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On October 30, 2024, the Tokyo High Court declared Japan's ban on same-sex marriage unconstitutional, marking a significant victory for LGBTQ+ rights. This ruling is the seventh to challenge the ban, raising hopes for marriage equality in a country that has lagged behind its G7 peers. The government is expected to monitor further developments.
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As of October 31, 2024, Asian markets, particularly in India and Japan, are experiencing shifts in investor sentiment due to political instability and renewed interest in China's stock market following a stimulus package. This change raises concerns about the sustainability of previous market rallies.
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Tsunehisa Katsumata, former chairman of TEPCO during the Fukushima disaster, passed away on October 21, 2024. His death comes amid ongoing legal battles related to the 2011 nuclear crisis, which continues to impact Japan's energy policies and public sentiment towards nuclear power.
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Japan's Prime Minister Ishiba faces challenges in strengthening ties with President Trump amid escalating regional tensions. Analysts warn that Trump's transactional approach could disadvantage Japan, especially given Ishiba's weak political position following recent elections. The focus remains on military cooperation and addressing security threats from China and North Korea.
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Shigeru Ishiba was re-elected as Japan's Prime Minister on November 11, 2024, following a significant election loss that left his party without a majority. His leadership is now challenged by public discontent, a minority government, and the need to navigate opposition dynamics amid rising international tensions.