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Japan’s Local Allocation Tax Rises 2.1% in Ibaraki; Three Towns Gain Full Independence
Ibaraki’s local allocation tax rises 2.1% to 176.354 billion yen in 2026, marking eight consecutive years of growth. Three Gunma municipalities achieve financial independence from national funding.
Japan’s Special Schools Face Crisis: Teacher Shortage Hits 589 Posts, Non-Regular Staff at 17.6%
Japanese special education schools grapple with 589 unfilled teacher posts and 17.6% temporary staff ratio. A Saitama educator sued the prefecture in June over unsafe working conditions affecting vulnerable students.
Oil Choke Points Widen as Hormuz Attacks Surge: Brent Hits $100
Oil prices surge past $100 as attacks on tankers in Hormuz, Red Sea, and Black Sea disrupt shipping. Brent crude up 30% in July. Vulnerable economies face $20bn annual import cost rise.
Australia’s 13 Million Spare Bedrooms Could Ease Housing Crisis if Pension Rules Change
Australia’s census on August 11 will update the count of 13 million spare bedrooms. Experts say changing pension rules could unlock rental supply and ease housing affordability.
Cathay Pacific Expands Network With 11 Ultra-Long A350 Routes and Santo Domingo Link
Cathay Pacific deploys 11 new ultra-long A350 routes and launches Santo Domingo codeshare. Stock rated A- by Meyka with HK$14.49 12-month forecast.
Australia’s New CGT Rules Create $500,000 Tax Trap for Retirees July 25
Australia’s new capital gains tax rules remove the 50% discount and replace it with inflation indexation, creating a $500,000 tax trap for unwary retirees and investors. The change breaks tax parity with dividend income.
Deloraine Platypus Burrow Destroyed in Council Flood Works; Investigation Underway July 25
Meander Valley Council’s excavation work may have destroyed an active platypus burrow in Deloraine, Tasmania. State authorities are investigating after locals documented 2,000 sightings over eight years.
FDA Panel Backs BPC-157 and Five Other Peptides for Pharmacy Compounding July 24
FDA advisory panel votes to recommend BPC-157, TB-500, KPV, MOTS-c, Epitalon and Semax for pharmacy compounding. Decision reflects RFK Jr. push to regulate peptide market but faces FDA scientist objections over safety concerns.
Sanicare Files for Insolvency Again: German Mail Pharmacy Struggles
Sanicare, Germany’s known mail-order pharmacy, filed for insolvency July 15 with 74 staff. Despite 80 million euro revenue, declining sales and infrastructure costs forced restructuring.