26 Burst results for "LDP"

"ldp" Discussed on WTOP

WTOP

02:03 min | 4 months ago

"ldp" Discussed on WTOP

"Org On Friday morning January 21st with this one 38 in the morning I doubled the TOP I figured whether on the 8th in what it breaks good morning to return and the LDP traffic center Good morning dean right now traveling into the district pretty quiet ride so far new major issues to report on the freeway in either direction between the Potomac and anacostia river bridge crossings but suit them Parkway in south capitol street incident and delay free no big concern so far New York avenue S of late leaving the anaconda toward the third street tower in both I two 95 and D.C. two 95 were also in good shape Some utility were going on first in southeast betting road remains closed each way near H street as a result of emergency water main repairs Similar situation on tenth street in southeast between independence avenue North Carolina avenue again traffic being redirected each way there as a result Nicholson street northeast closed between Riggs road and 6th street due to utility work as his church street northwest which is one way westbound between 17th and 18th streets again the road closed there due to emergency water main repairs Unfortunately still no change down in Charles county and Waldorf St. Charles Parkway remains closed between saint mark's drive and Maryland a business 5 leonardtown road That has a result of the crash under investigation crash which occurred last night and 8 o'clock hour Again no word yet on any change there occurring anytime soon we will keep you posted however and over in Chevrolet two O two landover road the ramp to go east on U.S. 50 there were still cleaning up the single vehicle crash and again waiting on a sand truck to get that rampage get the ramp treated so the slippery conditions will no longer be an issue for now you squeeze by on the left shoulder exiting from two O two to go east on U.S. 50 John Hanson highway rich hundred WT traffic We've got some cold air continuing to make its way in across our region and as we make our way through our Friday probably some of the coldest year we've seen in the last couple of years highs only in the mid to upper 20s wind chills in the single digits to teens during the day It'll be a cold one for sure Same deal on Saturday and other cold day starting.

anacostia river bridge LDP Waldorf St. Charles Parkway D.C. Charles county saint mark North Carolina New York Maryland U.S. John Hanson
"ldp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:37 min | 7 months ago

"ldp" Discussed on Bloomberg Radio New York

"This morning China's power crunch and COVID restrictions bite into growth though today's private factory PMI shows a slight expansion in October Saudi Aramco is the world's most profitable company once again after a third quarter surge in oil prices The energy giants market cap is back above $2 trillion And Elon Musk challenges a claim from a UN official that just small percentage of his wealth could have helped solve world hunger Let's check back in on how the markets are faring in Asia And about rulers has all the details from Hong Kong I had a bell Thank you Seth Well we're seeing a bit of a moderately risk on afternoon session Being let high by the Nick I in Japan after we had female kushida's LDP secure and outright election victories that wasn't expected by some polling but certainly does send a signal of stability to investors over on career that Cosby also hired by half a percent We didn't have some very strong exports data out earlier rising 24% on the year in October that should be noted that we are seeing some cooling momentum in the manufacturing sector And speaking of manufacturing that is certainly also the focus this morning for China with the PMI figures out We did have the private reading looking a little bit more positive though the official gauge still in contractionary territory for a second straight month A couple of factors for that rising prices for materials energy and these COVID related disruptions that we're seeing yousef Thank you very much for that The annabelle I'm about to rule her student Let's get back to this part of the world talk about Saudi Aramco's earnings They surged in the third quarter as higher oil output and prices pushed profit above $30 billion It allowed it to cover its quarterly dividend of $18.7 billion with free cash flow The numbers mean that Aramco is once again the world's most profitable company Let's get more analysis with our Middle East energy commodities team leader Paul Wallace So Paul some of the key takeaways that sort of the team is found around it This really was a bumper set of earnings and extremely good a bunch of numbers for Aramco as you mentioned a net income of above $30 billion That's actually the highest on record I say highest on record We only have quarterly numbers going back to 2018 because of course it hasn't been public the company hasn't been public for that long It benefited obviously from high oil prices but also crucially higher oil production production was about a million barrels a day higher in the third quarter compared to the second quarter because Saudi Arabia was easing some of its OPEC plus output cuts So overall the numbers were very good For investors all eyes now have on the dividend as good as the numbers were around close dividend yield is actually getting lower And it's now below 4% So obviously it has the $75 billion annual dividend which is massive and the world's largest but if you look at the companies yield it's not actually all that attractive Is that going to be the determining factor do you think for justifying and re rating Because I look at how the analysts are currently positioned on our armpit one by 14 holes in two cells last 12 months return about 17% Are they likely to maybe raise the dividend Is that something that there's a track record of Is that what you hear and can make a difference There are certainly thinking about it Aramco has said previously that they will prioritize CAPEX and reducing debt before they look at additional dividends But if they if their numbers in their earnings carry on being this good and in the fourth quarter they should be even better since oil prices and production so far are higher than they were in the third quarter Then yeah they will have to look at raising that dividend especially if they want to attract more foreign investors It's one thing to get a local Saudi investors buying the stock But if Aramco wants many more foreign investors to come in then it is going to have to look at raising that dividend and make it make the soccer tract of compared to the likes of BP and Shell all of which and Chevron all of which have higher dividend yields A lot of the momentum that these oil giants oil production giants have been able to generate comes from the higher oil price But that's causing problems for the United States and the U.S. president is weighing in on this He wants them to inject more barrels Let's take a quick listen and what he had to say on this The idea that Russia and Saudi Arabia and other major producers are not going to pump more oil so people can have gasoline to get to and from work for example.

Saudi Aramco Aramco kushida Elon Musk Paul Wallace China LDP Cosby yousef Seth PMI UN Hong Kong Nick
"ldp" Discussed on WBUR

WBUR

03:06 min | 7 months ago

"ldp" Discussed on WBUR

"Industrial levels But they didn't spell out what that would actually involve Even Antonio Guterres the United Nations secretary general struggled to sound optimistic he left Rome for Glasgow he said with his hopes unfulfilled but not buried The Algerian president Abdul majid taboo has ordered the state energy company to stop exporting gas through a pipeline that crosses neighboring Morocco because of a dispute between the two countries The pipeline supplies more than half of Spain's gas as well as much of Morocco's Australia has allowed the resumption of international air travel without the need for quarantine for the first time in more than 18 months Australia imposed some of the world's toughest COVID travel restrictions last year from Sydney his shimmer Khalil In a very emotional day here at Sydney airport at one of the arrival gates and we're just looking at families now arriving This is one of the flights People are just making their way back Some people have said that after waiting for such a long time it doesn't seem to feel real People have arrived here to embrace this to cheers And of course tearful reunions fully vaccinated Australians and Australian residents have now been able to come home from overseas quarantine free for the first time in nearly two years You're listening to the world news from the BBC Ethiopia's prime minister Abby Ahmed has urged his supporters to use any weapons they have to stop an advance by tigrayan rebel forces He issued the appeal on Facebook after the rebels said they'd made further territorial gains in the amhara region taking them closer to the Ethiopian capital Addis Ababa Japan's main stock index the nicaea rose by more than 2% in early trading on Monday After the governing liberal Democratic Party held on to power in a general election The pole was considered a test for the new prime minister fumio kushida who won the LDP leadership contest in September The party lost some seats but performed better than predicted The LDP has held power almost continuously for more than 6 decades 9 firefighters training inside a cave in Brazil have died after the roof collapsed They were part of a larger group of almost 30 taking part in the exercise in São Paulo state The remote cave isn't accessible to vehicles or heavy machinery The publishers of the Oxford English dictionary in Britain have chosen the word vax as their 2021 word of the year The lexicographers pick an annual expression which they consider reflects current preoccupations more details from Elizabeth Needham Bennett The word vaccine is first recorded in English in 1799 Words related to it have spiked in frequency this year with a surge in the use of vax as well as double axed unvexed and anti vaxxer Oxford languages and Collins each decide their own word of the year Last year Collins chose.

