On a recent Saturday in Tokyo's Shinjuku district more than 100 people,
many of them elderly men, stood close together in a long queue waiting
for food hand-outs.To get more news about
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One of them, Tomoaki Kobayashi, said he was fearing the day he would
lose his home as his pension alone was not enough to pay the rent. Still
spry, the 72-year-old said he lost his job cleaning pachinko parlours
after many of the gambling halls were shut in a state of emergency
imposed because of the coronavirus.
“This is the final month. I can't pay any longer,” Kobayashi said of
his rent, clutching a small sack of groceries - snacks, instant curry
and hashed-beef rice that would feed him for the next few days. He said
he had paid pension premiums for just 15 years, unlike the 33 years for
most pensioners, meaning he is eligible for only 54,000 yen ($500) every
two months.
Elderly Japanese became an increasingly important part of the labour
pool after Prime Minister Shinzo Abe launched his “Abenomics” policies
in 2012 to revive the world's third-largest economy.
In a country with the world's oldest population and lingering unease
about immigration, elderly workers fill roles as shop clerks, cleaners
and taxi drivers. For some, the work provides an additional boost to a
pension and considerable savings. But for lower-income workers like
Kobayashi, part-time jobs are a lifeline.
Now, the coronavirus has shuttered shops and offices and left some of
the most vulnerable members of the labour force untethered, even as they
are more at risk from the disease than other age groups.
“Elderly who have to work because of low pensions are facing tough
conditions,” said Takanori Fujita, who co-heads a network of non-profit
workers, lawyers and academics tackling social issues caused by the
outbreak.
“We're holding consultations (with elderly) no longer able to pay their rent or electricity bills,” he said.
About 13% of the labour force are aged 65 or older, up from 9% when
Abe returned to power in 2012, according to government data. More than
three-quarters of elderly workers are non-regular employees, part-timers
and contract workers who are the first to lose their jobs when business
is under pressure.
Germany and France jointly proposed on the 18th to establish an European
Union recovery fund to offer financial aids to members struck by the
economic fallout of the pandemic. The news pepped up market confidence,
sending the euro on a rally, though rather moderate in scale.To get more
news about
WikiFX, you can visit wikifx official website.
EUR/USD is recently near the 1.10 resistance level, very close to the
pivot points of 200 day moving average. The forex research department of
Credit Suisse observed that though the euro may still face pressures,
there are still many factors to keep long-position holders excited. If
an explicit, transparent and sustainable mechanism for fiscal risks
diversion is established, the market would have less reason to have to
price in longer term euro breakup risk.
The recovery fund could have long-lasting impacts on the European
Union, and getting unanimous approval from the European Commission is
the major challenge facing this initiative in the coming weeks, as
Northern European member states are likely to oppose the plan.
Though many European countries acknowledge the significance of keeping
the sustainability of both the euro and European Union, the more
developed Nordic member states have always opposed sharing fiscal
burdens and debts among member states, which will provide basis for
forming a European Union finance ministry.
May 18th from WikiFX news. According to US media, HSBC lost around
US$200 million within one day in March, much exceeding the maximum loss
estimated by HSBC‘s risk value model and costing a whole year’s total
gain in gold trading.To get more news about
WikiFX, you can visit wikifx official website.
In other words, HSBC lost a whole years gold-trading profit within just one day.
The loss has largely been due to the extremity in March, as the
lockdown measures cut off material golds supply channel around the
globe. Price gap between New York gold futures and London spot gold hit a
record high of US$70.
In general, the spread between spot gold and futures is no more than a
few dollars per ounce. Banks usually sell gold futures in New York as a
way to of hedging for the positions in the London market, and a
significant variation of prices in the two markets will cause them heavy
losses.
According to HSBC, the loss due gold‘s market value was attributed to
challenges gold refinement and transportation.As spot-gold trading
expanded unprecedentedly, this affected HSBC’s gold leasing and
financing businesses, as well as other hedging activities, leading to a
loss.
HSBC is not the only institution that suffered from gold markets
unusual volatility. The long-established Bank of Nova Scotia in Canada
also closed precious metal trading department in March, allegedly for
the same reason.
A Barberton city worker struck gold last week when he purchased a $1
million Max the Money instant lottery ticket at the Circle K store on
Fifth Street.Get more news about
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The employee of the city’s Streets Department did not want to be
identified, but gave permission to Barberton Councilman Shaun “Rocky”
Jaber to post the news on social media. A photo in Jaber’s post shows
what appears to be the winning ticket.
