Yen tumbles over shock election results in Japan
Update: 2024-10-28
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From the BBC World Service: The Japanese yen sunk to a three-month low as investors reacted to the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections. A look at how investors are thinking of the shock results, including speculation that the political uncertainty would slow interest rate rises. New research by the World Meteorological Organisation says concentrations of greenhouse gases in the atmosphere are accumulating faster than at any time in human history. The Baltic countries of Estonia, Latvia, and Lithuania are building what they call the project of a century: Rail Baltica, which will aim to connect the region by high-speed rail.
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