Antonio Guterres Abdul majid taboo Morocco Abby Ahmed Australia amhara Sydney airport Khalil governing liberal Democratic P United Nations Glasgow LDP Rome fumio kushida Spain Sydney Ethiopia Ababa Addis
"ldp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:46 min | 7 months ago

"ldp" Discussed on Bloomberg Radio New York

"LDP and prime minister hanging on to power it baxters got details It yeah better than the polls leading up huh Japanese prime minister fumio Keisha has confirmed his month old government with LDP avoiding the worst case scenarios of those polls Bloomberg's Stephen engel here It held on to the single party outright majority with 261 seats They had two 76 before the lower house was dissolved ahead of this election So they did lose about 15 seats Comey Ito though picked up three Net net they lost together about 12 seats Steve says the election on the last leaves it with its slimmest majority since Shinzo Abe in 2012 U.S. White House spokeswoman Jen Psaki says she's tested positive for COVID says hasn't had close contact with the president since Tuesday Australia has further loosened its tight border controls with fully vaccinated tourists arriving from New Zealand permitting them to fly there without a quarantine Shanghai Disneyland and Disney town have temporarily suspended visitor entries to cooperate with the coronavirus investigation We're told that it was one visitor testing positive Bloomberg's John Lew I think the signal there is the government is committed to the zero COVID policy that anytime there is any one or two or just a few infections they're going to take relatively great measures to make sure it does not expand beyond that small group And so far you know for all the damage and stunt economically the country has kept COVID relatively under control There has not been a death since early this year Shanghai has now come out saying that almost 34,000 Disneyland visitors and staff have tested negative World leaders attention now goes full time to climate change Glasgow after finishing up the G 20 in Rome but climate change was on the agenda and U.S. president Joe Biden publicly called out China and Russia for not even attending I think you're going to see we've made significant progress and more has to be done But it's going to require us to continue to focus on what China is not doing what Russia's not doing and what Saudi Arabia is not doing Biden has also chaired the agreement on a 15% minimum corporate tax that supply issues were addressed But port congestion by slashing red tape and reducing processing times so the ships can get in about of our ports faster And Biden says COVID still another major challenge and the president of Biden says Iran was addressed and hopeful that the diplomacy can work there In his opening remarks UK prime minister this is in Glasgow UK prime minister Boris Johnson's rallying cry says countries need to act immediately he says it's one minute to midnight And the UK's Boris Johnson and Francis Emmanuel Macron are heading for a full frontal confrontation on the next 48 hours The French are setting additional controls on goods moving across its border with UK and block fishing boats from unloading their catch may well Macron as well basically calling Australia's prime minister Scott Morrison a liar saying that he lied to him about the submarine pact with the U.S. and the UK asked if he thought Morrison lied He said I don't think he lied I know he did In San Francisco I'm at Baxter This is Bloomberg Brian All right thanks very much Said two very quick notes Wuhan yeah Ye being shares down as much as 9.1% after amiss in its third quarter earnings and BYD shares in Hong Kong extending a decline of 4.2% after a share of placement It is time now for global sports.

COVID LDP fumio Keisha Stephen engel Comey Ito Jen Psaki Shanghai Disneyland Bloomberg John Lew Shinzo Abe Biden U.S. Glasgow White House Russia UK Boris Johnson Australia Steve
"ldp" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:48 min | 7 months ago

"ldp" Discussed on WNYC 93.9 FM

"Are due to open in Japan in the next few hours in Sunday's elections The ruling liberal Democratic Party is expected to lose seats but not lose power despite a widespread view that it fumbled the response to COVID and went ahead with the Tokyo Summer Olympics in the face of huge public opposition In fact the LDP has failed to retain power in only two elections since 1955 Rupert wingfield Hayes reports I'm standing on a bridge over a beautiful crystal clear stream flowing down a valley This little town I'm standing in is called okama It has a population of around 5000 people This place is voted consistently over the last few decades For the candidate from the liberal Democratic Party The LDP has ruled over Japan for all but 6 of the last 65 years And the parties remarkable success is in many ways down to places like this Walk down the street here and mostly what you see is older people And older people vote I met this couple in their 70s on their way to cast an early ballot I'm voting for the LDP the husband says it will be a huge mess if we let the opposition in They don't have the experience the LDP has I agree with my husband his wife says He needs to recognize So what about the opposition On a Tokyo street corner a candidate from the Communist Party is making a speech trying to drum up support There are at least 9 opposition parties in Japan It's one reason they do so badly So.

LDP liberal Democratic Party COVID Rupert wingfield Hayes okama Japan Summer Olympics Tokyo Communist Party
"ldp" Discussed on Monocle 24: The Briefing

Monocle 24: The Briefing

02:19 min | 7 months ago

"ldp" Discussed on Monocle 24: The Briefing

"But the most recent Kyoto poll that I've seen indicates that it will retain enough seats to be able to control the standing committees of the lower house. And push through its legislative program. He'll do that of el do that in coalition, of course, with the smaller cornet or party. They've been in coalition with the comito for many years. Both parties have powerful voting machines and will get the electoral vote out on Sunday. Of course, behind this lies quite a lot of disaffection from ordinary Japanese voters from party politics generally. Recently, prime ministers have won elections in Japan on relatively small votes, prime minister Abe, who has sustained in power for a nearly decade on very small turnouts in relative terms. So I would suspect that the LDP will still be in power next week with a slightly reduced majority and on the basis of a lowish vote. Can you tell us more about how the Japanese public feels about? This election? What are the factors contributing to the lack of excitement? Well, after a period of considerable political stability under Shinzo Abe, Japanese politics has reverted to the revolving door of Japanese prime ministers successor yoshida Suga lasted only 12 months in the job before he had to stand down. His successor for me or kishida, who is an experienced and reliable centrist politician, comes into office with only a modest bounce of post election popularity. He is popularity raising was a little lower than sugars 12 months ago. So he's entering the election on a mandate which to a degree turns its back on an economics and seeks to emphasize inequality and I suppose as we would say in Britain leveling up in Japanese terms, coupled with a strong defense stance towards China. But his personality is not tremendously strong. His centrist views,.

prime minister Abe yoshida Suga LDP kishida Shinzo Abe Japan Britain China
"ldp" Discussed on Monocle 24: The Globalist

Monocle 24: The Globalist

01:47 min | 7 months ago

"ldp" Discussed on Monocle 24: The Globalist

"To respond to North Korea. I wonder how united the opposition are in Japan. As we know, I mean, the election in just two weeks. Well, I mean, we've talked about this before, but I mean, they are really a fractured mess quite frankly. It sort of extraordinary that for all the criticism of the LDP, the opposition's really made no inroads. And what's happened with this election, which really came as a bit of a surprise is the biggest opposition party constitutional Democratic Party. And the Japan Communist Party, Japanese Communist Party. They've agreed not to field candidates against each other in a number of single seat constituencies, which means they won't divide the opposition vote. And they're hoping that that will really cut into the LDP vote. Remains to be seen whether that happens. But it's a certainly a fresh departure. It actually quite a positive sign. And I think people feel this election is more interesting than many we've had in the past. And what are the predicted results then of the election? Well, you know, it's an interesting one isn't it? Because it sounds like the LDP is really under fire. I think most people think the LDP will still come out running the country. The numbers may be down. It's already a coalition government. They have a junior coalition party comedo. At the moment, that coalition has 305 of the 465 lower house seats. And fumio kishida is already saying he'll be okay if they get 233. So he's really lowered the bar. And it looks like, you know, they may lose some of these single seat constituencies because of this unified opposition. But I think most people feel it would take a massive turnaround for the LDP and comedo to lose its ruling coalition position. Thank you very much, indeed. That was Fiona Wilson our bureau.

Japanese Communist Party LDP North Korea Democratic Party Japan fumio kishida Fiona Wilson
Fumio Kishida wins Japan leadership race, setting him up to become prime minister

The Economist: The Intelligence

02:17 min | 8 months ago

Fumio Kishida wins Japan leadership race, setting him up to become prime minister

"Japan's ruling liberal democratic party or ldp held its leadership runoff election. The last round was between two former foreign ministers. Kishida fumio and kotaro. Mr kushida came out on top. The ldp has dominated japanese politics since its founding in the nineteen fifties. So the party's new. President will be the country's new prime minister when tsuyoshi he steps down toy so in his victory speech. Mr kishida said that from today. I will with all of my energy. Get straight to work. How and where he will channel that energy though is still something of an open question as is how much. The electorate will support him. This year's election for the presidency was more unpredictable than most heading into the vote. Today there was some some genuine uncertainty about who would emerge the victor noah. Sneider is the economists. Tokyo bureau chief but this kind of free for all uncertain circus like for the mvp at least election campaign. I think really master distracted from deeper and more worrying trend in japanese politics namely growing voter apathy and disillusionment from the political process and given that apathy. How do you think it is that. Mr kishida came out on top. The dynamics of this election were a bit complicated. But let's unpack them. Konno tato former foreign and defense minister was the favourite in public and the favourite amongst younger diet members in the ldp who saw him as potentially more transformative figure who also crucially might help them keep their jobs in elections that are looming in later. This fall masan however is unpopular amongst. The party's old guard and and they see him sort of unreliable uncontrollable. He has a reputation for being a bit of a maverick so he won. The the vote of the rank and file in the first round of the party's election but he didn't win enough support amongst his colleagues to win the election outright so it went into a second round run-off there to she support from within the party really proved decisive. It is i think a result that reflects the enduring strength of the ldp's establishment and is in some ways the kind of rebuke of public

