this is after vivendi pulled out of an eight year deal with mediaset.aying that vivendi includes information without confirmation. pi has japan's core c dropped again, marking the fifth consecutive month of declines. the data puts more pressure on the bank of japan to find new 2%s to reach that elusive inflation target. they talk of helicopter money continues. during us now is the executive director. thank you very much for joining us. thee ever wanted personification of the challenges that negative interest rates have not delivered, we have it in the data. cpi is down for the fifth month in a row. our negative rates still a fell a policy? -- still a valid policy? >> good morning and thank you for having me. i would politely disagree with your argument that negative rates do not work. if anything, what has failed in japan is the non-introduction of negative rates. remember that in january when the bank of japan introduced rate iscalled -0.1 -- this so-called -0.1% rate. japan does not have a negative rate policy. i think that is basically part of the pr