Saturday, March 8, 2008 5:49 pm | 
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Lawmaker eyes Japan’s own sovereign fund to create wealth
Japan needs to establish its own sovereign wealth fund worth several to a dozen trillion yen, so as to effectively create wealth and sustain growth despite population declines, a lawmaker advocating the fund said.
[KYODO]
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
