Japan draft budget backed
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TOKYO: Japan&#39;s Cabinet yesterday endorsed a draft 82.18 trillion yen ($788.7 billion) national budget for fiscal 2005, increasing overall spending to care for an ageing population and to pay interest on government debt.
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Japan&#39;s ruling party wants to revise the constitution to allow a woman to succeed to the throne and to officially designate the emperor head of state, according to a draft proposal released on Wednesday.
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Japan&#39;s Cabinet authorized a national spending plan for next fiscal year to cut the budget deficit by 6 percent to curb expansion of the world&#39;s largest public debt.
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Japanese Prime Minister Shinzo Abe on Sunday backed his farm minister over allegations of corruption as a new scandal threatened the premier ahead of key elections.
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Japanese Prime Minister Shinzo Abe tapped a close ally as his party's No. 2 and was to announce a new cabinet line-up on Monday to try to revive faltering support a month after his coalition suffered a massive election defeat.
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The Group of Seven finance ministers and  central bank governors gathering in Tokyo on Saturday will  reaffirm their determination to ensure financial stability,  according to a draft G7 statement obtained by Reuters.
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Japanese Prime Minister Junichiro Koizumi today is set to pick ministers and party leaders who support the sale of Japan Post, the world&#39;s largest savings bank, as he seeks to quell opposition from within his party.
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Japan's upper house of parliament rejected a bill Friday to revive a naval mission to support U.S.-led forces in the Indian Ocean, but the ruling party was expected to push the measure into law in the lower chamber.
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Japanese Prime Minister Junichiro Koizumi on Wednesday expressed his belief that it was possible for Japan to win a permanent seat on the United Nations Security Council without rewriting its constitution.
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Japanâs Cabinet today approved a plan to keep Japanese troops in Iraq for another year. Prime Minister Junichiro Koizumi, a vocal supporter of the US-led invasion of Iraq, had argued the dispatch was needed
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Japan has no need to revise its constitution -- which prohibits it from waging war -- to win a highly coveted permanent seat on the UN Security Council, Prime Minister Junichiro Koizumi said on Wednesday.
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Japan passed a law Wednesday to fund the reorganization of U.S. forces in Japan
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TOKYO: Prime Minister Junichiro Koizumi appeared on Monday to have won public backing for his refusal to pull Japanese troops out of Iraq despite the weekend beheading of a Japanese hostage.
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Finance Minister Sadakazu Tanigaki on Monday proposed a draft budget for fiscal 2005 worth 82.18 trillion yen, up 0.1 percent from the initial 2004 budget, as higher debt-servicing costs outpaced cuts in discretionary spending.
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Japan's Prime Minister Shinzo Abe is girding for a showdown in parliament over naval back-up for U.S.-led military operations in Afghanistan, but voters say they would rather he focused on pensions and healthcare.
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International momentum was building in support of debt relief for tsunami-hit nations on Wednesday after Japan backed the idea despite Australian concerns a debt freeze might not benefit those most in need.
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Japan's Cabinet on Thursday approved a plan to keep Japanese troops in Iraq for another year, the trade minister said.