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Kishida unveils the outlines of a new economic plan as support for his government wanes.
On Monday, Japanese Prime Minister Fumio Kishida unveiled the essence of his new economic package, which concentrates on wage increases and measures to mitigate the effects of rising prices. Despite the recent cabinet reshuffle that took place less than two weeks ago, support for his cabinet has ...
Attempts to combat inflation and a depreciating currency in Japan may require a $30 trillion stimulus package
Towards that end, a top legislator from the ruling party has suggested that Japan set its sights on roughly 30 trillion yen for the new economic package that will be drafted later this month.
After meeting with Prime Minister Fumio Kishida, Liberal Democratic Party policy head Koichi Ha...
In a $6 billion investment package, the UAE will build a red sea port in Sudan
The package, according to Abdellatif, includes a free trade zone, a significant agricultural project, and an impending $300 million deposit to Sudan's central bank—the first such deposit since a military takeover in October.
Following the coup, Western donors cut off billions ...
Experts claim that your food contains thousands of unregulated chemicals
What if we told you that many of your favourite packaged foods, such as cupcakes, chips, cookies, frozen pizza, pies, candy bars, and so on, include chemicals created in a lab to make them look and taste better while also extending their shelf life? Is that something you could live with? Maybe.
Australia will deliver firearms to Ukraine as part of a larger military aid package
Australia is ratcheting up its support for Ukraine's government, saying it will pay the delivery of weapons to assist it to combat Russian soldiers entering the nation, only days after stating it would only offer "non-lethal" military equipment.
On Sunday morning, Prime Mi...
AT $61K PER UNIT BTC CONTINUES TO RALLY HIGHER
Highlights:
• BTC continues to receive institutional support
• The Federal government’s covid stimulus package also b...
THE US HOUSE PASSES $1.9 TRILLION COVID RELIEF PLAN PROPOSED BY PRESIDENT BIDEN
Highlights
• This relief package is intended to fund vaccinations, local governments, and several million families that went off track because of the COVID-19 pandemic
• This approval came four days after the COVID-19 death toll went past 500,000 in the United States...
FMCG COMPANIES CONTINUE TO BENEFIT FROM ONLINE SALES
HIGHLIGHTS
- FMCG companies are getting benefits due to online sales.
- A report by Unicommerce said that sales on e-commerce grew 36% in volume terms compared to FEB 2020.
- In DEC 2019 quarter, 30% growth was witnessed.
- In DEC 2020 q...
$1.9 TRILLION STIMULUS PACKAGE’S FINAL BILL BEING DRAFTED
Highlights:
• Biden’s stimulus package will be the first delivery of his promises
• The bill has to be passed as soon...
AMAZON BOUND TO PAY $62 MILLION TO SETTLE CHARGES FOR NOT PASSING ON TIPS TO DRIVERS
Highlights
• The people delivering those packages were independent workers and not Amazon employees
• Instead of paying them, Amazon hid all the customer tips from drivers and repeatedly tried to mislead them
• Amazon continued taking tips till 2019 bu...
LT FOODS GETS 30% STAKE IN NETHERLANDS-BASED LEEV
HIGHLIGHTS
- Now India-based LT Foods owns 30% stakes in Netherlands-based Leev.
- Through this transaction allows LT Foods' subsidiary can acquire further 21% stake in Leev.nu at the end of five years.
Famous for selling packaged ri...
TOURISM MINISTRY TO SORT THE POST JOBKEEPER SITUATION FOR TRAVEL INDUSTRY WORKERS
HIGHLIGHTS
- The Morrison government is thinking about contribution focused on monetary help to the travel industry since global travel is probably going to stay limited for as long as a year, the minister of travel has told
Dan Tehan, trade and ...
TOKYO STOCKS END HIGHER ON TUESDAY OVER THE U.S COVID-19 STIMULUS PACKAGE
Highlights –
- Tokyo stocks end higher on Tuesday over the U.S COVID-19 stimulus package.
- The 225-issue Nikkei Stock Average ended up at 391.25 points.
- Topix index of all First Section issues on the TSE ended at 10.35 points.
TOKYO STOCKS RISE ON TUESDAY MORNING OVER U.S COVID-19 AID PACKAGE
Highlights –
- Tokyo stocks rise on Tuesday morning over U.S COVID-19 aid package.
- The 225-issues Nikkei Stock Average gained 361.64 points.
- Topix index of all First Section issues on the TSE was up 11.13 points.
- Stock issues...
U.S. PRESIDENT-ELECT JOE BIDEN ANNOUNCES $1.9 TRILLION STIMULUS PLAN TO REVIVE ECONOMY
Highlights
• This package includes $415 billion that will be used specifically for battling the coronavirus pandemic along with more than $1 trillion in direct aid to individuals and families
• Completing this promise about increasing the amount of stimulus checks, t...
US PRESIDENT-ELECT JOE BIDEN IS PLANNING TO SPEND $1.5 TRILLION TO BOOST ECONOMY
Highlights
• Immediately after the Democrat takes charge of the office on January 20, his administration will work closely with Congress on this stimulus package
• According to the sources, the stimulus package is said to be over $1.5 trillion and includes $1,400 sti...
US CONGRESS ANNOUNCES $2.3 TRILLION SPENDING PACKAGE
Highlights
• The year’s spending bill is inclusive of $740.5 billion in defense spending and $664.5 billion for domestic programs
• This $2.3 trillion spending package includes $1.4 trillion omnibus bill, which is based on a 2019 spending bill
• ...
TOKYO STOCKS END LOWER ON THURSDAY OVER UNCERTAIN U.S ECONOMIC STIMULUS
Highlights –
- Tokyo stocks end lower on Thursday over uncertain U.S economic stimulus.
- The 225-issue Nikkei Stock Average ended at 61.70 points.
- Topix index of all First Section issues on the TSE at 3.21 points.
- Stock i...
TOKYO STOCKS FALL ON THURSDAY OVER LOCKED IN PROFITS; NIKKEI HIGH
Highlights –
- Tokyo stocks fall on Thursday over locked in profits; Nikkei high.
- The 225-issue Nikkei Stock Average was down at 88.97 points.
- Topix index of all First Section issues on the TSE was down at 2.21 points.
- Stock ...
UNITED KINGDOM: GOVERNMENT TO ANNOUNCE RESCUE PACKAGE FOR THE AILING SPORTS
Highlights:
- The government of the United Kingdom is all set to announce the rescue package for the ailing sports
- The rugby union of the United Kingdom has been expected for being the prime beneficiary from the rescue package
The gove...