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Added on the 28/10/2015 08:04:00 - Copyright : Reuters EN
Business Insider reports that US retail sales in September increased by nearly 2%, landing above the average economist estimate of 0.8%. This is the fifth straight month of improvement, as the economy continues to reaccelerate after covid caused slowing through the summer. Consumer spending makes up 70% of the U.S. economy. Retail spending is among the economic indicators being closely watched to signal economic recovery health. But, September's initial leap is now slowing to a crawl. As fiscal relief programs expired and direct payments dried up, the pace of retail spending growth has slowed.
Retail sales in Japan rebounded in April after three straight months of falls, possibly proving the Bank of Japan right in their rosier view of the economy. Meg Teckman reports.
Tokyo, Jun 23 (EFE).-The Tokyo 2020 Olympics is set to kick off on July 23, but the Japanese population is divided over whether to stage the Games amid the coronavirus pandemic.Local organizers, the Japanese government, and the International Olympic Committee (IOC) have worked around the clock since postponing the games until 2021 to design infection prevention measures, renegotiate contracts and rearrange the dimensions of the event. (Camera: MARIA ROLDÁN)SHOT LIST: GENERAL B-ROLL OF TOKYO AHEAD OF THE OLYMPIC GAMES. SOUND BITES: Kana:I want to see them. The fan areas have been canceled to view them and thus there is less opportunity to enjoy them, even if the Games are held here. And I think the next ones will not be happening in a long time.Mikio WatanukiI think this is how they should be celebrated. Because after postponing the Games for a year and the effort that the athletes have made controlling their condition and now I imagine that doing them without an audience ... If I were an athlete, I imagine that I could not give 100% in my performance without an audience there.Shimicchi“Vaccination is starting now (in Japan) and they should control the public more. If they do not reduce the number of spectators, when the Games are over, the same thing that happened with the Go To campaign last year, in September, which spread infections throughout Japan could repeat itself.