TOKYO – Japanese Prime Minister Sanae Takaichi coalition achieved a historic victory in Sunday’s (Feb 8) lower house elections, granting her government a supermajority and paving the way for ambitious economic and security policies. Read More: PM Takaichi calls snap election in Japan Takaichi, Japan’s first female leader, led the Liberal Democratic Party (LDP) to 316 of 465 seats, […]
tax cuts
Takaichi party poised for landslide in Japan’s lower house election
TOKYO: Japanese Prime Minister Sanae Takaichi ruling party is on track for a commanding victory in next week’s lower house election, according to a survey conducted by the Asahi newspaper, boosting her mandate for expansionary fiscal policies. Read More: PM Takaichi calls snap election in Japan The poll, released Sunday, indicates Takaichi’s Liberal Democratic Party (LDP) is likely to […]
Takaichi unveils $135B stimulus as markets shiver
Japan approved a 21.3 trillion yen stimulus package on Friday, marking Prime Minister Sanae Takaichi’s first major policy move since taking office. The plan reflects her pledge to use aggressive fiscal spending to revive growth. It includes 17.7 trillion yen in general account outlays and the biggest stimulus since the COVID era. Markets reacted nervously […]
UK govt: no spending cuts, no reverse on tax cuts
UK govt said on Wednesday it would not reverse its vast tax cuts or reduce public spending as it sought to stand firm in the face of yet more turmoil in financial markets and concerns over its change in economic policy. British financial markets have been under strain since last month when finance minister Kwasi […]