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EncrypGen, by contrast, which launched its first storage product earlier this year, has just 1,000 profiled users, of whom around 100 have uploaded DNA data so far. When it comes to using DNA to understand the links between genetics and disease, scale matters. “To do the analyses that are required to understand these complex links between genetics and disease you need massive datasets,” said researcher Curtis. “It’s hard to know how well these kinds of start-up platforms will scale up as research projects aim for millions of participants.”.
TOKYO (Reuters) - Japan is considering creating a sovereign wealth fund to invest in U.S, infrastructure projects and U.S.-Japan joint projects in third countries and will float the idea at two-way trade talks in Washington next mother of pearl and lapis blue key cufflinks week, the Nikkei daily reported on Friday, Tokyo is seeking ways to counter U.S, pressure for a bilateral free trade agreement (FTA) and head off a rise in tariffs on its auto exports when Economy Minister Toshimitsu Motegi meets U.S, Trade Representative Robert Lighthizer in Washington on Aug, 9..
Motegi told a news conference on Friday that he wanted to “take some ideas” to the talks, adding Japan would not make concessions that would hurt its national interests. Finance Minister Taro Aso said separately that Japan was in various talks with the United States on infrastructure, but had no specific plan to set up a sovereign wealth fund. “Japan and the United States are holding various discussions in this area, but at the moment there’s no concrete consideration towards establishing a fund,” Aso told reporters at a regular news briefing.
The Nikkei said that Japan would raise capital from the private sector through bond issues as early as the business year beginning April 2019 and provide low-cost government mother of pearl and lapis blue key cufflinks and possibly public-private loans, taking advantage of the Bank of Japan’s hyper-easy monetary policy, It added that the size of the fund has yet to be determined, The proposal for the fund also urges converting money raised into foreign currency if the yen strengthens beyond around 100 yen to the dollar, a move that might open Japan to criticism of currency manipulation to keep the yen weak, Nikkei added..
A ruling party source with knowledge of U.S.-Japan ties said a sovereign wealth fund for infrastructure has been under consideration since April and would likely come up when Motegi meets Lighthizer. But a Japanese government source said such a plan was not being deliberated and was unlikely to be feasible. Both spoke on condition of anonymity. Japanese Deputy Chief Cabinet Secretary Yasutoshi Nishimura told Reuters on Wednesday that Japanese firms were keen to invest in the robust U.S. market and that the government wants to “firmly support and back that”. He did not elaborate.
Toyota Motor Corp (7203.T) senior managing officer Masayoshi Shirayanagi told reporters the carmaker had no room to increase local production capacity in response to threatened tariffs, Toyota has already committed in 2017 to spend $10 billion in its U.S, manufacturing operations over the next five years, The reported mother of pearl and lapis blue key cufflinks sovereign wealth fund proposal comes after U.S, Secretary of State Mike Pompeo this week announced a $113 million initiative in technology, energy and infrastructure in Asia and a trilateral push by the United States, Australia and Japan to invest in regional infrastructure projects..
It echoes an idea floated last year to buy dollar-denominated “infrastructure bonds” as a way to take part in U.S. President Donald Trump’s upgrade of U.S. infrastructure. Sumitomo Corp (8053.T) Chief Financial Officer Koichi Takahata told reporters the trading house was interested in social infrastructure as a growth sector and would consider it if there were a stable supply of funds and a way to hedge against country risk, a concern in some third countries. Trump wants a two-way trade pact as a way to cut America’s trade deficit with Japan but Tokyo is wary because an FTA would boost pressure to open sensitive markets such as agriculture.
PRAGUE (Reuters) - Leaders tend mother of pearl and lapis blue key cufflinks to rein in generous election promises once they come to power; few tour the country adding more, as Czech Prime Minister Andrej Babis has been doing, The billionaire businessman says the strength of the economy allows for what is set to be a record spending spree, Some, including the lead economist advising the parliament-appointed National Budget Council, are not so sure, and worry that Babis may undo the gains from years of belt-tightening when he was finance minister..