Tag - inflation-3

 
 

INFLATION 3

Japan Times
BUSINESS / Economy
Sep 19, 2022
Frugal is the new cool for young Chinese as economy falters
Penny pinching by China's youth is a problem for China's economic policymakers, who have long relied on increased consumption to bolster growth.
Japan Times
BUSINESS / Markets
Sep 16, 2022
Japan’s contradictory stance leaves yen at risk of further slide
This week, as the finance minister was warning he would step into markets to shore up the yen if needed, the BOJ was boosting bond purchases to keep yields low.
Japan Times
BUSINESS / Economy
Sep 16, 2022
Global recession looms amid broadest rate hikes in five decades, World Bank says
Policymakers around the world are rolling back monetary and fiscal support at a degree of synchronization not seen in half a century.
Japan Times
WORLD / Politics / ANALYSIS
Sep 14, 2022
Despite U.S. inflation, Democratic voters remain energized for midterms, poll shows
The data points to a potentially close contest in November's elections.
Japan Times
BUSINESS / Economy
Sep 14, 2022
Inflation surprise puts onus on Fed to hit brakes even harder
What started as a pandemic-driven supply shock has morphed into widespread inflation rooted just as much in resilient demand.
Japan Times
WORLD / Society
Sep 13, 2022
Inflation is upending politics in the most unequal region on Earth
From Mexico to Brazil, persistently high inflation is widening the gap between rich and poor, stoking political upheaval that could be a foretaste of what lies ahead the world over.
Japan Times
WORLD
Sep 13, 2022
From policy to pageantry: Prime Minister Liz Truss’ dizzying first week
Truss took over a British government facing an economic emergency. But those problems have been eclipsed by the queen's death, an epochal event that has put politics on hold.
Japan Times
BUSINESS / Economy
Sep 13, 2022
Japan's August wholesale inflation hits 9% as price rises broaden
While recent falls in crude oil and global commodity costs took some pressure off fuel and scrap metals prices, prices rose for a broad range of items that more directly affect retailers.
Japan Times
BUSINESS
Sep 9, 2022
Japan unveils inflation-relief steps, including cash handouts for low-income households
Prime Minister Fumio Kishida also instructed officials to draw up a more comprehensive economic package next month, as economists expect slower growth for the world's third-largest economy.
Japan Times
BUSINESS / Economy
Sep 9, 2022
Jumbo Fed rate hike is in play as Jerome Powell sticks to hawkish view
Fed officials hope to engineer a rare soft landing where growth moderates and inflation falls with a low cost to employment.
Japan Times
BUSINESS
Sep 7, 2022
Japan eyes ¥50,000 handouts for each low-income household to fight inflation
The government is considering tapping reserve funds in the state budget for the current fiscal year from April for the distribution program, which will likely cost around u00a5900 billion.
Japan Times
BUSINESS / Economy
Sep 6, 2022
BOJ should look at exit steps while holding policy, former official says
'This isn't the time for a drastic rate hike, so there is a limit on what the BOJ can do now,” Yuri Okina has said.
Japan Times
BUSINESS
Sep 4, 2022
As prices continue to rise, Japan’s frugal households get even thriftier
Against a backdrop of a weaker yen and soaring raw material and crude oil costs, over 20,000 products have seen or will see prices raised by an average of 14% this year, research shows.
Japan Times
BUSINESS
Sep 4, 2022
Japanese government to hold meeting Friday to craft further steps against price hikes
With Prime Minister Fumio Kishida scrambling to reverse a downtrend in his Cabinet's approval ratings, his administration is expected to announce policies to tackle inflation.
Japan Times
WORLD
Sep 2, 2022
Britain's incoming Prime Minister faces an '80s playlist: Recession, unrest and runaway prices
If Truss beats former finance minister Rishi Sunak in an election to lead the ruling Conservative Party and becomes prime minister, she will face similar strife to 1980s Britain.
Japan Times
COMMENTARY / World
Aug 31, 2022
Forgiving student debt is a bad idea — just ask Indian farmers
Evidence from elsewhere in the world is clear: Canceling out debt incentivizes bad choices among borrowers and political leaders.
Japan Times
BUSINESS / Economy
Aug 29, 2022
‘Inflation fever’ is finally breaking, but central banks won’t stop hiking rates
The major global central banks, which failed to see the pandemic price shock coming, are set to press ahead with interest-rate increases even as headline inflation tops out.
Japan Times
BUSINESS / Tech
Aug 26, 2022
Sony hikes prices for PS5 in Japan and other markets but spares U.S. consumers
Sony's games business has been squeezed by supply chain snarls feeding into hardware shortages, but the firm now aims to boost production of the consoles for the year-end shopping season.
Japan Times
WORLD / ANALYSIS
Aug 26, 2022
With protests planned over energy poverty, Europe faces winter of discontent
A worsening cost-of-living crisis across Europe has already seen workers in France, Spain and Belgium go out on strike, pushing for higher wages to help them cope with rocketing inflation.
Japan Times
BUSINESS / Economy
Aug 25, 2022
Bank of Japan chief would hold easing policy even if inflation hits 3%, survey shows
Most analysts said that a further acceleration to 3%, the highest since 1991 excluding tax-hike years, wouldn't increase the likelihood of policy change before Kuroda's term ends in April.

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals