| From: elmatador | 1/3/2023 8:51:24 AM | | | | | | Money to Move: Families Offered Millions in Yen to Relocate From Tokyo to Rural Areas
BY LISA DU / BLOOMBERG
JANUARY 3, 2023 12:31 AM EST
Japan plans to boost financial support to households to move away from the capital to combat depopulation in other areas of the country, according to multiple local media reports.
Eligible families in the Tokyo metropolitan area will be able to receive 1 million yen ($7,700) per child starting in the fiscal year 2023 if they move to a disadvantaged local area — more than triple the 300,000 yen incentive already in place, the reports said.
The financial incentives highlight the challenges that Japan is facing with its low birth rate and long life expectancy. Rural areas have seen rapid depopulation as the young move away for opportunities in cities, leaving the localities dotted with empty homes and contending with dwindling tax revenue.
The increased support for children comes on top of a flat 1 million yen that families can get for moving. Under the new proposal, a household with two children could receive 3 million yen in support if they left the Tokyo area.
Japan’s national government began the initiative to attract people to regional areas in 2019, allowing households who have lived in the central Tokyo metropolitan area for five years to apply for support funds if they move.
Families can continue to work remotely at their current job, work at a local small or medium sized business, or start a business in the local area — which would allow them to apply for even more financial support.
The scheme saw 1,184 household participants in 2021, compared to 71 the first year it launched, according to the Nikkei. |
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| To: Maurice Winn who wrote (9613) | 1/4/2023 3:19:48 AM | | From: elmatador | | | | Canada admitted a record number of immigrants in 2022, as the federal government works toward a goal of admitting 500,000 newcomers each year by 2025 to help spur economic growth
Canadian immigration hits record high in 2022
Jaren Kerr in New York
 © ReutersCanada admitted a record number of immigrants in 2022, as the federal government works toward a goal of admitting 500,000 newcomers each year by 2025.
There were 431,645 new permanent residents last year according to Immigration, Refugees and Citizenship Canada, topping a high in 2021 of 405,000.
Prime Minister Justin Trudeau’s government is trying to catch up from a slowdown in immigration in the first year of the pandemic, and admit nearly 1.5mn new permanent residents over the next three years.
The government aims to accept a minimum of 500,000 immigrants by 2025 to help spur economic growth.
The figures do not include other migrants like foreign students, which universities rely on to pay high international tuition fees. In 2021, 1.4mn people were in Canada on temporary study or work permits.
Immigration accounts for about 75 per cent of Canada’s population growth. Most newcomers migrate for economic reasons, and arrive in Canada ready to work or start a business. Some sectors, like healthcare, are facing hiring challenges and depend on immigrants to occupy vacancies at the top and bottom of the pay scale.
Immigrants tend to settle in and around major urban centres like Toronto and Vancouver, where rising housing costs present a challenge to those who want enough space for a family, or to have a reasonable commute to their workplace. Rents in major cities soared last year as rising interest rates made it more expensive to buy homes. |
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| To: DinoNavarre who wrote (10124) | 1/4/2023 3:21:59 AM | | From: elmatador | | | | Gravity pulls apples down
Apple stock slide pulls market cap below $2tn
Apple’s market value has lost $1tn in the past 12 months, after its shares slipped more than 3.5 per cent on Tuesday as investors continue to worry about disruptions to its manufacturing operations in China.
Patrick McGee in San Francisco
© APApple’s market value has lost $1tn in the past 12 months, after its shares slipped more than 3.5 per cent on Tuesday as investors continue to worry about disruptions to its manufacturing operations in China.
The iPhone maker’s valuation fell below $2tn in early trading, a stark reversal from the first trading day of 2022 when it became the only company ever to reach a $3tn valuation.
Apple has still performed better than its peers, losing 29 per cent last year, versus a 33 per cent loss for the tech-heavy Nasdaq 100 index.
Its staggering dollar value loss in 12 months reflects wider risk averse sentiment across the market as investors deal with a looming recession, persistently high inflation, and an abrupt reversal in global monetary policy following years of unprecedentedly low interest rates.
The iPhone maker’s actual business has performed remarkably well amid three years of the global pandemic: Apple has reported 14 consecutive quarters of growth and in the 12 months to September it posted a record $394bn of revenue and nearly $100bn in net profit.
According to Counterpoint Research, Apple shipped 14 per cent of all smartphones, globally, in the first nine months of the year, but it accounted for 43 per cent of all revenues and 82 per cent of all profits — its highest profit share since 2015. |
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| To: elmatador who wrote (10127) | 1/4/2023 4:08:09 AM | | From: Maurice Winn | | | | Justin is set on doing for Canada what his father, Fidel, did for Cuba.
His intentions might actually be good. Fidel's, Stalin's, Mao's, Pol Pot's might have been to create wonderful communist Utopian paradise too. But the road to Hell was paved with good intentions.
Any simpleton who thinks increasing population necessarily increases economic success should consider Bangladesh, Pakistan, India, Egypt, Nigeria, South Africa, and compare them with Singapore, Hong Kong, Luxembourg, Iceland, Israel, in GDP per capita.
The teeny little populations do extremely well.
Canada won't get better off by being swarmed by low value people who depend on free stuff or have low intelligence, low work ethic, third world values. Canada will turn into a third world country.
New Zealand had the same stupid ideology decades ago, and now = more third world people is good.
In my lifetime NZ has gone from number 3 in gdp per person to wayyyyyy down the list, nearing Barbarian standards. We haven't brought back cannibalism yet, but slavery and Master Race are now law.
People are allowed to keep a little of what they produce with the rest going to the communist collective kleptocrats for distribution to the Master Race.
Mqurice |
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| To: elmatador who wrote (10111) | 1/4/2023 4:22:53 AM | | From: Maurice Winn | | | | Tate was arrested, not "detained". Detained is when one is stopped from proceeding temporarily, such as being searched at a customs point of control. Or at a traffic stop to check for booze in blood = detained until compliance demonstrates one is free to continue.
Andrew Tate was not just arrested but was forcibly arrested complete with handcuffs and being held by his arms.
All that was required was to politely knock on his door, inform him that he was under arrest and to ask him to go with them. No handcuffs etc necessary if it was merely "detention". If there's no indication for handcuffs and arm holding, then don't do that. He was being compliant.
Mqurice |
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