Japan’s ruling coalition lost its majority in the latest general election, leading to political instability due to voter apathy and ongoing public distrust. Prime Minister Shigeru Ishiba’s LDP and its partner fell short of forming a government, impacting markets with policy U-turns and potential coalition struggles. Despite the LDP’s setback, structural reforms are expected to continue benefiting the economy, while Japanese CEOs focus on growth amidst political uncertainty.
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Panama Canal Fees Have Become a Flashpoint. Here’s Why They’ve Risen.
President Trump has criticized the rising costs of using the Panama Canal, citing droughts, upgrades, and high demand as contributing factors. Despite potential pressure to lower fees, the impact on American consumers is minimal, with canal costs representing a small portion of retail prices. Concerns over Chinese investments in Panama's infrastructure and security issues have also been raised by American politicians, prompting recent discussions between Secretary of State Marco Rubio and Panamanian officials. Full Article
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