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Toyota pulls Olympics commercials

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Tokyo Olympics

A leading sponsor of the Tokyo Olympics is seeking to distance itself from the increasingly controversial event.

Toyota Motor Corp. has decided not to air any Olympics television commercials in Japan, despite being a top-tier sponsor.

The automaker had already prepared a television commercial, which features athletes who are taking part in the Games. But the ad won’t see the light of day.

The automaker has also confirmed its President won’t be attending this week’s opening ceremony.

Toyota says it will “fully support the athletes and contribute to the games by providing vehicles and through other means”.

A spokesperson for the automaker told Japan’s daily Yomiuri newspaper that “the Olympics is becoming an event that has not gained the public’s understanding”.

Taka Masaya, a spokesman for the Tokyo Olympics acknowledges that there is “a mixed public sentiment towards the games”.

“There must be a decision by each company in terms of how they should be able to convey their messages to the public audiences from a corporate perspective,” Masaya told a press conference on Monday.

Safe and secure?

Japan’s Prime Minister Yoshihide Suga has repeatedly promised that the Olympic Games will be a “safe and secure” event.

But with four days until the opening ceremony, a new poll shows two-thirds of people in Japan don’t believe him.

In a poll published by the Asahi newspaper, 68 per cent of respondents said they don’t believe the country can host a safe and secure games.

55 per cent of respondents also say they are opposed to the Games going ahead.

Tokyo was recently placed under its fourth state of emergency, and new cases in the host city have exceeded 1,000 for five consecutive days.

Two footballers from South Africa on the weekend became the first athletes to test positive for COVID-19 in the athletes village.

Organisers have so far reported 58 infections related to the Games.

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Trump orders Pentagon to resume nuclear testing immediately

Trump orders Pentagon to resume nuclear testing, raising concerns over arms race and global safety

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Trump orders Pentagon to resume nuclear testing, raising concerns over arms race and global safety

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In Short:
– Trump ordered the Pentagon to resume nuclear testing, risking global tensions and retaliation from other nations.
– Proliferation concerns are rising as nuclear states modernise arsenals and the New START Treaty nears expiration.
US President Donald Trump has ordered the Pentagon to resume nuclear weapons testing immediately, aiming to align with testing programs from other countries according to the conversation.Resuming explosive nuclear tests would likely trigger retaliatory responses from nuclear-armed nations like Russia and China, worsening the arms race and increasing global risks.

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The potential for worldwide radioactive fallout remains high, even for underground tests. The Comprehensive Nuclear Test Ban Treaty, signed by 187 states, prohibits such testing, yet the US remains a signatory without ratification, bound not to violate the treaty’s intent.

Nuclear weapon testing, once crucial for understanding weapon effects and military planning, has diminished. Since World War II, nuclear tests have largely focused on developing new designs. Significant environmental and health concerns led to a moratorium on atmospheric testing in the early 1960s and the Partial Test Ban Treaty in 1963.

Many countries, including the US, stopped explosive testing in the 1990s. Technological advancements allowed nations to develop nuclear weapons without the need for actual explosions.

Proliferation Risks

Nuclear proliferation continues, with all nine nuclear-armed states investing heavily in modernising their arsenals. This raises concerns about lowered thresholds for using such weapons.

Recent conflicts involving nuclear threats have escalated, and the number of nuclear weapons operationally available has begun to rise again. Russia has tested advanced nuclear weapons, while China is rapidly expanding its military capabilities.

The New START Treaty, which confines the nuclear capabilities of the US and Russia, is set to expire soon, with no successor treaty negotiations underway.

The Doomsday Clock has moved closer to midnight this year, highlighting the heightened dangers facing the world today.

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US–China trade talks are a handshake, not a deal

Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.

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Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.


Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.

Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.

#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews


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Markets cautious as rate cut hopes fade

Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.

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Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.


Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.

#Markets #Fed #InterestRates #Inflation #TechStocks #CapitalMarkets #TickerNews #Economy #FinancialUpdate


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