Political

Japan's GDP will be boosted by 0.7% if tourism returns to pre-pandemic levels.

Japan’s GDP will be boosted by 0.7% if tourism returns to pre-pandemic levels.

It is likely that the Japanese economy, which is at risk of slowing down, will benefit from the new crown epidemic’s relaxation of port management requirements. Globally, the number of tourists from other countries has returned to half of what it was before the pandemic, and some estimates suggest that Japan’s gross domestic product (GDP) …

Japan’s GDP will be boosted by 0.7% if tourism returns to pre-pandemic levels. Read More »

It is also challenging to restore trust in Japan's intervention in the devaluation of the yen.

It is also challenging to restore trust in Japan’s intervention in the devaluation of the yen.

Because the government of Japan and the Bank of Japan (the country’s central bank) intervened in the currency market by buying yen and selling dollars, Japan’s currency defense has entered a new phase. However, Japan’s historically low interest rates have remained unchanged, and the movement of individual funds into assets located outside of Japan has …

It is also challenging to restore trust in Japan’s intervention in the devaluation of the yen. Read More »