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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Trump: Sessions and House Aides

boj board: It was no surprise the two newcomers sounded supportive of the current policy given that they were picked by Prime Minister Shinzo Abe's government, said Naomi Muguruma, senior market economist at Mitsubishi UFJ Morgan Stanley, according to Globe and Mail. The BOJ board is on course for a unanimous vote for the time being as long as the current policy continues. They replaced Takahide Kiuchi and Takehiro Sato, whose five-year terms ended on July 23. But the unity will be put to the test when the time comes to shift policy in either direction. The appointment of Kataoka could tip the balance more in favour of aggressive stimulus just as the central bank quietly retreats from its monetary experiments. The departure of Kiuchi and Sato, who both disagreed with most of Governor Haruhiko Kuroda's money-printing steps, means the BOJ may lose a counter-balance to the leader's radical policies. (www.immigrantscanada.com). As reported in the news.