
Summary of major events in politics, economics and international affairs
A comprehensive summary of major news from September 14th to 17th, including the US Federal Reserve's interest rate hike, the verdict against the former president of Kosovo, political changes in Japan, economic indicators, and court results.
AI-generated summary
Monetary policy decisions by the US Federal Reserve and political changes in Japan are ongoing.
The Federal Reserve has indicated that it expects to raise interest rates one more time this year.
The US Federal Reserve has decided to raise the policy interest rate by 0.25% to 3.75% to 4.00% annually.
A special court in The Hague has sentenced former Kosovo President Thaci to 25 years in prison.
Representative Yoshimura of the Meiji Restoration Party informed the prime minister of his intention to reduce the consumption tax and reduce the number of members of the House of Representatives during the extraordinary Diet session.
The ruling party leader officially confirmed that the Meiji Restoration will turn to cabinet cooperation.
It has been revealed that Kansai Electric Power and Tohoku Electric Power have expressed their intention to participate in an interim storage facility in Mutsu City, Aomori Prefecture, which will temporarily store spent nuclear fuel.
Prime Minister Takaichi said regarding the LDP's change of the House of Councilors secretary-general, ``I do not have the authority to appoint personnel in the House of Councilors.''
According to South Korean media, a South Korean district court ordered North Korea to pay approximately 5 billion yen in compensation for the bombing of the inter-Korean joint liaison office.
The Tokyo District Court has handed down a fine to an event company charged with violating antitrust laws in a bid-rigging case surrounding the Tokyo Olympics and Paralympics. All six companies indicted were found guilty.
Liberal Democratic Party House of Councilors Secretary-General Ishii has retired and Kazuhiko Aoki has been appointed as his successor.
The trade balance in August was a deficit of 1.1056 trillion yen.
Tremors with a seismic intensity of 4 were observed in Kumamoto Prefecture.
It has been confirmed that Koichi Hagiuda, acting secretary general of the Liberal Democratic Party, will continue as acting secretary general.
Liberal Democratic Party House of Councilors Chairman Matsuyama has decided to appoint Kazuhiko Aoki as House of Councilors secretary-general.
The government has approved the tax reform outline regarding consumption tax reduction at a cabinet meeting.
Liberal Democratic Party House of Councilors Chairman Matsuyama has decided to replace House of Councilors Secretary-General Ishii.
Centrist Democratic Party members agreed to appoint Junya Ogawa as the new party representative.
Centrist Democratic-leaning politicians agreed to name the new party either ``New Democracy Party'' or ``Democratic Reform Party.''
The Tokyo District Court sentenced a former massage parlor owner to five years in prison for violating the Child Welfare Act against a 12-year-old Thai girl at the time.
Prime Minister Takaichi announced the schedule for reshuffling Liberal Democratic Party executives on the 16th and reshuffling the cabinet on the 17th.
US President says Russia and Ukraine have agreed not to attack each other's energy facilities
The yield on 10-year U.S. Treasuries has exceeded 5% for the first time in three years.

Ambassador Kazutoshi Aikawa of Japan's Permanent Mission to the EU, in an article for the Financial Times, questioned whether the EU's current Industrial Acceleration Bill, which would require public support for EVs for company cars to use EU-made parts, complies with WTO rules, and called for the EU to avoid treating reliable partners outside the region at a disadvantage, such as Japan.

Former President Duterte (81), who is facing charges of crimes against humanity for leading the Philippine drug war, made his first appearance at the International Criminal Court in The Hague, Netherlands, on the 16th. He appeared in a white shirt and dark jacket and did not have a chance to speak, but he waved to the audience after the hearing ended. The defense has requested a postponement of the proceedings on the grounds of cognitive ability, but the ICC has rejected the request after conducting an examination by experts, and the first trial is scheduled for the end of November.

Houthi leaders met with U.S. officials in Muscat, Oman, and told them Yemen's Iranian-backed Houthi group has no intention of attacking U.S. ships and will abide by the ceasefire signed in 2025. The U.S. State Department declined to comment on the talks, saying Saudi Arabia was an exception.

On the 16th, a special tribunal in The Hague sentenced former President Thaçi of Kosovo to 25 years in prison for war crimes in the former Yugoslavia-Kosovo conflict. The defendants, who were KLA executives, were found criminally responsible for the murders and torture of 96 people.

The Multilateral Sanctions Monitoring Team (MSMT) released a report showing that North Korea sends up to 100,000 workers to 17 countries, earning up to $800 million a year. He pointed out that most of the money is concentrated in China and Russia, which are the source of funding for nuclear and missile development.

On the 16th, 50 families of former Chinese workers who were forced to work during wartime forced labor filed a complaint with the Superior People's Court in Shijiazhuang City, Hebei Province, against six Japanese companies, including Kajima Construction and Nippon Steel Mining, demanding total compensation for damages.