To the deflationary spiral however now because theres a strong trend of Wage Increases, Finance Minister Shunichi Suzuki says its over. Joining me now is seijiro takeshita, whos a professor at the university of shizuoka. Thank you for being with us today. Talk to us first of all, this is a pretty unique set of circumstances that japan has pretty unique set of circumstances thatjapan has been pretty unique set of circumstances that japan has been through for the past generation. It is todays Declaration Calls for celebration . Yes, i would think so. Concerning the fact that for two decades, we havent seen any wage rise. Where the only country to do that. There are a lot of recurring profits, bits nine redeeming to their employees. This is, in that sense, a remarkable change. In most of the estimates, there were around 4 , but now its been reported to be around 5. 2, exceeding expectations. fist been reported to be around 5. 2, exceeding expectations. Been reported to be around 5. 2, ex
American Steel Company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. And not just politically. Nippon and notjust politically. Nippon steel is said to pay 14. 9 billion to acquire us giant. But politically, this is territory President Biden knows too well. He is custom self as a champion of the Working Class and called themselves the most prounion president in history. He made headlines for walking the picket line with striking order Union Workers last fall. Unionised steelworkers could land the president support in his election bid, the North American Lustrous Union and for its part, former President Donald Trump pledged to block the deal if he retakes the white house. The president of the United Steelworkers International welcome to the coal from International Welcome to the coalfrom biden on International Welcome to the coal from biden on thursday, agreeing that Foreign Ownership will leave the us more honour
Giant us steel have fallen sharply, after President Biden weighed in to oppose a near 15 billion takeover of the firm by a japanese company. Us steel is based in pittsburgh, pennsylvania a key battleground in this years election. The takeover deal, agreed in december, has caused major controversy there. But any move to block it could raise tensions with japan a vital ally for the us as it tries to counter the growing power of china. From new york, erin delmore reports. President biden is taking a stand against a deal in the making. Us steel, an american company, is set to be bought by nippon steel, a japanese company. But President Biden says that us steel should stay in the us. L115 says that us steel should stay in the us in the us. Us steel the stronger in the us. Us steel the stronger america in the us. Us steel the stronger america is in the us. Us steel the| stronger america is made in the us. Us steel the stronger america is made here. The president praised the iconic 123 year o
American Steel Company and said it is vital that the company remain owned and operated in the us. This is a big deal and notjust politically. Nippon steel is set to pay 14. 9 billion to acquire the us giant. But politically, this is territory President Biden knows well. He has cast himself as the champion of the Working Class and has called himself the most pro Union President in history. He made headlines for walking the picket line with striking Auto Union Workers last fall. Unionised steelworkers could land the president supporting his election bid. The four north americas largest industrial union. For his part, former President Donald Trump pledged to block the deal if he retakes the white house. The president of the United Steel Workers International welcomed the call from biden on thursday, agreeing that Foreign Ownership would leave the us vulnerable when it comes to prioritising its own defence and infrastructure. It is bound to be a topic of conversation between key allies whe
That crash under investigation. Right now severe thunderstorms are Lashing Millions of people from florida to north carolina. More than half of the rain, even tornadoes are possible. Dozens of flights have been delayed or canceled imported today. And the fda has improved away awestruck to also be used in treating serious cardiovascular complications for obese adults with heart disease. That decision could lead to broader Insurance Coverage of the expensive drug and similar treatments. And just moments, the former lead investigator for the january 6 committee on the Ripple Effect of the Supreme Court colorado Ballot Ruling and why there might be some unintended consequences. Plus congressman sarah jacobs of the Foreign Affairs committee on the carious timing around that gaza port project. A very good day to all of you from msnbc. Welcome, everyone, to alex witt reports. We began with President Biden on his way to georgia, where he and donald trump are both campaigning in the swing state