LDP Mr Kishida Kishida Fumio Kotaro Mr Kushida Tsuyoshi Liberal Democratic Party Victor Noah Sneider Konno Tato Japan Tokyo
Race to Succeed Japan PM Suga Heats up

Monocle 24: The Globalist

02:04 min | 8 months ago

Race to Succeed Japan PM Suga Heats up

"Is now a wink. Since japan's prime minister yoshihiko super said he is to stand down as leader of the ruling. Ldp the race to succeed him is already in full swing. Well let's get the latest now for monaco's tokyo bureau chief in asia editor funeral wilson Good to have you with us. Thanks for joining us. Fear with good very good afternoon. Good morning to you. And now has the announcement of sucres departure really sunk in among the japanese yet. I mean it was. It was quick. It wasn't necessarily great surprise but it was a bit of a shock. Actually it was surprised he actually resigned. Honestly that was a shock because on thursday he was saying he was going to stand for re election as leader. If the ldp of course everyone knew this election was going to happen at the end of the month. Trenchant temper no surprise there but it looked like he was gonna run. He was getting all his Pieces in place softening up the right people look like he had and then suddenly on friday. He said no. I'm resigning and it seems that he was really hope by the The big the heavyweights in the party. It was time to go so it was a surprise. It has sankei. And i think there's been a lot of dissection in the media and the candidates are now emerging so who are the front runners in all this well. It looks at the moment. I mean lots of names have been mentioned obviously and anyone who follows japanese politics and you have to follow it closely to know who lost these people are but it looks like it's going to be a three way race basically. You've go tara conner. Who's the front runner. He's the man in charge of vaccines at the moment administrative reform. He's the one most people think he certainly has popular support. He's he's a bit of a loose cannon in some ways. He's very good at disrupting. He's not always good building consensus. I think he's the front runner. You have to mir kishida former foreign minister and sunai takeuchi. Who's the wildcard. I would say former intern faz. Minister earned would be japan's first female prime minister and she is being back rather curiously. I have to say patients up. Who's obviously still very influential. But in every other sense i would say she's an outlier.

Yoshihiko Super Wilson Good Monaco Tokyo Japan Asia Tara Conner Mir Kishida Sunai Takeuchi
"ldp" Discussed on TIME's Top Stories

TIME's Top Stories

02:15 min | 9 months ago

"ldp" Discussed on TIME's Top Stories

"Japan's prime minister you shahida suge is resigning. Here's what that means by amy guna. You'll shahida suge is bowing out. As prime minister of japan amid increasing anger over his government's handling of covert nineteen in the wake of the tokyo olympics. He announced friday that he will not seek reelection as leader of the liberal democrat party or ldp at the end of september suge age. Seventy two became prime minister just one year ago after long-serving prime minister shinzo ave stepped down over health concerns. He said during a party meeting friday that he wanted to focus on the corona virus pandemic instead of continuing on as the head of the ldp with a general election upcoming in the fall. Sagoes resignation paves the way for a new leader of the world's third largest economy. Here's what the know about subas resignation and what it means for japan. Why is suge stepping aside after just a year in office. Soukous popularity has plummeted over his handling of the corona virus. Pandemic japan is currently battling its largest wave of the virus since the pandemic began subas insincere and ambiguous comments and actions on containing the pandemic every single day have may japanese citizens very frustrated says yoshikazu cotto a research fellow at the racquet insecurities economic research institute in tokyo. The public nowadays basically does not trust the government at all suka hoped the olympics would help boost his popularity but despite a record medal count for japan has ratings sank even lower. The number of covert nineteen cases has surged to all-time highs in recent weeks in japan due to the more contagious delta variant. The japanese public angry after subas decision to hold the international event in the midst of a pandemic as increasingly ignored government pleas to stay at home support for the prime minister was below thirty percent in both july and august according to polls by local media suge has long been under pressure due to criticism of his corona virus response and a host of other issues says christie davila the deputy director of the asia program at the german marshall fund of the united states.

ldp japan fumio kishida Gavrila kingston konno Sunny taika ichi insecurities economic research shinjiro koizumi legislature sheba tomi junichiro koizumi asia Suge Cotto cabinet gabella subas
Suga Bows out of Party Vote

TIME's Top Stories

02:15 min | 9 months ago

Suga Bows out of Party Vote

"Japan's prime minister you shahida suge is resigning. Here's what that means by amy guna. You'll shahida suge is bowing out. As prime minister of japan amid increasing anger over his government's handling of covert nineteen in the wake of the tokyo olympics. He announced friday that he will not seek reelection as leader of the liberal democrat party or ldp at the end of september suge age. Seventy two became prime minister just one year ago after long-serving prime minister shinzo ave stepped down over health concerns. He said during a party meeting friday that he wanted to focus on the corona virus pandemic instead of continuing on as the head of the ldp with a general election upcoming in the fall. Sagoes resignation paves the way for a new leader of the world's third largest economy. Here's what the know about subas resignation and what it means for japan. Why is suge stepping aside after just a year in office. Soukous popularity has plummeted over his handling of the corona virus. Pandemic japan is currently battling its largest wave of the virus since the pandemic began subas insincere and ambiguous comments and actions on containing the pandemic every single day have may japanese citizens very frustrated says yoshikazu cotto a research fellow at the racquet insecurities economic research institute in tokyo. The public nowadays basically does not trust the government at all suka hoped the olympics would help boost his popularity but despite a record medal count for japan has ratings sank even lower. The number of covert nineteen cases has surged to all-time highs in recent weeks in japan due to the more contagious delta variant. The japanese public angry after subas decision to hold the international event in the midst of a pandemic as increasingly ignored government pleas to stay at home support for the prime minister was below thirty percent in both july and august according to polls by local media suge has long been under pressure due to criticism of his corona virus response and a host of other issues says christie davila the deputy director of the asia program at the german marshall fund of the united states.

Shahida Suge Subas Amy Guna LDP Japan Shinzo Ave Liberal Democrat Party Tokyo Olympics Yoshikazu Cotto Racquet Insecurities Economic Suka Christie Davila German Marshall Fund Asia United States
"ldp" Discussed on KCRW

KCRW

02:39 min | 1 year ago

"ldp" Discussed on KCRW

"Maurice remarks absolutely inappropriate. At a Japanese Olympic committee meeting last week, Mori answered a question about increasing the number of female board members on the committee. He replied that women's speaking time needs to be limited. Otherwise, meetings would never finish. On the streets of Tokyo's to Machi neighborhood. There seems to be little sympathy from Maury and his views. Gene you what's all the hoo Injun? I cannot be with us. I think he should resign, says I. T worker Jihad machine Ozaki. Now the reputation of the games is going down, and I think his resignation is one of the options if we're going to hold the games with everybody feeling Happy morning served for a year is prime minister about two decades ago and has a reputation for gaffes. But I'm really persuaded it's not gas. Chelsea shooter is a historian. It Oyama Gakuin University in Tokyo. This is the actual Procedures, and these are the actual conversations that are happening particularly happening, she adds. Within the Liberal Democratic Party, or LDP, which is ruled Japan for most of the past seven decades, the AL GPS track record on gender politics is really bad. And the LDP didn't even start thinking about how it was going to incorporate and promote more women within its ranks until opposition parties began to do so. A recent Kyodo News poll found that 60% of respondents think Morrie is unfit to be head of the Tokyo Olympic Organizing Committee. Hundreds of volunteers have quit in protest in some Olympic torch relay runners have to Two heavyweights in the fields of sports and politics. Mori is the go to guy. He's the former head of the Japan Sport Association and an influential figure in the LDP is most powerful faction. If you're not actually part of the government, you know that all you have to do is make one phone call the morgue, and he's gonna know exactly you to talk to in order to get something done. David Lee Haney is a political scientist at Waseda University in Tokyo. He says. Mori has clout in the back rooms where the LDP discusses policy and makes deals. It's an old boys club. It's a club in which women generally aren't speaking or which women aren't playing leadership roles, And if they are, they're actually often criticized for being too ambitious or being too loud. So if anything, the very thing that makes him valuable is the very thing that makes him likely to say something like this that causes such public problems. The Kyodo News agency reports that Japan's Olympic Committee will hold a special executive meeting as early as this week. To discuss the controversy surrounding Maury's remarks. Japan's Olympic minister says the meeting will discuss whether more he should resign or not. Anthony Kuhn..

