Rapidly rising food and energy costs, coupled with a plunging yen that has hit a 20-year low against the dollar, are weighing on a Japanese economy struggling to emerge from the pandemic.
Tag: Kishida, Fumio
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Japan Sends Ukraine Military Equipment, Shedding Pacifist Constraints
Growing calls for more military spending after Russia’s invasion of Ukraine demonstrate Japan’s recognition that it must bolster its own deterrent power, not just rely on its U.S. alliance.