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Atlanta Journal Constitution (October 14)

2021/ 10/ 16 by jd in Global News

“Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.”

 

Bloomberg (February 16)

2017/ 02/ 17 by jd in Global News

“Sleep deprivation is doing more harm in Japan than just making people grumpy and unhealthy. It is also holding back the world’s third-largest economy,” creating an economic drag of nearly $140 billion or roughly 2.9% of GDP. This is a much larger GDP slice than Canada (1.35%), Germany (1.56%), the UK (1.86%) or the U.S. (2.28%) lose to sleep deprivation. Moreover, periodic surveys by the Ministry of Health, Labour and Welfare, show the number of people averaging less than 6 hours of sleep per night has risen by about 10% since 2007 to nearly 40% of Japan’s population.

 

Institutional Investor (July 23)

2014/ 07/ 25 by jd in Global News

However you look at it, “positive inflation momentum is apparent” in the U.S. From the top down, unemployment has fallen. As slack lessens, “we may begin to see signs of this tightening appear in the form of wage growth.” And from the bottom up, there were “multiple factors that pushed inflation lower over the past 12 to 18 months: predominantly, disinflation from medical and core goods components.” But these were driven by unique events like the sequester and the strength of the U.S. dollar. “Neither the medical nor the core goods component is likely to be a drag on inflation going forward.”

 

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