- Uniqlo mother or father despatched huge sign with wage hike announcement
- Pay in Japan has been flat for many years
- Small companies have little room to lift wages
World
Japan Inc is finally giving raises, just not to everyone
TOKYO, Jan 18 (Reuters) – Japan’s high corporations are gearing as much as supply their largest wage will increase in many years, however there is no approach Hideki Kawada can afford raises for the 18 workers at his printing agency.
Prime Minister Fumio Kishida has known as on Japan Inc to extend pay and reverse many years of flat wages which have squeezed development on this planet’s third-largest financial system.
Quick Retailing Co Ltd (9983.T), which owns clothes large Uniqlo, stated it will enhance pay by as much as 40%, fuelling expectations huge producers will supply extra at annual wage talks with unions this spring.
But the small corporations that present most of Japan’s jobs typically cannot enhance pay, enterprise house owners, economists and officers say. Battered by the pandemic, small companies now battle to move on greater prices out of worry of shedding prospects.
That is dangerous information for each Kishida and the central financial institution, which needs to wind down years of stimulus. The dearth of broad wage development illustrates Japan’s battle to flee a deflationary spiral that has compelled households and companies to scrimp as an alternative of spend.
“Positive we may give raises, that is straightforward, however we would be out of enterprise in two years,” stated Kawada, whose Tokyo firm, Kowa, prints commercials and brochures.
The price of paper went up 3 times final yr and his capacity to lift costs is proscribed by competitors.
“The businesses that may maintain out and supply decrease costs, even briefly, get the work,” he stated. “Everybody’s shedding cash, so it is only a case of putting up with so long as you possibly can till the opposite guys exit of enterprise.”
Kawada has taken the corporate his father based into net manufacturing and video, however would not see sufficient of a future to move it all the way down to his son. He’s contemplating shutting it when he retires.
‘MONOZUKURI’
Japan’s largest labour group, Rengo, has known as for a 5% pay enhance at spring talks and massive companies are seen providing round 2.9%, the largest bump in 26 years.
Some members of Tokyo Union, which represents round 600 staff primarily at small corporations, will see “a little bit little bit of a increase, in the event that they actually demand it,” stated deputy chairman Tatsuya Sekiguchi.
Final yr some workplaces saved up with the price of dwelling and only a few acquired a little bit further, he stated. Many workplaces nonetheless have not recovered from the pandemic, he stated
Small and mid-size companies account for 99% of the businesses in Japan and nearly 70% of employment, in response to a 2016 authorities survey, the most recent obtainable.
They type the spine of producing, or “monozukuri”, constructed on tiers of suppliers from tiny subcontractors up. Toyota Motor Corp has some 60,000 suppliers.
Small corporations wish to increase wages however are on the mercy of shoppers, stated Takumi Tsunoda, a senior economist at Shinkin Central Financial institution Analysis Institute.
“Their largest fear is that prospects will shift to a different provider. They really feel they don’t have any selection however to place up with inconceivable calls for from huge corporations.”
Small and medium-sized companies are passing on simply 47% of upper prices to patrons, a September survey from the ministry of commerce and business confirmed. That was “not enough” and an indication suppliers had been shouldering lots of the burden, stated ministry official Hiroyuki Sameshima.
The pattern is most obvious in industries with many small suppliers. Trucking corporations, for instance, are capable of move on solely 19% of their value will increase, he stated.
The honest commerce watchdog final month named 13 huge corporations it stated refused to simply accept greater costs from suppliers. None had been accused of criminal activity, however the public shaming was seen as try to get them to pay extra.
UNPROFITABLE
Kazeya Ono, a 28-year-old clothes retailer employee, stated he cannot think about the wage scenario ever bettering.
“Our technology was born after Japan’s bubble burst. We’ve got by no means seen a booming financial system.”
In greenback phrases, Japan’s common annual pay totalled $39,711 in 2021, effectively under the OECD common of $51,607 and little modified from the early Nineteen Nineties. That is put stress on family consumption, which accounts for greater than half of Japan’s financial system.
Actual wages, which keep in mind inflation, have had their largest hit in eight years.
Sustained wage will increase will stay elusive so long as many unprofitable small corporations stay, stated Masaaki Kanno, chief economist at Sony Monetary Group and a former central financial institution official.
Weak corporations have been helped by authorities stimulus, particularly by way of the pandemic.
Low-wage staff cope by reducing again spending. Half-timers are sometimes housewives who do issues like concentrate on amassing loyalty factors to save cash, stated Keitaro Kawakami, analysis adviser at Shufu JOB Analysis Institute.
