Today (the 23rd) we start with news from Japan.
Japan is doing very well these days.
The Japanese stock market has been on a tear lately.
The Nikkei, Japan’s leading stock index, was up for eight straight trading days before yesterday.
That’s a 33-year high.
[anchor].
Japan recently “surprised” the world by turning its economic growth into a positive number for the third quarter in a row, so I’m curious, why is the Japanese stock market doing so well?
[Caster]
Well, NHK reports that the strong performance of Japanese companies has attracted foreign investors.
It is analyzed that this is due to a combination of favorable factors such as a weak yen토토사이트, strong domestic demand, investment in semiconductors, and high strategic value in geopolitics.
Overseas media have also started to take notice of Japan’s situation.
The Financial Times reports.
They even highlighted Japan in an article titled “How Japan got its swagger back.
Our stock market continues to be bad or stuck in the middle of nowhere, and it makes me sick to my stomach, doesn’t it?
[Caster]
Well, it’s not just the stock market that’s going up.
Prime Minister Fumio Kishida’s cabinet approval ratings are soaring.
Let’s take a look at the Yomiuri Shimbun.
It’s titled, “Kishida’s cabinet approval rating at 56%, up 9 points due to summit effect.
That’s almost 10 percentage points in one month.
It’s a perfect rebound in approval ratings after a string of diplomatic achievements this year, including improving bilateral relations with Japan and hosting a successful G7.
I’ve heard that domestic investors are also turning to Japan recently.
Our country should be more nervous.
[Caster]
Yes, which brings us to our next story.
Let’s go to a country that is the opposite of Japan.
Argentina, the country of Messi, the “God of Soccer,” whose economy is rapidly collapsing.
First, a quick video.
There are long lines at soup kitchens.
People look exhausted.
We see people sifting through trash in a landfill.
Let’s take a moment to listen to an interview with a citizen.
[Citizen, Argentina: I stopped eating out. I haven’t had a vacation in four years. I sold my car because I couldn’t pay for insurance and stuff].
[Caster]
Last month, Argentina’s inflation rate hit a whopping 109%.
109% inflation, I can’t even imagine.
So much so that they’re saying the currency is really worth a piece of toilet paper.
As the UK’s Financial Times put it.
They interviewed a local resident who said, “Instead of wallpaper, they’re covering it with banknotes.”
[anchor].
I mean, it’s not even worth the cost of wallpaper anymore, and there have even been incidents of robbers breaking into supermarkets and not taking the Argentine peso because they say it’s worthless. How did we get to this point?
[Castor]
It’s a combination of excessive entitlements and populist policies, even when the country’s finances were depleted, that led to this economic collapse.
Some say Argentina is facing its 10th sovereign default.
I am worried that the suffering of the Argentine people will not be resolved easily.
Let’s continue with the news that has been trending on the internet and social media.
Many people buy lottery tickets in hopes of winning the jackpot.
But in Australia, the next best thing to a windfall fell out of the sky.
It’s a pitch-black night, and suddenly there’s a strange flash of light.
A fireball was captured swooping down from the skies over Queensland, Australia.
From blue to red light, it’s a once-in-a-lifetime spectacle…
[Reporter]
What is it?
[Caster]
The identity of the flash has not been officially revealed, but many experts have described it as a meteor.
They call it a shooting star.
But because the flash was so big, it was like, “What the heck is that?
“Is it a plane crash?” “Is it space junk?
Sightings poured in.
Experts were analyzing the speed of sound and the bang, and they pointed the meteor to Croydon, a small coastal town of less than 300 people.
Then, out-of-towners were reportedly flocking to the town to “pick up meteorites.
They say they fetch a high price because of their rarity, and there are even meteorite hunters.
[Caster]
Yeah, they don’t call it the cosmic lotto for nothing.
They lose a lot of their shape when they enter the atmosphere, so the chances of finding an intact meteorite are very low, but if you pick one up, it’s a big deal.
Moreover, if it contains a lot of metals such as iron, its value can reach hundreds of millions of won.
Maybe we should stop buying lottery tickets every week and go star hunting instead.
Wow, this is a real top gun, a fighter jet cutting through the sky.
Higher and higher it soars, and then it plummets to the ground.
It bursts into flames and explodes.
This happened at an air base in Spain
Movie row, is everyone inside okay?
[Caster]
The pilot dramatically ejected from his seat just before the plane crashed.
He’s being treated in the hospital, but they say his injuries are not life-threatening.
I think it’s more like a movie.
There were no other casualties on the ground as a result of the crash.
Thank goodness, but why did this crash happen in the first place?
[Caster]
The exact cause of the accident is still unknown.
Apparently, the pilot was practicing for an air show.
Suddenly, the plane experienced an aircraft malfunction and lost its balance, which is believed to have led to the crash.
[Reporter]
I think it’s something that happens when you forget.
I don’t know why these accidents keep happening.
[Caster]
Yeah, and it’s not just in Spain.
There have been similar crashes in the United States, the United Kingdom, Italy, and elsewhere.
in the United States, the United Kingdom, Italy, and elsewhere.
Hopefully, we can put an end to this, get it right, and prepare for it so we don’t have to hear about it again.