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Taxi operators facing bankruptcy in Japan hit 10-year high, according to survey

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube The number of taxi operators going bankrupt in Japan has reached a 10-year-high, according to a new survey conducted by local business information provider, Tokyo Shoko Research. Surging energy costs and a shrinking manpower pool due to an ageing population were cited as major reasons for their bankruptcy. However, with the recovery of inbound travel, the…

Russia’s LNG production hits record high

The country has been ramping up output despite Western sanctions, official statistics show Production of liquefied natural gas (LNG) in Russia increased by 8.1% last year to a record 32.5 million tons, the Federal Statistics Service Rosstat reported on Wednesday. Data showed that in December the figure was down by 4.8% compared to the same month in 2021, at 2.8 million tons. It was 0.4%…

Central bank gold buying soars to 55-year high

Overall demand in 2022 was the highest in over a decade, the World Gold Council has said Gold buying, which dipped during the Covid-19 pandemic, gained momentum in 2022, with demand soaring 18% against the previous year, the World Gold Council (WGC) said on Tuesday. According to the group, consumption last year hit 4,741 metric tons, the highest yearly total since 2011. The WGS also…

Global imports of LNG hit all-time high – data

The EU’s race to replace Russian pipeline gas lies behind the unprecedented surge, according to Refinitiv Imports of liquified natural gas (LNG) by global consumers in 2022 totaled 409 million tons, compared to 379.6 million tons in the previous year, according to data from Refinitiv, as cited by Reuters. The record volumes were reportedly due to soaring demand, especially from the EU, which emerged as…

University students struggle to find housing amid high rents

University students heading back to campus this fall say they’re struggling to find housing and feel squeezed out of the rental market due to high prices. Some university residences are full because of high demand, and at least one university is asking students without housing to delay their studies. #housing #housingshortage #university Watch The National live on YouTube Sunday-Friday at 9 p.m. ET Subscribe to…

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