QUIZ: Are You Making The Most Of Your Retirement Plan?
Editor: Kara Stiles / Jessica Militare
Designer: Janet Yin Editorial Standards Reprints & Permissions
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
a few seconds ago
Japan Govt Paper Calls for All Measures to Be Taken for Wage Hikes
News from Japan Economy Jul 29, 2025 11:05 (JST) Tokyo, July 29 (Jiji Press)--The Japanese government in an annual white paper on Tuesday underlined the need to take all possible measures to realize wage increases that outpace inflation. Although mainly major companies have continued to raise wages, consumption recovery remains weak due to rising prices, said the Annual Report on the Japanese Economy and Public Finance for fiscal 2025, which was submitted to the day's cabinet meeting by economic and fiscal policy minister Ryosei Akazawa. It stressed that, amid concerns over the risks from the U.S. high tariff policy, now is a turning point for whether Japan can transform its economy into a growth-oriented one based on wage hikes. Prolonged high prices for food and other goods have pushed down consumer sentiment and real wages, the white paper analyzed. Furthermore, it said that predictions for continued price climbs and low expectations for lasting wage hikes have curbed consumption. Actually, price levels predicted by households have risen. According to a Bank of Japan survey in January-March 2025, the expected rate of inflation one year later came to around 10 pct, and the expected average rate of inflation over the next five years stood at around 5 pct. [Copyright The Jiji Press, Ltd.] Jiji Press
Yomiuri Shimbun
a few seconds ago
- Yomiuri Shimbun
Trump Sets New Deadline of 10 or 12 Days for Russia to Act on Ukraine
TURNBERRY, Scotland, July 28 (Reuters) – U.S. President Donald Trump set a new deadline on Monday of 10 or 12 days for Russia to make progress toward ending the war in Ukraine or face consequences, underscoring frustration with Russian President Vladimir Putin over the 3-1/2-year-old conflict. Trump has threatened sanctions on both Russia and buyers of its exports unless progress is made. The fresh deadline suggests the U.S. president is prepared to move forward on those threats after previous hesitation to do so. Speaking in Scotland, where he was holding meetings with European leaders and playing golf, Trump said he was disappointed in Putin and shortening a 50-day deadline he had set on the issue earlier this month. 'I'm going to make a new deadline of about … 10 or 12 days from today,' Trump told reporters during a meeting with British Prime Minister Keir Starmer. 'There's no reason in waiting… We just don't see any progress being made.' There was no immediate comment from the Kremlin. In a post on X, former Russian President Dmitry Medvedev, a close ally of Putin, said Trump was playing 'a game of ultimatums' that could lead to a war involving the U.S. Medvedev wrote: 'Each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with (Trump's) own country.' Ukrainian President Volodymyr Zelenskiy praised Trump's 'particularly significant' statement as timely in trying to move forward to a peace settlement. 'Clear stance and expressed determination by @POTUS – right on time, when a lot can change through strength for real peace,' Zelenskiy wrote on X. 'I thank President Trump for his focus on saving lives and stopping this horrible war,' Zelenskiy said. Ukraine, he said later in his nightly video address, favoured tougher sanctions as a 'key element' in ending the war. 'Russia pays attention to sanctions, pays attention to such losses,' he said Trump, who has expressed annoyance also with Zelenskiy, has not always followed tough talk about Putin with action, citing what he deems a good relationship that the two men have had previously. On Monday, Trump indicated he was not interested in more talks with Putin. He said sanctions and tariffs would be used as penalties for Moscow if it did not meet Trump's demands. 'There's no reason to wait. If you know what the answer is going to be, why wait? And it would be sanctions and maybe tariffs, secondary tariffs,' Trump said. 'I don't want to do that to Russia. I love the Russian people.' Ukraine had proposed a summit between Putin and Zelenskiy before the end of August, but the Kremlin has said that timeline was unlikely and that a meeting could only happen as a final step to clinch peace. Russia's foreign ministry said on Saturday that if the West wanted real peace with Ukraine, it would stop supplying Kyiv with weapons. Trump has repeatedly voiced exasperation with Putin for pursuing attacks on Ukraine despite U.S. efforts to end the war. Trump has played up successes in other parts of the world where the United States has helped to broker peace agreements and has been flattered by some leaders who suggest he should be given the Nobel Peace Prize. 'I'm disappointed in President Putin,' Trump said on Monday. 'I'm going to reduce that 50 days that I gave him to a lesser number because I think I already know the answer what's going to happen.' Trump, who is also struggling to achieve a peace deal in Gaza, has touted his role in ending conflicts between India and Pakistan as well as Rwanda and Congo. Before returning to the White House in January, Trump campaigned on a promise to end Russia's conflict with Ukraine in a day. 'We thought we had that settled numerous times, and then President Putin goes out and starts launching rockets into some city like Kyiv and kills a lot of people in a nursing home or whatever,' Trump said. 'And I say that's not the way to do it.'
