Search Results for: japan

Japan joins negative interest rate club

Haruhiko Kuroda governor Bank of Japan

In a surprise move, the Bank of Japan has introduced a negative interest rate. The benchmark rate of -0.1% means that commercial banks will be charged by the central bank for some deposits. It is designed to encourage them to use their reserves to lend to businesses in an attempt …

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Two explosions in China, one at US military base in Japan

Aftermath explosion China

To anyone who still doesn’t believe the world’s largest nations are already engaged in a global covert war involving kinetic weapons, currencies and cyber warfare, add this event to your list of things to ponder. Less than one day after another massive explosion destroyed a portion of Shandong, China, another explosion has …

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Japanese bank using multilingual robot to serve customers

Japan bank robot NAO

One of Japan‘s megabanks, Bank of Tokyo-Mitsubishi, showcased a robot bank teller on 13 April at its down-town Tokyo branch in the hope that the multilingual robot will help foreign customers during the Tokyo Olympics in 2020. NAO, the programmable 58cm mini-robot, is equipped with multiple sensors, and responds to …

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Japan: 43% of tax revenue spent to cover interest on debt

Tax debt Japan

It’s entirely possible that we may see interstellar space travel in our lifetime. And what a dream that would be. But in the meantime, for anyone that’s losing patience with space technology, I would recommend you visit Japan. Because for anybody that has been here, this place is as close …

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Japan legalizes cryptocurrency as form of payment

Japan cryptocurrency Bitcoin

New legislation authorizing digital currency as a legal payment method has come into force in Japan. The text of the law was released by Japan’s Financial Services Agency on March, 24. Earlier this week, the Accounting Standards Board of Japan said that it would begin work on the creation of a …

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Japan overtakes China as largest US debt holder

Japan markets

Japan now officially holds more US debt than China, which has been America’s major creditor since 2008. In February Japan held $1.224 trillion in US government bonds compared to China’s $1.223 trillion. Both countries reduced their US debt investment, with China reducing its by $15.4 billion, and Japan by $14.2 …

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China and Japan dump billions of dollars

Dollar being dumped Japan China

Over the past few years the dollar has staged an impressive comeback. Not because there’s anything fundamentally good about this currency’s future prospects, but because for the interim, most of the economies in world aren’t doing so hot. For a lot of investors, it is the lesser of many evils …

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Fukushima reactor No. 4 vulnerable to catastrophic collapse; could unleash 85 times Cesium-137 radiation of Chernobyl; human civilization on the brink

The news you are about to read puts everything else in the category of “insignificant” by comparison. Concerned about the 2012 U.S. presidential election? Worried about GMOs? Fluoride? Vaccines? Secret prisons? None of that even matters if we don’t solve the problem of Fukushima reactor No. 4, which is on the verge …

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Fukushima contractor forced workers to fake radiation readings

Fukushima workers

A company charged with decontaminating the devastated Fukushima Nuclear Power Plant encouraged its workers to falsely lower their radiation dosimeter readings by covering the devices with lead, according to a leaked tape of an internal meeting. Nuclear plant workers are not allowed to be exposed to more than 50 millisieverts …

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Fukushima: Tepco is getting desperate as leaks won’t stop

Fukushima

After a 29-month cover-up, the Tokyo Electric Power Co (Tepco) is now calling for international help and has all but admitted Fukushima’s radiation leaks are spiraling out of control. In addition to the leaking water storage units that are unleashing hundreds of tons of radioactive water each day, Tepco now …

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War on cash: Japan to introduce fingerprint currency

Japan fingerprint currency

The war on cash just got serious, and of course, it is the extreme policy experimenters of Japan that are pushing the boundaries. Having dived headlong into negative interest rates, Japanee policymakers recognize full well the historical reaction of “hording cash” will not ‘create’ the nirvana of 2% inflation and …

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Horse racing in Japan

You might think that horse racing is only popular in the UK or the US so it might surprise you to know that in Japan there are over 21,000 horse races held each year. Started properly in 1862 by a group of British residents on some marsh land just outside …

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The globalists are losing control

Bank of Japan BOJ

The central planners are in a state of fear and panic. They are trying everything and anything to create market validation for their policies, watching with trepidation as their favored economic metrics fail to respond to all of their frenzied efforts. They are so far over the tips of their …

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Japan and China to start direct currency trading on Friday

Japan and China will start direct currency trading this week, Tokyo said Tuesday, the first time Beijing has let a major unit other than the dollar swap with the yuan. The move, which will scrap the greenback as an intermediary unit, comes as China introduces measures as part of a …

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Fukushima nuclear disaster was ‘man-made’ says damning new report

The operator of the power plant, Japanese government and regulators are all criticised in report by parliamentary panel ‘They effectively betrayed the nation’s right to be safe from nuclear accidents’ says report The findings call for further investigation into the impact of the 9.0 magnitude earthquake on the reactors at Fukushima …

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Record radiation found in fish near Fukushima nuclear plant

radiation fish fukushima japan

A record quantity of radioactive cesium – 7,400 times the country’s limit deemed safe for human consumption – has been detected in a greenling fish in the waters near the crippled Fukushima plant, two years after the nuclear disaster. Tokyo Electric Power Co (TEPCO), which runs the Fukushima Daiichi Nuclear …

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China becomes world’s second largest stock market, overtaking Japan

China stock market

The capitalization of the Chinese stock market increased 33 percent in 2014 reaching $4.48 trillion, which makes the market second only to the US. Japan’s stock market declined 3.2 percent to $4.46 trillion in 2013, according to Bloomberg analysts. The Chinese market surge came hot on the heels of allowing …

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Australia, Japan gold reserves drop in November

Gold reserves

Australia and Japan witnessed marginal declines in gold reserves during November. Japan’s gold reserves dropped to gold reserves were at $42.46 billion in November while Australia’s gold reserves decreased to A$4.248 billion from A$4.253 billion. Total foreign reserves of both the nation also declined. Japanese official reserve assets totaled $1.2708 …

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