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Sunday, January 24, 2021

Japan Plans To Provide COVID-19 Vaccine To All Citizens For Free

Outgoing Japanese PM Shinzo Abe has made many of the same mistakes during the battle against COVID-19 as President Trump: After botching the handling of the "Diamond Princess" by allowing quarantines to be violated and the infection to spread, the Japanese government never followed up with stringent restrictions. Japan's constitution forbids the type of lockdowns…

If The US Was Japan, The Fed’s Balance Sheet Would Be $25 Trillion

If anyone still needs a simple yet infallible thesis to buy gold, here it is from Deutsche Bank's chief credit strategist Jim Reid. Fed Balance Sheet – One-way traffic again Last week the Fed balance sheet dipped below $7tn and is now -3.5% below its peak a month ago. However, this reflects emergency pandemic liquidity…

Three reasons why Japan cancelled installation of American missiles in its territory

Submitted by InfoBrics, authored by Lucas Leiroz, research fellow in international law at the Federal University of Rio de Janeiro… Since 1945, when the United States bombed the cities of Hiroshima and Nagasaki with nuclear weapons, Japan has entered an era of total submission to Washington, demilitarizing and abdicating its own real sovereignty. Tokyo came under…

Japan Exports Worst Since Financial Crisis; Korea Early May Export Data Just As Dire

If any traders, or frankly anyone out there, still cares about fundamental economic data, there was little to celebrate this evening, when Japan reported another round of dismal trade numbers, with Imports plunging 7.2% in April, worse than the -5.0% drop in March but slightly better than expected. However, it was Japan's exports - that…

Putin’s Huge Blunder on Coronavirus

Eric Zuesse Russia’s President, Vladimir Putin, is finally following the libertarian instead of the socialist path forward in the coronavirus-19 crisis, placing himself into the category of America’s libertarian President Donald Trump, instead of into the category of the countries that have been successfully dealing with the crisis, such as Taiwan, China, South Korea, Japan,…

Kim Jong Un Rumored To Be Dead Or Near Death After Heart Surgery: Reports

April 25, 2020 3:08 PM ET North Korean dictator Kim Jong Un may be dead or near death, according to several reports that circulated Saturday. N. Korea Dictator Kim Jong-un Reportedly Dead After Botched Heart Surgery https://t.co/k4za2feVQc — TMZ (@TMZ) April 25, 2020 Lot’s of conflicting reports about Kim Jong Un’s state.@nypost and @TMZ are…

Navy on Chinese Carrier Deployment: ‘U.S. Pacific Fleet Remains Operationally Ready’

The United States Navy’s 7th Fleet said it is “fully aware” and remains “operationally ready” in response to a recent Chinese deployment of a carrier strike group to waters around U.S. allies Japan and Taiwan. “We are fully aware of the PLA deployment, and the U.S. Pacific Fleet remains operationally ready,” said Navy Lt. Jim…

Japan To Spend Billions Relocating Production Out Of China

Japan has allocated $2.2 billion (US) of its $993 billion emergency stimulus package to help manufacturers relocate production out of China amid the COVID-19 pandemic which began in the communist nation. According to SCMP, $2 billion (US) will be set aside for companies shifting production back to Japan, while roughly $223.5 million will be spent…

Bank Of Japan Buys Record Amount Of ETFs, Admits ‘Paper Losses’, Plans Program Expansion

Having blown over two trillion yen since October in purchasing stocks (ETFs) in the open market to "support Japan's economy," markets are rife with speculation the Band of Japan (BoJ) could pledge next week to buy ETFs at a faster pace than the current commitment to do so by roughly 6 trillion yen ($58.12 billion)…

Jared Kushner Divests From Real Estate Investment Company He Started In 2014

February 28, 2020 6:19 PM ET Jared Kushner, Special Advisor and son-in-law to President Donald Trump, has divested his shares in Cadre, the real estate investment company he co-founded in 2014. Kushner transferred his shares, reported by Bloomberg News Friday to be valued between $25 and $50 million, to a blind trust which then sold…

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