Yomiuri Shimbun
a few seconds ago
- Yomiuri Shimbun
Israeli Fire Kills Dozens in Gaza, Officials Say, as Aid Delivery Remains Chaotic after New Measures
DEIR AL-BALAH, Gaza Strip (AP) — Israeli strikes or gunfire killed at least 78 Palestinians across the Gaza Strip on Monday, including a pregnant woman whose baby was delivered after her death but also died, local health officials said. Dozens were killed while seeking food, even as Israel moved to ease restrictions on the entry of aid. Under mounting pressure over the spiraling hunger crisis in Gaza, Israel said over the weekend that the military would pause operations in Gaza City, Deir al-Balah and Muwasi for 10 hours a day and designate secure routes for aid delivery. International airdrops of aid have also resumed. Aid agencies say the new measures are not enough to counter worsening starvation in the territory. Martin Penner, a spokesperson for the U.N. food agency, told The Associated Press that all 55 of its aid trucks that entered on Sunday were unloaded by crowds before reaching their destination. Another U.N. official said nothing on the ground has changed and no alternative routes were allowed. Israel said it would continue military operations alongside the new humanitarian measures. Newborn dies after complex surgery A baby girl died hours after being delivered in a complex emergency cesarean. She had been placed in an incubator and was breathing with assistance from a ventilator, AP footage showed. Her mother, Soad al-Shaer, who had been seven months pregnant with her, was among 12 Palestinians killed in an Israeli airstrike on a house and neighboring tents in the Muwasi area of Khan Younis, according to Nasser Hospital, which received the bodies. Another strike hit a two-story house in Khan Younis, killing at least 11 people, more than half of them women and children, according to the hospital. At least five others were killed in strikes elsewhere in Gaza, according to other hospitals. The Israeli military did not immediately respond to a request for comment on most of the strikes. It said it was not aware of one strike in Gaza City during the pause that health officials said killed one person. Israel says it only targets militants and blames civilian deaths on Hamas because the militants operate in densely populated areas. The daily airstrikes across the territory frequently kill women and children. Israel allows more aid to enter Images of emaciated children have sparked outrage around the world, including from Israel's close allies. U.S. President Donald Trump on Sunday called the images of emaciated and malnourished children in Gaza 'terrible.' Israel has restricted aid to varying degrees throughout the war. In March, it cut off the entry of all goods, including fuel, food and medicine, to pressure Hamas to free hostages. Israel partially lifted those restrictions in May but also pushed ahead on a new U.S.-backed aid delivery system that has been wracked by chaos and violence. Traditional aid providers have encountered a breakdown in law and order surrounding their deliveries. COGAT, the Israeli military body in charge of coordinating aid shipments, said U.N. agencies collected 120 trucks for distribution on Sunday and that another 180 trucks had been allowed into Gaza. The United Nations and aid groups say the territory needs 500-600 trucks a day to meet its needs. Israel's blockade and military operations have destroyed nearly all food production in the territory of roughly 2 million Palestinians. Aid groups say airdrops are ineffective Also on Monday, two air force planes from Jordan and the United Arab Emirates airdropped 17 tons of humanitarian aid in Gaza — an amount that would fill less than a single aid truck. Aid groups say airdrops are often ineffective and dangerous, with falling parcels landing on people or in combat zones or other dangerous areas. 'At the moment, 2 million people are trapped in a tiny piece of land, which makes up just 12% of the whole strip — if anything lands in this area, people will inevitably be injured,' said Jean Guy Vataux, emergency coordinator in Gaza for Doctors Without Borders. 'If the airdrops land in areas where Israel has issued displacement orders, people will be forced to enter militarized zones — once again risking their lives for food,' he added. The head of the U.N. agency for Palestinian refugees, Philippe Lazzarini, warned that airdrops are 'expensive, inefficient and can even kill starving civilians,' and would not address the crisis. Dozens killed seeking aid, officials say At least 25 people were killed by Israeli forces while seeking aid from a truck convoy passing through the southern Gaza Strip, according to health officials and witnesses. There was no immediate comment from the Israeli military. Four children were among those killed, according to records at Nasser Hospital, which received the bodies. The shooting occurred in a military corridor Israel has carved out between the southern cities of Khan Younis and Rafah. It was not immediately clear who had supplied the convoy. Survivors at the hospital said Israeli forces had fired toward the crowds. More than 1,000 Palestinians have been killed by Israeli fire while seeking aid since May, according to the U.N. human rights office, witnesses and local health officials. The Israeli military has said it only fires warning shots at people who approach its forces. The Awda hospital in central Gaza said it received the bodies of seven Palestinians who it said were killed by Israeli fire close to an aid distribution site run by the Gaza Humanitarian Foundation, an Israeli-backed American contractor. The hospital said 20 others were wounded close to the site. GHF did not immediately respond to a request for comment. Fares Awad, head of the Gaza Health Ministry's emergency service, said at least five Palestinians were killed and about 30 others were wounded by Israeli gunfire while waiting for aid trucks from the Zikim Crossing near Gaza City. Hamas started the war with its Oct. 7, 2023, attack, in which Palestinian militants killed some 1,200 people and abducted 251 others. They still hold 50, and Israel believes that more than half the remaining hostages are dead. Most of the rest were released in ceasefires or other deals. Israel's retaliatory offensive has killed more than 59,800 Palestinians, according to Gaza's Health Ministry. Its count doesn't distinguish between militants and civilians. The ministry operates under the Hamas government. The U.N. and other international organizations see it as the most reliable source of data on casualties.
