Anonymous ID: 013f3a June 8, 2024, 2:45 p.m. No.20990301   🗄️.is 🔗kun   >>0561 >>0744 >>0869 >>0906

>>20989083 pb

Belgium AF BAF83 Falcon 7x went to Manama, Bahrain

And the Brussels mafia goes there the next day after this came out

 

Bahrain sent message through Russia to normalise ties with Iran: Official

https://www.aljazeera.com/news/2024/6/7/bahrain-sent-message-through-russia-to-normalise-ties-with-iran-official

Anonymous ID: 013f3a June 8, 2024, 3:58 p.m. No.20990738   🗄️.is 🔗kun

Japan to enroll all foreign residents in national pension system

 

Japan plans to register all foreigners that have newly moved to the country in the public pension program by October, aiming to strengthen requirements and shore up a foundation for long-term social stability.

There are over 3 million foreign nationals living in Japan, a number that is expected to keep rising. Enrollment in the pension program will create an economic foundation for foreign nationals to continue living in Japan in old age.

Currently, people between the ages of 20 and 59 who reside in Japan are required to enroll in the national pension system regardless of nationality. People who move to Japan from abroad receive an explanation of the enrollment procedures when they register their address at a local government office, but some fail to enroll despite the requirement.

 

According to a 2019 survey, the proportion of foreigners living in Japan who are not enrolled was 4.4%, far higher than the 0.1% of Japanese people in the same age group.

That 4.4% is thought to include international students and self-employed people, as well as technical intern trainees whose places of work do not enroll them in the employee's pension system – a factor that affects their enrollment in the national system and how much they contribute to it.

The Ministry of Health, Labor and Welfare will revise the Japan Pension Service's systems and obtain data from a nationwide resident register to access information on new immigrants to Japan. Those whose pension eligibility cannot be confirmed will be asked to enroll in the system.

If there is no response, the Pension Service will enroll them automatically.

https://asia.nikkei.com/Spotlight/Japan-immigration/Japan-to-enroll-all-foreign-residents-in-national-pension-system

 

From May 30th

 

Japan to shift $640bn in public pension money into active investing

 

(Just what any pensioner wants to see-the manager of your retirement going headlong into Stonks and Bonds during the largest asset bubble in human history as the BoJ needs help in both arenas as they own about 80% of Japanese equities and around 60% of the entire JGB market)

 

Japan is moving to steer nearly 100 trillion yen ($638 billion) more public money into active investing, taking a cue from the Government Pension Investment Fund's embrace of riskier assets, Nikkei has learned. The GPIF, dubbed the "whale" for its outsize market presence, manages roughly 200 trillion yen in assets, government data from March shows. But it is not the only keeper of public money in Japan. The newly mobilized money, which includes civil servants' retirement savings, will unleash another heavyweight on stock and bond markets. The move represents another step toward Prime Minister Fumio Kishida's goal of building up Japan's asset management sector.

Kishida told a May 22 global investors conference organized by Morgan Stanley that initiatives soon would be announced on improving asset management at nine public asset owners overseeing roughly 300 trillion yen, including the GPIF and mutual aid associations.

Ruling Liberal Democratic Party lawmakers have recommended expanding public asset owners' staffs of investment professionals and diversifying their asset allocations. A government fiscal and economic policy blueprint due out in June is expected to call for such steps as hiring more investment professionals to manage public money. This is expected to affect the Federation of National Public Service Personnel Mutual Aid Associations, known by the Japanese acronym KKR; the Pension Fund Association for Local Government Officials; and the Promotion and Mutual Aid Corporation for Private Schools of Japan, among other funds. KKR has around 10 trillion yen in assets under management, while the latter two oversee roughly 30 trillion yen and 5 trillion yen, respectively, according to government data.

Their managers follow a basic asset allocation plan of 25% each for Japanese equities, foreign equities, domestic bonds and foreign bonds(read that as US Treasury Bonds). Periodic rebalancing ensures these weightings are maintained.

The GPIF has hired a chief investment officer from the private sector and is increasing its staff. It selects active funds based on data analysis and checks its portfolio weekly.

Other public pension funds bring in personnel on loan from other government agencies and from outside government, but critics say there is a lack of clear leadership for investment operations. “In risk management, a professional in a position of responsibility must make responsible decisions when the time comes, including cutting losses," said a senior economic official.(Bwahahaha like they give a shit!!)

https://asia.nikkei.com/Business/Finance/Japan-to-shift-640bn-in-public-pension-money-into-active-investing

Anonymous ID: 013f3a June 8, 2024, 4:20 p.m. No.20990857   🗄️.is 🔗kun

>>20990835

Not condoning this but that ain’t no loss with the amount of good real taquerias available.

Many people won’t go to the real Mexi places because they are afraid so it’s laces like these exist.

It’s McMexucan food like Chipotle’s