Mori LDP Tokyo Olympic Organizing Commi Japanese Olympic committee Tokyo Japan Maury Kyodo News David Lee Haney Maurice Japan Sport Association prime minister Oyama Gakuin University Liberal Democratic Party Anthony Kuhn Chelsea Waseda University Morrie Machi
"ldp" Discussed on KQED Radio

KQED Radio

02:43 min | 1 year ago

"ldp" Discussed on KQED Radio

"Olympic Committee posted a new statement calling Maurice remarks absolutely inappropriate. At a Japanese Olympic committee meeting last week, Mori answered a question about increasing the number of female board members on the committee. He replied that women's speaking time needs to be limited. Otherwise, meetings would never finish on the streets of Tokyo's to Machi neighborhood. It seems to be little sympathy from Morey and his views. You started the whole Injun. I cannot be with us. I think he should resign, says I. T worker Jihad Ocean Ozaki. Now the reputation of the games is going down, and I think his resignation is one of the options if we're going to hold the games with everybody feeling happy More he served for a year is prime minister about two decades ago and has a reputation for gaffes. But I'm really persuaded it's not gas. Chelsea Heater is a historian. It Oyama Gakuin University in Tokyo. This is the actual Procedures, and these are the actual conversations that are happening particularly happening, she adds. Within the Liberal Democratic Party, or LDP, which is ruled Japan for most of the past seven decades, the AL GPS track record on gender politics is really bad. And the LDP didn't even start thinking about how it was going to incorporate and promote more women within its ranks until opposition parties began to do so. A recent Kyodo News poll found that 60% of respondents think Morrie is unfit to be head of the Tokyo Olympic Organizing Committee. Hundreds of volunteers have quit in protest in some Olympic torch relay runners have to But two heavyweights in the fields of sports and politics Mori is the go to guy. He's the former head of the Japan Sport Association and an influential figure in the LDP is most powerful faction. If you're not actually part of the government, you know that all you have to do is make one phone call the morgue, and he's gonna know exactly you to talk to in order to get something done. David Lee Haney is a political scientist at Waseda University in Tokyo. He says. Mori has clout in the back rooms where the LDP discusses policy and makes deals. It's an old boys club. It's a club in which women generally aren't speaking or which women aren't playing leadership roles, And if they are, they're actually often criticized for being too ambitious for being too loud. So if anything, the very thing that makes him valuable is the very thing that makes him likely to say something like this that causes such public problems. The Kyodo News agency reports that Japan's Olympic Committee will hold a special executive meeting as early as this week. To discuss the controversy surrounding Maury's remarks. Japan's Olympic minister says the meeting will discuss whether more he should resign or not. Anthony Kuhn. NPR NEWS Seoul.

Tokyo Olympic Organizing Commi Mori LDP Japanese Olympic committee Tokyo Japan Chelsea Heater David Lee Haney Kyodo News Japan Sport Association prime minister Oyama Gakuin University Liberal Democratic Party Maurice Morey Anthony Kuhn NPR Maury Seoul
Myanmar's Suu Kyi detained again, without her old support

Pod Save the World

04:27 min | 1 year ago

Myanmar's Suu Kyi detained again, without her old support

"Very sad news out of me on mars. Some people call it. Burma long story there. Were it's going to go with myanmar for the purposes of this show but over the weekend the military staged a coup They surrounded myanmar's parliament building and arrested top civilian leaders like onto chee. The commander in chief of burma's military is now defacto in charge. The military has declared a year long state of emergency for those who don't know on succi is a political leader a nobel peace prize winner who spent decades under house arrest because of the military. She's revered and also controversial. Figure so ben we can start this story in a lot of places what you like. Twenty seven two thousand fifteen nineteen sixty two nineteen forty eight but i think for now maybe we just go back to november of last year. That was when aung san suu cheese national league for democracy party trounced the military's proxy party the union solidarity and development party in these parliamentary elections. I think her party won. Like seventy or eighty percent of the vote in this threatened the military's control of the country which they had a lot of because of how your mars constitution is set up in so the military quickly declared that this election was fraudulent. There was a lot of chatter and concern and speculation about a potential coup. It's sort of increased ever since november when that election occurred I should know that election observers international observers don't believe there was fraud but this coup finally occurred over the weekend on the day that the parliament was supposed to convenient for its first session and not coincidentally Also means that mars top general ghosts from this lame duck figure who is gonna retire in june to a defacto dictator. So ben what. What else do you think people need to know about what happened and like despite you know all these concerns into predictions that had been building over time we surprised that the military ultimately went through in just seized power in a very classic old school military coup this weekend. Well i think first and foremost it's a tragedy for the people of myanmar. I think what people need to understand. Is that the competition between aung. San suu kyi in the military has never been resolved and it goes back. Many decades in the military's been in charge for most of the en marche history as an independent country on. She went back to the country and won a landslide democratic election. One thousand nine hundred and the milton validated and through in prison and put under house arrest is essentially and it wasn't until two thousand eleven that she was able to re enter politics and there was this moment in two thousand fifteen when her party. The ldp won a landslide election. But that didn't mean that she had the power she became what's called the state councillor because the constitution expressly prohibited her from becoming president. There was a provision in the constitution written into the constitution. That said if you had foreign born children you could not become president and was ridden with her in mind. The military under the constitution prescribed itself a twenty five percent bloc in the parliament which was enough to prevent them from allowing the constitution to be amended. So you can see what was going on here. The military was trying to wrest power right and and keep its economic interest by the way too because they're corrupt the enrich themselves all their power. All their money could be a risk if onkelinx and the nfl could reform the constitution and so since she won that election in two thousand fifteen her five-year term the five-year. Parliamentary term was very tense because she wanted to reform the constitution. The military obviously didn't want her to do that. You have but we talked about a lot. The ethnic cleansing of the hindu got a lot of attention where she seemed to not want to challenge the military in part. Because she didn't want what just happened to happen you know. She thought that she might be able to co op. Some of the military to make a deal with them to show them perhaps said she was in his threatening as they might have thought but this question was unresolved and she had a very negative relationship. But just a rivalry with this commander in chief. Minhang lung The two of them did not like each other did not get along. I met when i met with her. But when i was still government. She would complain about him that he he wanted to do something like this. She spoke about fears of a coup. So this has been lurking in the backdrop despite kind of the partial democratic opening. It's taken place in the

Myanmar Succi San Suu Cheese National League Union Solidarity And Developme San Suu BEN Parliament Onkelinx LDP Milton NFL
Yoshihide Suga confirmed as Japan prime minister

BBC World Service

01:01 min | 1 year ago

Yoshihide Suga confirmed as Japan prime minister

"House of Parliament has appointed you Shahid, a saga is the country's new prime minister. He takes over from Shinzo are they after easily securing the governing Liberal Democratic Party leadership on Monday, Mr Sieger, the former Cabinet secretary, is known as a tough fixer rather than a charismatic leader. From Tokyo. He's our correspondent Rupert Wingfield Hayes. So when he gets back from the palace, he will hold a press conference as the new prime minister, and he will announce his new Cabinet that hasn't formally being done yet. But there's been loads of speculation in the media already about It's makeup. Mr Seeger claims that he is goingto have a cabinet that will really work for the Japanese people. But what we've seen already, if this cabinet turns out to be true that it is a careful balance. Representing all of the major factions in the LDP, who supported the vote for him to become prime minister. And that's already leading to speculation here that Mr Sieger is really going to be controlled by the faction leaders in the LDP who got together in a back room to make him the new prime minister.

Prime Minister Rupert Wingfield Hayes Mr Sieger Cabinet Mr Seeger Shahid LDP Liberal Democratic Party Parliament Secretary Tokyo Shinzo
Yoshihide Suga elected as Japan's new prime minister succeeding Shinzo Abe

BBC World Service

00:52 sec | 1 year ago

Yoshihide Suga elected as Japan's new prime minister succeeding Shinzo Abe

"News Parliament in Japan has appointed Yoshihide Asuka as the new prime minister. The former Cabinet secretary who takes over from the long serving Shinzo Abe faces an economic slump the ongoing pandemic on increasing rivalry with China. From Tokyo, his Rupert Winfield Hayes as he faced reporters for the last time as prime minister. Mr Abby said he was proud of his achievements and had worked every day to revive Japan's economy and protect Japan's interests. 71 year old Yoshihide Suga. Now has to convince a skeptical public that he is a worthy successor. His election was a backroom deal done between powerful faction leaders inside the ruling LDP. Is to Sergei is known as a tough fixer rather than charismatic leader. He has one year before he must call a general election, but a challenge to his leadership could come well before

Rupert Winfield Hayes Prime Minister Japan Yoshihide Asuka Shinzo Abe Parliament Mr Abby Yoshihide Suga Cabinet Sergei LDP Secretary Tokyo China
"ldp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:38 min | 1 year ago

