The Bankwatch

Tracking the consumer evolution of financial services

Japan looked to by G20 for support

Japan is sitting with a tidy current account surplus that the others in the G20 are eyeing jealously.  Japan has to put itself first however.

Japan’s $1 trillion to the rescue? | CS Monitor

TOKYO – Can Japan, the world’s second largest economy, save the global financial system?

As world leaders prepare to meet in Washington Saturday to seek a way out of the financial crisis, some are casting covetous eyes in the direction of Japan’s $1 trillion worth of foreign reserves as a source of salvation for troubled nations and banks.

Written by Colin Henderson

November 14, 2008 at 17:53

Posted in economy

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