To its credit, Japan has committed to the purchase of two more Aegis destroyers in the current Mid-Term Defense Plan with one each to be procured in 2002 and 2003.
On Tuesday, he said the Fed would consider extending its direct lending window to Wall Street companies (aka, primary dealers typically not allowed to borrow directly from the Fed) beyond a mid-September deadline to promote stability, as long as short-term debt markets continue to be severely constrained by the credit crisis.