A key Japanese figure in the benchmark Trans Pacific Partnership (TPP) trade agreement unexpectedly resigned amid bribery charges Thursday in what the BBC’s Mariko Oi described as “possibly the biggest scandal the Abe administration has faced.” Japanese finance minister, key trade negotiator, involved in $101,000 payment scandal, says money was mishandled by staff, should have been a “campaign contribution” The announcement Thursday that Japan’s Economy Minister Akira Amari is resigning is reported as a “significant blow” to the administration of Japanese Prime Minister Shinzo Abe. The head of the Japanese economic system stands accused of taking money and gifts…
Japanese Finance Minister, Key TPP Trade Negotiator, Resigns Amid Bribery Charges
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.