thejapantimes, to business
@thejapantimes@mastodon.social avatar

A U.S. review to determine a possible upgrade of Vietnam's status to a market economy put into focus the Southeast Asian nation's deepening economic ties to China. https://www.japantimes.co.jp/business/2024/05/09/economy/vietnam-china-ties-us-economy-upgrade/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

As the world moves toward an increasingly bipolar order, the divide between U.S.-led and China-aligned blocs is taking a toll on the global economy as trade and investment flows are redirected along geopolitical lines in ways not seen since the Cold War. https://www.japantimes.co.jp/business/2024/05/09/economy/imf-investment-bloc-divisions/ #business #economy #imf #globaleconomy #investments #china #us

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s foreign currency reserves dropped by $14 billion in April, a fall that appears to reflect a decline in the value of foreign securities holdings rather than intervention in the market. https://www.japantimes.co.jp/business/2024/05/09/economy/japan-foreign-reserve/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s latest wage figures show that pay gains have now lagged inflation every month for two years, even as a measure of the deeper trend — exclude bonuses and overtime pay — points to steady growth. https://www.japantimes.co.jp/business/2024/05/09/economy/japan-march-real-wages-down/

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar

Conor Murphy steps down on medical grounds

#economy

https://www.bbc.co.uk/news/uk-northern-ireland-68978854

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar
br00t4c, to geopolitics
@br00t4c@mastodon.social avatar
constrict0r, to geopolitics
@constrict0r@functional.cafe avatar

Budget cut

Nonilex, to microsoft
@Nonilex@masto.ai avatar

touts new center on site of ’s deal

Biden will champion a new Microsoft Intelligence investment in on Wedn — showcasing the failed commitments of his political rival Trump, whose promises for a -rich Foxconn plant in the battleground state never materialized.


https://www.washingtonpost.com/business/2024/05/08/biden-foxconn-white-house-trump/

Nonilex,
@Nonilex@masto.ai avatar

will appear in , at the site of the ill-fated manufacturing campus, to announce Microsoft’s $3.3B investment in an data center…. The investment is expected to create 2k permanent & 2.3k temp jobs, & will also invest in programs in the state.

Nonilex,
@Nonilex@masto.ai avatar

Wielding a golden shovel, touted the flat-panel display factory as evidence of a broad revival stirred by his 2017 TaxCut which rewarded the [ & ] & on imported steel. “You know, 18 months ago this was a field, & now it’s one of the most advanced places of any kind you’ll see anywhere in the world. It’s incredible,” Trump crowed.

bxllouise, to geopolitics
@bxllouise@ieji.de avatar

The global #economy is "a system that is absolutely based on the exploitation of people and #nature. And unless we change that fundamental system, then we’re just re-shuffling deck chairs on the #Titanic.”
#climateemergency #GrowthKills #planetaryboundaries #climatecrisis
https://www.theguardian.com/world/article/2024/may/07/un-expert-human-rights-climate-crisis-economy

thejapantimes, to business
@thejapantimes@mastodon.social avatar

The generation that flocked to China's cities at the end of the last century, building the infrastructure and manning the factories that made the country the world's biggest exporter, now risks a sharp late-life drop in living standards. https://www.japantimes.co.jp/business/2024/05/08/economy/aging-china-afford-to-retire/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all in this tightening cycle. https://www.japantimes.co.jp/business/2024/05/08/economy/rents-global-inflation-battle/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Bank of Japan Gov. Kazuo Ueda says he has told Prime Minister Fumio Kishida that he is carefully watching the impact of the weak yen on prices. https://www.japantimes.co.jp/business/2024/05/08/economy/boj-ueda-monitoring-impact-of-weak-yen/

DemDifference, to geopolitics
@DemDifference@mastodon.social avatar

Donald Trump falsifying business records during an election to cover up his porn-star payoff reminds us ...

... that the American economy has added over 15 million jobs under Joe Biden, and unemployment has been below 4% for the longest stretch in 50 years.

#Economy #USPol #USPolitics

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar
thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s labor shortage remains a serious issue with half of companies surveyed reporting that they did not have enough employees, and over 300 of them going out of business in fiscal 2023 due to the problem. https://www.japantimes.co.jp/business/2024/05/06/economy/labor-crunch-continues-in-japan/ #business #economy #jobs #tourism #tech

makkhorn, to MandelaEffect
@makkhorn@c.im avatar

THX, JOE!
FTC Challenging JUNK PATENTS
by Big Pharma

PASS THE NEWS ON.
#thanksJoe

#Your Job is to TALK IT UP ‼️

#big Pharma #pricefixing #monopoly #legal #junkPatents
#asthmaInhalers #news #drugs #economy

On April 30, Fed Trade Commission (FTC) challenged more than 300 junk patent drug listings: diabetes, asthma, (COPD) and Ozempic.

Bogus patent listings prevent generic drugs to come to market, keeping prices high.

In Nov. the FTC successfully challenged junk patents on asthma inhalers, reducing their price to $35.
https://substack.com/app-link/post?publication_id=20533&post_id=144352111&utm_source=post-email-title&utm_campaign=email-post-title&isFreemail=true&r=eo2d1&token=eyJ1c2VyX2lkIjoyNDYzNzQyOSwicG9zdF9pZCI6MTQ0MzUyMTExLCJpYXQiOjE3MTQ5NzI1MzQsImV4cCI6MTcxNzU2NDUzNCwiaXNzIjoicHViLTIwNTMzIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.wOwg1ZuWwh0gy36k-pKBLtKiKjvXitBLeIkz8BYem8g

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar

9,300 Canadian CN and CPKC railroad workers authorize strike action as soon as May 22

#canadian #economy

https://www.wsws.org/en/articles/2024/05/06/gmdn-m06.html

History_of_Geology, to geopolitics German
@History_of_Geology@mstdn.social avatar

May 5, 1818, birthday of German philosopher Karl . His thoughts on & may be well known, but Marx was actually also interested in & copied some geological drawings for personal use - like the basalt cliffs of Staffa, Scotland ⚒️☭

image/jpeg
image/jpeg

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar

Provincial governments facing higher debts and more financial pressure

#debts #economy

https://www.cbc.ca/news/canada/calgary/bakx-provincial-budget-bmo-debt-1.7193234?cmp=rss

sousse, to news French

Crise de liquidité en Libye : recours à la planche à #billets

La #Banque centrale de Libye entend résoudre la crise de liquidité en imprimant 5 milliards de dinars en billets de dix dinars et en les injectant dans l'économie au cours du mois de mai, dans le but de lutter contre la #congestion des banques et de fournir les #liquidités nécessaires aux dépenses publiques et aux travailleurs. ' les salaires '

Arabic www-alaraby-co-uk.translate.go…

French www-alaraby-co-uk.translate.go…

English www-alaraby-co-uk.translate.go…

#Libya #Lybie #news #economy #economy

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar

Don't like this economy? OK, just wait for Trump and the GOP to ruin it

#economy

https://www.salon.com/2024/05/04/dont-like-this-economy-wait-for-the-to-blow-it-up/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Former U.S. Treasury Secretary Lawrence Summers said that currency interventions are ineffective at shifting exchange rates, even at the large magnitude that Japan has been thought to have deployed recently. https://www.japantimes.co.jp/business/2024/05/04/economy/currency-intervention-ineffective/ #business #economy #us #yen #lawrencesummers #boj #japaneseeconomy

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