Friday, January 31, 2003

Final salary victims march for rights. Final salary scheme members who have lost up to half of their life savings due to unfair wind-up rules are to hand in a protest in Downing Street. [BBC News | Front Page | UK Edition] What is are "wind-up rules?" The author of the article didn't bother to explain. comment () trackback ()  7:43:07 PM     Japan's Koizumi: Reforms Need More Time [AP World News] Prime Minister Junichiro Koizumi insisted Friday there would be no financial crisis in the world's second-largest economy, promising tax cuts and pleading for time for reforms to work. At least someone is finally talking about tax cuts, after ten years of repeating the same mistakes. The article doesn't go into much detail, so I can't tell if there will be meaningful tax cuts or just the sort of insignificant window dressing that the Republicans like here in the US. comment () trackback ()  11:36:11 AM

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