August 29, 2014
Japanese Household Spending Slumps 5.9%; Cries for More Monetary Stimulus
Taken from: Japanese Household Spending Slumps 5.9%; Cries for More Monetary Stimulus
Hard hitting global and local news
Hard hitting global and local news
Taken from: Japanese Household Spending Slumps 5.9%; Cries for More Monetary Stimulus
Rising Robots: Is it Obvious Robots Cost Human Jobs? Looking for Someone to Blame
In the wake of an inane sales tax hike Japan’s GDP Shrinks 6.8%, Most Since 2011 Gross domestic product shrank an annualized 6.8 percent in the three months through June, the Cabinet Office said. That was less than the median estimate of 37 economists surveyed by Bloomberg News for a 7 percent drop.
Housing Insanity Japanese Style: Record Number of Vacant Homes in Japan, Abe Wants to Stimulate Home Building Thanks to a rapidly aging population, record numbers of Japanese homes sit vacant according to the July 30, 2014 Asian Review report Vacant Homes in Japan Reach Record as Outlying Population Shrinks . A record 13.5% of all homes in Japan were unoccupied as of last October, reflecting an exodus from outlying regions of the country and a general aversion to used homes. Preliminary figures for a study on homes and land, conducted once every five years, were released on Tuesday by the Internal Affairs Ministry
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More here: Japan Exports and Trade Balance vs. the Yen; Abenomics in Review
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Science Daily in its article, " DARPA taps Lawrence Livermore to develop world’s first neural device to restore memory ," reported: The research builds on the understanding that memory is a process in which neurons in certain regions of the brain encode information, store it and retrieve it. Certain types of illnesses and injuries, including Traumatic Brain Injury (TBI), Alzheimer’s disease and epilepsy, disrupt this process and cause memory loss.