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The penultimate day of the World Urban Forum 13 in Baku will see Azerbaijan's Pavilion highlight post-construction efforts in Garabagh ...
U.S. President Donald Trump gave his “complete and total endorsement” of Japanese Prime Minister Sanae Takaichi on Thursday (5 February) ahead of Japan’s national election on Sunday, backing the country’s first female premier as she seeks a fresh mandate for controversial spending plans.
President Trump said he would host Takaichi at the White House on 19 March, underscoring close ties between the two leaders as opinion polls show her ruling coalition on course for a decisive victory.
“Prime Minister Takaichi is someone who deserves powerful recognition for the job she and her Coalition are doing,” Trump wrote on his Truth Social platform, “It is my honour to give a complete and total endorsement of her.”
Takaichi’s Liberal Democratic Party (LDP) and its junior partner, the Japan Innovation Party (Ishin), are projected to win around 300 seats in the 465-seat lower house, expanding their razor-thin majority, according to recent surveys.
The endorsement comes as investors react nervously to Takaichi’s pledge to suspend the 8% sales tax on food, a move aimed at easing the cost-of-living crisis but estimated to cut annual revenue by about 5 trillion yen ($30 billion) in an economy already carrying the world’s heaviest public debt burden.
In recent weeks, Japanese government bonds have come under pressure and the yen has weakened sharply, amid concerns over how Tokyo would fund the measures.
Analysts say, however, that a strong LDP victory could be viewed by markets as the least disruptive outcome, given that opposition parties are proposing even deeper tax cuts and broader spending.
Takaichi, 64, hosted Trump in Tokyo shortly after taking office in October, presenting him with a golf putter once used by the late former prime minister Shinzo Abe.
Trump praised her for breaking Japan’s political “glass ceiling”, while Takaichi pledged billions of dollars in investment, reinforcing the U.S.–Japan alliance.
However, relations with Beijing have since deteriorated after Takaichi publicly outlined how Japan might respond to a Chinese attack on Taiwan, triggering the most serious diplomatic row between the two countries in more than a decade.
Trump, who is seeking to preserve a fragile trade truce with China, urged Takaichi in a private phone call in November not to further aggravate Beijing, sources reported.
Japanese officials say a commanding electoral win could strengthen Takaichi’s hand in dealing with China, though Beijing has criticised her defence agenda as a revival of Japan’s past militarism.
Despite economic jitters and diplomatic tensions, Takaichi’s approval ratings remain high. She has attracted a strong following among younger voters, some of whom have bought replicas of the bag she carries and the pink pen she uses in parliament.
Turnout among younger voters, as well as heavy snowfall in parts of the country, could affect the final margin.
PM Takaichi has said she would resign if she loses her majority.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Day four of the World Urban Forum (WUF) in Baku brings a packed agenda on sustainable cities and the global housing crisis, with sessions on green housing, smart cities, public spaces and urban rights taking place on Wednesday (20 May) at Baku Olympic Stadium in Azerbaijan.
At least 21 people have been killed and thousands evacuated after torrential rain triggered flooding, landslides and transport disruption across southern and central China, with authorities warning that more heavy rainfall is expected along the Yangtze River.
The penultimate day of the World Urban Forum 13 in Baku will see Azerbaijan's Pavilion highlight post-construction efforts in Garabagh and East Zangezur, as well as host events on the future of Baku and architectural education.
Russia’s ambassador to the United Nations Vasily Nebenzya warned on Tuesday (19 May) that Moscow could retaliate against Baltic states if Ukraine launches military drones from that region. Latvia, the United States and Ukraine responded strongly during a UN Security Council meeting.
Activists from a Gaza-bound flotilla detained by Israel at sea have been released from prison and are expected to be deported to Türkiye, officials confirmed on Thursday.
NATO fighter jets were activated on Thursday (21 May) after at least one drone entered Latvian airspace, according to Latvia’s armed forces, marking the latest in a series of security incidents across the Baltic region linked to the war in Ukraine.
Russia pledged support for Cuba on Thursday after the U.S. indicted former Cuban president Raúl Castro on murder charges linked to the 1996 downing of exile planes, escalating tensions between Washington and Havana.
Financial documents released on Wednesday (20 May) ahead of SpaceX going public - in what is expected to be Wall Street’s biggest ever listing - revealed the firm made operating losses of $1.94 billion, despite Elon Musk being tipped to become the world’s first trillionaire.
The European Union has moved closer to finalising a trade agreement with the United States in an effort to avoid a new tariff escalation threatened by President Donald Trump. The proposed deal is aimed at stabilising transatlantic trade ties amid mounting economic and political pressure.
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