The impasse in Japan's parliament has raised fears among investors that the world's third largest economy is being driven towards a "fiscal cliff", Reuters reported.The bug may have found its windshield.
"The government running out of money is not a story made up. It's a real threat," Finance Minister Jun Azumi told a news conference, making a last-ditch appeal for cooperation by opposition parties to pass the bill.
"Failing to pass the bill will give markets the impression that Japan's fiscal management rests on shaky ground," he said.
Weekly Initial Unemployment Claims increase to 257,000 - The DOL reported: In the week ending April 22, *the advance figure for seasonally adjusted initial claims was 257,000*, an increase of 14,000 from the prev...