Word: tuesdays
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Dates: during 2000-2009
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After weeks of calls by the Japanese government to do something about deflation and the fast appreciating yen, the Bank of Japan held an emergency meeting Tuesday - and decided what the world's second largest economy needs is more money. Central bank governor Masaaki Shirakawa announced steps to step up 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...
...Tuesday, Deputy Prime Minister 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...
...taken President Obama three months to reach the decision on Afghanistan that he'll share with the nation on Tuesday night, because there are no easy solutions. His chosen path will win applause from some quarters but boos from others. Here's a scorecard outlining the key questions the speech will address, to determine what proposals Obama has embraced and the risks he's willing to accept - and who's likely to be pleased or ticked off as a result...
...leaks and speculation are anything to go on, President Barack Obama will deliver a number of different messages in his Tuesday-night speech about the war in Afghanistan. He will announce plans to send some 30,000 additional troops to the war zone. He will lay out benchmarks that the government of Hamid Karzai will be expected to meet. He may even sketch a timetable for an eventual U.S. withdrawal. At some point, he will likely describe the conflict in Afghanistan as a war of necessity...
...ninth year, and public support is waning. But Obama on Tuesday repeated his belief that neither al-Qaeda nor its allies can be permitted to flourish in Afghanistan. "We are going to dismantle and degrade their capabilities and ultimately dismantle and destroy their networks," he said. "It is my intention to finish the job." (See pictures of Osama Bin Laden...