One of the many things to worry about now that Japan is finally doing what we have been waiting for it to do (devaluing the yen and so pushing up the stock market at speed) is the effect the falling currency will have on the price of its energy imports.
With that in mind it is worth reading this report of a talk given by Stefan Larus Stafansson, the ambassador of Iceland to Japan, at the United Nations University Headquarters in Tokyo late last year.
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