Draghi: ECB Could Buy Government Bonds

Asian stocks rose as investors awaited Japanese Prime Minister Shinzo Abe's response to Japan's recession. Abe may delay a sales tax increase and call for early elections, possibly introducing stimulus measures. ECB President Mario Draghi suggested government bond buying to stimulate the eurozone if needed. The ECB's forecasts may show weaker growth. Former Bank of England governor Mervyn King supported UK Prime Minister David Cameron's caution about global growth, noting the eurozone's recession risk. Despite recovery signs in the US and UK, other regions show no such signs.

What action is Japanese Prime Minister Shinzo Abe considering in response to the recession?

• Increasing the sales tax immediately

• Postponing the sales tax increase and calling for early elections

• Reducing government spending

• Implementing new trade tariffs

What economic measure did ECB President Mario Draghi suggest could be used if the eurozone's outlook worsens?

• Reducing public sector wages

• Raising interest rates

• Increasing taxes

• Government bond buying

What is expected from the ECB's next set of forecasts?

• No change in the growth outlook

• An increase in inflation rates

• A weaker growth outlook for the eurozone

• A stronger growth outlook for the eurozone

What did former Bank of England governor Mervyn King support in his statement?

• David Cameron's caution regarding global growth

• David Cameron's optimism about global growth

• A new global economic policy

• Immediate economic recovery in all regions

What is a major concern regarding the global economy according to the transcript?

• A rapid recovery in all regions

• A lack of recovery signs in major parts of the world

• A decrease in unemployment rates

• An increase in global trade