Monthly Archives: January 2017

Most Japanese firms plan no wage hike; New robot revolution will take boss’ jobs; A radical idea to defeat poverty

1 Most Japanese firms plan no wage hike (Straits Times) Nearly two-thirds of Japanese companies do not plan to hike their workers’ wages this year, a Reuters poll showed, a blow to Prime Minister Shinzo Abe’s campaign for higher pay … Continue reading

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Globalisation grinding to a halt?; Trumponomics and markets; India’s diverse protests

1 Globalisation grinding to a halt? (Larry Elliott in The Guardian) His speech was like one normally expected of an American president. Countries must resist the temptation to retreat into harbour, the world leader said to a packed and admiring … Continue reading

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Trump vows to end ‘American carnage’; China growth slowest in 26 years; Gulf nations brace for budget cuts

1 Trump vows to end ‘American carnage’ (BBC) President Donald Trump has painted a bleak picture of a broken country after being sworn in as US president. He spoke of abandoned factories, rampant crime and a failed education system, pledging … Continue reading

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Saudi Arabia hints at another Opec cut in 2017; Theresa May sees inequality fueling divisive politics; Middle East debt issuance jumps to $78bn

1 Saudi Arabia hints at another Opec cut in 2017 (San Francisco Chronicle) OPEC countries could cut oil production again this year, Saudi Arabia’s energy minister has said. Khalid Al-Falih said he “would not exclude” another cut to follow last … Continue reading

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South-East Asia giants losing their edge; Year 2016 is hottest ever recorded; Pearson shares fall 30%

1 South-East Asia giants losing their edge (Marissa Lee in Straits Times) South-east Asia’s conglomerates continue to outperform their pure-play peers, but their lead has narrowed with the end of the commodities boom and mounting competition in a slower growth … Continue reading

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China will champion free trade if Trump builds barriers; World economy to grow faster in 2017; EU may call robots ‘electronic persons’

1 China will champion free trade if Trump builds barriers (Larry Elliott & Graeme Wearden in The Guardian) China’s premier, Xi Jinping, has delivered a strong defence of globalisation, serving notice to Donald Trump that Beijing will seek to usurp … Continue reading

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Eight men as rich as half the world; Pound sinks on Brexit anxiety; Crude oil faces slippery road

1 Eight men as rich as half the world (Larry Elliott in The Guardian) The world’s eight richest billionaires control the same wealth between them as the poorest half of the globe’s population, according to a charity warning of an … Continue reading

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