Identifier
Created
Classification
Origin
07TOKYO4881
2007-10-19 02:03:00
UNCLASSIFIED
Embassy Tokyo
how-toVZCZCXRO3648 PP RUEHFK RUEHKSO RUEHNAG RUEHNH DE RUEHKO #4881 2920203 ZNR UUUUU ZZH P 190203Z OCT 07 FM AMEMBASSY TOKYO TO RUEHC/SECSTATE WASHDC PRIORITY 8720 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 3837 RUEHNH/AMCONSUL NAHA 6247 RUEHNAG/AMCONSUL NAGOYA 2738 RUEHKSO/AMCONSUL SAPPORO 4542 RUEHOK/AMCONSUL OSAKA KOBE 7502 RUEHBJ/AMEMBASSY BEIJING 9614 RUEHMO/AMEMBASSY MOSCOW 1929 RUEHUL/AMEMBASSY SEOUL 5668 RUCNDT/USMISSION USUN NEW YORK 6511 RHEHAAA/NSC WASHDC
UNCLAS TOKYO 004881
SIPDIS
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 - G7
LEAD STORIES: Top stories on Friday morning included a
Pentagon statement denying allegations that Japanese
fuel was diverted to US Navy vessels engaged in
operations in Iraq.
"G7 Should Remove Distrust" The liberal Tokyo Shimbun
editorialized (10/19): "...The subprime loan problem
will be the major focus of the upcoming G7 meeting. G7
nations need to make every effort to stabilize the
market by conducting in-depth discussions addressing
such issues as the impact on the world economy, the
prospect of settlement of the subprime loan crisis, and
the reliability of rating firms that evaluated housing
loan products. The US, Japan, and Europe should
coordinate their views about cooperative measures,
including potential interest rate cuts, in order to
prepare for a possible credit crunch... G7 nations plan
to meet with managers of sovereign wealth funds. Their
discussion should be aimed at increasing transparency
in their management in order to avoid unnecessary
confusion in the market."
SCHIEFFER
SIPDIS
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 - G7
LEAD STORIES: Top stories on Friday morning included a
Pentagon statement denying allegations that Japanese
fuel was diverted to US Navy vessels engaged in
operations in Iraq.
"G7 Should Remove Distrust" The liberal Tokyo Shimbun
editorialized (10/19): "...The subprime loan problem
will be the major focus of the upcoming G7 meeting. G7
nations need to make every effort to stabilize the
market by conducting in-depth discussions addressing
such issues as the impact on the world economy, the
prospect of settlement of the subprime loan crisis, and
the reliability of rating firms that evaluated housing
loan products. The US, Japan, and Europe should
coordinate their views about cooperative measures,
including potential interest rate cuts, in order to
prepare for a possible credit crunch... G7 nations plan
to meet with managers of sovereign wealth funds. Their
discussion should be aimed at increasing transparency
in their management in order to avoid unnecessary
confusion in the market."
SCHIEFFER