Kawada, the print store proprietor, hasn’t taken on a brand new graduate in practically 20 years – though they’re cheaper than mid-career hires. He cannot assure a job for all times for a youthful employee.
“If we exit of enterprise, it will not simply be an issue for me, however for the workers and their households,” he stated. “We’ve got to discover a strategy to survive as an organization and do our greatest collectively.”
($1 = 128.1300 yen)
Reporting by David Dolan and Daniel Leussink; Further reporting by Rocky Swift, Elaine Lies, Miho Uranaka and Sakura Murakami; Modifying by Kim Coghill
Our Requirements: The Thomson Reuters Belief Ideas.
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World
Memes, Jokes and Cats: South Koreans Use Parody for Political Protest
As South Koreans took to the streets this month demanding the ousting of their president, some found an unexpected outlet to express their fury: jokes and satire.
They hoisted banners and flags with whimsical messages about cats, sea otters and food. They waved signs joking that President Yoon Suk Yeol’s declaration of martial law had forced them to leave the comfort of their beds. Pictures of the flags spread widely on social media.
The idea was to use humor to build solidarity against Mr. Yoon, who has vowed to fight his impeachment over his ill-fated martial law decree on Dec. 3. Some waved flags for nonexistent groups like the so-called Dumpling Association, a parody of real groups like labor unions, churches or student clubs.
“I just wanted to show that we were here as part of the people even if we aren’t actually a part of a civic group,” said Kim Sae-rim, 28, who waved the flag of the dumpling group at a recent protest she went to with friends. Some groups referred to other local favorites like pizza and red bean pastries.
Kwon Oh-hyouck, a veteran protester, said that he had first seen such flags emerge during demonstrations in 2016 and 2017 that ultimately resulted in the removal of President Park Geun-hye. Mr. Kwon said that satire was part of the Korean spirit of protest.
“People satirize serious situations, even when those in power come out with guns and knives,” he said. “They are not intimidated.”
In the past month, protesters have come up with a wide range of unorthodox groupings. Some were self-proclaimed homebodies. Still others came together as people who suffered from motion sickness.
Lee Kihoon, a professor of modern Korean history at Yonsei University in Seoul, said that he believed the flags at this month’s protests were an expression of the diversity of people galvanized by the president’s attempt to impose military rule.
“They’re trying to say: ‘Even for those of us who have nothing to do with political groups, this situation is unacceptable,’” he said. “‘I’m not a member of a party or anything, but this is outrageous.’”
Some held signs ridiculing Mr. Yoon, saying that he had separated them from their pets at home and disrupted their routine of watching Korean dramas. One group called itself a union of people running behind schedule, referring to the idea that the need to protest over martial law had forced them to reschedule their appointments.
And of course, there were animals, both real and fake.
South Koreans have shown that protests for serious causes — like the ousting of a president — can still have an inviting, optimistic and carnival-like atmosphere.
“I don’t know if the protesters realize it, but even though they’re angry, they haven’t gotten solemn, heavy or moralistic,” Mr. Lee said. “The flags have had an effect of softening and relaxing the tension.”
On the day that lawmakers voted to impeach Mr. Yoon, protesters who were K-pop fans brought lightsticks to rallies and danced to pop songs blasting from speakers. “Even though this is a serious day,” said Lee Jung-min, a 31-year-old fan of the band Big Bang, “we might as well enjoy it and keep spirits up.”
World
Two US Navy pilots shot down over Red Sea in apparent 'friendly fire' incident: US military
Two U.S. Navy pilots were shot down Sunday over the Red Sea in what appeared to be “friendly fire”, the U.S. military said.
The pilots were found alive after they ejected from their aircraft, with one suffering minor injuries.
The incident demonstrates the pervasive dangers in the Red Sea corridor amid ongoing attacks on shipping by the Iranian-backed Houthis, even as U.S. and European military coalitions patrol the area.
The U.S. military had conducted airstrikes targeting Yemen’s Houthi rebels at the time, but U.S. Central Command did not elaborate on what their mission was.
US NAVY SHIPS REPEL ATTACK FROM HOUTHIS IN GULF OF ADEN
The military said the aircraft shot down was a two-seat F/A-18 Super Hornet fighter jet assigned to the “Red Rippers” of Strike Fighter Squadron 11 out of Naval Air Station Oceana, Virginia.
The F/A-18 shot down had just flown off the deck of the USS Harry S. Truman aircraft carrier, according to Central Command. On Dec. 15, Central Command said the Truman had entered the Mideast, but did not specify that the carrier and its battle group were in the Red Sea.
“The guided missile cruiser USS Gettysburg, which is part of the USS Harry S. Truman Carrier Strike Group, mistakenly fired on and hit the F/A-18,” Central Command said in a statement.
