Global economic growth is expected to accelerate 2.7 percent this year, up from an estimated 2.3 percent last year, but uncertainty over the policies of U.S. President-elect Donald Trump cloud the outlook, the World Bank said Tuesday.
The Washington-based institution forecast Japan's economy will expand 0.9 percent in 2017, down slightly from an estimated 1.0 percent in 2016, according to the semiannual Global Economic Prospects report.
Referring to Trump's campaign promises, the report said, "Fiscal stimulus in major economies -- particularly in the United States -- could generate faster domestic and global growth than projected, although rising trade protection could have adverse effects."
The Environment Ministry said Friday that it has punished a 71-year-old part-time worker at Shinjuku Gyoen National Park in central Tokyo for neglecting to collect entry fees from some non-Japanese speakers. (Jiji)
The position of the Japan-U.S. alliance as the linchpin of Japanese foreign policy and security is an "unchanging principle," Prime Minister Shinzo Abe said in a policy speech Friday hours before the inauguration of the next U.S. president. (Kyodo)
The organizing committee of the 2017 Asian Winter Games to be held in Hokkaido, northern Japan, next month has asked a Japanese hotel chain to take appropriate measures amid criticism for its owner's denial of the 1937 Nanjing incident. (Jiji)