Tue, 21-Oct-2025

Japan’s record extra budget to boost virus-hit economy

Japan

Japan’s parliament enacted a record supplementary budget worth over $300 billion on Monday as part of the measures to bolster the world’s third largest economy, as the pandemic threat drags on. The extra budget, larger than the total annual GDP of countries such as Colombia, Vietnam and Finland, will fund part of the massive virus … Read more

Japan’s record extra budget to boost virus-hit economy

Japan

TOKYO: Japan’s parliament enacted a record supplementary budget worth over $300 billion on Monday as part of the measures to bolster the world’s third largest economy, as the pandemic threat drags on. The extra budget, larger than the total annual GDP of countries such as Colombia, Vietnam and Finland, will fund part of the massive virus … Read more

Japan elects Yoshihide Suga as the new Prime Minister

Japan elects Yoshihide Suga as the new Prime Minister

Yoshihide Suga has been elected as Japan’s new Prime Minister.  The vote confirms the new position of the former Chief Cabinet Secretary after winning the election. Mr. Suga is likely to continue his predecessor’s policies.  According to the international news agency, Mr. Suga won a poll for prime minister in the Diet, Japan’s lower house, … Read more

Japan’s governing party to choose Shinzo Abe’s successor today

Shinzo Abe

Japan’s governing party is set to choose a new successor of Shinzo Abe on Monday.  Prime Minister Shinzo Abe has announced his resignation due to health problems. Chief cabinet secretary Yoshihide Suga is likely to become the next prime minister. He is expected to remain as a Prime Minister until 2021. “Shinzo Abe and the … Read more