Jaber said in a phone interview on Saturday that he received an image of the ticket “from a friend of a friend” of the winner.
Jaber said he first heard about the ticket from a Circle K employee
who is a regular customer at Rocky’s Gas & Drive Thru, the Barberton
establishment he owns and operates. The woman told Jaber that she had
sold the winning ticket.
“She was very excited about it,” Jaber said.According to the Ohio
Lottery, 29 $1 million tickets and two $10 million tickets remain in
circulation in the Max the Money game. The $1 million ticket amounts to
an annual payout of $40,000 for 25 years.
Jaber said the winner contacted him and requested his name not be
used in any post.“He called me yesterday and said, ‘You can post [it],
but don’t give my name,’ ” Jaber said.
The councilman said the winner also bought a $100 ticket at the
Circle K at the same time.Jaber, who also sells instant tickets at his
drive-through, said the largest winner he’s sold was a Rolling Cash 5
ticket for $250,000 in 2017.
He said he’s glad for the winner, although he wished he had sold the
ticket.“He deserves it. He’s a regular customer here, too,” Jaber said.
Jaber said stores that sell winning tickets receive a commission,
which would be $10,000 on this ticket.The winner turned in his ticket
Thursday at the Canton lottery office, but not before assuring himself
he had won.
A lucky Long Island landscaper really raked in the dough.Get more news about
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Marvin Rosales-Martinez, who found a $1 million Win for Life lottery
ticket in a pile of leaves and lawn clippings, left his co-workers
green with envy Friday as he collected his prize.
According to the Hicksville man, the answer to his fiscal prayers
was blowing in the wind as he wielded a rake back in October 2012."It
was all wet, and I took it home and I dried it," he recounted. "When I
found out I had won, I felt very lucky. I felt very happy."
The landscaper had a long wait to turn his good fortune into a small fortune.
Lottery officials conducted a yearlong investigation to ensure the
winning ticket was legit and that no one else would claim it as
theirs.Since the winner went for the cash option, he'll collect $515,612
after taxes, lottery officials said.
"It's a lot of money," said the Spanish-speaking Rosales-Martinez
through an interpreter. "I'm going to help my family, buy a bunch of
little gifts and invest some of it."
His mom, Maria Martinez, said she told her son to toss the winning
ticket — and now she's glad he didn't listen."I said 'Oh my God!' when I
found out that he won," she said. "I didn't believe it."
Rosales-Martinez was just as stunned, according to his mom.
"He told me, 'I've been working for 20 years in this country and
I've never found even $100 — let alone a million,'" Maria Martinez said.
It has been confirmed that Phase 2 of World of Warcraft Classic will
arrive on November 12th. With Phase 2 players will enjoy new World Boss,
Dire Maul dungeon and other new contents.To get more news about
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What is WoW Classic Phase 2 release date?
Blizzard has announced that World of Warcraft Classic Phase 2 is
coming to the game on November 12th, 2019. In Phase 2, there will be new
World Boss, dropping highly competitive loot, a new 5-players dungeon
and the PvP honor system.
Main contents in WoW Classic Phase 2
1. New World Boss
Azuregos - You will be able to find him in South Azshara. A Hunter
quest, Ancient Sinew Wrapped Lamina, allows you to get the Ancient Sinew
Wrapped Lamina quiver, increasing the speed of your ranged attacks by
15%.
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2. Dire Maul
Dire Maul is a new 5-players dungeon, divided into three wings:
East, West, North. You need to venture into the jungle, in the realm of
ancient ogres, by the East wing, to recover your Crescent Key. It is
with this key that you will unlock the other two wings. There will be
various rewards including a special book that will give you a trinket
suitable for your class.
3. PvP Honor System
PvP Honor System will allow you to earn Honor Points to climb the
ladder of PvP Ranks. The latter will enable special factional titles and
powerful equipment as rewards to unlock. You will compete not only
against enemy players in PvP combat, but also against your allies to
obtain the highest rank.
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Schlesinger has held senior sales and marketing roles at companies
including Norwegian Cruise Line, Orient Lines and Voyages to Antiquity.
At a time when established international operators are cultivating the
Chinese source market, he sees significant opportunity for China to
organically develop its own cruise brands.To get more news about
Shanghai mba, you can visit acem.sjtu.edu.cn official website.
Schlesinger said his presentations for the Shanghai students covered
real marketplace issues, especially product segments, on-board
elements, itineraries and booking protocols.
'The experience provided interesting insights into the state of the
Chinese industry development, the travel agency community and the rapid
changes that will take place during the next five years,' he added.
