Tag: Japans

  • Explosive thrown at Japan’s PM at campaign event

    Explosive thrown at Japan’s PM at campaign event

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    TV footage shows Kishida standing with his back to the crowd. His security detail suddenly points to the ground near him, and the prime minister whips around, looking alarmed. The camera quickly turns to the crowd just as several people, including uniformed and plainclothes police officers, converge on a young man wearing a white surgical mask and holding what appears to be another device, a long silver tube.

    As they collapse on top of the man, working to remove the tube from his hands, a large explosion is heard near where Kishida had been standing. The crowd scatters in panic as police roughly drag the man away.

    It wasn’t immediately clear what the explosive device was or how many the suspect had, but some reports said it was a smoke or pipe bomb, possibly with a delayed fuse.

    No injuries were reported in the incident, which came on the eve of a major international forum in Japan. Kishida was not hurt and continued his campaign speeches later Saturday, Matsuno said.

    Kishida did not mention the explosion and returned to the Tokyo region in the evening after campaigning in Chiba for another candidate.

    “Elections are the core of democracy, and we should never tolerate threats or obstruction by violence,” Matsuno said.

    He said he instructed national police to ensure their utmost effort for the protection of dignitaries who are visiting Japan in the period leading up to the Group of Seven summit in May.

    Abe’s assassination, which shocked a nation that prides itself on public safety and extremely tight gun controls, came as he delivered a campaign speech in the western city of Nara. Amid a national outcry, police have tightened their protective measures following a subsequent investigation that found holes in Abe’s security.

    Security has been also ramped up in Japan as senior diplomats from some of the world’s most powerful democracies arrive for Sunday’s G-7 foreign minister meetings. Kishida will host a May 19-21 G-7 leaders’ summit in his hometown of Hiroshima.

    One witness Saturday told NHK television that she was standing in the crowd when she saw something come flying from behind. After a sudden loud noise, she fled with her children. Another witness said people were screaming and that he saw someone being apprehended right before the explosion occurred.

    Saturday’s attack comes ahead of nationwide local elections, including several by-elections for vacated parliamentary seats, with voting scheduled for April 23.

    In Abe’s assassination, the former prime minister was shot with a homemade gun during a campaign speech. The suspect, Tetsuya Yamagami, has been charged with murder and several other crimes, including violating the gun control law.

    He told investigators that he killed Abe, one of Japan’s most influential and divisive politicians, because of the former prime minister’s apparent links to a religious group that he hated. In statements and in social media postings attributed to him, Yamagami said he developed a grudge because his mother had made massive donations to the Unification Church that bankrupted his family and ruined his life.

    Abe’s assassination led to the resignation of top local and national police chiefs and a tightening of security guidelines for political leaders and other prominent people.

    Kishida’s government was hoping to focus world attention this weekend on the hot spring resort town of Karuizawa, where senior diplomats will gather Sunday for the so-called Group of Seven foreign ministers’ meeting.

    The foreign ministers from Japan, the United States, the United Kingdom, France, Germany, Canada, Italy and the European Union are expected to focus on worries over Russia’s war in Ukraine, China’s increasingly belligerent rise and North Korea’s provocative string of weapons’ tests.

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    ( With inputs from : www.politico.com )

  • Japan’s population drops below 125 mn, down for 12th year

    Japan’s population drops below 125 mn, down for 12th year

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    Tokyo: The population of Japan dropped to 124.95 million in 2022, marking the 12th consecutive year of decline, latest government data revealed on Wednesday.

    As of October 1 last year, the total population including foreigners saw a decrease of 556,000, or 0.44 per cent from the previous year, according to the data released by the Ministry of Internal Affairs and Communications.

    The number of Japanese nationals, which came in at 12.2 million, plunged by 750,000, the decline of which has been expanding since 2011, Xinhua news agency reported citing the Ministry as saying.

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    The figure represented the largest comparable decline since data became available in 1950.

    In the latest count, the number of people under the age of 15 came to 14.5 million, making up for the lowest-ever 11.6 per cent of the population, while those aged 65 or over totaled about 36.23 million, slightly up from a year earlier to account for 29 per cent of the total.

    Of the total population, males accounted for 48.6 per cent with a fall for the 15th consecutive year, while the female population saw the 12th consecutive year of decline to account for 51.4 per cent.

    The population sex ratio, or the ratio of males to females in a population, was 94.7, with females outnumbering males by 3,431,000, the data showed.

    Japan’s total population fell below the previous year’s level for the first time in 2005, then peaked in 2008, and has declined for 12 consecutive years since 2011, the Ministry’s report said.

    With a declining birthrate and an aging population, a shrinking workforce and a greater financial burden on the medical and social security systems are posing challenges to the country.

    Prime Minister Fumio Kishida has on multiple occasions promised to focus on policies related to children this year, vowing to tackle the low birthrate through “unprecedented” steps.

    In the latest move to tackle the falling birthrate, the government put into operation a new administrative body Children and Families Agency to better serve the country’s child-related policies.

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    ( With inputs from www.siasat.com )

  • Japan’s next BC president says he has ideas for exiting ultra-loose monetary policy – ISTOÉ DINHEIRO

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    By Leika Kihara and Tetsushi Kajimoto

    TOKYO (Reuters) – Incoming Bank of Japan Governor Kazuo Ueda said on Monday he had ideas about how Japan’s central bank might exit its massive monetary stimulus, but a shift to tighter policy would only come when the country’s inflation tendency to increase significantly.

    The central bank will reduce its bond purchases and is likely to move towards monetary policy normalization when sustained achievement of its 2% inflation target is in sight, Ueda said.

    With inflation trending below the Bank of Japan’s target, however, the central bank is likely to stick to the current ultra-loose policy for the time being, he added.

    “Big improvements must be made in Japan’s inflation trend for the Bank of Japan to shift to monetary tightening,” Ueda said.

    “It’s not that I don’t have ideas on how to adjust the Bank of Japan’s current policy. But the desirable adjustment will vary depending on economic changes at the moment,” Ueda said, adding that it was premature to comment on how the central bank might change monetary policy.

    For now, the Bank of Japan’s ultra-lax conduct was appropriate as the benefits of monetary policy, such as boosting growth, exceeded the costs, such as deteriorating market functions, he said.

    “If the inflation trend does not pick up, the Bank of Japan should shift to a more sustainable monetary policy or an easing monetary framework that takes care of the cost of its stimulus,” Ueda told a confirmation hearing in parliament.

    Ueda said he sees no need now to change the 2% inflation target or the central bank’s language in a joint statement the government signed in 2013 obliges the central bank to hit the price target as soon as possible.

    He also said the Bank of Japan must watch out for an unwelcome rise in inflation, maintaining a commitment to continue increasing money printing until inflation exceeds its 2% target.

    Upon parliamentary approval, Ueda will succeed incumbent President Haruhiko Kuroda, whose second five-year term as head of the bank ends on April 8.

    (Reporting by Leika Kihara and Tetsushi Kajimoto)

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    [ad_2] #Japans #president #ideas #exiting #ultraloose #monetary #policy #ISTOÉ #DINHEIRO ( With inputs from : pledgetimes.com )