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Health minister resigns over premium dispute

Department of Health Minister Yaung Chih-liang (楊志良) tendered his resignation in a shock move yesterday, saying he could not fulfill Premier Wu Den-yih’s (吳敦義) request that 75 percent of the insured be exempted from a proposal to increase national health insurance premiums.

Wu rejected Yaung’s resignation late last night, however. Executive Yuan spokesman Johnny Chiang (江啟臣) said the premier hoped Yaung would stay in the position.

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China sees bank risks in local-government financing

Chinese central bank Governor Zhou Xiaochuan (周小川) said that local-government financing vehicles using land as collateral may pose risks for the nation’s banks.

“When land prices rise, there may be over-valuation of land,” Zhou said at a press briefing in Beijing yesterday. “In the future, if land prices fall, there may be a difference in the assessment of the loan.”

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Newsflash


Former Democratic Progressive Party legislator Chai Trong-rong, left, looks on yesterday as former US attorney-general Ramsey Clark, second left, shakes hands with jailed former president Chen Shui-bian’s supporters at the gate of Taipei Prison in Gueishan Township, Taoyuan County.
Photo: Yu Juei-jen, Taipei Times

Former US attorney-general Ramsey Clark, a longtime advocate for Taiwanese democracy, yesterday visited former president Chen Shui-bian (陳水扁) in Taipei Prison and said that the government should release Chen immediately.

Clark visited Chen in the afternoon, accompanied by former Democratic Progressive Party (DPP) legislator Chai Trong-rong (蔡同榮) and Chen’s son, Chen Chih-chung (陳致中).