Company and economic performance in Japan is still disappointing and bank lending over there is retracting. This is a swell of money into the yen, but at this point I think it's a very speculative swell.

Company and economic performance in Japan is still disappointing and bank lending over there is retracting, ... This is a swell of money into the yen, but at this point I think it's a very speculative swell.

It's painfully clear that the longer Japan waits to address its fiscal deficit, the fewer plausible scenarios there will be to bring the debt-to-GDP ratio down -- ever.

These indicators are suggesting a pickup in economic activity over the next few months now that the monetary constraint on growth has been lifted. Hooray.

You will kill our farmers when you lend to them at 26% per annum

World Bank is a bank that's focused on economic development and poverty alleviation.