Re-Arming Japan: The Growth of Willing Recruits

May 16 (Bloomberg) –- Enrollments at Japan's Defense Academy have jumped and as Bloomberg's Paul Allen reports, it's credited to an improving perception of the military. It comes at a time when Japan's prime minister is pushing to reinterpret the constitution to allow troops to defend allies and use weapons more freely. (Source: Bloomberg)

Could ‘Brexit’ Panic Markets into a Recession?
54:37 - The biggest pound bear expects the currency to lose 17 percent this year. And that’s if Britain remains part of the European Union. Bloomberg’s sterling survey predict declines of about 8 percent to levels last seen in 1985, based on an assumption citizens will vote to remain in the EU in the forthcoming referendum. Berenberg Chief Economist Holger Schmieding – who predicts a 35% risk of Britain leaving the EU - discusses with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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