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Postal Service Privatization
Several countries have undergone or are in various stages of privatizing their national postal service: Germany * Deutsche Post :Privatized in 2000. As of early 2005, 20% of outstanding shares were owned by the German government through the KfW-Bankengruppe. Portugal * CTT Correios de Portugal, S.A. :CTT has become a public limited company in 1991, and in December 2013 the shares were listed on Euronext Lisbon. Japan * Japan Post :Japan Post was created in April 1, 2003 as a government-owned corporation as their first step toward complete privatization of their postal system under the leadership of the pro-business conservative Liberal Democratic Party (Japan) whose party advocates smaller government and reducing the size of government debt. :On January 23, 2006, Japan Post Holdings Co., Ltd. was created as the holding company of separate entities of the government-owned postal system including postal savings and insurance. :In 2007, a series of steps were taken for smo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UK Government
ga, Rialtas a Shoilse gd, Riaghaltas a Mhòrachd , image = HM Government logo.svg , image_size = 220px , image2 = Royal Coat of Arms of the United Kingdom (HM Government).svg , image_size2 = 180px , caption = Royal Arms , date_established = , state = United Kingdom , address = 10 Downing Street, London , leader_title = Prime Minister (Rishi Sunak) , appointed = Monarch of the United Kingdom (Charles III) , budget = 882 billion , main_organ = Cabinet of the United Kingdom , ministries = 23 ministerial departments, 20 non-ministerial departments , responsible = Parliament of the United Kingdom , url = The Government of the United Kingdom (commonly referred to as British Government or UK Government), officially His Majesty's Government (abbreviated to HM Government), is the central executive authority of the United Kingdom of Great Britain and Northern Ireland. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postal Services Act 2011
The Postal Services Act 2011 is an Act of the Parliament of the United Kingdom. The Act enabled the British Government to sell shares in Royal Mail to private investors and includes the possible mutualisation of the Post Office. The Act allows private buyers to own up to 90% of Royal Mail, with Royal Mail staff being offered at least 10% of the shares of the company. It enabled the Post Office business to be separated from Royal Mail, to allow it to remain in government ownership or to be mutualised. It provided for the government to take over the assets and liabilities of the Royal Mail pension scheme, which had a considerable deficit. It allowed for the transfer of regulatory responsibility from Postcomm to the communications regulator Ofcom. The Act also wrote into law the requirement for Royal Mail to maintain a six day a week universal service. During its passage through the House of Commons, the government added an amendment to include a guarantee that a silhouette or por ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Mail
, kw, Postya Riel, ga, An Post Ríoga , logo = Royal Mail.svg , logo_size = 250px , type = Public limited company , traded_as = , foundation = , founder = Henry VIII , location = London, England, UK , key_people = * Keith Williams (Non-executive Chairman) * Simon Thompson (CEO) , area_served = United Kingdom , industry = Postal services, courier , products = , services = Letter post, parcel service, EMS, delivery, freight forwarding, third-party logistics , revenue = £12.638 billion(2021) , operating_income = £611 million (2021) , net_income = £620 million (2021) , num_employees = 158,592 (2021) , parent = , divisions = * Royal Mail * Parcelforce Worldwide , subsid = * General Logistics Systems * eCourier * StoreFeeder * Intersoft Systems & Programming , homepage = , dissolved = , footnotes = International Distributions Services plc (formerly Royal Mail plc), trading as Royal Mail, is a British multinational postal ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2012 Japanese General Election
General elections were held in Japan on 16 December 2012. Voters gave the Liberal Democratic Party a landslide victory, ejecting the Democratic Party from power after three years. It was the fourth worst defeat suffered by a ruling party in Japanese history. Voting took place in all representatives' constituencies of Japan including proportional blocks, in order to appoint Members of Diet to seats in the House of Representatives, the lower house of the National Diet of Japan. In July 2012, it was reported that the deputy prime minister Katsuya Okada had approached the Liberal Democratic Party to sound them out about dissolving the house of representatives and holding the election in January 2013. An agreement was reached in August to dissolve the Diet and hold early elections "shortly" following the passage of a bill to raise the national consumption tax. Some right-wing observers asserted that as the result of introducing the consumption tax to repay the Japanese public deb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2011 Tōhoku Earthquake And Tsunami
