
AI-generated summary
The Osaka Metropolis Plan is a proposed system to abolish Osaka City and reorganize it into special wards. There is a background that it was rejected in the 2020 referendum.
On the 5th, Osaka Prefecture and the city held a legal council meeting at City Hall to discuss the proposed system regarding the ``Osaka Metropolis Plan,'' which would abolish Osaka City and reorganize it into special wards, and officially decided on the proposed names for the four new special wards. The plan will be included in the ``memorandum of understanding'' of the city plan to be finalized by the end of this year, and the vote for or against it will be asked in the third referendum, which is scheduled to be held next spring.
The proposed name is (1) ``Yodogawa Ward,'' which consists of four administrative wards, including the current Yodogawa Ward, (2) ``Kita Ward,'' which consists of six administrative wards, including Kita Ward, (3) ``Chuo Ward,'' which consists of seven administrative wards, including Chuo Ward, and (4) ``Tennoji Ward,'' which consists of seven administrative wards including Tennoji Ward. The proposal was made by Osaka Ishin no Kai, the only regional political party participating in the legal association.
When considering the name of the ward, Ishin conducted its own questionnaire and public opinion poll. As a result, the same names were adopted as in the previous referendum held in 2020, which asked whether the reorganization into four special wards was appropriate, although some of the ward divisions were different.
The prefectural and city secretariats at the legal association have shown an estimate that if the city transitions to a special ward in January 2031, the four wards as a whole will be able to generate a surplus of about 50 billion yen or more each year, taking into account the effects of the opening of integrated resorts (IRs).
AI outlook — possibilities, not facts
Finalize a metropolitan plan agreement within the year
Likely · Within months

Liberal Democratic Party Country Relations Committee Chairman Hideki Murai met with Country Relations Committee Chairman Yuichi Goto of the House of Representatives moderate faction on the 4th, and it was agreed that Prime Minister Sanae Takaichi would attend the House of Representatives Finance and Finance Committee meeting on the 6th for one hour to discuss the consumption tax reduction bill. The ruling party aims to pass the bill in the House of Representatives on the same day, but the Democratic Party of Japan has postponed making a decision on whether or not it is approved.

Prediction market platform Karshi's predictions for the Senate race were correct in at least 32 out of 35 contested seats in the U.S. midterm elections. While his predictions were accurate for close races in Iowa, he also missed the gubernatorial races in South Carolina and Texas. More than $1.48 billion was bet on election-related events across prediction markets.

A total of 41 referendums regarding the construction of data centers were held in various parts of the United States in time for the US midterm elections, and 40 votes were passed to ban construction or strengthen regulations. There is a possibility that candidates promoting regulation will be elected in states such as Ohio, and that progress will not be made in developing facilities to support the spread of AI. Data center stocks were sold off heavily.

The government has compiled a draft ``Cybersecurity Emergency Measures Package'' to prevent personal information leaks caused by cyber attacks. The pillars are the dispatch of rescue teams by public and private experts, the early collection of vulnerability information using AI, and the strategic implementation of active cyber defense.

Following the Republican Party's crushing defeat in the US midterm elections, moves within the party to distance itself from the Trump administration and leadership reforms have begun in earnest. Vice President Vance pointed to the campaign against Iran as the reason for the defeat, and House Speaker Johnson decided not to run for the next top position. Although the Democratic Party won, unity within the party will be an issue.

The ruling party is planning to pass the consumption tax reduction bill, which is the main focus of the current Diet session, on the 6th. Opposition parties have strengthened their opposition, citing the lack of transparency surrounding the funding and benefit system, and the Democratic Party of Japan and others are demanding acceptance of a counterproposal.