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BOJ’s Kuroda dismisses view Japan’s policies linked to MMT

“TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Wednesday there is no truth that Japan’s fiscal and monetary policy is linked to “Modern Monetary Theory” (MMT), an idea floated by some U.S. academics to print money unlimitedly to bank-roll government debt for fiscal spending” writes Midwest Communications Inc for 95kqds.com. “The Bank of Japan buys government bonds to create an appropriate shape for the yield curve and achieve its inflation target,” Kuroda told parliament. “It’s not true that Japan’s fiscal and monetary policies are guided on the…

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Trump denies his trade policies are hurting economy

“Those tariffs have reduced the bilateral trade deficit with China from a record-high level last year” reports politico.com. Trump can point to a number of positive economic statistics as he makes his case for a second term as president.You don’t invest.” In the nearly one-hour speech in Manhattan, Trump also said the United States was “close” to striking a preliminary trade deal with China.He called the field of Democratic opponents “crazy” and said the economy would be hurt if one of them were elected. Source: politico.com

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Twitter Seeks Public Opinion For Draft Policy To Curb Fake News

“Twitter, on November 11, announced a draft policy to curb the synthetic and manipulated media that purposely tries to mislead or confuse people” writes Kritti B for inc42.com. With these new policies, Twitter is trying to clear its name from any fake news and misinformation circulated on the platform.One of the major incidents that fueled these policy changes is the Hollywood Actor Jordan Peele’s post back in April 2018.In addition, Twitter added that it will announce the policy changes 30 days prior to its implementations. Source: inc42.com

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McDonald’s CEO left over a workplace relationship — and more companies are adopting romance policies

“Increasingly, US companies are adopting policies addressing workplace romances, a trend that began well before the #MeToo movement galvanized a national conversation surrounding sexual misconduct” writes Alexandra Olson for businessinsider.com. The SHRM study found that 45% employers with workplace romance policies forbid relationships between employees of significant rank differences, while 35% prohibited them between employees who report to the same supervisor. Source: businessinsider.com

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China’s auto industry discusses ways to boost rural car sales: sources

“BEIJING/SHANGHAI (Reuters) – China’s auto industry executives met with government officials over the weekend to discuss ways to promote higher car sales in rural areas, sources familiar with the matter said” writes Midwest Communications Inc for 95kqds.com. The country’s car manufacturers are grappling with the pressures of falling sales in the world’s largest car market and are seeking new policies.Sources with knowledge of the meeting said government officials told participants they were considering policies to expand the second hand car market in rural areas and to improve vehicle retirement policies. Source:…

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Google, Facebook Looking To Change Political Ad Policies Under Increasing Pressure

“And now both, Google and Facebook, are looking to make changes in their political ad policy ahead of the US presidential elections” writes Natasha Mathur for mashable.com. SEE ALSO: Facebook shuts down actual news under the cover of ‘political ads’ policy Major tech giants including Twitter, Google, and Facebook, have come under scanner for promoting misinformation and propaganda on their platform.As per the WSJ report, Google has been conducting internal meetings with its employees regarding the change in political ad policy and more information could be shared by the company…

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WeWork chairman Marcelo Claure told staff he’s trying to clean up WeWork, after firing 13 people for abusing vendor policies

“On Thursday, Business Insider reported that the company’s IT is due for a big overhaul” writes Finanzen Net Gmbh for businessinsider.com. WeWork chairman Marcelo Claure told staff in a memo sent Thursday evening that the company had fired 13 employees after investigating policy abuse.On Thursday, WeWork’s coding bootcamp Flatiron School laid off dozens of employees, Business Insider reported. Source: businessinsider.com

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Why the French economy is outperforming Germany – but can it last?

“The French economy has turned out to be one of the best-performing in Europe this year, to the surprise of economists, and possibly the French government itself” writes Senior Writer for marketwatch.com. The French economy will grow by 1.3% this year against 1.1% for the whole eurozone and 0.4% for Germany, according to European Union forecast published Thursday.And since investment is mostly funded by borrowing in France, French companies have taken full advantage of the loose-money policies of the European Central Bank, Moëc notes.France received more foreign investment projects than…

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Leaked emails show how Facebook wielded its control over user data to hobble rivals like YouTube, Twitter, and Amazon

“User data is a valuable currency for tech companies and sits at the heart of Facebook’s business model” writes Aaron Holmes for businessinsider.com. In one leaked email from June 2013, Facebook employee Jackie Chang describes a decision to restrict Amazon’s access to Facebook user data because Amazon’s wishlist was seen as a competitor to the Facebook Gifts app.High-ranking Facebook employees strategized about how to use Facebook’s vast control of user data in order to hobble specific companies it viewed as threats, according to internal messages that leaked Wednesday.But on multiple…

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