Determine the future for decades to come. Biden will reportedly ask congress for roughly 100 billion on friday. He said the funding will go towards israel and ukraine and Americas National security needs. In his address on thursday biden discussed both Islamist Militant Group hamas and russian president Vladimir Putin. When terrorists dont pay a price for their terror, when dictators dont pay a price for their aggression, they cause more chaos and death and more destruction. They keep going, and the cost and the threats to america and the world keep rising. Bidens speech comes on the heels of his high stakes visit to israel for talks with Prime Minister benjamin netanyahu. Now, netanyahu has visited troops stationed at the border of the gaza strip ahead of an expected ground offensive against hamas. Israeli troops have seen hamas fighters launch attacks that have killed more than 1,400 people. Theyve retaliated with repeated air strikes. Authorities in gaza say at least 3,700 palestinians have been killed. Israeli units have been deployed along the border poised to cross over. The Prime Minister visited one staging ground to rally his troops. Netanyahus defense minister says soldiers looking at gaza from a distance will see it from the inside. Israeli leaders had cut off supplies to civilians, but now they say theyll allow deliveries of food, water, and medicine as long as they do not benefit hamas. Aid workers expect 20 trucks could cross into gaza as soon as friday. United nations Officials Say they need to respond to the most basic needs of civilians. Theyre calling for an immediate humanitarian ceasefire. Egypt says its ready to allow humanitarian aid into the gaza strip but will not open its borders to palestinians trying to flee the fighting. The egyptian president said on wednesday an influx of evacuees could lead to possible security risks and turn the Sinai Peninsula into a base for attacks against israel. He also said mass displacement would threaten the idea of a palestinian state. Sisi said palestinians affected by the fighting should be moved into the desert in southern israel instead. The u. S. Defense Department Says a ship in the red sea intercepted multiple missiles fired by iranian backed militants. The guided missile destroyer uss carny shot down three cruise missiles and several drones in the southern part of the sea. He blamed the Houthi Rebel Group in yemen for the launch. We cannot say for certain what these missiles and drones were targeting, but they were launched in yemen heading north towards to red sea potentially towards targets in israel. The incident came as the United States is on the alert for any intercension into the israelhamas conflict by antiisrael entities such as iran and its proxies. Ryder issued a warning to such groups. Japans diet has convened an extraordinary session for the First Time Since Prime Minister Kishida Fumio reshuffled his cabinet last month. Rising prices are expected to be a major topic on the agenda. In the lower house the former finance minister of the main Ruling Liberal Democratic Party was chosen to succeed hiroyuki as the speaker. He hopes to debate policies including how to tackle inflation. Translator we will give a detailed explanation to the people about what kind of changes my administration is taking up and trying to make them into opportunities and then into power. Isuma kenta is the head of the opposition constitutional democratic party. He says economic measures are taking too long. Translator id like to go into this diet session to share the accumulated feelings, suffering and pain of people in this country. Question and answer sessions are scheduled for three days from tuesday. The Ruling Coalition and the government plan to compile new economic measures and submit a draft supplementary budget to fund spending. Theyre aiming to have it passed before the end of the session on december 13th. And for a closer look at that extraordinary session Yamamoto Miki earlier spoke to masuda tsuyoshi. On monday hes expected to say that the economy will be his administrations top priority. Peoples wages in japan have not kept up with the rising prices. Kishida is expected to tackle that with a plan to share some of the governments tax revenues. But it doesnt appear that people should be waiting for a check in the mail. Hes designed time limited income tax cuts. And high is kishida issuing that now . I think hes trying to improve his public image. Take a look at this graph. His cabinet Approval Rating remains at around its record low. Kishida believes this is directly related to public discontent over rising prices. But tax revenues are becoming more important. The Kishida Administration plans to increase defense spending to a historic high. It has already decided to raise Corporate Income taxes in status to finance that. Some members of the ruling parties are puzzled. They say its going to be difficult to strike a balance between tax cuts and tax hikes and that the policies are