So donot expect Japan's Minister of Finance to intervene--unless the yen strengthens beyond 84.8, the multiyear high set last November after the Dubai sovereign debt shock.
But it is surely no coincidence that Mr Verheugen is pressing more strongly than ever these days for the creation of a European force strong enough to intervene in crises where the Americans donot wish to be involved.
The new bill, which has been backed by the Convention of Scottish Local Authorities, would give parents in Scotland powers to ask inspectors to intervene if their children's schools donot respond adequately to their complaints.
The Obama administration has (it appears) chosen not to intervene militarily, as America would be expected to do even as part of a so-called international force.
Although Parker and Smith eventually gave evidence against Coats and Wade they did notintervene to save Lynda, claiming they were too scared to do anything.