"ldp" Discussed on Bloomberg Radio New York

"And it's all right, Julia. Thank you. Japan's Prime Minister Shinzo Abe has resigned, declaring the way for his successor, his Cabinet resigning as well. Japanese LDP party leader You should have Soga set to be formally elected prime minister. Parliamentary session is underway in Tokyo. Vietnam resumes international commercial flights to six destinations Israel, United Arab Emirates Bob Brain Signing an agreement to normalize relations. Israeli Prime Minister Benjamin Netanyahu says a positive future for the Middle East The World Health Organization is coming out today urging more pandemic prevention and Bill Gates, who's foundation has been working on funding vaccine says both The CDC and the FDA have lost credibility because of political interference from the White House and says the White House has no credibility on vaccines. Biden's team is developing plans to distribute a vaccine when it is available Partisan bipartisan House Kaka says it has developed a roadmap to Maura Corona virus relief. It uses a sliding scale depending on progress and fighting the virus. And the Hurricane Sally has shifted a bit eastward now should ease the impact on New Orleans but Alabama east to the Florida Panhandle, now in the cross hairs in San Francisco. I'm Ed Baxter. This is Bloomberg. Julia. Thank you so much, Ed. Let's get back to our guest. Andre, the silver HSBC, head of global AM Rates, Research discussing Fed AM and rights and we want to just just touch on Now what we're seeing in the Chinese currency. I was just mentioning that it moved past 6.8 yesterday on the on off shore. First time since May last year, J. P. Morgan, saying, it's the medium term path of least resistance is you Changing any forecast on the wand. You see it as a potential, not reserve currency, but some way that you might want to look at perhaps a bit of a safe haven. Well, it's something had sympathy with the intent of the phrase that the line of least resistance. Indeed, despite all the headline risk between US and China currency continue suits you said broke 6 80 yesterday, But there are some driving factors like heated to practice a little bit further. In terms appreciation. We've seen encouraging data, including earlier this week in terms of even reach out sales is catching up with the Manufacturing base on water, looking towards potential inclusion in terms of key indices and maybe even the week the sad more flows so are forecasting from our effects research group is 6 70. By the end of this year. So yes, we do expect our performance relative to some other agent currencies. Do you think that the economy is still far from performing at its capacity in a way that would maybe allow the PBOC to do something more stimulative between now and the end of the year? Even though they've been playing things very, very cautiously up until this point. Yeah, You're absolutely right. So they're being very much the drip feeding in terms of stimulus. I don't think this is related to too much about expectations of a V shaped recovery. Indeed, even if we goto a rebound and econ activity is going to take some time before you chase the destruction we saw in Cuban off this year 96.8% contraction. What is matter more and particularly, the PBOC is maybe some over leveraging as a consequence of the easing bys of beating the year. Having said that, given what we still see is a tepid recovery. There's still a need for stimulus with the Montri and in particular fiscal, so they haven't stopped in our minds in terms of being accommodative. It's just a question of what telltale signs signs were looking for. You look at the bond market. How you protecting against further escalation in U. S China tensions and as we head into the U. S presidential elections and all the uncertainty that that will bring us well. Well, Actually, it sticks out quite distinctly in terms of elevated deal that will save Look at China Government bond yields at 3%. Plus you compare that to the developed market on particularly those charges. That's very attractive 240 based points plus incense of spread level and already we just discussed about the outlook for the currency, which was very favorable. So China is an increasingly a drool in terms of attractive valuations. The only reason why we've seen traces Hyeon testimonials. Indeed, under point most major bond markets is primarily because that that starts by the TVs not providing too much accommodated turns Marshall policy, but we think we're now close to the cap in all this. And if anything, even if there is Further tensions in particular in terms of what the U. S. And China that actually feed low upon yields shows the consequences. We do think that Chinaman used to stick out as being one must attractive GM strike the market. So do those lower yields unnecessarily invite? Mohr issuance very quickly. And to send a degree. Yes, at the risk free rate. It would yes to send agreed. But again, I think this is a supply across the board with the government or corporate Oh, and just very quickly. Andre. What are some of your other thoughts You're looking at in Am ZZZZ we round out against getting towards the end of the year. Sure, we'll just going back to that that that said a lot of focuses on the balance sheet and expansion exception. But actually, what matters most is the lack of volatility and develop marketing. Tickle US Treasury yields. On. What That means looking for Carrie but will carry adjusted for inflation is not just the only Hallmark T look at. It's also adjusting for risk when you do that. It doesn't say that you should be going into some of the high UV markings like these on South Africa. It's more like the Indonesia's of the world were selected.

China Julia PBOC prime minister US Prime Minister Benjamin Netany White House U. S. And China Shinzo Abe Vietnam Japan Bob Brain Tokyo LDP Israel Ed Baxter Middle East J. P. Morgan China Government Soga
"ldp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:16 min | 1 year ago

"ldp" Discussed on Bloomberg Radio New York

"News in San Francisco, Ed. Yeah, is a matter of fact. The session is underway now, and I expect that to be official. By in about three hours or so or four hours. Japanese LDP party leader Your chute, Asuka eyes said to be formally elected prime minister. As you know, Juliet. He's expected to name his Cabinet and the new ministers are likely to speak to the media before the end of the day and Bloomberg's come Yuri more reports that the latest well the term last until there's a new election, which should be The latest October of next year. Yeah, the general action must be called by October 2021 at the latest. Some senior LDP lawmakers have hinted at one, including the deputy prime minister and Finn mentor. Also, he said in early dissolution of parliament should be considered at the Tokyo Olympic Games are held in 2021. He has been repeatedly stressing that the timing of went to dissolve is extremely Important suit is expected to name his Cabinet. New ministers are likely to speak to the media before the end of the day. Shin Zoabi served eight years new hope for Middle East peace. Israel, United Arab Emirates of Bahrain. Signing an agreement to normalize relations. Israeli Prime Minister Benjamin Netanyahu says ah, very positive future too all of Israel's friends in the Middle East. Those who are with us today. And those who will join us tomorrow. I say a Salama. Peace onto the Showroom ceremony at the White House World Health Organization is coming out today urging more pandemic prevention, especially until there's a vaccine doctor Margaret Harris on Bloomberg says they're Ah lot of candidates working important, understand we've got a very good chance of having at least one if not more excellent candidates because we've got nine vaccines. Going into what we call phase three trials and we've got another more than 150 at various stages of development. But, she says when dealing with lots of trials, there's a 90% fail rate, so it's too early to tell whether good efficacy and safety has found Bill Gates, who's foundation has been working on funding a vaccine today with Bloomberg's Erik Schatzker says he thinks political pressure has caused the CDC and the FDA credibility will the CDC is largely being written out of the picture? Because you have people at the White House are heated genealogists, you know, saying what a great job they've done, And so it's. It's no longer a Ah, a set of experts. Hey says he hopes follow takes is playing at the lower levels and where the work is really, really being done. Joe Biden's team, by the Way, is announcing it is developing plans to distribute a vaccine to be ready if when he moves into the White House, a bipartisan House caucus 50 members have GOP have Democrats. Are laying out relief bill Roadmap today, representative Tom Reed, you put the needs of the American people first. It was amazing in the conversations that we had over the last 68 weeks. Or our disagreements Shut away. Now. The plan boost 8 to 2 trillion of the pandemic worsens and reduces gets better. It's a sliding scale. Hurricane Sally has shifted a bit eastward should ease the impact on New Orleans, but Alabama's governor Kay Ivey says, get ready there. Hurricane Sally is not to be taken for granted way looking at record flooding, perhaps breaking historic levels. Sally is moving very slowly, which means it Will or could at least dump a lot of water. And Juliette. If you want to keep up with the Kardashians, you'll have to freeze your Facebook and instagram account. Kim says she is because of neglect of regulating hate and misinformation. Oh, she has 188 million Instagram followers just shy of your 1 89. I was about to say just a couple short of mine. Yeah. All right. Let's get to it. I guess now. Lauren Tan morning Sound Director of Asia Equity Research joins us on the line from Singapore. We're looking ahead to the Fed. Lorraine. Don't fight the Fed, as they say. And what we hear from him. I mean, it's been pretty channeled, but I guess I'm asking what you are expecting. We could hear that we may not know And does this continue to support the equity run? Yeah, I think we're just still expecting the Fed to be fairly dovish. We're not seeing interest rates rising anytime. Seeing inflation's not really there, and I think that's been the stated target for the fence. And on top of that, I think there's still a lot of uncertainties in the global economy is not out of the woods. He had a charge suspended and then the good E think given with all these things that are more likely to two. Be more cautious and there's no I think that will we mention continue to export market. When we look at the market still seeing a lot of run up intake. There is a lot of calls, though. Now that this could be a bubble waiting to burst. We're asking whether or not you see the next move higher in the NASDAQ Up by 10% down by 10 per cent, and you still locking tick? I think we have to really selected targets. Tech is because for the most part is, you know collectively looks expensive. You know, and and I think What we're seeing in the marketplace is really yesterday from range trading recently, but we've also seen a widening gap between sectors that are Relatively probably, like tech consumer discretionary, for example, versus you know, energy, some of the industrial names Financials in particular that are largely undervalued. So we're seeing a widening of the discrepancies evaluations there. So talk to some of the areas that you think are undervalued and specific. Perhaps now names that you like. I understand that you're looking at some of the financial companies in Japan and also in China and Hong Kong. Yeah, one of the things that him they say the bank's globally looked pretty cheap at the moment that it would be, you know, for people willing to hold a little bit longer, 12 18 months to get over the hump with The bank's earnings sort of being still very soft. But if you look at it, they're trading at, especially for the Japanese Chinese Chinese banks. It's really treating it their 0.3 to 0.5 Times Book. Just sort of implies that you know you're really lucky. It's only expecting a very little return on equity on these names. And even then, even if you take in the camp that they're going to come down to the state, 5 to 9% return on equity, it still doesn't justify that sort of little price range. So that story that we like other banks and were looking at me. Financial group. We're looking at trying to construction banks to the preferred means, Yes. OK, we'll pick up shortly. Lorraine. I want to get your thoughts to on all the geopolitical, geopolitical moves and also a Singapore with Saint tense and Ali Baba Bip Dance all announced that.

