TyB
>>19845054 pb
Japan approves $110bn stimulus package to fight inflation
New measures include tax cuts as Kishida's popularity plunges
TOKYO – Japan's cabinet approved on Thursday a package of economic measures worth about 17 trillion yen ($112 billion), including income tax cuts, as Prime Minister Fumio Kishida grapples with persistent inflation and falling approval ratings.
“Wage increases are not keeping pace with price rises,” Kishida said at a news conference on Thursday evening after the government announced a temporary cut in fixed income tax and resident tax that will cost over 3 trillion yen. Those cuts will come into effect as early as June 2024.”We hope to stimulate consumption by increasing people’s disposable income and creating a virtuous cycle in the economy,” Kishida said. “There are positive signs of a break from the long-lasting deflation, and we hope to ensure this trend [continues].”
Income tax will be cut by 30,000 yen and resident tax by 10,000 yen per person for one time. Low-income households already exempt from the latter will receive 70,000 yen.
The economic stimulus plan also includes an extension until the end of April 2024 of subsidies to ease the rising prices of gasoline, electricity and gas.
Japan's core consumer price index climbed 2.8% in September from a year earlier, down from a 3.1% increase in August, according to official data.But prices for food, excluding fresh items, rose sharply by 8.8%.
The massive stimulus comes as Kishida continues to face challenges. The approval rating for his cabinet dropped nine percentage points from September to 33%, according to a poll Nikkei and TV Tokyo conducted from Oct. 27 to 29. That was the lowest since he took office in October 2021.
https://asia.nikkei.com/Politics/Japan-approvkes-110bn-stimulus-package-to-fight-inflation
planeFag Eastern Med Activity and Macron left Uzbekistan
JASDF JF442 767 departed Tel Aviv ES and prolly some equipment for below
Japan foreign minister heads to Israel to urge humanitarian pause
https://asia.nikkei.com/Politics/Israel-Hamas-war/Japan-foreign-minister-heads-to-Israel-to-urge-humanitarian-pause
IAF 272 Re’em tanker up as aerial refueling AC
The 2 C130s up as well
Macronheading west from Uzbekistan
France's Macron in Uzbekistan to expand EU footprint in Central Asia
https://www.rfi.fr/en/france/20231102-france-emmanuel-macron-in-uzbekistan-to-expand-eu-footprint-in-central-asia
Looks like a pretty normal day to this PF
Every few weeks/months this type of post gets put up
They are not gonna show the real juicy stuff-occasionally a few things show up that are out of ordinary but a look at ADS-B shows it pretty normal
>>19848204 lb
SAM267 G5 heading to Peterson SFB
BLKWF16 E-11A inbound from Rota NB,Spain
E-11A Battlefield Airborne Communications Node (BACN) Aircraft, USA
The E-11A aircraft is known as ‘Wi-Fi in the sky’ due to its ability to serve as a low earth satellite.
https://www.airforce-technology.com/projects/e-11a-battlefield-airborne-communications-node-bacn-aircraft-usa/
Portuguese AF AFP12 landed at Warwick RI TF Green Airport
Dutch AF NAF11 G5 departed Phoenix
Mexican AF FAM3526 NE from Santa Rosalia AB-same AC that transported an arrested Chapito out of Culiacan under fire
>never strays from script as “defender of free speech”
Completely hilarious…thanks for the usual morning comedy routine
You take the bait
Every
Single
Time
Kek!
Markets spend all year rallying on anticipation of pivot/pause….they finally get it (tacitly from Jerry’s lips yesterday) and the hedgies who remained short are now forced to cover either the biggest short squeeze since just before the March banking shit (Feb iirc)
And yet another regulation that will be ignored or never enforced
Wall Street Regulator Adopts New Rules for Swap Trading Facilities
Reuters) - The U.S. Securities and Exchange Commission on Thursday adopted new rules governing security-based swap trading platforms, implementing a law adopted by Congress after the global financial crisis of 2007-2009.
The new rules will also be harmonized with those currently used by the U.S. Commodity Futures Trading Commission, an independent agency which regulates derivatives trading. SEC officials told reporters they expected a total of about five entities to register under the new rules.
https://money.usnews.com/investing/news/articles/2023-11-02/wall-street-regulator-adopts-new-rules-for-swap-trading-facilities
https://finance.yahoo.com/
Later B