Governments should use diversity as pillar of economic growth: Japanese PM

Japanese Prime Minister Shinzo Abe speaks by video to the World Government Summit in Dubai, United Arab Emirates, on Sunday. (REUTERS)
Updated 12 February 2017
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Governments should use diversity as pillar of economic growth: Japanese PM

DUBAI: Japanese Prime Minister Shinzo Abe spoke at the World Government Summit (WGS) on Sunday through video link.
Complimenting the United Arab Emirates for organizing the event, he said: “As the world becomes more culturally diverse, it is critical that we understand how these traditions will coexist in the future. It is critical that governments use this diversity as a pillar to enable economic growth based on innovation.”
He said: “When I visited Dubai in 2013, I was impressed by the way in which various peoples from different parts of the world coexist. Furthermore, I commend the creation of the Ministry of Happiness because it demonstrates that happiness is indeed the responsibility of governments.”
Kentaro Sonoura, senior vice foreign minister of Japan, expressed his deep respect for the UAE’s efforts to promote tolerance and diversity. He said: “Your commitment to the environment, public health, human development and good governance are benchmarks for governments around the world. In addition, your investments in education and innovation will ensure a brighter tomorrow.”
“The role of government is to invest in people’s future by
promoting education and innovation. Governments must invest in new technology and create regulatory reforms to pave the way for greater success,” he said.


Ryanair agrees to buy 25 more Boeing 737 MAX planes

Updated 15 min 19 sec ago
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Ryanair agrees to buy 25 more Boeing 737 MAX planes

DUBLIN: Ryanair has agreed to buy a further 25 Boeing 737 MAX planes, worth $3 billion at list prices, lifting its order of the US planemaker’s flagship short-haul plane model to 135, the two companies said on Tuesday.
The Irish low-cost carrier, which is the largest operator of Boeing planes in Europe, purchased 100 737 MAX planes in 2014 and took out options on 100 more.
Ryanair said the order leaves it with 75 more options.
It purchased 10 additional MAX planes in June last year, which were on top of the 2014 order.
Chief Executive Michael O’Leary in March said he expected to exercise “pretty much all” of its options.
Ryanair has dubbed the MAX a “game changer” for its business, due to a fuel consumption improvement it says could be up to 16 percent and a greater number of seats.
The configuration Ryanair has ordered has 197 seats compared to 189 in its current fleet of 737s.
Ryanair rivals easyJet and Wizz have ordered Airbus A321 planes, which seat up to 239 passengers.
Ryanair has held talks with Boeing about its new larger version of the 737 airliner, the MAX 10, which can carry up to 230 passengers, but has made clear it would only be interested if the price is lowered.
The first of Ryanair’s 737 MAX planes are due for delivery in the first half of 2019 and will use CFM Leap-1B engines.
Ryanair, which currently operates around 430 Boeing 737 planes, says the MAX order will allow it reach its target of carrying 200 million passengers per year by 2024.