Resource Tycoon Reborn
Chapter 638 Prime Minister Resigns
September 2008 was not a peaceful month. On September 14, an Aeroflot Boeing 737 crashed near the city of Perm in the middle of the Ural Mountains, killing all 91 passengers on board.
This is after a Sudanese Airlines Airbus A310 caught fire after landing at Khartoum International Airport, killing 29 people and leaving 27 missing;
It overran the runway and caught fire during takeoff, killing 151 people and injuring 21; a Kyrgyzstan Airlines Boeing 707 crashed near Manas International Airport in Bishkek, the capital of Kyrgyzstan.
, resulting in 67 deaths and 18 injuries, the fourth air crash in 2008!
"Boeing is going to have a headache again this time!" Fang Mingyuan flicked the newspaper and said to himself. As Qinxi Aviation Manufacturing Group produces more and more MD series aircraft, he can now fully understand Boeing
and Airbus felt psychologically when they saw the news about these air crashes. Although the causes of each air crash are different, and not necessarily all aircraft problems, the occurrence of each air crash has a profound impact on the two major companies.
It’s all a public relations test!
"Who do you think is going to have a headache again?" Zhao Ya, who was sitting next to Fang Mingyuan, asked casually while holding her child.
"Yesterday there was an Aeroflot air crash. A Boeing 737 passenger plane crashed. No one survived." Fang Mingyuan sighed. Overall, the safety of airplanes is higher than that of cars, trains, and ships, but it is not
When something goes wrong, it's over, and when something goes wrong, it's often the whole story.
"Aeroflot Airlines? That's not surprising. Their aircraft are generally older, and many of them are second-hand aircraft. Xiangyue has said many times that her subordinates are often wary of flying in Russia.
"Zhao Ya said, "Moreover, is this also an opportunity for Qinxi Aviation Manufacturing Group?"
"It should be an opportunity, but... hehe, the environmental conditions in Russia are relatively harsh, coupled with the management level of the Russian aviation department and company, the technical level of the pilots... Haha, we have sold too many to them, and we are trembling in our hearts." Fang Mingyuan
He said with a wry smile. If he could control the construction level of Qinxi Aviation Manufacturing Group, how could he control Russia? Zhao Ya was stunned for a moment, covered her mouth and chuckled.
"Mingyuan, sister's phone number." Lin Rong walked in and handed the phone in her hand to Fang Mingyuan. She turned around and squatted in front of Zhao Ya to play with the baby.
"Sister Lian, um... what did you say?" Fang Mingyuan's voice suddenly rose an octave, startling everyone, and the child started crying "Wow". Fang Mingyuan immediately stood up and hit Zhao Ya.
With an apologetic gesture, they walked out of the door. The two women looked at each other, wondering what Lin Lian had said to him on the phone that caused Fang Mingyuan to have such a big reaction.
"What big things happened in Japan recently?" Zhao Ya asked Lin Rong in surprise while coaxing her children.
"I haven't heard my sister say that." Lin Rong was also confused. There has been nothing special in Japan recently. Financial institutions are in crisis? There are so many similar things around the world that it is mind-numbing. They happen every now and then.
News that large financial institutions suffered serious losses due to subprime mortgages has spread, and even world-renowned banks are on the verge of bankruptcy and being merged and acquired. This is nothing new. Are there any weird remarks made by Japanese officials, or is the Prime Minister going to visit a shrine again? But
This kind of thing has happened many times in the past few years. How could Fang Mingyuan have such a big reaction? Or is there another earthquake in Japan? But it was normal for my sister to talk to me just now...
"Sister Lian, is the news confirmed?" Fang Mingyuan walked quickly back to his study and asked solemnly.
"It should be 10%. Although it cannot be 100%, the possibility is extremely high." Lin Lian's voice came over the phone. "The current Prime Minister of the Prime Minister's Office is likely to announce his resignation in the near future. The Liberal Democratic Party of Japan will
Re-elect the party president to take over as Prime Minister of Japan.”
"If the Liberal Democratic Party re-elects the party president, who will succeed him?" Fang Mingyuan pondered for a moment and said, "It won't be that Manga Taro, right?" The Manga Taro mentioned by Fang Mingyuan is the former foreign minister of the Japanese government and now the Secretary-General of the Liberal Democratic Party!
