Japan debates green transformation push with 20 tril. yen outlays

Published by
Kyodo News

Japan on Wednesday began a debate over how to achieve decarbonization and green growth by tapping 20 trillion yen ($146 billion) in government spending as Prime Minister Fumio Kishida sees green transformation as a critical component of his vision for a new version of capitalism. Kishida appointed industry minister Koichi Hagiuda to double as minister for promoting green transformation, or GX, with the government slated to draw up a 10-year roadmap by the end of the year for Japan’s transition to a greener economy. The government will hammer out the details of how the 20 trillion yen, likely r…

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Big tech, oil extend Wall Street’s mid-summer rebound

Published by Reuters By Lawrence Delevingne (Reuters) -U.S. stocks extended their mid-summer rebound https://www.reuters.com/markets/europe/nasdaq-futures-surge-apple-amazon-hold-out-against-weak-consumer-spending-2022-07-29 on Friday, with the dollar and some longer-term Treasury yields dipping,

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