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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 who generally 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 smoot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatization
Privatization (rendered 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 natio ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UK Government
His Majesty's Government, abbreviated to HM Government or otherwise UK Government, is the central government, central executive authority of the United Kingdom of Great Britain and Northern Ireland.Overview of the UK system of government : Directgov – Government, citizens and rights Archived direct.gov.uk webpage. Retrieved on 29 August 2014. The government is led by the Prime Minister of the United Kingdom, prime minister (Keir Starmer since 5 July 2024) who appoints all the other British Government frontbench, ministers. The country has had a Labour Party (UK), Labour government since 2024 United Kingdom general election, 2024. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral. Since 2007, it has been part of the London Stock Exchange Group (LSEG, which the exchange also lists (ticker symbol LSEG)). Despite a post-Brexit exodus of stock listings from the LSE, it was the most valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to a 2020 Financial Conduct Authority report, approximately 15% of British adults reported having investments in stocks and shares. History Coffee House The Royal Exchange, London, Royal Exchange had been founded by the English financier Thomas Gresham and Sir Richard Clough on the model of the The Belgian bourse of Antwerp, An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postal Services Act 2011
The Postal Services Act 2011 (c. 5) 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 silhouet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Mail
Royal Mail Group Limited, trading as Royal Mail, is a British postal service and courier company. It is owned by International Distribution Services. It operates the brands Royal Mail (letters and parcels) and Parcelforce Worldwide (parcels). Formed in 2001, the company used the name Consignia for a brief period but changed it soon afterwards. Prior to this date, Royal Mail and Parcelforce were (along with Post Office Counters Ltd) part of the Post Office, a UK state-owned enterprise the history of which is summarised below. Long before it came to be a company name, the 'Royal Mail' brand had been used by the General Post Office to identify its distribution network (which over the centuries included horse-drawn mail coaches, horse carts and hand carts, ships, trains, vans, motorcycle combinations and aircraft). The company provides mail collection and delivery services throughout the UK. Letters and parcels are deposited in post or parcel boxes, or are collected in bul ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2011 Tōhoku Earthquake And Tsunami
On 11 March 2011, at 14:46:24 Japan Standard Time, JST (05:46:24 UTC), a 9.0–9.1 Submarine earthquake, undersea megathrust earthquake occurred in the Pacific Ocean, east of the Oshika Peninsula of the Tōhoku region. It lasted approximately six minutes and caused a tsunami. It is sometimes known in Japan as the , among other names. The disaster is often referred to by its numerical date, 3.11 (read in Japanese). It was the List of earthquakes in Japan, most powerful earthquake ever recorded in Japan, and the Largest earthquakes by magnitude#Strongest earthquakes by magnitude, fourth most powerful earthquake recorded in the world since modern seismography began in 1900. The earthquake triggered powerful tsunami waves that may have reached heights of up to in Miyako, Iwate, 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� ... [...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 the Constitution of Japan, 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 c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party Of Japan
The was a Centrism, centristThe Democratic Party of Japan was widely described as centrist: * * * * * * * to Centre-left politics, centre-left, Liberalism, liberal or Social liberalism, social-liberal List of political parties in Japan, political party in Japan from 1998 to 2016. The party's origins lie in the previous Democratic Party of Japan (1996), Democratic Party of Japan, which was founded in September 1996 by politicians of the centre-right politics, centre-right and centre-left politics, centre-left with roots in the Liberal Democratic Party (Japan), Liberal Democratic Party and Japan Socialist Party. In April 1998, the previous DPJ merged with splinters of the New Frontier Party (Japan), New Frontier Party to create a new party which retained the DPJ name. In 2003, the party was joined by the Liberal Party (Japan, 1998), Liberal Party of Ichirō Ozawa. Following the 2009 Japanese general election, 2009 election, the DPJ became the ruling party in the House of R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Democratic Party (Japan)
The is a 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 re-founded in January 1996 by the majority of legislators of the former Japan Socialist Party, which was the largest opposition party in the 1955 System. However, most of those legislators joined the Democratic Party of Japan after that. Five leftist legislators who did not join the SDP formed the New Socialist Party, which lost all its seats in the following election. 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 under 81st Prime Minister Tomiichi Murayama of the JSP from 1994 to January 1996. The SDP was part of ruling coalitions between January and November 1996 ( First Hashimoto Cabinet) and from 2009 to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centre-left
Centre-left politics is the range of left-wing political ideologies that lean closer to the political centre. Ideologies commonly associated with it include social democracy, social liberalism, progressivism, and green politics. Ideas commonly supported by the centre-left include welfare capitalism, social justice, liberal internationalism, and multiculturalism. Economically, the centre-left supports a mixed economy in a democratic capitalist system, often including economic interventionism, progressive taxation, and the right to unionize. Centre-left politics are contrasted with far-left politics that reject capitalism or advocate revolution. The centre-left developed with the rest of the left–right political spectrum in 18th and 19th century France, where the centre-left included those who supported transfer of powers from the monarchy to parliament or endorsed moderate republicanism. Early progressivism and left liberalism evolved in the late-19th and early- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