"It is very possible that Prime Minister Fu Tian appointed him as the Secretary-General of the Liberal Democratic Party, and there are already rumors that this is to pave the way for him to take over the post of Prime Minister of Japan in the future." Lin Liandao.
"Manga Taro..." Fang Mingyuan sucked his teeth and really felt a little headache. He is a strange person and a problematic person. But no matter how many problems he has, he is as stable as a rock in the Japanese political arena. He will know every cabinet.
Jump out and show up. As soon as Fang Mingyuan thinks that he will become Japan's next prime minister, he knows that in the short term in the future, Japan's political arena will be in a state of chaos again, and Japan-China relations will undergo another major test.
"Sister Lian, speed up the withdrawal of funds in Japan. You don't have to worry about anything anymore." Fang Mingyuan gritted his teeth and said. Since the subprime mortgage crisis, Lin Lian has followed Fang Mingyuan's request, in addition to those who have already established a business and have growth potential.
The company is gradually withdrawing the Fang family's capital in Japan. Firstly, it does not want to go too far and cause unnecessary trouble; secondly, it also wants to reduce losses as much as possible. But if Manga Taro is able to reach the top
...Fang Mingyuan doesn't want to become his victim!
"Okay! I understand!" Lin Lian was stunned for a moment before replying.
On September 15, Monday, due to a large amount of selling, the Nikkei Index plunged at the opening. After opening nearly 1% lower, the decline continued. With the emergence of a large number of selling, pessimism in the stock market
It spread rapidly, falling 4.03% in just 25 minutes. Although a large amount of funds later entered the market to protect the market, it still ended with a plunge of 873.73%, the largest single-day decline.
As high as 6.73 percent, setting the lowest closing point for the Japanese stock market since 2006. The broader TOPI index fell more than 90 points that day, with a drop of as much as 7.1 percent.
! This is the worst day for the TOPI index in the past three years and the worst annual opening since the index was established.
This plunge not only stunned the Japanese, but also shocked investors around the world. The plunge in the Japanese stock market even affected European and American stock markets, which also experienced declines of varying magnitudes.
However, this was just the beginning. On September 16, September 17, and September 18, the Japanese stock market fell for four consecutive days, although the decline in the next three days was not as shocking as that on September 15.
, but the cumulative decline in four days has reached 18.7%! Although the Japanese government is also working hard to stabilize the market, the effect is not obvious.
Yushan didn't even look at the latest stock market news on the coffee table, and his brows were already knitted together. The Nikkei Index plummeted, with a cumulative decline of nearly 19% in four days! Such a plunge, even in Japan for decades
It is also extremely rare in the history of the stock market. Moreover, in the past few days, Japan and other countries around the world have not released any major negative news. How could such a sharp decline occur inexplicably? Could it be said that there is any other news that I am not aware of?
Don’t know? Or is it affected by the resignation of Prime Minister Fudi?
The resignation of Prime Minister Fuden is actually no secret in several small circles of Japan's upper class society. Although the Liberal Democratic Party is still in power, due to the opposition and constraints of the opposition parties, Prime Minister Fuden has been in office this year.
It can be said that there are many difficulties. His support rate in Japan has been sluggish for a long time, especially the long-term confrontation between the ruling Liberal Democratic Party and the Democratic Party, which holds a majority in the Congress led by Ozawa Ichiro. The Congress has almost come to a state of stagnation and division. Many policies have been
It is difficult to implement. Although there is no big problem with Prime Minister Fudian's health, he is already over 70 years old. He has worked hard over the past year with no results and must be exhausted both physically and mentally. Therefore, Prime Minister Fudian asked
Although the resignation was surprising, it was quickly understood by everyone.
However, Yushan Jingwei still couldn't understand that the Prime Minister resigned on his own initiative. This was indeed a big impact on a country's political arena. But the problem is that in Japan, in recent years, this kind of thing has made people feel numb.
, except for a few prime ministers, Japan's prime ministers rotate like a revolving lantern, which can no longer surprise the people. Moreover, Prime Minister Fu Tian's support rate in the country is low, scandals among cabinet members are frequent, and he has to drastically reorganize the cabinet. He made
Such a decision is not unbelievable. But how could it cause such a big reaction in the stock market? Such a plunge has severely affected the companies under the Mitsui Zaibatsu, and their stock prices have fallen sharply.