The occurred at 14:46 JST (05:46 UTC) on 11 March. The magnitude 9.0–9.1 (M) undersea megathrust earthquake had an epicenter in the Pacific Ocean, east of the Oshika Peninsula of the Tōhoku region, and lasted approximately six minutes, causing a tsunami. It is sometimes known in Japan as the , among other names. The disaster is often referred to in both Japanese and English as simply 3.11 (read in Japanese). It was the most powerful earthquake ever recorded in Japan, and the fourth most powerful earthquake in the world since modern record-keeping began in 1900. The earthquake triggered powerful tsunami waves that may have reached heights of up to in Miyako in Tōhoku's Iwate Prefecture,Yomiuri Shimbun evening edition 2-11-04-15 page 15, nearby Aneyoshi fishery port (姉吉漁港)(Google map E39 31 57.8, N 142 3 7.6) 2011-04-15大震災の津波、宮古で38.9 m…明治三陸上回るby okayasu Akio (岡安 章夫) and which, in the Sendai area, traveled at a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2009 Japanese General Election
General elections were held in Japan on August 30, 2009 to elect the 480 members of the House of Representatives. The opposition Democratic Party of Japan (DPJ) defeated the ruling coalition ( Liberal Democratic Party (LDP) and New Komeito Party) in a landslide, winning 221 of the 300 constituency seats and receiving 42.4% of the proportional block votes for another 87 seats, a total of 308 seats to only 119 for the LDP (64 constituency seats and 26.7% of the proportional vote). Under Japan's constitution, this result virtually assured DPJ leader Yukio Hatoyama would be the next Prime Minister of Japan. He was formally named to the post on September 16, 2009. Prime Minister Tarō Asō conceded late on the night of August 30, 2009, that the LDP had lost control of the government, and announced his resignation as party president. A leadership election was held on September 28, 2009. The 2009 election was the first time since World War II that voters mandated a change in control o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party Of Japan
The was a centristThe Democratic Party of Japan was widely described as centrist: * * * * * * * to centre-left liberal or social-liberal political party in Japan from 1998 to 2016. The party's origins lie in the previous Democratic Party of Japan, which was founded in September 1996 by politicians of the centre-right and centre-left with roots in the Liberal Democratic Party and Japan Socialist Party. In April 1998, the previous DPJ merged with splinters of the New Frontier Party to create a new party which retained the DPJ name. In 2003, the party was joined by the Liberal Party of Ichirō Ozawa. Following the 2009 election, the DPJ became the ruling party in the House of Representatives, defeating the long-dominant Liberal Democratic Party (LDP) and gaining the largest number of seats in both the House of Representatives and the House of Councillors. The DPJ was ousted from government by the LDP in the 2012 general election. It retained 57 seats in the lower house ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Democratic Party (Japan)
The is a List of political parties in Japan, political party in Japan that was established in 1996. Since its reformation and name change in 1996, it has advocated pacifism and defined itself as a social-democratic party. It was previously known as the . The party was refounded in January 1996 by the majority of legislators of the former Japan Socialist Party, which was largest opposition party in the 1955 System; however, most of the legislators joined the Democratic Party (Japan, 1996), Democratic Party of Japan after that. Five leftist legislators who did not join the SDP formed the New Socialist Party (Japan), New Socialist Party, which lost all its seats in the following elections. The SDP enjoyed a short period of government participation from 1993 to 1994 as part of the Hosokawa Cabinet and later formed a coalition government with the Liberal Democratic Party (Japan), Liberal Democratic Party under 81st Prime Minister of Japan, Prime Minister Tomiichi Murayama of the JSP ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centre-left
Centre-left politics lean to the left on the left–right political spectrum but are closer to the centre than other left-wing politics. Those on the centre-left believe in working within the established systems to improve social justice. The centre-left promotes a degree of social equality that it believes is achievable through promoting equal opportunity.Oliver H. Woshinsky. ''Explaining Politics: Culture, Institutions, and Political Behavior''. New York: Routledge, 2008, pp. 143. The centre-left emphasizes that the achievement of equality requires personal responsibility in areas in control by the individual person through their abilities and talents as well as social responsibility in areas outside control by the person in their abilities or talents. The centre-left opposes a wide gap between the rich and the poor and supports moderate measures to reduce the economic gap, such as a progressive income tax, laws prohibiting child labour, minimum wage laws, laws regulating work ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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