The Shanghai Maritime University Executive MBA program was developed
in response to the dramatic growth of China's cruise market. The
program is designed to educate Chinese officials and entrepreneurs
interested in participating in the creation of new cruise companies.
Previous lectures have focused on financial and operations management, and cruise terminal development.
As the world’s first import-themed national-level expo, the CIIE
embodies China’s solemn promise to opening-up, and epitomizes its firm
commitment to supporting economic globalization and building an open
world economy.To get more news about
CIIE 2020, you can visit shine news official website.
At a time when the COVID-19 pandemic is still raging on and the
world economy is tottering along, China’s steadfast promise and practice
of opening-up resonate with and buoy up all those dedicated to battling
the coronavirus, boosting common development and building a brighter
future for humanity.
The CIIE came into being a decade after the 2008 global financial
crisis, as the world economic recovery was losing steam, trade
protectionism and unilateralism were on the rise, and economic
globalization was facing strong headwinds.
Global trade is an important engine for world economic growth. When
the world economy was facing severe challenges, China, as the world’s
largest trader of goods, voluntarily set up the CIIE as a platform for
businesses around the world to further tap its enormous and growing
market. According to a 2018 estimate, China was expected to import more
than 30 trillion and 10 trillion U.S. dollars’ worth of goods and
services respectively in 15 years.
Over the past two years, the CIIE has grown into a key channel for
products worldwide to find their way into the Chinese market. Official
statistics show that tentative deals worth about 57.83 billion and 71.13
billion dollars were reached at the previous two editions
respectively.Along with China’s concrete moves to foster a world-class
business environment and deepen bilateral and multilateral cooperation,
the CIIE has not only testified to China’s unflinching commitment to
ushering in a new round of high-level opening-up, but also manifested
its sense of responsibility as a major country to share its development
opportunities and shore up the world economy.
The opening of the latest CIIE also clears up the doubts about
China’s opening posture arising from China’s efforts to form a new
development pattern that features the domestic market as the mainstay
with domestic and international markets reinforcing each other.Our aim
is to turn the Chinese market into a market for the world, a market
shared by all, and a market accessible to all,” Chinese President Xi
Jinping said in his keynote speech via video at the CIIE opening
ceremony late Wednesday. “This way, we will be able to bring more
positive energy to the global community.”
Rolled out as scheduled every year, the CIIE attests that China
honors its promise of opening-up with concrete actions to share the
dividends of its development with the rest of the world and bolster
shared growth.Over the past four decades, China has been striding
resolutely forward along the path of reform and opening-up regardless of
the vicissitudes on the global landscape. That path not only suits
China’s development needs but accords with the trend of the times in
this age of globalization.
Chinese leaders are conducting an import fair under intensive
anti-coronavirus controls in their latest effort to revive the world's
No. 2 economy while the United States and Europe struggle with a renewed
surge of infections.To get more news about
China International Import Expo 2020 shanghai, you can visit shine news official website.
Few exhibitors came from abroad for the third China International
Import Expo. Most were represented by Chinese employees or managers who
work in China. Beijing has eased curbs that barred foreign visitors to
China, but new arrivals are required to undergo a 14-day quarantine.
China, where the pandemic began in December, became the first major
economy to begin the struggle to restore normal activity after the
ruling Communist Party declared victory over the virus in March.
Economic growth turned positive in the three months ending in June.
Retail spending has edged back above pre-virus levels.
“By hosting the expo in these difficult times, China is
demonstrating its resolve to keep the global economy on track,” the
official China Daily newspaper said Wednesday.
The expo does nothing to address complaints about China’s trade
record that helped to spark its tariff war with Washington and fuel
tension with Europe, Japan and other trading partners.
Other governments complain Beijing violates its free-trade
commitments by hampering access for foreign companies that want to
invest and compete in its industries. They say the ruling party
improperly supports its fledgling companies in technology and other
promising fields and shields them from competition.The approximately
2,600 companies at the six-day expo that opened Thursday in a cavernous,
1.5 million square meter (16 million square foot) convention center
include many that already operate in or sell to China.
Tyson Foods Inc. is at the expo for the first time to showcase its
pork, beef and pet food, said Zhou Qian, the company’s public relations
manager for Greater China. Tyson has been selling chicken in China for
two decades and has six factories in this country.
“2020 is a very special year. The epidemic is both a challenge and an opportunity for our meat company,” said Zhou.
China has relaxed most anti-disease controls but travelers and
visitors to public buildings still are checked for fever and must show a
smartphone app that records whether they have been to areas with recent
infections.