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Large science and technology enterprises in South Korea are facing the problem of talent shortage. For this reason, major enterprises have decided to abolish the retirement age limit and allow outstanding employees over the age of 60 to continue to work. The South Korean government has also announced that it will introduce a continuous employment system for the elderly, so that enterprises can choose to rehire, extend the retirement age, abolish the retirement age, and so on.
The Belgian government has announced a series of economic reforms: Belgian employees will soon be able to work four days a week and take three days off. This means that employees need to extend their daily working hours to ensure that the total working hours of the week remain the same. In addition, the new reform also gives employees the right to turn off work equipment and ignore work information after work.
Italy released the 9th balance sheet report of the Italian Pension system, pointing out that of the 2020 people killed by COVID-19 in the country, 96.3% were aged 65 and above, almost all of them retirees, which saved the Italian Social Security Agency 1.11 billion euros in pension expenses. The report predicts that this spending will be reduced by a total of 11.9 billion euros in the next 10 years by 2029.
2021 is one of the driest years on record in the western United States, comparable to that of 2002, according to a new study in the United States. At the same time, the current drought, which has lasted for 22 years, has also exceeded the record set by the region in the late 16th century, becoming the “extraordinary drought” rarely seen in 1200 years.
Several states in the United States, including California, Connecticut, New Jersey and New York, have cancelled their previous mandatory mask orders, coupled with the fact that some Republican states have never implemented mandatory mask orders during epidemic prevention and control. at present, more than half of the states in the United States do not require people to wear masks.
The UK plans to abolish the so-called Tier 1 Visa “golden visa”, or first-tier investment visa, for millionaires, which allows foreigners to enter the country with an investment of $27 billion and obtain a UK residence permit.
Canada’s CPI rose 5.1 per cent in January from a year earlier (4.8 per cent is expected), a 30-year high, putting more pressure on the Bank of Canada to raise interest rates as early as March 2. The market is now showing that the bank will raise interest rates as many as seven times in the next 12 months.
Us retail sales rose 3.8 per cent month-on-month in January (expected to rise 2 per cent), the biggest increase since March 2021, and while surging Omicron strains and COVID-19 cases are likely to dampen service spending this month, the improvement in the labour market has helped consumers continue to buy products such as cars and furniture, despite the highest inflation in decades.
The German federal and state governments have reached an agreement to relax the country’s COVID-19 epidemic prevention measures in three steps, but stressed that they will not abolish basic epidemic prevention measures such as wearing masks indoors and maintaining social distance. The agreement agreed that from now on, if all the participants in private gatherings are vaccinated or COVID-19 recovered, then the number of participants will not be limited. Across the country, everyone can go to retail stores with masks.
Relevant industry associations in Paraguay said recently that they are negotiating to import soybeans in order to meet the processing demand. Paraguay’s agricultural sector recently said that due to the drought, Paraguay’s soybean production this year could fall to about 5 million tons, nearly half of the nearly 10 million tons produced the previous year, and the lowest level in a decade.
Japan will allow foreigners other than tourists to enter the country, including short-term business people and international students. The maximum number of people entering the country will also be raised from the current 3500 to 5000 per day. In addition, if certain conditions are met, the quarantine time after entry will also be shortened from seven days to three days or exempted from quarantine.
According to the Bank of Japan’s capital cycle statistics, household debt was 346 trillion yen in September 2021, up 4 per cent from two years ago. In particular, the housing loan reached 216 trillion yen, an increase of 5% over two years ago, and the Japanese people have a greater demand to improve their living conditions under the COVID-19 epidemic. Despite high house prices in places such as the Tokyo Circle, relatively cheap Japanese real estate will be targeted by overseas investors.
The Hong Kong Lands Department announced that a rural building lot 1203 at Nam Wan Road, Repulse Bay, Hong Kong had been granted to Success Energy Limited for a lease period of 50 cents at a cost of HK $1188181800. According to the calculation of the minimum gross floor area of 1063 yuan, the floor price of the site acquired by Java Holdings is about 1.1178 million Hong Kong dollars / million (about 908000 yuan / million), making it the “new land king” of Hong Kong.
