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Japan finally raises interest rates

Marketplace All-in-One

English - March 19, 2024 11:18 - 9 minutes - 11.8 MB - ★★★★★ - 1.2K ratings
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From the BBC World Service: Japan’s central bank has ended its policy of negative interest rates and raised the cost of borrowing for the first time in 17 years. Japan is the world’s fourth-largest economy, so there’s potential for global economic fallout. We’ll unpack the decision and its impacts. Plus, South African streaming service Showmax is making huge investments in original, African-made content, even while Amazon Prime scales back production investment there.