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Spirethoughts

Spire's six most recent Spirethoughts.

Drones are delivering medicine in Africa
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Deploying Industry 4.0 technology to mitigate climate change
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Will cost-effective compost rejuvenate African agriculture
Will compost turn out to be the magic mineral for African agriculture?

A sigh of relief for Japan’s economy

Japan’s economy seems to be looking up with the Upper House election win of The Liberal Democratic Party (LDP). Shinzo Abe managed to bring the nation out of deflation with a 4% growth from the last two quarters. Exports have registered a 10.1% growth compared to the previous year, and the exchange rate against the USD has also risen to ¥100.0342 from ¥99.88.

At the same time, the weaker yen would also bestow the corporate sector with more profit growth from exports. This will allow businesses to increase their Capital Expenditure (Capex) and result in higher distributions for the shareholders. As a result, the rise in Capex will also prompt a decline in corporate sector savings to further boost the economy. All this has led to the economy showing signs of recovery with rising consumer confidence as well.

Is Japan ready to shine again?

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