G7 Leaders Pledge Continued Actions Vs Russia
WASHINGTON (MaceNews) – Leaders of the G-7 countries, including President Joe Biden, Sunday met with Ukraine President Volodymyr Zelensky by video hookup, afterwards issuing a long statement pledging continued widespread sanctions and other actions, like phasing out Russia energy supplies, to support the war effort. The statement follows: G7 Leaders’ Statement Today, on 8 May, […]
Japan Upgrades Economic View as Easing Covid Impact Supports Spending; Uncertainty Remains
By Max Sato (MaceNews) – Japan’s government Thursday upgraded its overview for the first time in four months as the drag from an Omicron-led spike in coronavirus cases is easing to support consumption despite surging food and energy prices and uncertainty over the war in Ukraine, according to its monthly report released by the Cabinet […]
<strong>Japan Govt Sees Economic Pickup Signs, Warns of Downside Risks from Inflation, Markets, War </strong>
By Max Sato (MaceNews) – Japan’s government Friday maintained its overview that the economy is showing signs of a pickup amid some soft spots as Covid cases appear to have peaked, but also warned that rising prices, volatile financial markets, and the war in Ukraine could heighten downside risks, according to its monthly report released […]
Analysis: Japan PM Kishida to Face Bad Economic News After Omicron Storm
–Economists Revise Down Forecasts to Show Slight Contraction in 1Q By Max Sato (MaceNews) – Japanese Prime Minister Fumio Kishida is likely to face bad news on the economic front after barely surviving voter frustration over public health restrictions imposed about two months ago aimed at fighting a surge in Covid infections caused by the […]
Japan Government Downgrades View: Some Weakness Seen in Pickup Hit by Covid
— Pickup in Consumption Pausing on Resumed Covid Restrictions — Business Investment Moving Upward as Seen in Q4 GDP Rebound By Max Sato (MaceNews) – Japan’s government Thursday downgraded its economic overview for the first time in five months, noting the recent spike in coronavirus cases sparked by the Omicron variant is hurting consumer spending, […]
Japan Sentiment, Public Approval of Kishida Government Slip with Rapid Omicron Spread
–PM Kishida Under Pressure To Shore Up Voter Support Before Upper House Election This Year –Kishida Tackling Pandemic; His Long-Term Approach of Inclusive Policy Takes Time To Have Impact By Max Sato (MaceNews) – The Omicron storm in the new year is hurting business and consumer confidence as the government was forced to resume its […]
Japan Government Keeps Economic Pickup View After December Upgrade
— Consumers Brave Omicron Scare in Year-End, New Year Leisure Season — Production Improving on Easing Supply Constraints By Max Sato (MaceNews) – Japan’s government Tuesday maintained its economic overview after upgrading it last month for the first time in 17 months, saying consumer spending is picking up — despite rising Covid cases — and […]
Japan Govt Sees Slower Economic Pickup Amid Disrupted Supply Chains, Pandemic Spike
— Consumption, Factory Output Downgraded While Exports on Track By Max Sato (MaceNews) – Japan’s government Thursday provided a more cautious view of the recent pickup in the domestic economy, saying its pace is slowing in the face of global supply chain disruptions and a surge in coronavirus cases, according to its monthly report released […]
Japan PM Suga Not Seeking Re-Election Amid Public Rage Over Covid Surge
By Max Sato (MaceNews) – Japanese Prime Minister Yoshihide Suga is dropping out of the ruling party leadership race this month, effectively stepping down at the end of his short term, amid public furor over his government’s failure to contain the pandemic. Suga told an extraordinary executive meeting at the Liberal Democratic Party Friday that […]
Report: Japan PM Suga Plans To Dissolve Diet in Mid-Sept, Delay Party Poll
By Max Sato (MaceNews) – Faced with voter discontent with government failure to contain the pandemic, Prime Minister Yoshihide Suga plans to call a snap election for the lower house of parliament in mid-September, delaying the already announced process to pick the ruling party chief, the Mainichi Shimbun newspaper reported late Tuesday. Suga is expected […]