The Fort Worth Press - Japan PM warns 'today's Ukraine could be tomorrow's East Asia'

USD -
AED 3.672497
AFN 64.498121
ALL 80.674975
AMD 361.449729
ANG 1.789785
AOA 917.000131
ARS 1524.732201
AUD 1.426904
AWG 1.80125
AZN 1.701879
BAM 1.74449
BBD 2.013379
BDT 123.649824
BGN 1.747831
BHD 0.37725
BIF 2996
BMD 1
BND 1.278292
BOB 11.691144
BRL 5.024301
BSD 0.999639
BTN 94.927772
BWP 13.724852
BYN 2.981492
BYR 19600
BZD 2.010606
CAD 1.40649
CDF 2315.999692
CHF 0.825545
CLF 0.024781
CLP 975.309893
CNY 6.67805
CNH 6.67463
COP 3182.13
CRC 454.01635
CUC 1
CUP 23.991865
CVE 98.499594
CZK 21.636496
DJF 177.719792
DKK 6.656395
DOP 61.550176
DZD 134.506481
EGP 54.499602
ERN 15
ETB 161.149556
EUR 0.89057
FJD 2.253799
FKP 0.751528
GBP 0.74763
GEL 2.589945
GGP 0.751528
GHS 11.625024
GIP 0.751528
GMD 73.5023
GNF 8795.000334
GTQ 7.639477
GYD 209.088355
HKD 7.848475
HNL 26.832455
HRK 6.710604
HTG 130.906561
HUF 324.334983
IDR 18004.3
ILS 3.089355
IMP 0.751528
INR 94.71665
IQD 1513
IRR 1832374.999997
ISK 121.28996
JEP 0.751528
JMD 158.652431
JOD 0.708976
JPY 158.288022
KES 129.86023
KGS 87.450524
KHR 4069.999646
KMF 439.506495
KPW 899.999961
KRW 1324.364983
KWD 0.30972
KYD 0.833107
KZT 449.788164
LAK 22524.999793
LBP 89550.000019
LKR 331.534585
LRD 171.075026
LSL 16.390338
LTL 2.95274
LVL 0.60489
LYD 6.415054
MAD 9.799033
MDL 17.934092
MGA 4562.500628
MKD 54.858704
MMK 2099.540776
MNT 3598.083246
MOP 8.081669
MRU 40.225029
MUR 47.259878
MVR 15.46029
MWK 1742.000044
MXN 18.42429
MYR 4.082397
MZN 63.898647
NAD 16.390017
NGN 1330.840447
NIO 36.830169
NOK 9.406595
NPR 151.877982
NZD 1.76168
OMR 0.384494
PAB 0.999728
PEN 3.427036
PGK 4.504979
PHP 63.073501
PKR 276.749824
PLN 3.88926
PYG 5737.960807
QAR 3.645501
RON 4.743201
RSD 104.641973
RUB 82.800045
RWF 1475.5
SAR 3.762651
SBD 8.07458
SCR 13.978921
SDG 601.50389
SEK 9.907555
SGD 1.27792
SHP 0.7473
SLE 23.919567
SLL 20969.504398
SOS 571.497911
SRD 37.661499
STD 20697.981008
STN 21.95
SVC 8.747581
SYP 13001.999685
SZL 16.390239
THB 33.617026
TJS 9.232052
TMT 3.51
TND 2.995019
TOP 2.40776
TRY 49.591503
TTD 6.78527
TWD 32.592597
TZS 2644.99303
UAH 45.054454
UGX 4169.008054
UYU 40.102397
UZS 12019.999891
VES 879.788904
VND 25876
VUV 119.358066
WST 2.773115
XAF 584.175347
XAG 0.017281
XAU 0.000242901212
XCD 2.70255
XCG 1.801632
XDR 0.707052
XOF 584.175347
XPF 106.501015
YER 236.095715
ZAR 16.394905
ZMK 9001.196955
ZMW 20.018642
ZWL 321.999592
SSP 5816.545442
MXV 2.079791
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Japan PM warns 'today's Ukraine could be tomorrow's East Asia'
Japan PM warns 'today's Ukraine could be tomorrow's East Asia' / Photo: © AFP

Japan PM warns 'today's Ukraine could be tomorrow's East Asia'

Japan's new Prime Minister Shigeru Ishiba warned in his first policy speech Friday that "today's Ukraine could be tomorrow's East Asia" while also dubbing the country's low birth rate a "quiet emergency".

Text size:

"Many fear that today's Ukraine could be tomorrow's East Asia. Why did deterrence not work in Ukraine?" Ishiba told parliament.

"Combined with the situation in the Middle East, the international community is becoming increasingly divided and confrontational," the 67-year-old former defence minister said.

Ishiba made no direct reference to China but his country's relations with Beijing have deteriorated in recent years as it asserts its military presence around disputed territories in the region.

Of particular concern is Taiwan. Beijing claims the democratic island as part of its territory and has never renounced the use of force to bring the self-ruled island under its control.

Japan has also irked China with plans for a major increase in defence spending and by boosting security ties with the United States and its allies including the Philippines and South Korea.

In August, a Chinese military aircraft staged the first confirmed incursion by China into Japanese airspace, followed weeks later by a Japanese warship sailing through the Taiwan Strait for the first time.

Ishiba has backed the creation of a regional military alliance along the lines of NATO, saying on Tuesday that the security environment in Asia was "the most severe since the end of World War II".

- Falling population -

Japan, like many developed countries, is facing a looming demographic crisis as its population ages and the birth rate stays stubbornly low.

The country has the world's oldest population after tiny Monaco, according to the World Bank.

Last year, its birth rate -- the average number of children a woman is expected to have in her life -- stood at 1.2, well below the 2.1 needed to maintain the population.

On Friday, Ishiba called the birth rate situation a "quiet emergency", adding the government would promote measures to support families such as flexible working hours.

- Minimum wage -

Kishida was unpopular with voters because of a string of scandals and inflation squeezing earnings in the world's fourth-biggest economy.

Ishiba wants to boost incomes through a new monetary stimulus package as well as support for local governments and low-income households.

Within this decade, he said Friday he wants to hike the average national minimum wage to 1,500 yen ($10.20) per hour, up nearly 43 percent from the current 1,050 yen.

The yen surged last Friday after the Liberal Democratic Party (LDP) voted Ishiba its new leader, because he had broadly backed the Bank of Japan's exit from its ultra-loose policies.

But Ishiba told reporters late Wednesday he did not think the environment was right for further interest rate hikes, sending the Japanese currency south again.

On Friday afternoon, one dollar bought 146.02 yen, having slightly recovered from levels past 147 earlier this week.

- Succession -

Ishiba also weighed in on the dearth of eligible male heirs to the imperial throne.

Male-only succession rules mean the imperial family is facing extinction, with only one young heir: Emperor Naruhito's 18-year-old nephew Prince Hisahito.

The emperor's daughter Princess Aiko, 22, is barred from the throne under the Imperial Household Law, in place since 1947.

Royal women must leave the family when they wed a commoner -- as in 2021, when former princess Mako Komuro, Naruhito's niece, married her university sweetheart.

Lawmakers in May began discussing a possible relaxation of the strict succession rules, and a recent Kyodo News poll found 90 percent public support for female succession.

"Stable royal succession is extremely important. Stabilising the number of members of the Imperial Family is a particularly urgent issue," Ishiba told parliament, calling for active debate on the issue.

nf-hih-kaf-stu/cwl

P.Navarro--TFWP