Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, MARCH 9, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. […]
Japan Q4 GDP Revised Down on Lower Inventories; No Major Change To Solid Capex, Consumption
By Max Sato Gradual Economic Recovery Seen After Pullback in Q1 (MaceNews) – Japan’s economy posted the second straight quarter-on-quarter expansion in October-December but at a slightly slower pace than previously reported, as the decline in private-sector inventories turned out to sharper than initially estimated, Cabinet Office data released Tuesday showed. There was no major […]
Japan Jan Household Spending Plunges As Govt Urges Restrictions To Fight Pandemic
By Max Sato (MaceNews) – Japan’s household spending posted a sharper-than-expected drop in January as the government called for restricted economic activity to slow the spread of the pandemic, data released Friday by the Ministry of Internal Affairs and Communications showed. Expenditures on eating out and traveling are estimated to have remained weak for the […]
Draghi Government Eyes Italian Tax Cuts, Simpler, More Progressive Tax Regime – Sources
By Silvia Marchetti ROME (MaceNews) – Italy’s government is considering ambitious tax reform aimed at cutting Italy’s high taxes, simplifying its complex mix of exemptions, deductions, and credits, and helping lower earners, according to ruling coalition sources. Reducing taxation is paramount to kickstart the post-COVID recovery and boost consumption rates, argued sources. Italy’s income taxation […]