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...It did not involve restrictions saying Korean teens couldn’t import J-pop recordings, or Korean Americans couldn’t produce gochujang in the US....
...Moreover, New York faces a swelling fiscal crisis....
...The tail-end of the season’s tech earnings news is likely to continue the gloomy mood....
...JD said it had the US fiscal stimulus to thank for up to £100m of that, after government support encouraged consumers to spend in the first half of last year....
...Andrew J Oswald: Probably. David Page: Probably. The OBR calculates that the chancellor has only around £15bn in headroom to meet his new fiscal rules — a historically small margin....
...Investors will also watch for any updates on J&J’s Covid-19 vaccine booster shots that target the Omicron variant.Microsoft: Microsoft is expected to report fiscal second-quarter adjusted earnings of $2.31...
...Much hangs on how the government reacts in the run-up to its scheduled November fiscal plan announcement....
...Indeed, they look quite unwell.And a J-turn would be pretty scary too. Lurking ahead is the hobgoblin of financial crises....
...sales during lockdown but took a hit from Covid-related charges; tech retailer Dixons said online sales of electrical goods doubled but airport stores hit by the standstill in international travel were...
...Wall Street’s benchmark S&P 500 fell 0.6 per cent while the tech-heavy Nasdaq Composite index was 0.1 per cent lower....
...(FT) The days ahead FDA examines J&J Covid vaccine The US Food and Drug Administration’s vaccine advisory group will meet to discuss Johnson & Johnson’s single-shot jab, which could receive first emergency...
...Companies earnings Tech Payment company PayPal is updating investors for the first time on Monday since it announced its bid to expand into cryptocurrencies....
...And a tech revolution that is only just beginning, but that is already in danger of leaving a good 40 per cent of the population behind....
...Secondly, fiscal and monetary support provided to help manage a transitory cash flow crunch. And thirdly, time....
...Zara’s parent company Inditex generated $31.5bn in revenue and $4bn in net profit in the fiscal year ended in January, while Fast Retailing generated $20.7bn in sales and $1.4bn in net profit in the fiscal...
...Put simply, the haves are largely back to where they were before the outbreak, while, despite unprecedented fiscal and monetary policy action, the have-nots have even less....
...The EU is split over the merits of a mutualised asset to share fiscal costs from the pandemic....
...Between fiscal and monetary policy, there is more space on the fiscal front given generally manageable public debt/fiscal deficits....
...The JRFU itself has run a deficit for seven of the past 12 fiscal years....
...Mercari’s experience is not one that can be used as a template for other wannabe tech start-ups....
...tech supremacy’ (December 6), misses a crucial issue....
...As for the effect of the US-China trade war on the Chinese economy, out of multiple options, many economists chose blows to exporters and the high-tech industries....
...The director of the Institute for Fiscal Studies notes that Mr Hammond is under political pressure to end austerity and loosen spending. But will he?...
...The dot plot ultimately implies a significantly more hawkish Fed, which expects to double rates from where they are now, and which expects to have to work to douse down the effects of the fiscal stimulus...
...In January, the People’s Liberation Army announced that the J-20 fourth-generation stealth fighter had been armed and officially commissioned into China’s air force....
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