Bloomberg Fed prime minister LDP Middle East Cabinet Israel Lorraine Singapore Hurricane Sally White House instagram Prime Minister Benjamin Netany CDC Juliet San Francisco official Bill Gates Tokyo Asuka eyes
"ldp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:02 min | 1 year ago

"ldp" Discussed on Bloomberg Radio New York

"For Larry Ellison. Somebody I know has been really a terrific guy for a long time. So we're gonna take a look. I heard they're very close to a deal and we'll be looking at the Dick dock deal with Larry Ellison. And now it may be that Tic Tac is trying to use the promise of creating 20,000 new jobs in the U. S. Has a way to win approval, Paul President Trump's controversial nominee for the FITS Board of governors doesn't yet have enough support to win Senate confirmation duty. Shelton has drawn significant criticism for policy views, which are outside the mainstream. The history includes support for the gold standard and being a political loyalist to the president, Senator John Thune, The chambers at Number two GOP leader said the Shelton nomination remains a priority for the White House. Live big news, International economics and policy correspondent Michael McKay says. It's a tough road ahead for Shelton. There's only about half a month to go 15 days or so until the end of September, when Congress is supposed to adjourn for the election. It isn't clear yet. There will be a lame duck session after the election That may depend on whether they pass a bill to continuing resolution to finance the government that only lasts until December or not. But once Congress has adjourned essentially for the year, then the nomination dies and they would have to be resubmitted. Now if President Trump is re elected. That could happen. If he is not then it is very likely that at least Judy Shelton's nomination will go away. Senator Thune said Republican leaders will move forward on Shelton's nomination before the November election if she contain the 51 votes needed well, let's get to global news. The era of Japanese leadership under Prime Minister Shinzo Abe is due to be over shortly after midday at Baxter, covering this story from the Bluebird 9 16 years from in San Francisco. How time flies. Yeah, exactly. And the meeting's due to get underway now. Well at the top of the hour if my math is correct about 55 minutes from now on there, saying that should be concluded with a vote by midday. As you say. Japanese LDP party leader you should have. Soga is set to be formally elected prime minister. He's likely the new ministers are likely to speak to the media before the end of the day. He's to name them and Bloomberg. Hiromi Mori reports the term last until there is an election year. The general action must be called by October 2021 at the latest. Some senior LDP lawmakers have hinted at one, including the deputy prime minister and Finn mentor also He said An early dissolution of parliament should be considered in the Tokyo Olympic Games are held in 2021. He has been repeatedly stressing that the timing of went to dissolve is extremely important. Shinzo served eight years new hope for Middle East peace question Mark Israel, United Arab Emirates Bahrain, signing an agreement to normalize relations. Israeli Prime Minister Benjamin Netanyahu says ah, very positive future. Ooh, all of Israel's friends in the Middle East. Those who are with us today. And those who will join us tomorrow. I say a salami. Peace onto the Showroom and ceremony at the White House World Health Organization coming out today urging Mohr Pandemic prevention, saying We're in a dangerous point, especially until there's a vaccine doctor Margaret Harris on Bloomberg says there are AH lot of candidates working on that important standing. We've got a very good chance of having at least one if not more. Excellent candidate because we've got nine vaccines building into what we call phase three trials and we've got another more than 150 at various stages of development. But, she says, when dealing with a lot of trials, there is a 90% fail rate. So it is too early to tell when good efficacy and safety has found, and Bill Gates, who's foundation has been working on funding a vaccine today with Bloomberg's Erik Schatzker says he thinks political pressure has cost the CDC and the FDA A good bit of credibility of the CDC is largely being written out of the picture. Because you people at the White House are epidemiologists, you know, saying what a great job they've done, And so it's. It's no longer a A set of experts. And he says he hopes politics is not playing at the lower levels where the work is actually being done in San Francisco. I met Baxter, this is Bloomberg. Alright, Eddie? Thank you. We'll check back in about 15 minutes from now for your update here on the Bloomberg Daybreak Asia. Our guest for the half hour is Zach Griffith C is right strategist at Wells Fargo Securities. Thanks for joining US Act. We've got a Fed decision tomorrow or at least an announcement on it may be a good opportunity for Jane Powell to kind of clarify what he laid out at the Jackson Hole Symposium on Adjusting the inflation framework. What do you expect to hear from from Powell tomorrow? Yes, thanks. We aren't expecting too much more by way of additional detail, and I sort of think the Jackson Hole. Virtual Jackson Hole events stole the show from This meeting, and what will really be focused on is what's going on with the summary of economic projections, which go out to 2023 beginning tomorrow and will be focused on What the median dot or 2023 indicates We expect the majority of policy makers will indicate they expect the policy read to remain on hold through the end of 2023. If you go back to Summary of out of projections from June to policy makers had at least one rate Christ in for 2022. We think those probably come out and perhaps you get one or two policymakers expecting Takes in 2023 was given a new framework that was released a couple weeks ago. We think that anything before 2023 is very unlikely at this point. A year, with inflation so far below the 2% targets. It's hard to imagine the dots reflecting much different to what you've just described. So where is this inflation going to come from? Can you see anything on the horizon that suggests that target might be realistic. Yeah, We think it's going to take some time to achieve that 2% target and above that 2% target with a new flexible. Average inflation targeting framework and, as people said this recession, and the shock from the Corona virus has been the largest disinflationary shock. Of his career. And so it's gonna take some time to I'm out of that. And our colleagues and economics do expect inflation to rebound. A fair amount in 2021 2022, but as far as the PC reaching that 2% target in that time frame It remains to be seen and could be a challenge. So it's really gonna come down to what happens with this public health situation if you get a widely First vaccine that allows economies open up. Perhaps you get this big boost and I think when you think about monetary policy going forward, and in a situation where economic activity is able to pick up in the labor market starts to improve the that is going Keep policy much easier for much longer as really worries about achieving and getting above that 2% inflation target. Where is in the past, they would Look too Them off any overshooting inflation, which that dynamic has really shifted with the introduction of this new longer a long run framework and average inflation targeting, But I'm wondering if, at the same time Zack they're a little uneasy about how quickly there's been ah rebound not only in the equity market but in the real estate market is well and whether At the margins. They're a little concerned about. I don't want to describe it is inflation. But let's say rising asset values. Maybe we can talk about that. We continue the conversation with Zach Griff,.

