July 18, 2024, 5:22 pm

Japan issues fresh warnings against sharp yen falls

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  • Update Time : Thursday, June 27, 2024


Japanese Finance Minister Shunichi Suzuki speaks during an event during the IMF Spring meetings in Washington

Finance minister says concerned over weak yen impact on economy. Chief cabinet secretary says Tokyo to take ‘appropriate’ action. Weak yen puts pressure on BOJ ahead of July policy meeting.

Japanese authorities will take necessary actions on currencies, Finance Minister Shunichi Suzuki said on Thursday, signalling readiness to intervene in the exchange-rate market after the yen’s slide to a fresh 38-year low against the dollar.

Global cooperation in energy transition, climate change fight urged at Summer Davos


Attendees for the 15th Annual Meeting of the New Champions, also known as the Summer Davos, have called for increased international collaboration to address challenges of energy transition and climate change.

DALIAN, June 25, 2024 (Xinhua) — Guests attend a sub-forum during the 2024 Summer Davos in Dalian, northeast China’s Liaoning Province, June 25, 2024.

Liu Zhenmin, China’s special envoy for climate change, emphasized the need to enhance cooperation and avoid protectionism measures to facilitate energy transition and combat climate change.

Global and regional cooperation is needed in this endeavor, Liu told a panel discussion at the three-day event held in northeast China’s city of Dalian.


Bolivia: Top general arrested after coup attempt fails


Authorities in Bolivia put down a short-lived coup attempt on Wednesday that saw armored vehicles ramming the door of the presidential palace.

Soldiers were also seen entering the building around 4 p.m. local time (2000 GMT/UTC). They later withdrew following condemnation from President Luis Arce and other officials. Bolivian authorities arrested the outgoing general commander of the army, Juan Jose Zuniga, after troops pulled back from Plaza Murillo square housing the main presidential building.

“We denounce irregular mobilizations of some units of the Bolivian Army. Democracy must be respected,” Arce said on social media as the military began to arrive in central La Paz.

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