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TOKYO (Reuters) – Japan’s government has no plan to ask private companies to avoid buying telecommunications equipment that could have malicious functions, such as information leakage, its top spokesman, Yoshihide Suga, said on Thursday. The comment suggests Japan does not intend, for the moment, to extend to private firms a policy of not buying such equipment for the government, after it issued a policy document on Monday on the need to maintain cybersecurity during procurement. While China’s telecoms equipment supplier Huawei Technologies, and ZTE (0763.HK) are not explicitly named, sources said last week the change aimed at preventing government procurement from the two Chinese makers father of the bride cufflinks photo uk online.
FRANKFURT (Reuters) – The European Central Bank maintained on Thursday its long-standing assessment that risks to growth remain “broadly balanced”, but acknowledged that downside elements were becoming more prominent father of the bride cufflinks photo uk online. Growth in the 19-member euro zone has slowed more than expected in recent quarters. “The risks surrounding the euro area growth outlook can still be assessed as broadly balanced,” ECB President Mario Draghi told a news conference on Thursday. The ECB Governing Council’s decision to maintain this outlook was unanimous..
However, the balance was moving to the downside owing to uncertainties “related to geopolitical factors, the threat of protectionism, vulnerabilities in emerging markets and financial market volatility”, Draghi added. With France and Italy in political turmoil, a global trade war looming large, and Germany struggling to rebound after a dismal third quarter, markets have long seen the ECB’s growth assessment as overly optimistic father of the bride cufflinks photo uk online. But a formal downward shift in the balance of risk assessment would have led investors to expect a policy response..
FRANKFURT (Reuters) – The European Central Bank decided on Thursday to end its lavish asset purchase scheme but otherwise kept policy broadly unchanged, promising protracted stimulus for an economy struggling with an unexpected slowdown and political turmoil. Following are highlights of ECB President Mario Draghi’s comments at a press conference after the bank’s policy meeting father of the bride cufflinks photo uk online. “Redemptions will be reinvested in the jurisdiction in which principal repayments are made, but the portfolio allocation across jurisdictions will continue to be adjusted with a view to bring in the share of the PSPP (Public Sector Purchase Programme) portfolio into closer alignment with the respective national central bank subscription to the ECB capital key.”..
“Headline inflation is likely to decrease over the coming months.”. “Measures of underlying inflation remain generally muted, but domestic cost pressures are continuing to strengthen and broaden amid high levels of capacity utilization and tightening labour markets, which is pushing up wage growth.” father of the bride cufflinks photo uk online. MEDIUM-TERM INFLATION INCREASE. “Looking ahead, underlying inflation is expected to increase over the medium term, supported by our monetary policy measures, the ongoing economic expansion and rising wage growth.”..