Judy Shelton Bloomberg Prime Minister Shinzo Abe Paul President Trump Senator John Thune prime minister Larry Ellison White House LDP San Francisco Congress Prime Minister Benjamin Netany Middle East Michael McKay International economics Senate Dick dock Tic Tac president CDC
"ldp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:49 min | 1 year ago

"ldp" Discussed on Bloomberg Radio New York

"Suga is expected to be installed as Japan's new prime minister on Wednesday how they won the ruling. LD. Please vote for party leader question now turns to his picks to help run the country. Bring a Bloomberg screw me. Mori joining us from Tokyo with the latest so grew me what happens next? Yes, the new GP Presidents Yoshi. The saga will form a new cabinets, one that works for the people. He says he wants to appoint those who are reform minded and align with his thinking, regardless of faction affiliations. Here's what we know so far. Local media is reporting a single plans to retain Finance Minister Taro Also Foreign Minister Toshimitsu, the LDP secretary general Toshihide Tony Chi and died. Affairs cherish Hitoshi Moriyama, all likely to stay in their posts as a Sign of maintaining stability in the reshuffle were saying reports that single will appoint cuts Nobukado as chief cabinet secretary to succeed him. He's also expected to name still Masato as chairman of the party's general counsel, and how come in Shimoda will take over as policy chief, replacing one of Syria's election rivals, Fumio Kishida. And Kurumi Sukha, widely expected to continue with economics. Jessica has pledged to continue pushing ahead with economic saying We need to make sure everyone in the country can feel reassured and live a stable life. He told lawmakers. He would maintain Jin the obvious key policies and bring reform to areas where needed. That means he's likely to keep largely the monetary and fiscal policies as they are while trying to make his own mark on structural reform, one of the first key economic decisions for him as the new prime minister would be the timing of the switch to simulating a return to growth. Instead of focusing on life support and aid for businesses and households hit by Cove in 19. And creepy. Uh, there's talks of a snap election. We heard from tire, also the finance minister early this morning, saying that an early election must be considered if the Olympics is held in 2021. Power. Those two related Yeah, that's right, well the general elections in general, they have to be called by October 2021. Some senior LDP lawmakers have hinted at a snap election before the L V P election, including Tara also, as you said. He said it may come soon after the new prime minister is named defenseman Tarragona also expecting one, possibly in October sometime next month. We're not sure yet, though, because at the news conference last night suit suggested it would be difficult unless experts view the virus is being fully brought under control. He stress that it's important to rebuild the Japanese economy while at the same time containing the virus. But Tara also saying the early election must be considered if Olympics or held in 2021. Last time in 2008 when they tried to re shuffle the Cabinet they couldn't do so because of the financial economic crisis. LEM Excrement Mori in Tokyo. Now let's do a quick check of the latest business flesh headlines. Sony is said to have cut his estimated PlayStation five production for this fiscal year by four million units, taking that down to around 11 million It's always production issues with its custom designed system on chip for the new console, so bank will raise more than $10 billion from selling about a third of its domestic wireless, um, marking Japan's biggest secondary share sales in a decade. A Japanese firm will sell Self Bancorp's shares and 1204 yen apiece. The landmark sail along with the agreement to sell its chip division, onto and video Helps refill Masayoshi Son war.

LEM Excrement Mori prime minister finance minister Tara Kurumi Sukha Suga LDP Japan Tokyo Olympics Nobukado Bloomberg Fumio Kishida Hitoshi Moriyama Tarragona Jin Sony Self Bancorp
Yoshihide Suga picked by Japan's governing party to succeed Shinzo Abe

Bloomberg Daybreak: Asia

00:41 sec | 1 year ago

Yoshihide Suga picked by Japan's governing party to succeed Shinzo Abe

"Japan's LDP party is going to vote today on a successor to lead the party? Let's get to it. Baxter in San Francisco with all the global news, Ed. Yeah, exactly right. Juliet. Prime Minister Shinzo Obvious chief Cabinet Secretary Yoshihide Suga is poised to win bloomers community more in Tokyo. The LDP has decided on a scaled down version of the election due to the surprise resignation of OB And that boat is being held today. So 394 lawmakers are eligible to vote to choose their new party leader and local chapters have 141 for a total of 535 contested votes, then goes to Parliament for the obvious term fulfillment, and there's always the possibility that a snap election as well.

LDP Prime Minister Japan Juliet Baxter Yoshihide Suga Parliament San Francisco Secretary ED Tokyo
"ldp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:34 min | 1 year ago

"ldp" Discussed on Bloomberg Radio New York

"Liberal Democratic Party officially started its campaign for a new leader with Shinzo Abe's top aide, the chief Cabinet secretary Ji this ooga seen as the front runner. This does come is Stillson. Poor economic news. Second quarter GDP the contraction down its final reading Worse than earlier. Estimated impact is about Reynolds joins us from Turkey is about to start off with the politics here. What are the chances of a surprise? In this LDP election. Or has Mr Suba got it all sewed up. Yes, well, officially, this is a street called Straight. We have Yoshihide Suga, who is very much single, Baba's right hand man right from 2012 until the current days. We have two other contenders, former Defense minister issue and former Foreign Minister Kishida but they say it is most likely a stone at it in the bag for Mr Hogan. The reason for that is the election format that the party opposite for this time, which is an expedited format, which favors Lawmakersvotes over the rank and file of the party on with within the loo. Make a party. What you have is a huge is very powerful factions. They have already decided who they're going to vote for. In most cases, it's a go. So it's very unlikely and that's something very unexpected happened this week that we'll see a different result. Isabel second quarter GDP out this morning, a contraction slightly worse than earlier estimates. What does it say about the Talis facing the next prime minister? Right? Well, obviously that's very grim news. Japan's economy that had been some hope among some that perhaps it might be not as bad as initially estimated your 60 days. Sugar has very much emphasized that he's going to be continuity candidates from the government. The monetary policy is going to stand placed extremely easy monetary policy, But he's also emphasize that if Panties of worsening and job statistics, or AH, big leap in bankruptcies. For example, he's prepared to step in with more physical stamina, small money to help people get through this crisis. I think he's very much you know, on the bull and looking to see what can be done if necessary in the coming months. Olympic politics reporter Isabel Reynolds in Tokyo. Was you a quick check of the latest business flesh headlines known fool has become Hong Kong's hotties IDEO its shares surging on debut.

Isabel Reynolds Democratic Party Mr Suba Shinzo Abe prime minister LDP Yoshihide Suga Stillson Hong Kong Mr Hogan Ji secretary Turkey Lawmakersvotes Baba reporter Japan
Campaign to succeed PM Abe as party leader begins in Japan

BTV Simulcast

02:00 min | 1 year ago

Campaign to succeed PM Abe as party leader begins in Japan

"Is about to start off with the politics here. What are the chances of a surprise? In this LDP election. Or has Mr Suba got it all sewed up. Yes, well, officially, this is a street called Straight. We have Yoshihide Suga, who is very much single, Baba's right hand man right from 2012 until the current days. We have two other contenders, former Defense minister issue and former Foreign Minister Kishida but they say it is most likely a stone at it in the bag for Mr Hogan. The reason for that is the election format that the party opposite for this time, which is an expedited format, which favors Lawmakersvotes over the rank and file of the party on with within the loo. Make a party. What you have is a huge is very powerful factions. They have already decided who they're going to vote for. In most cases, it's a go. So it's very unlikely and that's something very unexpected happened this week that we'll see a different result. Isabel second quarter GDP out this morning, a contraction slightly worse than earlier estimates. What does it say about the Talis facing the next prime minister? Right? Well, obviously that's very grim news. Japan's economy that had been some hope among some that perhaps it might be not as bad as initially estimated your 60 days. Sugar has very much emphasized that he's going to be continuity candidates from the government. The monetary policy is going to stand placed extremely easy monetary policy, But he's also emphasize that if Panties of worsening and job statistics, or AH, big leap in bankruptcies. For example, he's prepared to step in with more physical stamina, small money to help people get through this crisis. I think he's very much you know, on the bull and looking to see what can be done if necessary in the coming months.

Mr Suba Prime Minister LDP Mr Hogan Yoshihide Suga Isabel Baba Lawmakersvotes Japan
Japan's Prime Minister resigns for health reasons