inconsistent. Okay, now, lets shift to foreign policies. The big issue capturing the worlds attention is, of course, the israelihamas conflict. How is kishida going to address that . Very carefully. Kishida is trying to stay in step with the g7 while also not burning any bridges. Japan has built friendly relations with both israel and arab nations. Kishida is not being as vocal in his support for israel compared to western leaders. Still, japan has called the attacks by hamas terror attacks. And it told israel that the country has a right to protect itself and its people. But an Israeli Ground offensive is expected soon. The fear is that will kill many civilians. If that happens, kishida will face pressure on his stance on the conflict. And managing that diplomatic balance will become even more tricky. We stay with news out of japan. A kabuki actor has admitted to helping his parents commit suicide at a tokyo district court. His father whos also a kabuki actor and his mother were found collapsed at their home in tokyo. Both parents were confirmed dead. The 47yearold kabuki star is alleged to have given his parents sleeping drugs to help them end their lives. He told investigators he was going to follow them by killing himself. At the hearing friday he acknowledged the statement he made during the investigation was true. He was about to be accused of harassment in an article in a weekly newsmagazine. At the hearing he said the scandal was a factor but not the only reason for his decision. He also quoted his mother as saying theyll not let him go alone. Prosecutors said his parents did not have to commit suicide. They said their deaths had a great impact on society and should have serious consequences. The prosecutors are seeking three years in prison. The defense has asked for a suspended sentence. The court will hand down its decision on november 17th. Canada has withdrawn 41 of its diplomats and their families from india. It comes after new delhi said it planned to revoke their diplomatic immunity. Tensions between the two tensions have been rising over the murder of a sikh religious leader in canada. 41 canadian diplomats and their 42 dependents were in danger of having immunity stripped on an arbitrary date, and this would put their personal safety at risk. The sikh leader was killed in the province of British Columbia in june. He was a canadian citizen reportedly a supporter of the Sikh Independence Movement in northern india. Canadian Prime Minister Justin Trudeau has accused the Indian Government of being involved in the slaying, but new delhi has dismissed the allegation. Canadas foreign minister issued a statement about the matter. Joli said india announced it would unilaterally strip diplomatic privileges if outtaw did not reduce their numbers. She said it goes against international law. She described the move as unreasonable and escalatory. 21 canadian diplomats will remain in india but the foreign minister itll impact consular operation. She also said the government will respect diplomatic norms and not take retaliatory measures. In other news, north korea has reacted sharply to the landing of a u. S. Strategic bomber in south korea. It says u. S. Strategic assets are the first target of destruction. A Nuclear Capable b52 bomber took part in a joint drill with the south Korean Air Force and landed at a south korean air base on tuesday. A commentary by the state run news agency called it an intentionally provocative move by the u. S. It warns u. S. Trusteejic assets deployed in what the north considers puppet territories will be the first targets of destruction. North korea recently objected to a port call by a u. S. Nuclear powered Aircraft Carrier in south korea. State run media said u. S. Bases in japan are also potential targets as the Aircraft Carrier is based near tokyo. North korea says itll faithfully implement agreements with russia after pyeongyang welcomed moscows top diplomat this week. The u. S. Warns that could mean closer military ties. North Korean Leader kim jongun met with russias foreign minister Sergei Lavrov on thursday. The Ruling Workers Party newspaper reports kim looking at a forward looking and far reaching plan for future relations. They reportedly signed a plan for personnel exchanges over the coming years and discussed cooperation in all fields. Lavrovs visit follows kims meeting with russian president Vladimir Putin last month. The leaders are set to have reached a satisfactory agreement on sovereignty and regional security. Kim also visited a Russian Space Center Following two failed attempts to put a north korean Spy Satellite into orbit. Pyeongyang has said it may try a third time before the end of this month. Washington says north koreas Space Program is a cover for Ballistic Missile development and has voiced concern moscow may provide assistance. Next in weather, people in the greater tokyo area face some powerful gusts to wrap up the workweek. Our meteorologist jonathan oh has the forecast into the weekend in our World