Identifier
Created
Classification
Origin
08TOKYO170
2008-01-23 05:11:00
UNCLASSIFIED
Embassy Tokyo
Cable title:
TOKYO MEDIA REACTION - INTERNATIONAL EFFECTS
how-toVZCZCXRO8478 PP RUEHFK RUEHKSO RUEHNAG RUEHNH DE RUEHKO #0170 0230511 ZNR UUUUU ZZH P 230511Z JAN 08 FM AMEMBASSY TOKYO TO RUEHC/SECSTATE WASHDC PRIORITY 1165 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 5643 RUEHNH/AMCONSUL NAHA 8036 RUEHNAG/AMCONSUL NAGOYA 4300 RUEHKSO/AMCONSUL SAPPORO 6248 RUEHOK/AMCONSUL OSAKA KOBE 9307 RUEHBJ/AMEMBASSY BEIJING 1246 RUEHMO/AMEMBASSY MOSCOW 2081 RUEHUL/AMEMBASSY SEOUL 7313 RUCNDT/USMISSION USUN NEW YORK 7959 RHEHAAA/NSC WASHDC
UNCLAS TOKYO 000170
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 - INTERNATIONAL EFFECTS
OF U.S. ECONOMIC DOWNTURN
UNCLAS TOKYO 000170
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 - INTERNATIONAL EFFECTS
OF U.S. ECONOMIC DOWNTURN
1. LEAD STORIES: All papers gave top play to the Fed's
decision on Tuesday to lower its key interest rate by
0.75 percentage points.
2. "U.S. Stimulus Measures Key to Relieving Market" The
moderate Yomiuri editorialized (1/23): "Stock prices
are dropping worldwide due to the subprime loan
crisis.... In order to reverse this trend, the U.S.
needs to come up with economic stimulus measures that
can relieve the market. Following the Fed's decision on
Tuesday to cut interest rates by 0.75 percentage
points, market players are paying close attention to
what the USG does next. Share prices plunged because
the stimulus package President Bush announced last week
was not sufficient.... The President needs to work with
Congress to come up with specific measures quickly."
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 - INTERNATIONAL EFFECTS
OF U.S. ECONOMIC DOWNTURN
1. LEAD STORIES: All papers gave top play to the Fed's
decision on Tuesday to lower its key interest rate by
0.75 percentage points.
2. "U.S. Stimulus Measures Key to Relieving Market" The
moderate Yomiuri editorialized (1/23): "Stock prices
are dropping worldwide due to the subprime loan
crisis.... In order to reverse this trend, the U.S.
needs to come up with economic stimulus measures that
can relieve the market. Following the Fed's decision on
Tuesday to cut interest rates by 0.75 percentage
points, market players are paying close attention to
what the USG does next. Share prices plunged because
the stimulus package President Bush announced last week
was not sufficient.... The President needs to work with
Congress to come up with specific measures quickly."
SCHIEFFER