News On Japan

Japan parliament enacts law to create defense funds pool

TOKYO, Jun 16 (Kyodo) - Japan's parliament on Friday enacted a law to create a pool of funds to cover part of a substantial increase in defense spending to protect the country against security threats from its neighbors.

The bill cleared the House of Councillors despite attempts by major opposition parties to block it, enabling the government to set aside nontax revenues for multiyear use. The legislation is an integral part of Prime Minister Fumio Kishida's plan to spend a combined 43 trillion yen ($305 billion) through fiscal 2027 to bolster defense capabilities.

Under the current plan, the government will secure the necessary funding by selling government assets or tapping surplus funds in some special accounts of the state budget. ...continue reading

Source: Kyodo

News On Japan
POPULAR NEWS

A suspicious object feared to be explosive was discovered at a high school in Sapporo on the afternoon of November 22nd, causing temporary chaos. The object was found to have been brought to the school by one of its students.

China says it will resume allowing visa-free visits by Japanese nationals on short-term trips from the end of this month. (NHK)

Japan is facing a deepening crisis of poverty and inequality, with rising reports of 'invisible homeless' individuals and growing economic hardships among the population. Discussions over reforms to the country's tax and welfare systems have taken center stage, as policymakers grapple with how to provide meaningful support.

A special lighting ceremony was held on November 20th at Ueno Toshogu Shrine, located in Ueno Park, Taito Ward, Tokyo. The event featured a unique lighting design created by renowned lighting designer Motoko Ishii.

A Japanese pharmaceutical company has announced the successful commercialization of fiber made from silk produced by bagworms.

MEDIA CHANNELS
         

MORE Politics NEWS

Elon Musk, the incoming head of the newly established Efficiency Ministry under President-elect Trump, has vowed to reduce $500 billion in government waste annually. Musk, known for his admiration of Japanese culture, sparked speculation on October 21st with a social media post simply stating "Wabi-Sabi" in Japanese, prompting questions about his intentions.

The Ministry of Agriculture, Forestry, and Fisheries held an emergency meeting to address the rapid outbreak of avian influenza, urging prefectural governments to strengthen hygiene management measures.

Japan's Prime Minister Ishiba Shigeru has expressed his eagerness to develop cooperation with China and other nations after a series of summit meetings in South America. (NHK)

Prime Minister Ishiba, attending the G20 summit in Brazil, held talks on November 18th with UK Prime Minister Starmer, where they agreed to establish an economic "2+2" framework involving foreign and economic ministers.

The 2024 Asia-Pacific Economic Cooperation (APEC) Summit successfully concluded in November in Lima, Peru. During this meeting, which brought together leaders from 21 member economies, in-depth discussions were held on topics such as regional economic integration, global trade, and sustainable development.

"Harris is merely the runner-up; her media 'cheerleaders' are licking their wounds and will take longer to recover. After all, they were the ones who worked hardest to bring down Trump—yet, after eight years of effort, they’re weaker and more embarrassed than ever before," wrote Elle Purnell, an editor at The Federalist and one of the few traditional media figures who staunchly support Trump.

Geopolitical risks in the Middle East have rapidly escalated since the October 2023 attack on Israel by Hamas. In addition to Israel’s bombardment of Gaza, a regional war has grown likelier due to Iran–Israel tensions. This poses serious concerns for Japan’s energy security, which depends on Middle Eastern oil supply. (East Asia Forum)

Former Hyogo Governor Motohiko Saito has secured re-election following the gubernatorial election triggered by his resignation.