Monocle 24: The Briefing

06:15 min | 1 year ago

Japan's Prime Minister resigns for health reasons

"It is a week or so since Japan's longest-serving, Prime Minister Shinzo are announced that he would be standing down for health reasons that discreet interval having elapsed those who fancy succeeding him as leader of the Liberal Democratic Party and therefore Prime Minister of beginning to make themselves known among the first out of the traps is Yoshi suger currently chief cabinet secretary already seen as the favorite the former foreign, Minister Fumio Kishida and former. Defense. Minister Shapiro she but also like their chances, the decision is due on. September. Fourteenth joining me with more is molecules Tokyo bureau chief. Your New Wilson. Fiona is this the one horse race that some are already calling it? Yes, I'm afraid I think it is amazing. Things have happening over the last couple of days in Japan you're right there are three key people standing but really the LDP party, the party executives have swung into action and pretty much. So not the race for Soga to win it's going to be very difficult for him to lose the L. TPS. Famously, it's got these factions seven factions and it seems that saga although he only just a matter of hours go announced. His candidacy seems he's already secured. Five of the seven factions. Votes can be quite hard to beat him and yesterday that was an amazing meeting of the Executive Council of the Party and they decided not to bother with the votes from the rank and file, which really sent a clear signal because among the rank and file issue the former defense minister, he's the top choice. He's also the top choice with the public. He pulls much higher than Sukkur and clearly the party Did Not want him to win. So the in a way it's been rigged actually the vote and it's very good news for Soga and not for anyone else standing on that point though if Ishiba is the more popular candidate among the actual Japanese Public Roy is he not seen as more of a contender by the Party grandees? It's interesting. He's been relentless critic of Shinzo Bay and that's one him. No friends he he just does not have enough support within the party and it's a sort of a grudge I suppose you could say he stood against. A couple of times in two, thousand and twelve he stood against obey. He actually won the first round when it was, you know down to the rank and file he won. He lost in the second round when it came down to the the members of the politicians. So he's he's seen as trouble he's criticized throughout he you know I in a natural way he's got plenty to say about what's going on within his own party. He's he's being critical of our based diplomacy. He thinks it's to US centric he he feels that the stimulus packages that she has set the ABA. Policies that he's feels not sustainable in the long term and he's voiced very openly. So he's one no friends within the policy leaders and I think now it's unfortunately for him. It's coming home to roost. So if we are going to have to get used to the idea of your Shahida, suge as the next prime minister of Japan, do we understand yet what sort of prime minister he intends to be? Basically, who is he? Yeah, it's an interesting one I mean. People outside Japan wet name much about him although he's been obeys right hand man throughout since two thousand twelve he's he's the public face of the government. He's the top spokesperson. He's there every day at the press conferences batting off critism of Shinto. Ebbe. There are questions about unfortunate scandals, how how Abbas dealing with the pandemic. It's been super who's dealt with all that. So he is a very, very well known face here. He's. He's sometimes referred to his uncle ray were not not particularly affectionately, but he was the man who revealed the name of the new Japanese era when there's new. The new era begins and we are now in the era of war and he was the man who revealed that on television. So he's sort of got this nickname, but there's not a lot. He's revealed about himself personally in seventy one. Well, when when he came on today his press conference, he pretty much announced exactly what kind of prime minster he'll be, which is continuity Abba he said he'll be dealing with coronavirus. He'll continue with up a NOMEX and he'll continue Abbas diplomatic policy which is based on the US Japan. Alliance and I think that's where he differed from issue who was trying to do the exact opposite really saying. Issue has been saying we need more friends in south. East Asia not so US centric, he doesn't fancy what they call the golf diplomacy the great bromance between trump and pay, which is much spoken of. Not. Sure. How much trump considered it although he did he did tweets that he considered to be Japan's greatest prime minister which prompted much hilarity on twitter to see if anyone could ask trump who was his second greatest pick suspecting that he probably couldn't name and other Japanese prime minister so that that really he's continuity and for some people about important but it seems the public were they wanted a bit of change maybe not a complete revolution. They've maybe would have liked to fresh face, but it looks like it's going to be so good and it's a very short election campaign really starts in the seventh ends on the fourteenth with the Prime Minister being appointed on the sixteenth seventeenth in a special session just finally, and briefly owner is it politically viable for the Liberal Democratic Party just to install him as prime minister and let him crack on there won't be any talk of early general election or anything. There isn't at the moment, but there has to be a general election by next Autumn Anyway twenty, twenty one. This is so. It would be pretty remarkable if he were to come in and immediately call a general election. So I think not. But there are some very dissenting voices I notice the Asahi Shimbun, huge center-left newspaper second-biggest paper. In Japan, remember the circulations are enormous and described this whole process of how suit of being shoehorned into the role as bleak and pathetic. So it's not like There is across the board support for is going to have a bit of a battle with the public. He hasn't actually put a foot wrong so far he said very little. He only announced his candidacy tonight so. We'll see how it turns out but at the moment, it looks like it's going to be business as usual. If, you're on a Wilson in Tokyo Bureau. Thank you for joining

Japan Prime Minister Liberal Democratic Party Minister Fumio Kishida Minister Shapiro United States Soga Tokyo Bureau Chief Abbas Asahi Shimbun Fiona Yoshi Suger Shinzo Bay Tokyo Bureau LDP Shinzo Donald Trump
"ldp" Discussed on This Week in Computer Hardware

This Week in Computer Hardware

03:46 min | 3 years ago

"ldp" Discussed on This Week in Computer Hardware

"Nanchang sixteen sees support quilt modern types of flash cluding, three TLC and three. D Q, Elsie, nam with toggle three dot or on five or point. Oh, interfaces, and then FIS on fourth gen implementation of LDP, and raid based, E, E, C, C goes on and on, on, which is cool rights. They actually do AS to six on the controller. Two hundred. Thirteen hundred bytes per second is good. Because if you look at I recently got in a Lexa are pro external drive. Those are really nice. Really fast ten gigabit per second speeds they max out at about nine hundred megabytes per second rights under fifty megabytes per second. Reads the external envy, EMMY enclosure that I tested recently with a really fast drive still topped out right around those same numbers can get close to, like nine twenty nine thirty writes about nine forty nine fifty read. So if a new controller comes out, and you can connect it to your brand new laptop in like, you know, at the end of this year may be early twenty twenty and it's getting speed significantly over thousand megabytes a second. That's good. But means ago from nine fifty two thirteen hundred is not very exciting. It would be nice if the expect came out, and it was double the speed, which is how I kind of interpret to buy to, like, oh, that's like two lanes. So simultaneous streams of, of gen two USB, three dot. To apparently not, not with this controller anyway. So maybe a later controller or a difference flash, configuration could hit could saturate double the bandwidth once and you know, it's also, I mean, there's a on the an antique article is there's a great series of cranky comments. And then somebody steps in it's like this is a perfectly reasonable description of this, which I get which is part of white reminds me of nineteen ninety-five, where it's like this obscure acronym is incredibly intelligent organized much like the naming system of BMW's, but you know as he points out, repo, men, twenty-seven. Where did it go? The three point zero release also describes channel bonding in the form of dual lane. Operation like every other I o specification in history. It also Dobbs, the convention of the number of lanes. It'll link with a lower case x followed by the number of lanes. None of this is different from any other specification out there or involves brand new trademarks marketing in any way, nor is it of any particularly, nor is any of it, particularly confusing. If you've learned to count to two two as an official, you know, grouchy old man get off my lawn. One hand, I get where this guy's coming from. But on the other hand, most people aren't particularly aware of channel bonding, or how impacts things or the fact that they have a two by two or a four by four Reno router or whether or not, you know, the implementation in their laptop can even take advantage of that. And it's. And, you know, I should to, to, to repo twenty seven credit. I should point out that we were kind of irritated because one of the few things everybody understood to degree, like it'll to eleven be able to live in G eight oh, two eleven N, eight hundred eleven AC not particularly in it, but people got it and then, you know, WI fi decides to like. Yeah. We, we got it. But we want to sort of push into the next generation of wifi. So we're going to call that WI fi six because why fired six is easier and it's bigger than five. So we know when you're buying a new outer you'll know to go for six instead of five, and it feels like you know, we're using everything to assess me street commercial or Sesame Street segments. And it might not if they hadn't spent so many years, you know, giving.

WI Nanchang LDP Elsie Lexa dot BMW Dobbs official Thirteen hundred bytes nine hundred megabytes thousand megabytes fifty megabytes ten gigabit One hand
"ldp" Discussed on KQED Radio

KQED Radio

01:31 min | 3 years ago

"ldp" Discussed on KQED Radio

"Of jobs and Stanford University, Japan expert, Daniel Snyder says it's hard for prime minister Shinzo Ave to do much more than that very difficult to make an agreement which affectively shuts down factories, then loses jobs in Japan. So, you know, these guys constituencies to Japanese investment in the US has surged under the Trump administration, especially in states, which voted for Trump in two thousand sixteen and Snyder says, Japan knows Trump can point to this at election time next year, but Ave in his ruling, liberal, Democratic Party, you're facing their own elections in parliament, this year in Snyder says they can't afford to cut any trade deal that might alienate Japanese rural voters, if they desert, the LDP it could have a huge impact that happened to them in two thousand seven Ave. Lost. Big upper house election, two thousand seven and, and these never forgotten that lesson. I'll be ready in his third and probably final term is prime minister. So this election is not about his political survival. It's about his legacy. In on bays. Made it clear that his alternate goal is to amend Japan's constitution which was drafted by the US after Japan's defeat in World War, Two neon university political scientist, Tomoaki, E, Y, says Ave, and the L, D P already have a simple majority in parliament but Ave needs more to reach his goal. Let's to get it back if he can't get a two-thirds majority..

Japan Ave Daniel Snyder prime minister Trump US Stanford University Democratic Party LDP affectively scientist