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Economic news


Kyoto   Hakone

Economic news

Fed Minutes ``Slower Pace of Rate Hikes May Be Appropriate''

2022-08-18 06:49:00
The minutes of last month's meeting where the Federal Reserve Board, the central bank of the United States, decided to raise the interest rate to 0.75% for the second consecutive time has been released. It turns out that participants shared the view that a slower pace of rate hikes could be appropriate at some point as monetary tightening tightens to keep inflation in check.

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"Sakhalin 2" new company notifies Japanese side that there will be no change in gas prices, etc.

2022-08-17 21:13:00
With the establishment of a new company to take over the Russian oil and natural gas development project "Sakhalin 2", attention has been focused on whether Japanese electric power companies can continue gas purchase contracts. Interviews with people involved revealed that the Russian side is presenting to electric power companies and other parties that conditions such as prices and procurement volumes will not change, and asking them to sign contracts.

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Minister of Economy, Trade and Industry requests Mitsubishi Corporation to consider participation in new Sakhalin 2 company

2022-08-17 18:08:00
In response to the establishment of a new company by the Russian government to take over the business of the oil and natural gas development project "Sakhalin 2", Minister of Economy, Trade and Industry Nishimura Nishimura announced in Tokyo on the 17th that Mitsubishi Corporation, a major trading company, will establish a new company. I asked them to positively consider participating in the company.

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Kyoto   Mt.Fuji


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