Domestic economy has not done so well and consumption is down on the quarter and investment spending is treading water. In that respect it would be premature to say the japanese economy is Out Of The Woods but it is a positive surprise. This is a tricky it is a positive surprise. This is a tricky balance it is a positive surprise. This is a tricky balance for it is a positive surprise. This is a tricky balance forjapan because they have been trying to boost inflation unlike some other g7 economies yet they are having a problem, people arent feeling confident in purchasing and buying things there. How do they balance this . They balance this . Indeed, thats the they balance this . Indeed, thats the milliondollar i thats the Million Dollar question right now. Weve had a pretty good result for these spring Wage Negotiations this year and wage growth is picking up year and wage growth is picking up injapan so in that respect things are changing. But the wage gains we are seeing now are not
Its estimated that could cost more than 5 billion. One of the buildings which was destroyed was the grace baptist church. Our correspondent sophie long is in hawaii and spoke to some of the congregation. The fire left more than a city devastated, and charred black buildings behind. Questions hover above the emptiness. How can you rebuild from this . What will exist here in the future . A now churchless congregation gathers at a coffee shop to share their pain. One of the Police Officers sent me pictures. It used to be my house. I wept, but weeping is not a lack of faith. Thank god that he gave us tears. Amazing grace. There are so many questions that remain without answers. Why did one survive to sit in a makeshift church when their neighbour didnt . What will become of their community so crippled by a loss thats still being counted . I dont think it will ever be the same. I hope it will be better. Thats my prayer. And i believe that, i think one day, you know, it can be an even better
Authorities say they expect the death toll to rise significantly. Wildfires are still burning and firefighters are working to bring them under control. These pictures are from the Us National Guard which is providing assistance. Hawaiians are donating supplies to be sent to the worst affected areas. But locals on the island of maui say much more help is needed. Hawaiis governor gave this update. It is a harrowing sight in maui. When those providers, the police in this division, do come across scenes in houses or businesses, its very difficult for them because they know ultimately theyll be sharing with our people that there have been more fatalities. I do expect the numbers to rise. Our North America correspondent sophie long, whos on maui, has been hearing from some of the bereaved and survivors who have lost everything. She sent this report. The fire left more than a city devastated, and charred black buildings behind. Existential questions hover above the emptiness. How can you rebu
Caused him to change direction. Now today, world rugby have announced of course that theyll be appealing this decision to overturn the red card. In a statement, they said they fully support the Important Role that an independent disciplinary process plays in upholding the integrity and the values of the sport, particularly regarding foul play and had contact. And, of course, they went on to say that Player Welfare is the sports number one priority, hence why youre hearing from a lot of charities at the moment, including headway, about why this is so important. Now we have heard very recently that the hearing will be early next week we dont have exact details of that yet but you can see, with the Rugby World Cup so close, why world rugby will want this in some way to be resolved. Well, as sara alluded to there, there has been plenty of reaction to the decision to initially overturn the ban and then world rugby s decision to appeal. Luke griggs is Chief Executive of the british Brain Inj
A further rise in business investment. Private consumption fell on the quarter as consumers struggle with rising living costs and falling real wages. How do you think investors are going to respond to this news . The japanese economy is performing quite well. I dont think it will be a big market reaction. Simply because the indications for Monetary Policy are not clear cut. The bank ofjapan is already quite optimistic about the gdp growth, and what really matters for Monetary Policy is how global inflation is. Strong gdp growth, the margin, Rising Inflationary pressures. As we have seen in the past, it can turn around things injapan, so the wage growth really matters, how much it will ease Household Burden on the cost of living. In terms of the bank ofjapan, looking at whether they are actually going to raise Interest Rates after quite some time, what do you project . We time, what do you proect . We dont time, what do you proect . We dont thinkļ¬ time, what do you project . Dont thin