TyB
>>20054424
Yawn
==planeFag: Europe/eastern Med
SAM464 WH NSO heading S/SE after gas and go at Shannon,Ireland from MacDill AFB depart earlier today and heading to Africa >>20053305 pb
German AF GAF665 Global 5000 on ground just before midnight at Berlin from Tel Aviv departure and arrived from Cyprus depart earlier today
Spanish AF AME4529 Falcon 900 just landed at Brussels Intl from Madrid depart
Canada AF CFC4002 C17 on descent for Budapest from CFB Trenton depart
Aussie AF MGPE01 E7 Wedgetail east towards Polish/Ukraine border from Ramstein AFB cap3
E-7: An integrated command and control node
The Boeing E-7 Airborne Early Warning & Control (AEW&C) is a combat-proven force multiplier that provides unparalleled abilities to scan the skies, communicate with surface, ground and air assets and enable integration across the joint force
https://www.boeing.com/defense/e-7-airborne-early-warning-and-control/
HOMER42 Rivet Joint trackin’ in eastern Med from Souda Bay, Crete
Japan consumer lenders brace for bad debt on 'revenge spending'
An influx of new customers is increasing the risk of bad loans for Japan's consumer finance industry, while lenders face higher funding costs as interest rates rise.
Total provisions for loan losses at Acom, Aiful and SMBC Consumer Finance grew about 30% on the year to roughly 120 billion yen ($817 million) for the first half of the fiscal year ending March 2024. This owes mainly to a surge in lending for post-pandemic "revenge spending" by consumers keen to make up for lost time. The three lenders gained over 600,000 new customers on the year, up almost 60% from four years earlier. Short-term loans due within two years make up nearly half of their portfolios in terms of the number of loans. That growth is supported by the rise of mobile apps as the main channel for consumer loans. Apps have lowered a barrier to borrowing compared with the industry's earlier mainstay of automated loan processing machines at physical locations. While men used to make up the bulk of borrowers in Japan, Acom said women and younger people in general are taking the lead.
People with short borrowing histories are more prone to falling behind on payments. The increase in these customers came "on top of loans to customers in the first half of the pandemic going bad," an Acom executive said. All three lenders have seen outstanding loan balances per customer decline, and say that the risks they face are manageable. Acom's average balance has declined 6% over the past three years to about 490,000 yen.
https://asia.nikkei.com/Business/Finance/Japan-consumer-lenders-brace-for-bad-debt-on-revenge-spending
From May
Japan's megabanks facing rising domestic credit risk, cautious margin outlook
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/japan-s-megabanks-facing-rising-domestic-credit-risk-cautious-margin-outlook-64443367