Abe taps ex-PM Taro Aso as finance minister
TOKYO (Reuters) - New Japanese Prime Minister Shinzo Abe on Wednesday appointed Taro Aso, a veteran lawmaker and former premier, as finance minister to help push his policies of drastic monetary easing and big spending to beat deflation and tame the strong yen.
As prime minister in 2008-2009, Aso, now 72, launched massive economic stimulus packages to combat fallout from the global financial crisis, but his efforts were overshadowed by gaffes, scandals and policy flip-flops that culminated with his Liberal Democratic Party losing power after more than half a century of almost uninterrupted rule.
(Reporting by Linda Sieg; Editing by Edmund Klamann)
- Housing, jobs data weaken, but overall economic picture still upbeat
- Putin critic Khodorkovsky in Germany after pardon |
- Target cyber breach hits 40 million payment cards at holiday peak |
- Pizza outlet attacked as India, U.S. fail to cool diplomat row |
- New York Mayor-elect's reputation for lateness parodied on Twitter