Banking experts discuss how BOJ Governor Ueda plans to navigate out of negative rates
In taking over the BOJ last April, Ueda was mandated to dismantle the radical stimulus of his predecessor, Haruhiko Kuroda. Kuroda’s “bazooka” approach initially helped boost stock prices. But it crushed bank margins and caused unwelcome yen declines that lawmakers feared could hurt voters through rising living costs.
Living a lie: Ex-US State Department official details how state, media and Big Tech unite to suppress dissent
According to Benz, the US Department of Homeland Security (DHS) has played a key role in coordinating censorship efforts, pressuring tech companies to adopt stricter content moderation policies and suppress information that questions official narratives. He emphasised the urgent need for public awareness and resistance to these anti-democratic practices.
‘Truth is Treason in an Empire of Lies’: American doctors call for vigilance as SCOTUS hears Covid censorship case
“If we win, it will solidify every American’s right to free speech,” said Laura Bono, CHD executive vice president, “[And] not just ours. These cases will shape the future of free speech in America and the world.”
Bank of Japan ends negative rates, bids farewells to the era of radical policy
In a widely expected decision, the Bank of Japan ditched a policy put in place since 2016 that applied a 0.1per cent charge on some excess reserves financial institutions parked with the central bank.
China’s military and state media rap US following explosive report on SpaceX spy satellite plans
Wang Yanan, chief editor of Aerospace Knowledge, a magazine overseen by the ruling Communist Party, was quoted in an interview as saying the SpaceX satellite project posed “a challenge to global security and stability”.
Pharmacist says Covid vaccine trials were biased and Pfizer, Moderna efficacies were exaggerated
In winter-spring 2021, when vaccine uptake was robust but limited to the elderly, vaccinated people were as a group much older than the unvaccinated and were experiencing just half the younger generation’s infection rate. This would tend to make the vaccines appear more effective at preventing infection than they were.
African Development Bank chief Adesina criticises opaque loans tied to Africa’s natural resources
Akiwumi Adesina said loans secured with natural resources pose a challenge for development banks like his and the International Monetary Fund, which promote sustainable debt management. Countries may struggle to get or repay loans from these institutions because they have to use the income from their natural resources — typically crucial to their economies — to pay off resource-tied debts, he said.
Biden’s $7.3 trillion budget is campaign pitch for spending, tax goals but may not draw in votes
Biden’s budget for the 2025 fiscal year, which starts this October, includes raising the corporate income tax rate to 28 per cent from 21 per cent, forcing those with wealth of $100 million to pay at least 25 per cent of their income in taxes, and letting the government negotiate to bring more drug costs down.
Money talks: Media mogul Rupert Murdoch to marry at 93, days after he was engaged to another woman for two weeks
Previously, he was married to Patricia Booker, an Australian, with whom he had Prudence, and then to Scottish-born journalist Anna Torv, with whom he had Lachlan, James and Elisabeth. These four Murdoch children have the same stake in the family trust and an equal say in what happens to the trust’s voting stock upon Murdoch’s death. He later married Chinese-born Wendi Deng, whom he divorced in 2013 after having two daughters, Grace and Chloe.
Heat is on: Kenyan women among others whose plight is to be addressed in food supply chain
Women are less able to adapt to heat than men, explains Kathy Baughman McLeod, chief executive of Climate Resilience. In Pakistan, hot and crowded homes cause sleepless nights for all, but cultural norms require women to stay indoors, while men can seek cooler conditions outside.
