"... borrowing will be much bigger next financial year than thought..."
So they will spend the money from now and then borrow that same money later on. Does that make any sense? Answer: nope.
Raising individual taxes amid depressed private demand and low inflation makes absolutely no sense at all, unless you actually want to tank the economy.
1 ( +2 / -1 )
That is not true. Canada has the Seasonal Agricultural Worker Program and the Temporary Foreign Workers Program....
No, what I said is true. LEGAL workers enter through those programs, not ILLEGAL ones, as in the US. Their conditions are regulated and better supervised, so for example, 24 dont get crammed in a single vehicle, unbeknownst to the authorities until many die horribly.
Japan has a large pool of illegal labor such as Vietnamese, Indonesians and South Americans, particularly from Brazil.
There are some, but not "large" as in 10 to 20 million as in the US. Japan sent most of the Brazilians home when they weren't needed and will be sending home many of the Vietnamese with expired visas when Covid ends. Suggesting the situation here is comparable to in the US is absurd.
0 ( +0 / -0 )
The American economy would collapse without them.
It's a myth that a wealthy country needs a huge army of exploited foreign and illegal workers in order to survive. Canada, Japan, and a host of other don't, and their economies are in many ways stronger, including the farming sector.
Amerca's current situation ensures its super wealthy will get even wealthier, while working-class living standards remain close to developing world levels.
3 ( +6 / -3 )
Germany is also against giving a vaccinated minority privileges denied everyone else...
So what? In rural parts of the US and many other countries, only a minority of population has conventional passports. During AIDs, many countries required an AIDS test certificate to get a visa. This is ridiculous logic.
-3 ( +0 / -3 )
We adults can by and large take care of ourselves.
The private sector can't take care of itself during a pandemic like we have now. Govt spending and support are needed in such times to avoid massive bankruptcies and eventually a meltdown of the economy.
Just like 2008, the Great Depression, the 90s bubble and so on.
-1 ( +1 / -2 )
Posted in: Local governments and medical associations should create a role-sharing system between hospitals in the region, with private hospitals supporting public hospitals that take care of coronavirus patients on the front line. See in context
The "structural issue" is private ownership. Just nationalize more hospitals, maybe around half, and problem solved.
-1 ( +0 / -1 )
isn't RIGGING the norm in these industries??
yeah, and that basically is what the defense lawyers argued.
1 ( +1 / -0 )
"reality is harsh and faraway from painted picture folks..."
Japan is actually faring relatively well economically during the pandemic, according to quite a few analysts around the world. Global investors love Japan these days.
-3 ( +3 / -6 )
then why is Japan waiting for the US to print more.
Huh? Japan has had the OECD's most aggressive fiscal and monetary stimulus programs for the past 20 years.
Japan step up and flood the world with yen...
The world wouldn't have much use for yen. It would need to be converted into local currency to buy or invest in anything, and that conversion process would bring all the yen back to home to Japan.
0 ( +0 / -0 )
Why is it Japan’s responsibility to wade into a local conflict that is half a continent away?
Japan's economic stake in Myanmar through its investment is larger than all other countries combined. That's why.
0 ( +0 / -0 )
How long will the west stand by and watch this happen?
The west? The US announced sanctions a week ago, targeting junta members's financial interests. Japan, by contrast, has announced nothing apart from recommending "discussions" between the 2 sides.
The Japanese are the biggest investors in Myanmar by far, bigger than all others combined, and will not do anything that risks their huge financial stake in the country...like sanctions.
6 ( +7 / -1 )
Posted in: As an increasing number of people use motorcycles to avoid the three Cs -- closed spaces, crowded places and close-contact settings -- amid the coronavirus pandemic, the initiative is also aimed at creating an inviting environment for motorcyclists. See in context
Private cars are also good when carrying family members. How about an incentive for them as well to ease the crowding on trains and buses, which has nearly returned to its crushing level of the pre-Covid era.
0 ( +1 / -1 )
Long term interest rates go higher because investors think there will be more inflation ahead due to an economic boom in the US triggered by massive stimulus plus a solid recovery from covid. That reduces the risk premium of stocks, so the investors get out of stocks. It seems like a short term trend, as the economic recovery will eventually lead to higher earnings for companies, and then watch stocks rise again. The lesson: buy now, when prices are at bargain level.
2 ( +4 / -2 )
Japan only cares about its corporations' massive investment in the country, which is more than any other country's combined.
