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...monetary easing by injecting 10 trillion yen (about $115 billion) into Japan's financial system. Shirakawa told reporters that these steps could be considered "quantitative easing in a broad sense." The eight-member policy board also unanimously voted to maintain the Bank of Japan's key short-term interest rate at 0.1%. Doubts, however, remain about what the boost to liquidity will actually achieve...
...Naoto Kan, who is also the national strategy chief, and Finance Minister Hirohisa Fujii, stressed the importance of quantitative easing to the Bank of Japan. In turn, the Bank agreed to cooperate by lending 10 trillion yen, in the form of short-term loans, to commercial banks at the rate of 0.1%, and to accept government bonds and corporate debt as collateral...
...this is the answer from the BOJ - reactive rather than proactive." Kanno says that the BOJ is making a kind of concession to the government and is probably reluctant to implement quantitative easing because it is not convinced that it will improve deflation, economic stagnation or the unemployment rate. "I don't think the BOJ expects improvement on those fronts," he says. "This does no harm, but it does no good...
...When we inject cancerous cells, memory of the immune system is sustained,” Ali said. “Tumors grow at slower rate and some mice don’t develop tumors...
...either overweight or clinically obese has skyrocketed in recent years across Europe, but in Spain, the problem has been particularly acute. The latest data from the London-based International Obesity Taskforce from 2006 indicate that Spain has the highest incidence of overweight boys (35%) and the third highest rate of overweight girls (32%) in the European Union. Of those children, an estimated 15% to 16% are considered obese...