1. US President-elect Donald Trump says NATO member countries should increase their defense spending to 5 percent of their GDP. Trump said defense spending by NATO members should be at 5 percent, not 2 percent, of GDP. He has been promoting his “America First” policy. He has repeatedly claimed that NATO member states are not paying their fair share on defense.
2. A new term started on Wednesday at an elementary school in Anamizu Town in central Japan’s Ishikawa Prefecture. The school building was severely damaged in the massive earthquake that struck the Noto Peninsula on New Year’s Day last year. About 130 children at Anamizu Elementary School exchanged greetings at the entrance of their temporary school building. 3. Sumitomo Mitsui Banking plans to raise its starting monthly salary to 300,000 yen, or nearly 1,900 dollars from April next year. The firm is the first among Japanese megabanks to offer wages at this level. A number of financial organizations are making plans to raise base pay for newcomers, amid Japan’s severe labor shortage.
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