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 IMF urges Japan to help America

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silkysand
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PostSubject: IMF urges Japan to help America   Fri Jan 20, 2012 5:33 pm

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.alsabaah.com%2FArticleShow.aspx%3FID%3D20327

21/01/2012
Tokyo (Reuters)
He urged Japanese Finance Minister John Azumi IMF requested the cooperation of the United States in its plan to collect money to contain the repercussions of the European sovereign debt crisis, saying that such cooperation is necessary.
The United States, which suffer from budgetary pressures and awaiting imminent elections they will contribute more resources to the Fund.
Izumi said that Japan would study how to respond to the plans of the Fund to collect money after listening to the details of the Washington-based Fund, adding that his country was ready to contribute to consultations with other States.
And between Azumi told reporters after a cabinet meeting saying "expect them to explain the amount of funding required to decide our response later Friday.

"But first I want to contact from the International Monetary Fund, the United States. If he wants the Fund to strengthen its US cooperation will be necessary so I want them to make this effort. "
The Trade Minister said Yukio aydano Friday told visiting us officials that Japan's imports of Iranian crude oil in low and they will continue a downward trend from officials, Treasury and foreign us meetings with Japanese officials in Tokyo this week to explain us law imposing sanctions on countries trading with Iran as a means of reducing the capacity of the Islamic Republic build a nuclear bomb.
Like other Asian importers of Iranian oil against Japan under pressure to reduce its imports from the world's fifth-largest oil exporter to get relief from the sanctions.

Aydano said he told them that Japan's purchases of Iranian oil fell by 40 percent over the past five years and is referred to by the Prime Minister Yoshihiko Nadu told a press conference last week.
Aydano said at a press conference on Friday made clear that this trend will continue. "
He asked us officials to examine development of Japan in relation to sanctions against Iran in a flexible manner and that he expected more talks.


Iranian crude represents 10 percent of Japan's total imports of oil and some are concerned that the new penalties are paid to oil prices may rise further blow for the Japanese economy which is still trying to recover from a devastating earthquake and a nuclear disaster.
Oil Association Chief said Thursday that the oil industry is likely to reduce its purchases of Iranian crude Japanese within three months.
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SEBtopdog
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PostSubject: Re: IMF urges Japan to help America   Fri Jan 20, 2012 5:49 pm

SilkySand: I realize this was translated from Japanese to English. Now do you have a program to translate it from English ... well, to English? I really admire those of you who can grasp the meaning in just one pass.

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PostSubject: Re: IMF urges Japan to help America   Fri Jan 20, 2012 5:56 pm

I read twice, my wife read it once, we both came to the same conclusion,

The IMF wants Japan to send More Money, we think

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PostSubject: Re: IMF urges Japan to help America   Fri Jan 20, 2012 6:16 pm

Here is the ENGLISH version from Reuters: bigsmile
http://www.reuters.com/article/2012/01/20/japan-economy-azumi-idUSL3E8CK12820120120

* Azumi says U.S. cooperation is "essential"

* U.S. has refused to contribute more resources to IMF

* Japan ready to join talks after IMF gives details

By Tetsushi Kajimoto

TOKYO, Jan 20 (Reuters) - Japan's Finance Minister Jun Azumi urged the International Monetary Fund (IMF) to seek U.S. cooperation for its plan to raise funds to contain the fallout from the European sovereign debt crisis, saying such cooperation was essential.

The United States, with a strained budget at home and an election looming, has said it would not contribute more resources to the IMF.

Azumi said Japan would consider how to respond to the IMF's fund raising plans after hearing details from the Washington-based global lender, adding that it is ready to participate in discussions with other countries.

"I expect them to explain the size of fund raising so we will decide how to respond after that," Azumi told reporters after a cabinet meeting.

"But first, I want the IMF to communicate with the United States. If the IMF is to strengthen its functions, U.S. cooperation is necessary so I want them to make such efforts."

He said that if the IMF secured the cooperation of the United States it would enhance trust in the lender and enable it to play a bigger role.

The IMF is seeking to more than double its war chest by raising $600 billion to help countries deal with the European debt crisis.

Asked if Japan would refuse to cooperate given the U.S. stance against fund raising, Azumi said he would not rule out discussions and Japan would join talks with other countries.

On Thursday, a senior Japanese government source said Japan stands ready to provide bilateral loans to the IMF to back Europe's efforts to contain its debt crisis, but wants to see strong efforts by European countries themselves first to resolve the issue.

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PostSubject: Re: IMF urges Japan to help America   Fri Jan 20, 2012 6:22 pm

Thanks kevind53! Now I get it.....

1alaskan was right. The IMF wants more $$$$$$$$$$$$$

You have good sources kev....It's probably the guys working for you

Suspect Suspect Suspect

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PostSubject: Re: IMF urges Japan to help America   Fri Jan 20, 2012 9:08 pm

Thank you Kevin for providing requested info. I wasn't at my pc when the request was made. Thanks again...
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PostSubject: Re: IMF urges Japan to help America   Fri Jan 20, 2012 9:15 pm

@SEBtopdog wrote:
SilkySand: I realize this was translated from Japanese to English. Now do you have a program to translate it from English ... well, to English? I really admire those of you who can grasp the meaning in just one pass.

Hi, this article was published in the Middle East from the news agency provided in the link. Sorry, didn't search for article availability from one of our own USA based news networks. Thanks to Kevin your questioned was answered...Have a great one! :sunny:
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PostSubject: Re: IMF urges Japan to help America   Fri Jan 20, 2012 11:01 pm

@silkysand wrote:
@SEBtopdog wrote:
SilkySand: I realize this was translated from Japanese to English. Now do you have a program to translate it from English ... well, to English? I really admire those of you who can grasp the meaning in just one pass.

Hi, this article was published in the Middle East from the news agency provided in the link. Sorry, didn't search for article availability from one of our own USA based news networks. Thanks to Kevin your questioned was answered...Have a great one! :sunny:

Thanks many million dinars!!!!!

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