Television stations last night started showing video of previous "cold medicine incidents" involving Finance Minister Nakagawa Shōichi, with snarky subtitles affixed.
Either Prime Minister Asō Tarō accepts Nakagawa's resignation, or demands it, or they are both gone.
It would be interesting to find out whether or not it was significant that the incident took place at a joint Ministry of Finance-Bank of Japan press conference. If Nakagawa had only had the MOF press club members in the room, the stunning video might have never seen the light of day. With the BOJ press club members in the crowd, however, the broad distribution of the footage would seem a foregone conclusion. Members of the BOJ press club would hardly feel a need to suppress the video--not when it offered such a delicious chance to boost the BOJ's status vis-a-vis the haughty MOF.
The risks from China’s property bubble
45 minutes ago