Chicago Tribune (December 23)
“Japanese leaders are now under international pressure to pass a sweeping smoking ban in restaurants and many other public places before Tokyo hosts the 2020 Olympics.” While many politicians are reluctant, “Japanese restaurateurs and entrepreneurs who seek to attract the widest possible international clientele during the Olympics—and after—will ban smoking. Wouldn’t it be terrific if the Tokyo Olympics sparked a Great Japanese Smokeout?”
Tags: 2020 Olympics, Clientele, International pressure, Japan, Politicians, Reluctant, Restaurants, Smoking ban, Tokyo
Investment Week (May 19)
At just 3.6%, Japan’s unemployment rate is extremely low and this should promote inflation. “Labour shortages have already driven wages higher for part-time workers. Adding to this, the demand to provide new infrastructure for the 2020 Olympics in Tokyo and the need to replace equipment should also serve to further stimulate the economy.” The OECD has forecast that “only Japan, New Zealand, and Israel are expected to grow faster than their previously forecasted GDPs in 2014.”
Tags: 2020 Olympics, Economy, Equipment, GDP, Inflation, Infrastructure, Israel, Japan, Labor, New Zealand, OECD, Shortage, Tokyo, Unemployment rate, Wages, Workers
