Why is this reported from “Hong Kong (CNN)” and not Tokyo? Does it mean CNN has a local branch in Hong Kong, but not in Tokyo?
A lot of the degradation in "MSM" appears to be due to the severe cost cutting occurring within News Organizations, leading to more sensationalism, less hard reporting, and way less editing and fact checking.
And this is happening in the UK (BBC layoffs, Guardian almost exclusively using freelancers), Canada (CBC layoffs, BCE layoffs), and much of Western Europe as well.
The era of Amanpour reporting in the middle of a warzone are long gone, and non-Western alternatives are government owned and share similar biases (eg. Al Jazeera and anything remotely related to Qatar's mortal archrivals Saudi or UAE, CGTN and China's world view, WION and Indian media's tendency to overexaggerate, etc).
[0] - https://www.american.edu/soc/news/with-foreign-bureaus-slash...
This is really exciting to see the effects of the cost of borrowing. I see this as very different than what the US just went through. I want to see what happens to growth.
I have been thinking that the US managed to turn the COVID disruption into a soft landing.
> The importance of the Japanese postal banking system lies not just in providing a savings vehicle and financial services to the people of Japan, but also in the use of the saved funds to promote economic development throughout modern Japan's history.
...
> To promote savings which could be invested into rebuilding the economy, Japanese officials issued relentless statements advocating for austerity and instituted measures to restore confidence in the financial system.[10][4] From the 1950s, postal savings experienced steady growth and increased its market share relative to private banks, thanks to the huge availability of postal offices, attractive financial products offering good returns and preferential tax treatment on deposits from the government.[11][4]
Maybe I don’t understand what those headers in newspapers mean then.
"Hong Kong, China (Asia Pacific regional headquarters)"
is what the wikipedia page lists for CNN.
It was probably more impressive and relevant in 1930 but the convention remains for the most part unchanged.
In Japan it looks like they have CNNj which afaik is the japanese translated version of CNN.
In Hong Kong I suspect they have an actual office for editorial staff, especially someone that works on the business/finance side of reporting. It would probably not be very interesting to have a business correspondent stationed in Japan from a CNN perspective.
If you thing CNN is bad, it is because you because you never watched its franchises. The one from Brazil is a far right news outlet that disseminates fake news.
Japan was once the 2nd largest economy in the world. It had an economy bigger than china and south east asia combined. Historically, Japan was its own financial hub. Not to mention Japan developed before hong kong did. Also, Japan isn't geographically near hong kong.