1 ( +2 / -1 )
Foreign tourists? It is heartening to know that international travel will be back on track in Japan by this summer. I'm dying to get away to a tropical beach in Thailand.
1 ( +3 / -2 )
An American, he has been charged with financial misconduct in failing to fully disclose Ghosn's future compensation.
I'm no tax accounting expert, but such future compensation was non-existent at that point in time. So it's illegal to conceal something that doesn't exist? That's a very onerous obligation, it seems to me.
4 ( +4 / -0 )
defeat covid first, and then worry about "gender equality."
26 ( +29 / -3 )
I checked Toyota's PR and it stated, “using traditional Japanese wood joinery." So some of this project reflects a certain amount of nationalistic pride, rather than being just about science, technology and efficiency. There's a reason modern joinery superseded the old types - because it's better. It's called evolution.
And nary a mention made of the buildings' thermal performance, which should be a priority, given the tendency of homes here to leak energy like sieves, becoming freezing inside in winter, boiling hot in summer and gobbling up unnecessary amounts of energy.
Other Japanese "smart cities" have been criticized for little more than commercial showcases for selling electricity-consuming Japanese gadgets. This appears little different.
6 ( +11 / -5 )
Why isn't the company named or at least the companies that put in bids. Some info on the tender would be good too, as this story almost indicates an opaque selection process.
28 ( +29 / -1 )
They didn't come to Japan illegally (information garnered from the article)
Not come, but staying illegality -- "she came to Japan in March last year on a temporary visitor's visa."
Vietnam is one of the poorest nations on earth and is the cheapest.
No it isn't.
Worldbank: "Vietnam’s development over the past 30 years has been remarkable. Economic and political reforms under Đổi Mới, launched in 1986, have spurred rapid economic growth, transforming what was then one of the world’s poorest nations into a lower middle-income country."
1 ( +2 / -1 )
Poor people, they were just trying to get by.
They come from the world's fastest growing economy, (which has also done the world's best job at fighting the coronavirus), with a jobless rate of around 2%. They came to Japan illegally because they wanted to make more money than they could at home.
0 ( +7 / -7 )
What a Kafkaesque hell.
Which can happen when you illegally enter a country (as a tourist but for the sole purpose of working). People who do that need to realize that what they are doing is not only illegal but highly risky.
-4 ( +8 / -12 )
Kono also cast doubt on the idea of using COVID-19 vaccine certification for official purposes, including using it as a kind of vaccine passport to permit international travel, saying to do so would discriminate against those who cannot be inoculated... because of allergy.
Oh, for crying out loud. What an insane idea. Let's have a medical expert, and not a politician, in charge of this program.
14 ( +15 / -1 )
The courts can be manipulated.
That's not an issue. The Child Sexual Abuse Clinic of Yale–New Haven Hospital determined that Allen did NOT molest Dylan, after a month-long investigation.
If Allen can "manipulate" that kind of process, - not once but twice - then he has more power than anyone on Earth.
0 ( +0 / -0 )
The film strongly implies that he might have successfully derailed the two official investigations....
If you make that kind of allegation, you need proof and evidence. "Implying" and "might" aint gonna cut it. Or it shouldn't cut it. Sadly, today we live in a time when people's feelings supersede evidence and proof, as seen with Trump's "stop and steal campaign," the Yewtree probe's attempt to destroy the reputations of innocent men and other purges.
Prove it with evidence or shut up.
-3 ( +2 / -5 )
Household income is really strong, with the median figure seeing a big increase, so an incentive travel scheme isn't really needed.
-5 ( +2 / -7 )
I dont get it. The official PM's residence is a huge modern glass clad structure built in 2002, not a 1929 structure.
I see it often on NHK news.
Sell both properties if they aren't being used. Use the proceeds to fund more recreational and greenery projects in the capital. And let the PMs live in their own little apartments.
11 ( +17 / -6 )
killing two people aboard including a member of the Japanese Air Self-Defense Force...
How about writing instead, "killing a member of the Japanese Air Self-Defense Force and his American instructor.
Nah, why bother.
-5 ( +9 / -14 )
Posted in: Do you think film awards like the Oscars, Golden Globes, Emmys and so on will eventually go "gender neutral" and replace Best Actor and Best Actress awards, for example, with Best Lead and Best Supporting Lead, or something like that?