Geopolitics China’s worsening economic slowdown is rippling across the globe By Keith Preston on August 28, 2023 • ( Leave a comment ) Top News Stories China’s worsening economic slowdown is rippling across the globe Policymakers are bracing for a hit to their economies as China’s imports of everything from construction materials to electronics slide. Japan urges China to rein in harassing calls over Fukushima water The calls, which sometimes numbered in the hundreds for certain targets, were made to businesses, schools and government offices. Seigo & Seibu labor union plans strike over possible sale If the strike goes ahead on Thursday, it would be the first in Japan’s department store industry in about 60 years. ‘Forever chemicals’ from U.S. base in Tokyo fueling residents’ fears Other parts of Japan hosting U.S. bases have also detected high PFAS concentrations at rivers and other water sources, prompting a demand for inspections. Japan suspends H2A rocket launch for moonshot due to strong winds Unsuitable wind conditions in the upper atmosphere forced a suspension less than 30 minutes before the planned liftoff. Other Stories JAPAN Japan plans to monitor classroom hours to cut burden on teachers Schools where annual lesson periods significantly exceed the standard under the guidelines should cut the excess from the next fiscal year. JAPAN Climate change upends Fukushima peach harvest season One farmer said around 30% of his peaches couldn’t be shipped as the intense heat made the fruit too ripe. BUSINESS Mazda accelerates EV shift in China, reshaping ties with suppliers Mazda’s sales in China in the year from April 2022 halved from the previous year to 84,000 units due to a thin lineup of EVs. BUSINESS At Jackson Hole, post-inflation challenges vex central bankers The bankers stressed the need to keep interest rates high until inflation is contained, and wrestled with deep shifts that will make their jobs harder. WORLD Ukraine’s slow offensive buoys Putin and worries allies More than two months into its counteroffensive, Kyiv has so far managed to make only tactical advances against heavily dug-in Russian forces. ASIA PACIFIC Foxconn founder Terry Gou announces Taiwan presidential bid Trailing his competition, he will must secure signatures from around 290,000 voters for his bid to become official. COMMENTARY The global order’s triple policy challenge and the tasks ahead With public and private debt at record levels, political leaders face the monumental task of allocating resources to address critical global challenges. BASKETBALL Japan gets first World Cup win in thriller against Finland Japan head coach Tom Hovasse heaped praise on his players for never giving up during a ‘crazy game.’ BUSINESS More than one-third of desks globally sit empty all week long The dearth of desk usage could prompt employers to rethink their real estate needs. Attack the SystemTweetMore Print (Opens in new window) Print Share on Tumblr Share on Reddit (Opens in new window) Reddit Categories: Geopolitics