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Aso Cabinet E-mail Magazine Inauguration Issue (October 9, 2008) ================================================================

"Japan's latent power"
-- Message from the Prime Minister
(Provisional Translation)

Prime Minister Taro AsoProfile Japanese

Japan's latent power.

Dr. Yoichiro Nambu, Dr. Toshihide Masukawa, and Dr. Makoto Kobayashi are to be awarded the 2008 Nobel Prize in Physics. Also, the breaking news last night was that the 2008 Nobel Prize in Chemistry will go to Dr. Osamu Shimomura.

This marks the first time in six years that a Japanese has achieved the distinction of being selected to receive the Nobel Prize. Hearing this bright news, I immediately made phone calls to express my congratulations and gratitude.

"What is very important is to have an adventurous spirit in science. In my view, studying comes more easily to those who feel passionate about a field."

This is a powerful message from Professor Masukawa to the young people of today. I believe that the cheerful and constructive attitude the Japanese people take to all that they do is the source of the people's strength.

Japanese people should have more confidence in their latent powers. Japan must be "strong and bright." I hope to expand upon these ideas through this weekly e-mail magazine, and this issue marks its official inauguration.

Meanwhile, the Japanese economy, including the regional economies, is subject to increasingly severe conditions. My top priority is to ease the people's anxieties about their daily lives. First, we must implement without delay the Comprehensive Immediate Policy Package that was formulated recently.

The supplementary budget, which underpins the implementation of the policy package, passed the House of Representatives yesterday. I will seek to obtain, as soon as possible, the approval of the House of Councillors, in which the deliberations are to commence.

This week, the Nikkei stock average dropped below 10,000 for the first time in four years and ten months. The yen also continues to strengthen and for a time one U.S. dollar traded for less than 100 yen.

Compared to other countries, Japan's financial system is healthy. Yet there are strong concerns that the real economy will be affected by the serious financial crisis stemming from the United States. I will unfailingly carry out appropriate measures while paying close attention to changes in the economic conditions.

There are many other important policy issues. I will openly and squarely attend to the Diet deliberations, and will swiftly bring about conclusions to the discussions on the issues at hand.

* Profile of the Prime Minister

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<1ch> Prime Minister
- Inauguration of the Aso Cabinet
  - Prime Minister's Week in Review (September 24 to 28, 2008)

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[What's up around the Prime Minister]

- The Prime Minister Attends the Budget Committee of the House of Representatives (October 6, 2008)
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General Editor: Prime Minister Taro Aso
Chief Editor: Deputy Chief Cabinet Secretary Jun Matsumoto
Publication: Cabinet Public Relations Office
1-6-1 Nagata-cho, Chiyoda-ku, Tokyo 100-8968, Japan

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