japan

Here’s what the economy could look like with a Biden or Trump presidency

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Here's what the economy could look like with a Biden or Trump presidency

The text discusses the potential impact of a Biden or Trump presidency on the US economy. The analysis covers eight major economic categories, including domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade. Biden and Trump have different plans and approaches to these economic categories based on their past records as president and their campaign promises. Biden focuses on issues like lowering prescription drug costs, investing in the future, supporting workers and small businesses, and ensuring fair taxation. Trump, on the other hand, has proposed plans such as protecting American car manufacturers, imposing tariffs on foreign-made cars, and focusing on fossil fuels. The text also highlights the differences in their views on student loan debt, healthcare, housing costs, labor unions, taxes, tariffs, and trade policies.

RIF launches , €400K initiative for Cyprus-Japan collaboration

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RIF launches , €400K initiative for Cyprus-Japan collaboration

The Research and Innovation Foundation (RIF) announced the launch of the “EIG CONCERT-Japan” initiative with a budget of €400,000. This program aims to foster scientific collaboration between Japan and Cyprus in the thematic areas of digital transformation and robotics in sustainable agriculture. The maximum funding allocated per project for the Cyprus consortium is €100,000, and proposals can be submitted via the IRIS portal of the Foundation by July 29, 2024.

Dollar extends losing streak ahead of US CPI

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Dollar extends losing streak ahead of US CPI

The USDJPY pair dropped to 155.50 in early European trading as the US Dollar continues to weaken. Investors are confident that the Federal Reserve will start reducing interest rates from September. The US Consumer Price Index data for April is awaited to provide insight into the interest rate outlook. Economists expect Japan’s Q1 Gross Domestic Product to show a contraction.

Historical fiction to adapt after Shogun

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Historical fiction to adapt after Shogun

Constantinos Psillides chooses the best of those ready for film/TV adaptations. The fact described in the text is that “Shogun” is considered one of the best limited series to come out in 2024.

Electronic Arts forecasts annual bookings below estimates as gamers cut spending

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Electronic Arts forecasts annual bookings below estimates as gamers cut spending

Fact: Electronic Arts (EA) forecast full-year bookings below Wall Street estimates due to a broader spending slowdown in the gaming industry.

Shipping industry to gather in Athens

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Shipping industry to gather in Athens

The Poseidonia 2024 World Expo will take place in Athens, Greece from June 3 to 7. Many Cypriot shipping companies and professionals will attend the event.

‘Wealth tax could send billionaires from India to Dubai, impractical’: economist

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‘Wealth tax could send billionaires from India to Dubai, impractical’: economist

Gautam Sen cautioned against the implementation of a wealth tax in India, warning that it could lead to wealthy individuals relocating their businesses to tax-friendly destinations like Dubai.

USD surges as Fed expected to prolong policy rates

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USD surges as Fed expected to prolong policy rates

The U.S. dollar-yen pair is trading around 155.30 in European markets on Wednesday, with the possibility of the Federal Reserve prolonging higher interest rates contributing to the Greenback’s strength. President Kashkari’s remarks suggest anticipation of unchanged interest rates for a considerable period, while interventions by Japanese authorities to support the JPY have only provided temporary relief.

Japan tells US that Biden’s ‘xenophobia’ comment is regrettable

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Japan tells US that Biden’s ‘xenophobia’ comment is regrettable

Japan has expressed regret over U.S. President Joe Biden’s comment that “xenophobia” is hindering the country’s economic growth. Despite this, Japan’s ties with the United States remain strong, with Tokyo aiming to strengthen them further. Biden had stated that immigration has been beneficial for the U.S. economy, contrasting it with countries like China, Japan, Russia, and India, which he claimed are struggling due to being xenophobic towards immigrants. Japan, known for its homogeneity, has been hesitant about immigration but is facing a labor shortage due to declining birthrates and an aging population. Prime Minister Kishida mentioned the possibility of inviting skilled workers to Japan but ruled out a comprehensive immigration program, citing resistance within Japanese society towards continuous immigration from overseas.

Warren Buffett predicts ‘higher taxes are likely’ since the national debt won’t pay for itself

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Warren Buffett predicts ‘higher taxes are likely’ since the national debt won’t pay for itself

Warren Buffett predicts that companies like his may have to pay higher taxes in the future, and he is fine with the idea.