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Prime Minister Shinzo Abe ordered a new round of fiscal stimulus spending after a crushing election victory over the weekend as evidence mounted the corporate sector is floundering due to weak demand.
Abe did not give details on the size of the package, but Japanese stocks jumped nearly 4 percent and the yen weakened over perceptions a landslide victory in upper house elections now gives him a free hand to draft economic policy
Japan's ruling coalition rang up a stronger-than-expected victory in Upper House elections, as voters chose stability despite concerns about Abe's economic policies and plans to revise the post-war pacifists constitution for the first time.
Prime Minister Shinzo Abe ordered a new round of fiscal stimulus spending after a crushing election victory over the weekend as evidence mounted the corporate sector is floundering due to weak demand.
Abe did not give details on the size of the package, but Japanese stocks jumped nearly 4 percent and the yen weakened over perceptions a landslide victory in upper house elections now gives him a free hand to draft economic policy
Japan's ruling coalition rang up a stronger-than-expected victory in Upper House elections, as voters chose stability despite concerns about Abe's economic policies and plans to revise the post-war pacifists constitution for the first time.
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May favoured the 'Remain' side during last month's referendum campaign. But she repeated her new mantra that "Brexit means Brexit", saying there could be no second referendum and no attempt to rejoin the EU by the back door.
May favoured the 'Remain' side during last month's referendum campaign. But she repeated her new mantra that "Brexit means Brexit", saying there could be no second referendum and no attempt to rejoin the EU by the back door.
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The volume of credit to Swedish households has grown twice as fast as incomes since the mid-1990s. This has resulted in both rising house prices and rising household debt. This column argues that these trends expose Sweden to important economic vulnerabilities. Curbing these vulnerabilities will require prompt action by the authorities
The volume of credit to Swedish households has grown twice as fast as incomes since the mid-1990s. This has resulted in both rising house prices and rising household debt. This column argues that these trends expose Sweden to important economic vulnerabilities. Curbing these vulnerabilities will require prompt action by the authorities
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Japanese Prime Minister Shinzo Abe plans to delay an increase in sales tax by two and a half years, a government official said on Sunday, as the economy sputters and Abe prepares for a national election.
Abe told Finance Minister Taro Aso and the secretary general of his ruling Liberal Democratic Party, Sadakazu Tanigaki, on Saturday of his plan to propose delaying the tax hike for a second time, until October 2019, said the official, who was briefed on the meeting.
The prime minister, who has promised to announce steps on Tuesday to spur economic growth and promote structural reform, is also expected to order an extra budget to fund stimulus measures, just two months into the fiscal year and on the heels of a supplementary budget to pay for recovery from recent earthquakes in southern Japan.
Japanese Prime Minister Shinzo Abe plans to delay an increase in sales tax by two and a half years, a government official said on Sunday, as the economy sputters and Abe prepares for a national election.
Abe told Finance Minister Taro Aso and the secretary general of his ruling Liberal Democratic Party, Sadakazu Tanigaki, on Saturday of his plan to propose delaying the tax hike for a second time, until October 2019, said the official, who was briefed on the meeting.
The prime minister, who has promised to announce steps on Tuesday to spur economic growth and promote structural reform, is also expected to order an extra budget to fund stimulus measures, just two months into the fiscal year and on the heels of a supplementary budget to pay for recovery from recent earthquakes in southern Japan.
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The latest ORB poll finds that the Remain campaign now has a 13-point lead with just one month until the referendum.
It puts Remain on 55 per cent and Leave trailing on 42 per cent, among people who definitely intend to vote.
Pensioners, previously considered the most reliable Leave voters, have also started transferring their support to the Remain campaign, according to today’s poll.
The survey finds that 52 per cent of over-65s now support staying in the EU, with 44 per cent backing Leave.
In March, just 34 per cent of pensioners were backing a vote to Remain in the EU, with an overwhelming 62 per cent saying they supported a Brexit.
The latest ORB poll finds that the Remain campaign now has a 13-point lead with just one month until the referendum.
It puts Remain on 55 per cent and Leave trailing on 42 per cent, among people who definitely intend to vote.
Pensioners, previously considered the most reliable Leave voters, have also started transferring their support to the Remain campaign, according to today’s poll.
The survey finds that 52 per cent of over-65s now support staying in the EU, with 44 per cent backing Leave.
In March, just 34 per cent of pensioners were backing a vote to Remain in the EU, with an overwhelming 62 per cent saying they supported a Brexit.
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The hit to Britain's economy if it votes to leave the European Union would range? "Depending on what hypotheticals you take, it's going to be pretty bad to very, very bad"
The hit to Britain's economy if it votes to leave the European Union would range? "Depending on what hypotheticals you take, it's going to be pretty bad to very, very bad"
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Brazil’s Senate voted to suspend President Dilma Rousseff from office to face an impeachment trial, ushering in a new government to take command of Latin America’s largest economy.
Legislators agreed on Thursday after a marathon session that lasted 21 hours to try the president on allegations she illegally doctored fiscal accounts to mask the size of the budget deficit. The vote was 55 to 22.
Brazil’s Senate voted to suspend President Dilma Rousseff from office to face an impeachment trial, ushering in a new government to take command of Latin America’s largest economy.
Legislators agreed on Thursday after a marathon session that lasted 21 hours to try the president on allegations she illegally doctored fiscal accounts to mask the size of the budget deficit. The vote was 55 to 22.
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