Tag: PM
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Kishida’s Mission: Reviving Japan’s Economy and Regaining Public Trust Amid Scandal
Potential for Wage Growth and Monetary Policy Change The upcoming spring wage talks between employers and workers are crucial for achieving sustainable wage growth and stable inflation. The outcome of these negotiations could also influence a potential departure from the Bank of Japan’s unconventional monetary stimulus. Last year, blue chip firms in Japan offered a […]
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Egypt’s Sovereign Wealth Fund Sells $800M Stake in Hotels to Boost Economy
Boosting the Economy and Easing Pressure on the Egyptian Pound The stake sales of state assets are expected to accelerate following the recent presidential election. These sales are seen as crucial to Egypt’s efforts in attracting much-needed dollars, easing pressure on the Egyptian pound, and implementing economic reforms as part of an IMF loan program. […]
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Ferrari Partners with Philip Morris to Reduce Carbon Footprint in Thriving Collaboration
Introduction Luxury sportscar manufacturer Ferrari has announced a partnership with tobacco company Philip Morris International (PMI) to explore ways of reducing the carbon footprint of their factories in Italy’s Emilia-Romagna region. As part of its commitment to carbon neutrality by 2030, Ferrari is developing its first fully-electric car, set to debut in late 2025. The […]
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Japanese Prime Minister to Announce Cabinet Shake-up Amid Fundraising Scandal
Fallout from Fundraising Scandal Impels Cabinet Reshuffle Japanese Prime Minister Fumio Kishida is expected to reveal a cabinet shake-up this week in response to a fundraising scandal that has significantly diminished public support for his embattled administration. Kishida has indicated that Chief Cabinet Secretary Hirokazu Matsuno, a prominent figure within the government, is among those […]