Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter highlighting Prime Minister Shigeru Ishiba’s $250bn economic stimulus package in Japan, aimed at addressing rising prices and adjusting to inflation. The package includes a significant rise in the minimum salary threshold for income tax, a key initiative of the Democratic People’s Party, reflecting the fragility of Ishiba’s government. Analysts anticipate a BoJ interest rate hike in December amidst concerns over fiscal discipline and inflation’s impact on tax revenue and debt stock, with the weak yen affecting energy and food prices in Japan.
Full Article
Crafting a Haggis for American Tastes (and Import Restrictions)
Scottish Americans and expats celebrating Robert Burns' birthday may find traditional haggis lacking due to the absence of sheep lung, a key ingredient banned in the US. Macsween has developed a recipe for haggis with lamb heart to meet import guidelines, aiming to introduce authentic Scottish haggis to the American market. While some question the authenticity of the American-made haggis, others see the potential for haggis to be incorporated into various dishes beyond Burns Night...
Read more