A phrase I always heard when studying at collage ;”:
History never repeats itself but mirrors it
Looking back at other crashes gives us a interesting outlook , 60% of the time the index goes up the following week .
On Tuesday of this week, Japan will begin restarting its nuclear power programme, officials said, after a two-year shutdown sparked by public fears following the Fukushima crisis.
The restart comes more than four years after a quake-sparked tsunami triggered meltdowns at the Fukushima plant, prompting the shutdown of Japan’s stable of reactors in the world’s worst atomic crisis in a generation.
Resource-poor Japan, which once relied on nuclear power for a quarter of its electricity, restarted two reactors temporarily to feed its needs, according to deVere Group sources. However, they both went offline by September 2013, making it completely nuclear-free for about two years.
Japan has ushered in tougher safety rules to avoid a repeat of Fukushima, including more backup prevention measures and higher tsunami-blocking walls in areas most susceptible to them.
The government of Prime Minister Shinzo Abe is keen to get some of about four dozen reactors back up and running. So are the power companies that own them, fed up with having to make up lost generating capacity with pricey fossil fuels.
“It is important for the country’s energy policy that the government go ahead with reactor restarts once they are confirmed as safe,” top government spokesman Yoshihide Suga told reporters Monday.
“The biggest priority is safety.”
The reactor No. 1 at the Sendai nuclear plant, nearly 1,000 kilometres (620 miles) southwest of Tokyo, has been loaded with atomic fuel. Its operator announced Monday the reactor would be switched on by 10:30 am (0130 GMT) Tuesday.
deVere Group is the world’s leading independent financial consultancy offering various financial services such as retirement planning, education planning and private pension guidance.
Japan is on the receiving end of a warning from the International Monetary Fund (IMF) about the risk of slow growth, stagflation and a new round of turmoil in financial markets. The IMF has urged Japan to “reload” its Abenomics reforms to prevent this from happening. Currently the Bank of Japan quantive easing ¥80 trillion ($712 billion) the same as the GDP of the Netherlands , an extra 10 Trillion in my option would weaken the yen by 5/7% and the Nikkei rise by 9/11%…
According to the Financial Times, IMF economists have said that Japan is seeing a modest recovery at the moment and that there would be annual growth of 0.8% by the end of the year, followed by 1.2% in 2016. However, the economy is fragile, the report states.
This is because imperative structural reforms required to bring the economy out of its slow growth and back on track have stalled and it comes at a time when Japan’s public debts were expected to hit 250% of GDP over the next five years.
The Bank of Japan has also been told that it needs to be ready to ease monetary policy further and do a better job of communicating its intentions to markets as inflation – which they forecast would hit 0.7% this year – continued to rise more slowly than expected towards the central bank’s 2% target.
Overall the IMF offered a sobering assessment of Prime Minister Shinzo Abe’s efforts to revive the Japanese economy, arguing that his reforms were failing to deliver as promised.
I was analysing some data this morning I came across a very interesting fact,
Chinese stocks have lost $2.36 trillion in value !
According to the World Bank Greece GDP stood at $242billion .
So China on average has lost one Greece GDP every 2 days .
Many people worried about Greece maybe the concern should go to China ?
Tokyo Japan ,
The final fight at the Tony Evans and deVere Group EFN V. Meet the Fighters: John “The Butcher” Trollope vs Patrick “The Roppongi Rampage” Wheen. Who will win?
6月19日のグランドハイアットでのTony Evans and deVere Group EFN Vの第8試合はJohn “The Butcher” Trollope vs Patrick “The Roppongi Rampage” Wheenです。どちらが勝つと思いますか？
Fight commences at 22:45 UTC
Age – 38
Nickname – “The Butcher”
Nationality – Filipino-American
Assessment day weight – 94.8 kg
Been training since – January 17, 2015
Company – IKEA Japan
Position – Project/Team Leader
Why did you begin boxing? I got into boxing because of my wife, who is also an EFN V fighter. She began training roughly 5 months earlier and I could see the positive impact it had on her; both physically and mentally. She was more energized than normal after her training sessions and couldn’t stop talking about boxing. Her energy was contagious and I wanted to support her in reaching her goal to make the EFN cut. I decided to sign-up for a boxing boot camp in January to learn the basics in order to properly train together. We were quickly hooked and found ourselves training regularly. We even got our 6 year old son hooked! There is nothing better than a sparring session with your better half to show your love on Valentine’s Day.
Why are you fighting? I’m a softy when it comes to kids, especially when it comes to kids who face tough battles. If fighting for only 6 minutes (maximum) can make a small, but positive impact on the lives that need the support of Shine On! Kids … then sign me up!
Favorite quotes – ““If you are going through hell, keep going”. Winston Churchill
“You truly do not know how tall you are, until you are forced to rise”
“I choose to listen, rather than wait to speak””
Message to kids – Even though we have not met, I have you in my thoughts each time I train. You push me when I need that extra push. I can only hope that I can make you proud, or at least make you smile. I’m in your corner! YNWA (You’ll Never Walk Alone).
Age – 31
Nickname – “The Roppongi Rampage”
Nationality – British
Assessment day weight – 97.3 kg
Been training for – 3 months (this time)
Company – Deutsche Bank
Position – Associate
Why are you fighting? I like fighting
Favorite quote – “I’d rather have a bottle in front of me than a frontal lobotomy”
Message to kids – You`re facing much bigger challenges then ours and unlike us, never stop fighting!!!
Charity of the Evening :
Childhood cancer is the number one cause of death for children in Japan after accidents. A child is diagnosed with cancer in Japan about once every 3-4 hours each day. While the prognosis for many childhood cancers has improved significantly, the treatment process is still long and grueling. Children undergoing treatment for cancer in Japan are generally hospitalized for quite a long time – 6 months to one year or more. This puts an incredible burden on the patients and on the family supporting them. For example, mothers go to the hospital daily, staying from early morning until their child goes to sleep at night. By necessity, their world becomes the hospital, even if this is at the expense of spending time with the rest of their family. For the children undergoing cancer treatment, hospitalization can be isolating (often children under 12 are not allowed to visit the cancer ward) and frustrating. Most kids in treatment really want nothing more than to do normal kid things – like play with friends, eat what they want and go to school.
Drawing from the personal experience of the Ferris’, listening to the needs of parents and with the guidance of a quality Japanese medical advisory team, Shine On! Kids is working towards the following goals:
Main sponsor of the Evening:
deVere Group is the world’s leading independent financial consultancy group, with more than $10 billion of funds under advice and administration, and over 80,000 clients around the world. We help our clients, who range from international investors to expatriates who have moved their families overseas to live and work, to find financial strategies and investment vehicles that are best suited to help them create wealth.
deVere Group helps clients safeguard and grow their money, according to their medium- to long- term requirements. Services we offer include insurance policies, investment options, savings and pensions. Our operations are carried out on a case-by-case basis by our qualified network of international financial advisers, allowing us to take each client’s goals and expectations into consideration when charting our financial plans and delivering the professional financial advisory services we are renowned for.
With deVere Group, international investors can rest assured that their financial portfolio is in safe, experienced hands that know what it takes to make wealth grow.