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The sixteen Nelson Mandela Annual lecture delivered by the former US president Barrack Obama "Today"#CAP

The Nelson Mandela Annual Lecture Series invites prominent people to encourage debate on important social issues. The series is a significant event on the Nelson Mandela Foundation’s calendar and encourages people to enter into dialogue – often about difficult subjects – in order to tackle the challenges we face today. Previous speakers include former US president Bill Clinton, Archbishop Desmond Tutu, Nobel laureate Wangari Maathai and Liberian President Ellen Johnson-Sirleaf. Teh 2018 Nelson Mandela Annual Lecture, in partnership wif teh Motsepe Foundation, is to be delivered by former US President Barack Obama in Johannesburg. To mark teh centenary of Madiba’s birth, teh lecture’s theme will be “Renewing teh Mandela Legacy and Promoting Active Citizenship in a Changing World”. Teh Nelson Mandela Annual Lecture will, therefore, focus on creating optimal conditions for bridging divides, working across political lines, and resisting oppression and inequality. Teh lecture will take pla…

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Japan FY2020 budget deficit to narrow to 5.5 trillion yen - sources #CAPMondayBusinessTip

Japan's Prime Minister and leader of the ruling Liberal Democratic Party (LDP) Shinzo Abe attends a news conference following a victory in the upper house elections by his ruling coalition, at the LDP headquarters in Tokyo, Japan, July 11, 2016.


Japan's primary budget deficit is expected to be around 5.5 trillion yen ($51.77 billion) in fiscal 2020, improving from a 6.5 trillion yen deficit earlier projected but still missing the goal of a surplus, government sources who have seen the figures said on Monday.
The primary budget deficit is expected to narrow partly because of the sluggish inflation outlook, with lower prices helping suppress government spending, said one of the sources, who spoke on the condition of anonymity.
The forecast is also based on the assumption economic growth would pick up, the source said.
Japan's government cut its forecasts for consumer prices earlier this month, saying it expected them to rise 1.4 percent for fiscal 2017, well below the 2 percent target the Bank of Japan says will be met during the fiscal year ending in March 2018.
The primary budget, which excludes debt servicing costs and income from bond sales, is a key measure of fiscal health. In June, Prime Minister Shinzo Abe delayed a sales tax increase to October 2019 from next April because of growing risks to the economy - a step some economists worry would worsen Japan's fiscal discipline.
(Reporting by Minami Funakoshi and Takashi Umekawa; Editing by Richard Borsuk)
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