June 8, Wednesday, 2022 (1:30 p.m.) Newsline read by Mr. Yamaguchi Hiroaki

June 8, Wednesday, 2022 (1:30 p.m.) Newsline read by Mr. Yamaguchi Hiroaki

1.Japan’s Cabinet has approved plans for what Prime Minister Kishida Fumio calls a “new form of capitalism.” The strategies are aiming to double people’s incomes from assets. The government wants to grow the economy while dealing with issues like climate change and digital transformation.
2.Russia’s Foreign Ministry says it will suspend the implementation of a 1988 agreement with Japan that allows Japanese fishing boats to operate safely near the four Russian-held islands claimed by Japan.
3.Ukraine is the setting of Russia’s months-long invasion, but the impacts are being felt far beyond. Key shipments are being blocked, driving up food costs and putting people in danger of going hungry.