Japan's Ruling Party Advances Proposal to Cut Food Consumption Tax to 1%
The Liberal Democratic Party moves forward with a plan to reduce the food tax from 8% to 1% for two years starting April, amid rising food prices and funding uncertainties.
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The Liberal Democratic Party moves forward with a plan to reduce the food tax from 8% to 1% for two years starting April, amid rising food prices and funding uncertainties.
Showing 1-24 of 44 articles.
business
The plan to lower the consumption tax on food has raised concerns about Japan's fiscal discipline and social security funding.
Nikkei Asia | Jul 31, 2026, 9:33 AM
business
Prime Minister Sanae Takaichi advances a $30 billion reduction in the consumption tax on food to ease household inflation pressures despite fiscal challenges.
Nikkei Asia | Jul 30, 2026, 12:29 PM
world
Prime Minister Sanae Takaichi announced plans to reduce the sales tax on food from 8% to 1% for two years starting April 2027, aiming to ease living costs amid concerns over Japan's fiscal health.
CNA Latest News | Jul 30, 2026, 5:22 AM
business
Takaichi aims to boost support with tax legislation as bond markets react to concerns over fiscal expansion and rising interest rates.
Nikkei Asia | Jul 28, 2026, 10:38 PM
general
A comprehensive review finds that eating less protein could trigger metabolic benefits linked to longer life, especially for sedentary adults.
Fox News Latest | Aug 3, 2026, 9:41 PM
politics
President Trump visits Los Angeles and Las Vegas to highlight tax cuts and contrast his policies with Democratic leadership ahead of key elections.
The Hill | Aug 3, 2026, 6:37 PM
general
Research of over 64,000 individuals suggests that limiting sugar consumption during pregnancy and the first two years of life may reduce dementia risk by up to 23%.
Fox News Latest | Aug 2, 2026, 9:50 PM
business
Despite promising better jobs, Japan struggles with fewer workers available as political and economic changes unfold.
Nikkei Asia | Aug 2, 2026, 9:39 PM
us
The plan to open five city-owned grocery stores aims to offer food at 30% below retail prices amid soaring costs, but faces opposition from local business owners concerned about competition.
Guardian US | Aug 2, 2026, 12:44 PM
us
Governor Gavin Newsom announces a minimum wage increase to $17.40, the highest in the nation, effective January 1, 2027, amid criticism of federal wage policies.
Guardian US | Aug 1, 2026, 9:04 PM
general
Homeowners now have an additional month to apply for exemptions from the new tax targeting high-value secondary residences in New York City.
Fox News Latest | Aug 1, 2026, 8:13 PM
politics
The state accuses prediction market Kalshi of operating without proper licenses and demands hefty penalties and restitution.
Reason | Aug 1, 2026, 8:19 AM
world
The Singapore Food Agency announces targeted support to help local farms manage higher operating expenses and sustain production.
CNA Latest News | Jul 31, 2026, 6:42 AM
politics
Over 92,000 private jets contributed to significant excess carbon pollution during the FIFA World Cup, raising concerns about environmental impact and tax breaks for luxury jet purchases.
The Hill | Jul 30, 2026, 11:45 AM
world
Higher oil prices linked to Middle East tensions have led Japan's government to reduce its economic growth outlook for the current fiscal year, while projecting a budget surplus return in 2027.
CNA Latest News | Jul 30, 2026, 3:01 AM
world
Artificial intelligence features prominently in over a third of the funded projects, including efforts to reduce AI data centre power consumption by up to 20%.
South China Morning Post World | Jul 29, 2026, 5:34 PM
politics
Experts criticize the federal response to a cyclosporiasis outbreak tied to iceberg lettuce from Mexico, highlighting a lack of clear leadership and confusing messaging.
The Hill | Jul 26, 2026, 10:51 AM
us
A report reveals that more than 4 million Americans, including over 1 million children, lost access to SNAP benefits after Congress passed the One Big Beautiful Bill Act in July 2025.
Guardian US | Jul 26, 2026, 8:38 AM
world
UK Prime Minister Andy Burnham shifts some government functions to Manchester with Number 10 North, prompting responses from Scotland and Wales on political autonomy.
Al Jazeera | Jul 24, 2026, 11:01 AM
world
A severe heatwave in Egypt is impacting daily life, work conditions, and the economy, with temperatures exceeding 45°C and prompting adjustments across sectors.
Africanews | Jul 23, 2026, 7:15 AM
general
Engineers at Penn State have created a conductive ink-based electronic tattoo that tracks ECG, EMG, and EEG signals while resembling body art.
Fox News Latest | Jul 21, 2026, 11:41 AMus
Widespread agency cuts, delayed research funding, and election security concerns mark a challenging period for the United States under Donald Trump’s leadership.
Guardian US | Jul 19, 2026, 12:12 PMworld
Rising cash withdrawals and tax evasion tactics reflect growing economic challenges in Russia as the war with Ukraine continues.
BBC World | Jul 19, 2026, 3:39 AMShowing 1-24 of 44 articles.