It also disrupted many of Yushan Jingwei's plans.
When Yoshida Matsudaira, President of Sumitomo Mitsui Banking Corporation, walked into the room, what he saw was Tamayama Ningmi, whose brows were twisted into a ball.
"Ahem! Your Excellency, President," Matsudaira Yoshida coughed lightly.
"Ah, Matsudaira-kun, you're here." Yushan didn't notice Matsudaira Yoshidachi coming in, and stretched out his hand to signal, "Please sit down, I'm sorry, I won't get up."
"President, you are too polite, Matsudaira is unworthy of it." Matsudaira Yoshida sat down opposite Tamayama Ningomi and said. They are both members of the Mitsui Zaibatsu, and Tamayama Ningomi is his out-and-out senior. Besides,
Tamayama Jingwei is much older than him, and his position in the Mitsui Zaibatsu is more respected than him. How dare he put on airs in front of Tamayama Jingwei.
"Please come over here, Mr. Matsudaira. Mitsui & Co., Ltd. wants to consult Mr. Matsudaira on some matters. But before that, I would like to ask, what do you think of Mr. Matsudaira regarding the plummeting of our country's stock market in the past few days?" Yushan did not smile.
He asked, "I am getting older, and my thinking may have become somewhat solidified. I can't think of any reasons that could lead to such a sharp decline. After all, there don't seem to be any major negative events happening in our country in the past few days, right?"
"Hi! Chairman, you are joking. You are still in your prime, and now is a troubled time. Our Mitsui Zaibatsu needs a calming needle like you to stabilize people's hearts." Matsudaira Yoshida said with a smile, "As for the collapse of the stock market this time, I personally think that it is very likely that as crude oil prices continue to fall rapidly in the international market, sovereign wealth funds from Middle Eastern countries have withdrawn from my country's stock market on a large scale. Once these sovereign wealth funds cash out, the stock market should rebound sharply. of."
"A large-scale withdrawal of sovereign wealth funds from various countries in China?" Yushan did not ponder for a moment and nodded slightly. In the international market, after the price of crude oil hit a high of 151.8 US dollars at the end of July, it has
It began to decline rapidly, and now it has fallen below the ninety US dollar mark, and it seems that it has not yet reached the stage bottom. As for the rapid decline in crude oil prices, for the oil-producing countries in the Middle East, export revenue will naturally decrease significantly.
The land area has shrunk. Moreover, since the subprime mortgage crisis broke out, it has been more than a year since 2007. Not only does it show no signs of ending, but it is getting worse, and there are signs of spreading from the financial field to the real economy.
.
Yushan did not expect the news he had just received yesterday. The stock price of General Motors had fallen to the lowest point in the past fifty years and was on the verge of bankruptcy. Even a behemoth like General Motors had fallen into such a situation.
, the sovereign wealth funds of various countries in the Middle East are worried that the stock markets of major developed countries will collapse, which will seriously damage their interests, and it is natural for them to cash out their shares. However, why did these sovereign wealth funds choose to cash out in the Japanese stock market in the past few days?
"Your Excellency, President, as far as I know, the shares held by the sovereign wealth funds of various countries in the Middle East can account for more than 8% of the total value of our stock market. Their large-scale cash out will naturally cause a sharp decline in the stock market.
The sharp decline in the stock market will arouse other people's worries and herd mentality, which will cause the stock market to plummet. However, the impact of this plummet on the stock market will only be temporary. After they withdraw, I believe the situation will improve.
." Matsudaira Yoshida said confidently, "Although our Japanese financial system has also been affected by the U.S. subprime mortgage crisis, the impact is very limited. It is impossible to be as crisis-ridden as the financial systems of European countries. Instead of worrying
Regarding the impact of the subprime mortgage crisis, I think we should be more worried about the serious impact it will have on the export of our country's products once the global economic crisis breaks out."
"Huh? Matsudaira-kun, what do you mean..." Yushan looked at Matsudaira Yoshida with a somewhat playful expression.
Matsudaira Yoshida moved his knees a few times, bringing himself closer to Yushan, and said in a low voice: "Your Excellency, President, I think that by then we need to fully develop the Chinese market to help our country get out of the economic crisis as soon as possible!" (
To be continued.)
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