Weather report. Hello, we saw some strong winds in tokyo and along the eastern side of japan as we had a cold front try to move its way through. Some areas saw gusts up to like 70 Kilometers Per Hour at one time. And up to the north it caused some damage. Lets take a look at video coming out of aomori prefecture where this morning a part of the area was hit by a wind gust that might have been a tornado. The gust blew off the roof a warehouse and damaged the exterior walls and windows of a school. Aomori officials are conducting a survey investigating the situation, but thankfully no one has reported to be injured at this time. Were seeing a change in the weather. For a lot of people theyre probably thinking finally because weve been above average for the past, well, a while. Were finally going to see temperatures start to come back down because a low pressure system with a cold front is going to sweep on through, and theres going to be cold air coming in behind it, which means daytime highs are going to be, well, close to normal for this time of year. Some of the rain taking plplplp japan side of the country some of the rain could be on the heavier side and look at the potential for some land slides if this heavy rain really just dumps on you. And were looking at some snow possibilities from sapporo into places like nagano and the Higher Elevations here as that cold air starts to sink its way down. Lows from tokyo down to like 10 as we go through the weekend, so make sure you bundle up a bit. Sapporo looking at rain and nagano looking at clouds. Tokyo a high of 20, which is normal for this time of year coming up on sunday. Meanwhile, across the pacific into north america we have a busy pattern along the eastern side of the United States into system moving on through. That High Pressure coming in behind it, and so the western half of the United States staying relatively dry as you go into friday. Hope you have a good day wherever you are. That concludes this edition of nhk newsline. Im raja pradhan in tokyo. Thanks for watching. This is newsline biz. Im ramin mellegard. Households in japan can take some comfort in the latest economic data. It shows a slow down in consumer inflation in september. A big reason was government subsidies to bring down energy bills. The internal Affairs Ministry says the Consumer Price index excluding fresh food rose 2. 8 in september from a year earlier. Its the first time in 13 months for the rate to fall below 3 . Electricity bills were down 25 , and city gas almost 18 . Those are the largest such declines since january 1971 when comparable data became available. But consumers still have to pay more for their groceries. The food index jumped by nearly 9 . Fresh items are excluded from the tally because their prices vary widely based on the weather. Now, ministry Officials Say without the Energy Subsidies the top line would have shown a 3. 8 rise. And the bank of japan has upgraded its economic assessments for six of the nations nine regions on the back of growth in bound demand and steady Capital Investments. Boj regional managers released a report summarizing their assessments compared to three months ago. The report says the economy has been picking up in three regions and recovering moderately in three. The assessments were unchanged for the remaining three which were judged to be recovering in the july report. Now, the regional managers say the improvements result from people spending more on traveling and dining in addition to demand from foreign tourists. The recovery in production is leading to steady Capital Investment by businesses. The report also includes feedback on Consumption Patterns amid rising prices. Hotel owners say demand is very high even though room rates have increased. Super market operators say consumers are shifting towards buying low price brands as theyre becoming more cost conscious. They also say people are increasingly only buying essential items. The owners of 11 hotels and inns across japan are suing Reservation Service booking. Com over unpaid accommodation charges of guests who use its website. The hoteliers are seeking payment of damages in full of roughly 230,000 from the dutchbased company and its japan branch. Some of the owners say theyve been unable to pay their staff and have had to Sell Properties to raise money. A lawyer for the plaintiff says say more than 50 accommodation owners have consulted on the companys outstanding payments amounting to millions of dollars. Booking. Coms japan branch says it hasnt received any legal complaint yet, but it acknowledged in the statement that the renewal of its Payment System has caused some partners inconvenience. The company apologized for the delay in payments. The International Monetary fund says it has reached a staff level agreement with sri lanka that could lead to the release of about 330 million in funding. The south asian country is battling to recover from the worst economic crisis in its history. Last year it suspended debt repayments