It is unclear how the Gettysburg had mistaked an F/A-18 for an enemy aircraft or missile, particularly since ships in a battle group are linked by radar and radio communication.
US MILITARY CONDUCTS SUCCESSFUL AIRSTRIKES ON HOUTHI REBEL FORCES IN YEMEN
Central Command said that warships and aircraft earlier shot down multiple Houthi drones and an anti-ship cruise missile launched by the rebels. Fire from the Houthis has previously forced sailors to make decisions in seconds.
The U.S., since the Truman arrived, has ramped up its airstrikes targeting the Houthis and their missile fire into the Red Sea and the surrounding area. But an American warship group in the region may lead to additional attacks from the rebels.
On Saturday night and into Sunday, U.S. warplanes conducted airstrikes that shook Yemen’s capital of Sanaa, which the Houthis have held for a decade. Central Command said the strikes targeted a “missile storage facility” and a “command-and-control facility.”
Houthi-controlled media reported strikes in both Sanaa and around the port city of Hodeida, but did not disclose details on any casualties or damage.
The Houthis later acknowledged the aircraft being shot down in the Red Sea.
Since the start of the Israel-Hamas war in October of last year, the Houthis have targeted about 100 merchant vessels with missiles and drones.
The rebels say that they target ships linked to Israel, the U.S. or the U.K. to force an end to Israel’s war against Hamas in Gaza, which began after Hamas’ surprise attack against Israel on Oct. 7, 2023, although many of the ships the rebels have attacked have little or no connection to the ongoing war, including some headed for Iran.
The Houthis also have increasingly targeted Israel with drones and missiles, leading to retaliatory airstrikes from Israeli forces.
The Associated Press contributed to this report.
World
AfD party calls for big rally after Germany's Christmas market attack
Leading right-wing figures in Europe have also weighed in, criticising the German authorities for failing to take stronger preventative action.
German far-right political party Alternative for Germany (AfD) is calling for a major rally following the attack at a Christmas market in Magdeburg which left several people dead and hundreds injured.
At a memorial site for the victims, AfD co-leader Tino Chrupalla called on Interior Minister Nancy Faeser to take stronger action to ensure the safety of the German public.
“I am now demanding answers from the interior minister: What is actually going on here in this country? What is actually happening in this country? We put up with it week after week, we put up with attacks, we put up with murders of our own people. This has to be cleared up now, and these phrases from politicians that things can’t go on like this, which I’ve heard again today, are actually upsetting,” Chrupalla told the press at the site.
Experts are now raising concerns that far-right groups could exploit the tragedy to fuel their anti-immigration rhetoric after police identified the assailant as a doctor from Saudi Arabia.
“Magdeburg is in eastern Germany where the support for the AfD is quite high. So, in elections usually, they have in the region more than one-third of the votes. So about 30% of the votes in the city, not as much as in the rural areas around,” says Matthias Quent, Professor of Sociology at Magdeburg-Stendal University of Applied Sciences.
“The region in general, eastern Germany, is a hotspot of far-right mobilisations. And we are facing election campaigns until the federal elections in February. And so this is not just a critical time because of Christmas and the trust that gets destroyed by such an attack but, also, regarding questions of disinformation and polarisation and the spread of hate that will and could happen over these kinds of attacks now,” he added.
Leading right-wing figures in Europe have also weighed in, criticising the German authorities for failing to take stronger preventative action.
Hungarian Prime Minister Viktor Orbán drew a direct link between immigration and Friday’s deadly attack in Germany, telling a news conference on Saturday, “These phenomena have only existed in Europe since the start of the migration crisis. So there is no doubt that there is a link between the changed world in Western Europe, the migration that flows there, especially illegal migration and terrorist acts.”
However, Quent explains that this particular case becomes more complex as further details emerge on the background of the attacker.
Investigators have found that the perpetrator had tried to build connections to far-right organisations in Germany and the UK, including Germany’s far-right AfD party as well as Tommy Robinson, the founder of the far-right English Defence League.
“So it’s a very complicated case we are facing here. And it’s not an Islamist attack. It’s quite sure, a kind of anti-Islam. More like far-right attacks than any other, if you want to search a kind of context on the political radar,” Quent says.
Identified by local media as 50-year-old Taleb A., a psychiatry and psychotherapy specialist, authorities said he had been living in Germany for two decades.
Taleb’s alleged X account is filled with tweets and retweets focusing on anti-Islam themes and criticism of the religion while sharing congratulatory notes to Muslims who left the faith.
He also described himself as a former Muslim.
He was critical of German authorities, saying they had failed to do enough to combat the “Islamism of Europe.”
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