Search

 

Cablegate: Tokyo Media Reaction - World Economy

VZCZCXRO0696
PP RUEHFK
DE RUEHKO #2801 2820058
ZNR UUUUU ZZH
P 080058Z OCT 08
FM AMEMBASSY TOKYO
TO RUEHC/SECSTATE WASHDC PRIORITY 7779
RUEKJCS/SECDEF WASHDC PRIORITY
RUCPDOC/USDOC WASHDC PRIORITY
RUEATRS/DEPT OF TREASURY WASHINGTON DC PRIORITY
RUYNAAC/COMNAVFORJAPAN YOKOSUKA JA PRIORITY
RHHMUNA/HQ USPACOM HONOLULU HI PRIORITY
RHHMHBA/COMPACFLT PEARL HARBOR HI//N541// PRIORITY
RHMFIUU/HQ PACAF HICKAM AFB HI//CC/PA// PRIORITY
RUHBANB/OKINAWA FLD OFC US FORCES JAPAN CP BUTLER JA PRIORITY
RHMFIUU/USFJ PRIORITY
INFO RUEHFK/AMCONSUL FUKUOKA 0260
RUEHOK/AMCONSUL OSAKA KOBE 4005
RUEHBJ/AMEMBASSY BEIJING 5723
RUEHMO/AMEMBASSY MOSCOW 2558
RUEHUL/AMEMBASSY SEOUL 1718
RUCNDT/USMISSION USUN NEW YORK 1991
RHEHAAA/NSC WASHDC

UNCLAS TOKYO 002801

SIPDIS

STATE FOR I/RF, PA/PR/FPC/W, IIP/G/EA, EAP/PD, R/MR,
EAP/J, EAP/P, PM;
USTR FOR PUBLIC AFFAIRS OFFICE;
TREASURY FOR OASIA/IMI;
SECDEF FOR OASD/PA;
CP BUTLER OKINAWA FOR AREA FIELD OFFICE;
PACOM HONOLULU FOR PUBLIC DIPLOMACY ADVISOR

E.O. 12958: N/A
TAGS: OIIP KMDR KPAO JA
SUBJECT: TOKYO MEDIA REACTION - WORLD ECONOMY

1. LEAD STORIES: All Wednesday morning papers gave
prominent top play to the three Japanese scientists who
won the 2008 Nobel Prize in physics.

2. "It's High Time for U.S., Europe to Employ All
Policy Tools" The liberal Mainichi editorialized
(10/8): "Japan experienced a banking crisis in the late
1990s after the economic bubble collapsed. At that
time, Japan was pressed by the U.S. and Europe to do
everything it could, including massive government
spending and the purchase of corporate shares by the
Bank of Japan. This time around, the U.S. and Europe
should mobilize all policy instruments available to
contain the financial turbulence and turn around the
stock market."

3. "U.S., Europe Must Address Root Problems to Deal
with Global Stock Plunge" The business-oriented Nikkei
argued in an editorial (10/8): "Financial instability
in the U.S. and Europe is responsible for a worldwide
stock plunge. Distrust in the banking system will
remain as long as concern remains about the adequacy of
the capital bases of financial institutions. In order
to root out the core problems of the ongoing crisis,
the U.S. and European governments need to inject
sufficient public money into ailing lending
institutions."


SCHIEFFER

© Scoop Media

 
 
 
World Headlines

 




UN: “COVID-19 Is Not Over”, Tedros Warns World Health Assembly

The head of the World Health Organization (WHO) told global health Ministers on Sunday that although reported COVID-19 cases and deaths have declined significantly, it is not time to lower the guard... More>>



UN: Bachelet Calls On Mexico To Step Up Efforts As Tragic Milestone Reached Of More Than 100,000 Disappearances

UN High Commissioner for Human Rights Michelle Bachelet on Tuesday called on the Mexican authorities to step up efforts to ensure truth and justice for victims of disappearances, who now number more than 100,000, according to official data... More>>


ADC: Statement On The Assassination Of Shireen Abu Akleh

Early this morning in Jenin, Occupied Palestine, revered Palestinian voice Shireen Abu Akleh, a Palestinian American journalist for Al Jazeera, was assassinated by Israeli Occupation Forces snipers...
More>>





Access Now: Elon Musk’s Twitter Buyout Must Not Come At The Expense Of Human Rights

Following today’s announcement that Elon Musk will acquire complete ownership of Twitter in a cash sale of around 44 billion USD, pending shareholder approval, Access Now urges Twitter’s Board, employees, and shareholders... More>>



UN: Biodiversity And Ecosystem Protection Highlighted On Mother Earth Day

Marking International Mother Earth Day, UN General Assembly President Abdulla Shahid urged on Friday, for collective action to safeguard biodiversity and protect ecosystems... More>>

Ukraine: Hundreds More Reach Safety After Fleeing Besieged Mariupol
In Ukraine, humanitarians said on Wednesday that hundreds of people have managed to reach safety after fleeing Mariupol, where there’s also been condemnation for the killing of Lithuanian filmmaker Mantas Kvedaravicius... More>>