AGP Executive Report
Last update: 9 hours agoSecurity Policy: Prime Minister Sanae Takaichi says Japan will “seriously consider” nuclear-powered submarines as it updates its security policies; reports also say she may revisit the wording of the country’s three non-nuclear principles. Russia Tensions: Tokyo protested Russia’s detention of a Japanese journalist on suspicion of espionage and sought information and humane treatment. Moscow rejected the requests; Takaichi denied Japan was spying. Cabinet Pressure: Takaichi appointed Arata Takebe agriculture minister after scandal-hit Kazuo Yana resigned, the first departure from her cabinet. Economic Security: Japan and the United States launched a plan for up to $21 billion in GlobalFoundries chip plants in New York, with Japan providing the funding. Markets and Cybersecurity: Finance Minister Satsuki Katayama urged G20 counterparts to watch currency and bond-market volatility as yen weakness raises import costs. Japan has also declared its first cybersecurity emergency after attacks exposed millions of records. International Law: Japan has opposed U.S. sanctions on the International Criminal Court, saying they conflict with international law.
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