TOKYO -- Japanese Prime Minister Sanae Takaichi, who advocates a "responsible and proactive fiscal policy," recently pushed the Cabinet to approve a draft 18.3 trillion yen (117 billion U.S. dollars) supplementary budget for 2025 fiscal year to fund her massive economic package, yet Japan's deep-seated economic strains remain unresolved.
With the yen sliding, government debt piling up and inflation running high, Japanese media outlets and experts argued that Takaichi's big-spending agenda is at odds with the country's current economic conditions, fueling market concerns about Japan's fiscal health. The package delivered scant results while risking inflicting further damage on the economy. (Japan-Takaichi-Fiscal Policy)
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NEW DELHI -- The Indian government on Saturday invoked regulatory powers and announced a cap on fares to control the rising airline ticket prices, amid IndiGo's chaos that resulted in mass flight cancellations and skyrocketing airfares.
The federal civil aviation ministry issued a directive to all airlines mandating strict adherence to all fare caps that it has prescribed to protect passengers from any form of willful pricing. (India-IndiGo-Flight Cancellations)
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KUALA LUMPUR -- A Chinese delegation composed of experts in the field of human rights and related areas has undertaken a successful mission in engaging fellow experts in Indonesia and Malaysia from Monday to Saturday.
The delegation, organized by China Society for Human Rights Studies, focused on explaining China's practice of respecting and protecting human rights and the key principles of the contemporary Chinese perspective of human rights. (Malaysia-China-Human Rights)
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ISLAMABAD -- Pakistani security forces exchanged fire with Afghan Taliban forces along the border in Pakistan's southwest Chaman district, Pakistani security sources told Xinhua on Saturday.
Pakistani troops responded with precision to the unprovoked firing, reinforcing that any violation of the country's territorial integrity will be met with immediate and decisive action, said the sources. (Pakistan-Afghanistan-Fire) Enditem
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