No subject

...The ministry of finance said it would lend Y500 billion ($5.1 =
billion) of Japan's forex reserves to the Japan Bank of International =
Co-operation.  It will use the funds to help companies meet overseas =
funding needs ahead of the end of the fiscal year.

Kaoru Yosano, the finance minister, said..."The [downturn of the] =
economy is becoming increasingly server and it is necessary to take all =
possible measures to help companies get access to funds for their =
domestic and overseas businesses..."

Toyota, the world's largest carmaker, said yesterday that its US =
financing arm could seek dollar funds through the new programme to ease =
the impact of rising credit costs in the US, its largest market.
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I think this what the holders of US debt instruments will be compelled =
to do in the attempt to keep their corporations, and trading relations, =
afloat.  There is not going to be dumping of the dollar, or of US debt =
obligations in order to establish a new, or different, reserve =
currenchy.