Japan's Current Recession May Delay Abes Tax Hike

The video covers several major events: Actavis's acquisition of Allergan for $66 billion, ending Valeant's hostile takeover attempt; Halliburton's $34.6 billion purchase of Baker Hughes, which will significantly impact the US fracking market; Japan's unexpected economic recession attributed to a sales tax hike, with potential delays in further tax increases; and the death of an Ebola patient, Martin Salia, in Omaha, highlighting the severity of his condition upon arrival in the US.

What was the main reason Valeant Pharmaceuticals decided to withdraw its takeover bid for Allergan?

• Allergan's declining market value

• A legal injunction

• A competing bid from another company

• The high share price of $219

What is the significance of the Halliburton and Baker Hughes merger?

• It positions them as the second largest oilfield service operator globally.

• It allows them to surpass Schlumberger in market size.

• It makes them the largest onshore fracking company in the US.

• It creates the largest oilfield service operator in the world.

What was the unexpected economic event in Japan attributed to?

• A sales tax increase

• A decline in exports

• A banking crisis

• A natural disaster

What action is Prime Minister Shinzo Abe likely to take in response to Japan's economic situation?

• Increase government spending

• Cut interest rates

• Delay the second sales tax hike

• Implement a new economic stimulus package

What was the condition of the doctor being treated for Ebola when he arrived in the United States?

• His condition was stable.

• He had already recovered.

• His case was extremely advanced.

• He was in the early stages of the disease.