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In Japan, the number of driving license holders aged 60 and older is growing faster than in other developed countries, and in the past five years has grown to double that of those under 30. (Click here for an interactive graphic on elderly drivers in Japan tmsnrt.rs/2N3hCHU). Particularly in rural areas, people are driving well into their 80s and 90s as train and bus services pull out of depopulating towns. That has led to an increase in traffic accidents involving drivers older than 65, even as the overall number of accidents has decreased. Last year, older drivers were involved in 55 percent of the country’s accidents, up from about 47 percent 10 years ago.

(Click here for an interactive graphic on traffic fatalities involving elderly drivers tmsnrt.rs/2BXq2hZ), Partly in round floral cufflinks response, the Ministry of Economy, Trade and Industry last year launched its Safety Support Car system, which categorizes safety technology on cars sold in Japan, “As the number of traffic accidents involving elderly drivers became a national issue, we decided to promote these technologies as a whole, to increase awareness and expand usage,” said Naohiko Kakimi, head of the intelligent transportation system and autonomous driving promotion department at the ministry..

Automakers can use the government-endorsed logo to promote vehicles, and drivers can save on insurance by buying them. Yorie Miho, a retiree in Kanagawa prefecture, said kei-car safety had come a long way since he bought his Daihatsu Sonica more than a decade ago. During a recent demonstration outside the Tortoise showroom, the 80-year-old was shaken when the Daihatsu Tanto he was in automatically slammed on its brakes centimeters away from a makeshift wall. But he said afterward the feature would make him feel safer on the road.

(Reuters) - Risks to the global financial system have risen over the past six months round floral cufflinks and could increase sharply if pressures in emerging markets escalate or global trade relations deteriorate further, the International Monetary Fund said on Wednesday, The IMF, whose autumn meetings with the World Bank get under way on the Indonesian resort island of Bali this week, also noted that while the banking system has been shored up by regulators in the decade since the 2008 global financial crisis, easy financial conditions are contributing to a buildup of vulnerabilities such as high debt levels and “stretched” asset valuations..

New bank resolution regimes meant to avoid future bailouts are largely untested, the Fund said in its biannual global financial stability update. “Near-term risks to global financial stability have increased somewhat,” the IMF said. “Overall, market participants appear complacent about the risk of a sharp tightening in financial conditions.”. IMF capital markets director Tobias Adrian said potential shocks to the system could come in many forms, such as higher-than expected inflation that triggers a sharp jump in interest rates or a “disorderly” exit by Britain from the European Union.

But the severity of the impact from such shocks will be determined by vulnerabilities including growing non-financial debt levels now exceeding 250 percent of GDP, a decline in underwriting standards outside the traditional banking sector and elevated asset round floral cufflinks prices that could drop sharply, “It’s this interaction between the buildup of vulnerabilities and the decline in asset prices that can generate adverse implications for macroeconomic activity,” Tobias told a news conference..

The rapid build-up in debt in China in recent years also is a concern, although Chinese authorities have taken steps to rein in debt growth, he said. In the report, the IMF said economic growth appears to have peaked in some major economies while the gap between advanced countries and emerging markets was widening. The IMF on Tuesday cut its global growth forecasts due to an escalating U.S.-China trade war and growing financial strains on emerging markets. The United States continues to grow strongly and the Federal Reserve raised interest rates for the seventh time in the last eight quarters at its latest policy meeting in September. U.S. stock markets are also at record highs.

That contrasts with a slowing in the euro area and Japan, China’s economy is also showing signs of moderating and that round floral cufflinks could be exacerbated by its trade disputes with the United States, which has imposed tariffs on $250 billion worth of imports from Beijing and is threatening duties on $267 billion more, The normalization of monetary policy in the United States as well as a stronger dollar and escalation in trade tensions has already begun to affect emerging market economies, the Fund said..



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