to International Creditors effectively putting it in default. In march the imf and sri lanka agreed on a fouryear Daylight Program worth about 300 billion. The 330 million would be the Second Branch released under the financing agreement or arrangement i should say. It follows the first review of the program by an imf team. The agreement announced thursday still needs to be approved by the funds board. The imf said sri lankas Macro Economic policy reforms has started to bear fruit, and the economy is showing tentative signs of stabilization. It added sustaining the reform momentum is critical. And the latest data out of china indicates that a slump in the Housing Market is spreading throughout the country. New home prices declined in more major cities in september than in the previous month. The National Bureau of statistics says prices dropped from august in 54 out of 70 major cities. The number is up by 2 and accounts for 77 of all cities. Two home prices roads in 15 and were unchanged in one. The Chinese Government is trying to reverse the laboring real estate slump. The question is whether the government will take additional action. Chinas Economic Outlook remains uncertain as major real estate firms try to tackle their serious financial problems. Toyota motor has says its agreed to adopt teslas electric vehicle charging standard for its models for the north American Market from 2025. Toyota motor and north america announced thursday it will incorporate charging ports compatible with a standard in some of its battery electric vehicles. They include a new suv to be assembled at its plant in kentucky. The auto giant says the agreement will give toyota drivers access to more than 12,000 Tesla Chargers in the region. Nissan and honda as well as General Motors have already adopted teslas charging standard. Now, next nhk worlds john ladue is here with biz picks. Every friday we bring you the latest in business with biz picks. First, a wrap of the market this week. The nikkei average closed at 31,259 this friday. For the week the nikkei lost about 3. 25 . Escalating middle east tensions weighed on sentiment in the first part of the week while later on higher japanese Government Bond yields stirred worries of more costly borrowing. Now, lets take a look at the week ahead. Officials at the European Central bank will decide Monetary Policy for the euro zone economy on thursday. On the same day, japans largest auto show will open for the first time in four years with a new name. The japan mobility show. So for our feature this week we focus on the rebranded event. Taking part this time are businesses and startups in various Industries Including nonauto, and theyre introducing ideas to help create a mobility society. The organizers decided on a full model change for the show amid challenges facing japans auto sector. One of these is the rapid global transition to electric vehicles. Ev makers from china took center stage at a major auto show in germany last month. China overtook japan as the Worlds Largest auto exporter in the first half of 2023 powered by an increase in its shipment of evs. Major i. T. Firms are also entering the field of autonomous vehicles, fully driverless taxis are already running on roads in the u. S. And china. Japans auto sector is keen to beef up its collaborations with other industries to get ahead of the cutthroat competition. Translator the Competitive Edge of japanese car makers is being put to the test. To remain in the running we need to step outside of the framework of the automobile and evolve in terms of a mobility industry in cooperation with other businesses. The main event of this years show highlights the new theme. It takes visitors to near future tokyo where increased mobility has changed various aspects of peoples lives. For example, one area gives visitors a chance to experience how mobility will transform both the idea of transportation and the cityscape. On display here is a quadroped robot. Another illustrates how mobility can play a major role in disaster relief. A Record Number of businesses are expected to take part, more than 470 in all. Motor shows around the world are increasingly shifting their emphasis beyond automobiles to whats known as case, connectivity, autonomous, shared, and electric. Going forward therell be a lot to absorb and keep track of during this once in a century mobility revolution. Im john ludo and and that was this weeks biz picks. Thanks for that, john. Now, lets get a check on the markets. Thats it for newsline biz from tokyo. Im ramin mellegard. Thank you very much for watching. Search of the italian mafias dirty money. U. S. President joe biden has reaffirmed washingtons support for israel a day after hundreds of palestinians were killed in an israeli strike in a hospital in gaza. What is behind steadfast u. S. Military and political backing for israel. This is inside story. Hello and welcome to the program. I am folly bah thibault
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