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Japanese government sending “inconsistent signal” | ticker NEWS

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Olympics host-city Tokyo, currently under its fourth state of emergency, has recorded a record number of fresh infections.

Tokyo recorded  2848 COVID-19 infections on Tuesday, the city’s highest daily tally since the pandemic began.

Japanese Prime Minister Yoshihide Suga has again called on people “to watch the Olympic Games on TV at home” and to avoid non-essential outings.

Despite the surge in infections, the Prime Minister has also ruled out cancelling the Olympics.

Local media report that hospitals in Tokyo have been asked to prepare more beds for COVID-19 patients.

Japanese public health expert Dr. Kenji Shibuya has told Ticker News he is “really concerned by the current situation” in Tokyo.

He’s not convinced that Tokyo is equipped to deal with the rising case numbers.

“When I talk to my colleagues, and doctors working on the ground, they’re starting to be overwhelmed already so I’m really concerned by the situation.”

Dr. kenji shibuya

Tokyo is currently under its fourth state of emergency, which is set to run until after the Olympics finish.

The Asahi newspaper reports that three neighbouring prefectures are set to ask the government to declare states of emergencies for their regions, given the worsening situation in Tokyo.

Dr. Shibuya believes the decision to proceed with the Olympics sent a confusing message to the public about the need to stay home.

“Before the Olympics, the Government had not suppressed the transmission. Experts expected a resurgence but the government continued to send an inconsistent signal that people should stay at home, [while] people should also celebrate the Olympics,” he told Ticker News.

Has Japan’s Olympics “bubble” burst?

Games organisers have now reported 169 COVID-19 cases that are linked to the Olympics.

Despite concerns that the Olympics could turn into a super-spreader event, there are strict health protocols in place for athletes, officials and members of the media.

An IOC spokesperson says the public should be reassured by these anti-virus measures.

But Dr. Shibuya, who is a former director of the Institute for Population Health at King’s College London, says the isolation bubble system set up to control COVID-19 infections has “burst”.

“There’s a growing number of cases amongst athletes, delegates and journalists who are supposed to be within a bubble system. But in reality, there are quite a few holes in the bubble system. I think it has already burst.”

Dr. kenji shibuya

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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

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Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy


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Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

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Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy


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