October 21, Friday, 2022 (1:30 p.m.) Newsline read by Mr. Yamaguchi Hiroaki

October 21, Friday, 2022 (1:30 p.m.) Newsline read by Mr. Yamaguchi Hiroaki

1.British Prime Minister Liz Truss told lawmakers on Wednesday that she is “a fighter, not a quitter.” Less than a day later, she announced her resignation. She has spent six weeks in office – the shortest tenure for any British prime minister. Truss set out a vision for growing the economy, by cutting taxes. However, her plans alarmed investors and drove the British pound to a record low. She was forced to reverse the policies and, now, to resign.
2.Japan’s latest consumer price index released on Friday shows a rise of 3 percent, an increase not seen in 31 years, excluding the effect of consumption tax hikes.
3.The United States says the sanctions and export controls it and its allies have imposed on Russia for its aggression in Ukraine have had “significant and long-lasting consequences” on Russia’s defense industry. The US State Department said on Thursday that Russia is struggling to import semiconductors and other key components, and has had to “cannibalize” existing aircraft parts.