Domestic economy has not done so well and consumption is down on the quarter and investment spending is treading water. In that respect it would be premature to say the japanese economy is Out Of The Woods but it is a positive surprise. This is a tricky it is a positive surprise. This is a tricky balance it is a positive surprise. This is a tricky balance for it is a positive surprise. This is a tricky balance forjapan because they have been trying to boost inflation unlike some other g7 economies yet they are having a problem, people arent feeling confident in purchasing and buying things there. How do they balance this . They balance this . Indeed, thats the they balance this . Indeed, thats the milliondollar i thats the Million Dollar question right now. Weve had a pretty good result for these spring Wage Negotiations this year and wage growth is picking up year and wage growth is picking up injapan so in that respect things are changing. But the wage gains we are seeing now are not
And events costs are set to climb higher through the remainder of 2023 and into 2024, due to inflationary pressures. Joining me now is suzanne neufang, whos the ceo of the Global Business travel association. Welcome, good morning. Is this a surprise . Its been awhile since pandemic now. I a surprise . Its been awhile since pandemic now. A surprise . Its been awhile since pandemic now. I wish it were. Since pandemic now. I wish it were but since pandemic now. I wish it were. But in since pandemic now. I wish it were. But in shortterm since pandemic now. I wish it were. But in shortterm memory, were. But in short term memory, just a year ago we were still really from omicron variant s. So we did expect last year that it would be a slower recovery so we were delighted at this time time last a great deal of this you will show another 32 . We added last year at about a trillion us dollars and we should get about 1. 4 trillion as you say by the end of 2024. Are there any areas in particular
Part of an overall Unemployment Rate of 5. 3 injuly. All of which has had people taking to social media. Kerry allen works for Bbc Monitoring and has been observing Social Media Activity in china discussing this move. What are people saying in china about this move to stop counting Youth Unemployment . This has been a major Talking Point on social media and state media have reported this is not something young people should worry about and that things are projected to improve from august onwards but on social media a lot of comments that i have seen are very cynical, showing that statistically unemployment has been rising since the beginning of the year, and they are commenting things like, everything is stable, everything is improving, and the idea that if you do not see the data, it is not a problem. Sarcasm is clearly not data, it is not a problem. Sarcasm is clearly not dead data, it is not a problem. Sarcasm is clearly not dead over data, it is not a problem. Sarcasm is clearly no
A further rise in business investment. Private consumption fell on the quarter as consumers struggle with rising living costs and falling real wages. How do you think investors are going to respond to this news . The japanese economy is performing quite well. I dont think it will be a big market reaction. Simply because the indications for Monetary Policy are not clear cut. The bank ofjapan is already quite optimistic about the gdp growth, and what really matters for Monetary Policy is how global inflation is. Strong gdp growth, the margin, Rising Inflationary pressures. As we have seen in the past, it can turn around things injapan, so the wage growth really matters, how much it will ease Household Burden on the cost of living. In terms of the bank ofjapan, looking at whether they are actually going to raise Interest Rates after quite some time, what do you project . We time, what do you proect . We dont time, what do you proect . We dont thinkļ¬ time, what do you project . Dont thin
Theres severe hunger and a near collapse of the Health System we have a special report. Delight for spain as they go through to theirfirst womens World Cup Final they beat sweden 2 1 with a goal in the 89th minute. Its two years today since the taliban returned to power in afghanistan. These are live pictures of supporters of the taliban supporting on the streets there. You might be able to catch a glimpse of the flag that was being waved by many people in that crowd, the flag of the Islamic Emirate of afghanistan. That is that alabama has my full name for the country. The un says afghanistan is experiencing one of the most severe humanitarian crisis in the world and has warned of a huge shortfall in funding and a deepening economic crisis. Women and girls have faced severe restrictions since the taliban came to power, including the banning of girls from secondary schools. Our chief International Correspondent lyse doucet has this special report. All in a days work. 14 hours of labour.