Search the history of over billion web pages on the Internet. Capture a web page as it appears now for use as a trusted citation in the future. Hamburger icon An icon used to represent a menu that can be toggled by interacting with this icon. Web icon An illustration of a computer application window Wayback Machine Texts icon An illustration of an open book.
Texts Video icon An illustration of two cells of a film strip. Video Audio icon An illustration of an audio speaker. Audio Software icon An illustration of a 3. Software Images icon An illustration of two photographs. Images Donate icon An illustration of a heart shape Donate Ellipses icon An illustration of text ellipses.
Donate icon An illustration of a heart shape "Donate to the archive" User icon An illustration of a person's head and chest. Sign up Log in. Search icon An illustration of a magnifying glass. Metropolitan Museum Cleveland Museum of Art. Internet Arcade Console Living Room. Open Library American Libraries. Search the Wayback Machine Search icon An illustration of a magnifying glass. Sign up for free Log in. The deal will allow Kelzo Obuchi, the prime minister, to meet US President Bill Clinton next week with evidence that Japan is working to solve its financial sector problems.
US offi- cials have recently Increased pressure on Japan to speed its banking sector reforms and resuscitate its economy to prevent a global slump. The agreement calls for the temporary nationalisation of the troubled Long Term Credit Bank of Japan and the establishment of an independent body, the Financial Revival Committee, to oversee the process. A Yl3. The agreement was reached in Tokyo after round-the-clock nego- tiations on Thursday between the ruling Liberal Democratic party and an opposition alliance.
In the end, Mr Obuchi and the LDP had to give in to most of the opposi- tion's demands on key issues. Naoto Kan, leader of the Demo- cratic Party of Japan, the largest opposition group, hailed the deal as a victory for the opposition. There was general relief that a deal had at last bean reached.
