LA Times (April 29)
“All across India, a trail of death and misery is devastating a country whose leaders boasted of defeating the coronavirus just a few months ago. A surge of new cases fueled by the so-called double mutant variant of the coronavirus first discovered in India is now pushing the nation’s overburdened healthcare system toward collapse” and presenting “a cautionary tale for a world wanting to rush back to its rhythms.”
Tags: Boasted, Collapse, Coronavirus, Death, Defeating, Devastating, Double mutant, Healthcare, India, Leaders, Misery, Surge, Variant
The Straits Times (February 20)
“In spite of a substantial budget surplus,” Singapore is planning to raise taxes to meet “the challenges that lie ahead—in the form of financing healthcare in an ageing society, meeting infrastructure needs and ensuring security.” This approach starkly contrasts with the U.S., which has cut taxes despite running an enormous budget deficit, but fiscal sustainability has been “a mainstay of Singapore’s economic planning since independence.”
Tags: Budget surplus, Challenges, Deficit, Economic planning, Fiscal sustainability, Healthcare, Independence, Infrastructure, Security, Singapore, Taxes, U.S.
Bloomberg (May 11)
“It’s not making headlines yet, but wages in Japan are rising the fastest in decades, in a shift that’s poised to divide the nation’s companies — and their stocks — into winners and losers…. Consumer-focused sectors with low salary bills as a percentage of revenue are best positioned. Logistics and some health-care companies will be most negatively impacted,” according to a report from Morgan Stanley.
Tags: Consumers, Healthcare, Japan, Logistics, Morgan Stanley, Revenue, Rising, Stocks, Wages
Reuters (March 22)
“The Trump Trade could start looking more like a Trump Tantrum if the new U.S. administration’s healthcare bill stalls in Congress, prompting worries on Wall Street about tax cuts and other measures aimed at promoting economic growth.” Investors are less optimistic “that U.S. President Donald Trump will swiftly enact his agenda, with a Thursday vote on a healthcare bill a litmus test which could give stock investors another reason to sell.”
Tags: Congress, Economic growth, Healthcare, Investors, Tax cuts, Trump Tantrum, U.S., Wall Street, Worries
Bloomberg (December 15)
“A surge in Tokyo’s elderly population over the next 10 years may overwhelm urban healthcare systems; while depopulation and stagnant economies in rural Japan are set to leave nursing homes and hospitals half-empty.” Prime Minister Shinzo Abe is pushing “an audacious idea” of motivating urban elderly to relocate to Japan’s countryside.
Tags: Abe, Audacious, Countryside., Depopulation, Elderly, Healthcare, Hospitals, Japan, Nursing homes, Rural, Surge, Tokyo, Urban
Los Angeles Times (July 29)Los Angeles Times (July 29)
Japan is “a bright spot.” While the media often focuses on Japan’s lost decade, Japan is actually “a country from which Americans might learn a thing or two.” Japan has 5% unemployment (versus 10% in the U.S.), universal healthcare (versus 47 million uninsured), low crime (versus high), and Japan’s list of virtues goes on. “Americans should be so lucky as to experience a Japanese-style lost decade.”
Japan is “a bright spot.” While the media often focuses on Japan’s lost decade, Japan is actually “a country from which Americans might learn a thing or two.” Japan has 5% unemployment (versus 10% in the U.S.), universal healthcare (versus 47 million uninsured), low crime (versus high), and Japan’s list of virtues goes on. “Americans should be so lucky as to experience a Japanese-style lost decade.”
Tags: Healthcare, Japan, Lost decade, Unemployment