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    Replay of 05-09-13. Guest Carlos Warner. Carlos Warner is an Assistant Federal Defender representing 11 men held without charge in Guantanamo Bay. Carlos has been a public defender for 15 years. He has traveled to Guantanamo approximately 30 times and has been to the base twice since the current hunger strike began on February 6, [...]
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    Guest Carlos Warner. Carlos Warner is an Assistant Federal Defender representing 11 men held without charge in Guantanamo Bay. Carlos has been a public defender for 15 years. He has traveled to Guantanamo approximately 30 times and has been to the base twice since the current hunger strike began on February 6, 2013. INN_Radio_2013-05-09_64k.mp3 INN_Radio_2013-05-09_16k.mp3

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Risk of Japan going bankrupt is real, say analysts PDF Print E-mail
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International
Monday, 12 April 2010 16:36
Analysts say Greece's debt problems may currently be in the spotlight, but Japan is also walking a financial tightrope, with a public debt bigger than that of any other industrialized nation. Japan’s debt is expected to hit 200 percent of Gross Domestic Product next year as the government tries to spend its way out of the economic doldrums, despite plummeting tax revenues and soaring welfare costs for its ageing population. Hideo Kumano, chief economist at Dai-ichi Life Research Institute says: "Japan's .. debt to budget ratio is more than 50 percent," adding that, without issuing more government bonds, Japan "would go bankrupt by 2011." Japan’s huge public debt is a legacy of massive stimulus spending during the economic "lost decade" of the 1990s, as well as a series of pump-priming packages to tackle the current recession. Standard & Poor's has warned it might cut its rating on Japanese government bonds, raising Japan's borrowing costs.
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