Lines at polling places spilled out into Tokyo streets Sunday as Japanese citizens showed up in droves to vote in a parliamentary election that is expected to yield a historic shift in political power. With fours hours left until polls closed, 41 percent of eligible voters had cast ballots. While the number is slightly lower than the last elections in 2005, absentee ballots were 162 percent higher this time round, officials said
Tag Archives: economic-policy
A Brief History of the Minimum Wage
Hispanic population boom fuels rising U.S. diversity
The nation is becoming even more diverse: More than one third of its population belongs to a minority group, and Hispanics are the fastest-growing segment. The U.S. Census Bureau reported Thursday that the minority population reached an estimated 104.6 million — or 34 percent of the nation’s total population — on July 1, 2008, compared to 31 percent when the Census was taken in 2000
World’s richest countries pledge to fix economy
The world’s richest countries committed to "any further action that may prove necessary" to restore confidence in the global financial system, their finance ministers said as they wrapped up a two-day meeting in Rome. The Group of Seven finance ministers also urged countries not to close their markets to goods and services from abroad. “An open system of global trade and investment is indispensable for global prosperity,” they said in a statement at the end of their meeting Saturday.