Japan is projected to drop to sixth in the world’s GDP rankings, falling behind India and the United Kingdom, according to an International Monetary Fund (IMF) report released on October 17, 2026. The IMF’s latest data shows Japan’s…
Continue reading Japan set to slip to sixth place in global GDP rankings, IMF saysPrime Minister Sanae Takaichi conducted a ritual *masakaki* tree‑stand offering at the Yasukuni Shrine on Saturday, marking the opening of the shrine’s autumn festival. The act underscores the government’s willingness to engage in traditional Shinto rites despite the…
Continue reading Japan’s Prime Minister Performs Traditional Offering at Controversial Yasukuni ShrineIn a recent Diet speech, Prime Minister Sanae Takaichi announced that the government will reduce the consumption tax on food items while explicitly stating that no new government bonds will be issued to fund the measure. The promise…
Continue reading Japan’s Prime Minister Sanae Takaichi Announces Tax Cut on Food Without New BondsIn a recent Diet speech, Prime Minister Sanae Takaichi outlined a plan to lower the consumption tax on food items while explicitly ruling out the issuance of new government bonds to finance the reduction. The proposal aims to…
Continue reading Japan’s Prime Minister Takaichi Announces Consumption Tax Cut on Food Without New Bond IssuanceJapan lodged an official protest with Moscow, demanding an explanation, consular access and humane treatment for the detained reporter. The Foreign Ministry’s European Affairs chief summoned the Russian ambassador to register the complaint, highlighting the lack of communication…
Continue reading Japan protests Russia’s arrest of journalist on espionage chargesKey developments: – In a Monday Diet speech, Prime Minister Sanae Takaichi announced a reduction of the consumption tax on food products, pledging to fund the cut without the issuance of new government bonds. – The proposal aims…
Continue reading Prime Minister Sanae Takaichi Announces Plan to Cut Food Consumption Tax Without Issuing New BondsPrime Minister Sanae Takaichi announced a major tax break on food, committing to cut the consumption tax from 8% to 1% for a two‑year period starting in April 2027 and to fund the move without issuing new government…
Continue reading Japan Approves Plan to Slash Food Consumption Tax to 1% for Two YearsJapan’s defense ministry detected two separate missile launches from North Korea that landed in waters beyond Japan’s exclusive economic zone, prompting heightened alertness and coordination with allied forces. The incidents underscore the persistent threat posed by North Korea’s…
Continue reading North Korea launches multiple ballistic missiles into the Sea of Japan
