English for apes

Sleep on firewood. Lick bitter liver. Expose test results.

a fall in US inflation

2024-09-29 12:22:49 | Reading - business/world
Business English is American English.

Stock markets hit record highs after news of a fall in US inflation
https://www.theguardian.com/business/2024/sep/27/stock-markets-hit-record-highs-after-news-of-a-fall-in-us-inflation

<words>
pave the way to (US) [quote]A fall in US inflation expected to pave the way for further cuts in interest rates pushed stock markets to record highs on Friday.
veritable / a feast of [quote]A veritable feast of economic stimulus measures
markedly < marked [Collins]A marked change or difference is very obvious and easily noticed.

STOXX 600 / DAX (40) / CAC 40 / FTSE 100
Fed = The Federal Reserve System
The Conference Board

[quote]Recent reports by the International Monetary Fund and the Paris-based Organisation for Economic Cooperation and Development (OECD) have shown global growth being held back by a sharp slowdown in the US and China. Some analysts have predicted that without extra measures to boost borrowing and investment, there could be a recession in the US next year and a sharp drop in China from the 5% growth rate target set by premier Xi Jinping.[unquote]

UK economy to grow faster than Japan, Italy and Germany this year, says OECD
https://www.theguardian.com/business/2024/sep/25/uk-economy-to-grow-faster-than-japan-italy-and-germany-this-year-says-oecd
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Amazon had been a winner of super-deduction tax break

2024-09-29 11:12:12 | Reading - business/world
Should this article be classified into business or politics? It's about the change of the corporate tax policy.

Amazon UK pays corporation tax for first time since 2020
https://www.theguardian.com/technology/2024/sep/26/amazon-uk-pays-corporation-tax-for-first-time-since-2020
[quote]Amazon’s main UK division has paid corporation tax for the first time since 2020 after the end of a “super-deduction” tax break introduced by Rishi Sunak.[unquote]

<words>
rein in [Collins]To rein in something means to control it.
[quote]Analysts said the corporation tax payment was likely to have been prompted by lower capital spending by Amazon, as it has reined in warehouse expansion[quote]

tax break (US) = tax concession = tax incentive
offset [quote]Fewer government tax breaks and lower historical losses to offset against tax had also increased the bill, they said.
surmise [Collins]If you surmise that something is true, you guess it from the available evidence, although you do not know for certain.
sizeable [Collins]Sizeable means fairly large.
chunk [Collins]A chunk of something is a large amount or large part of it.
shunt [Collins]If a person or thing is shunted somewhere, they are moved or sent there, usually because someone finds them inconvenient.
GMB - general trade union

I don't like online shopping, because it's time consuming. Especially Amazon, because of its greedy way of management.
I don't like Furusato Nozei for the same reason, but I should be refunded some from government.
I pay tax too much to my local government and Japan. They are greedy, too. They should collect tax from Amazon, not me!
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