Global Debt Hits Record $324 Trillion— China’s Government Debt Nears 100% of GDP😐
Global debt has surged to an all-time high of $324 trillion. China’s government debt has grown rapidly, with the debt-to-GDP ratio rising from under 60% in 2019 to 93% as of March 2025. Projections indicate it may hit 100% by the end of the year.😰 😰 😰
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Global debt has surged to an all-time high of $324 trillion. China’s government debt has grown rapidly, with the debt-to-GDP ratio rising from under 60% in 2019 to 93% as of March 2025. Projections indicate it may hit 100% by the end of the year.
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North Korea Fires Multiple Missiles—None Land in Japan’s EEZ💣
On May 8, North Korea launched several short-range ballistic missiles into the Sea of Japan from near Wonsan. One reportedly flew 800 km at an altitude of 100 km, possibly with irregular trajectory. None landed within Japan’s EEZ. Japan, South Korea, and the U.S. condemned the launch as a threat to regional security, with Tokyo lodging a protest via diplomatic channels in Beijing. Experts suggest the launch may signal North Korea’s intent to export weapons to Russia.✈️ ✈️ ✈️ ✈️
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On May 8, North Korea launched several short-range ballistic missiles into the Sea of Japan from near Wonsan. One reportedly flew 800 km at an altitude of 100 km, possibly with irregular trajectory. None landed within Japan’s EEZ. Japan, South Korea, and the U.S. condemned the launch as a threat to regional security, with Tokyo lodging a protest via diplomatic channels in Beijing. Experts suggest the launch may signal North Korea’s intent to export weapons to Russia.
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Nagasaki to Invite All Countries to Peace Ceremony After Last Year’s Diplomatic Fallout🙏
Nagasaki Mayor Shiro Suzuki announced that invitations will be sent to all countries with embassies in Japan for the August 9 Peace Memorial Ceremony. This move follows last year’s controversy, when Israel was excluded and ambassadors from the G7 (except Japan) and the EU boycotted the event. Suzuki emphasized the desire to return to the ceremony’s core purpose—mourning atomic bomb victims and praying for lasting peace—welcoming all nations regardless of political or ideological differences. Meanwhile, Hiroshima will only send notifications for its August 6 ceremony.😇 😇 😇 😇 😇
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Nagasaki Mayor Shiro Suzuki announced that invitations will be sent to all countries with embassies in Japan for the August 9 Peace Memorial Ceremony. This move follows last year’s controversy, when Israel was excluded and ambassadors from the G7 (except Japan) and the EU boycotted the event. Suzuki emphasized the desire to return to the ceremony’s core purpose—mourning atomic bomb victims and praying for lasting peace—welcoming all nations regardless of political or ideological differences. Meanwhile, Hiroshima will only send notifications for its August 6 ceremony.
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Princess Kako to Visit Brazil for 130th Anniversary of Japan-Brazil Ties🤗
Japan’s Princess Kako will make an official visit to Brazil from June 4 to 17 to mark the 130th anniversary of diplomatic relations between the two countries. Approved by the Cabinet on May 9, her itinerary includes visits to Brasília, São Paulo, and Rio de Janeiro, as well as meetings with President Lula and local Japanese communities. This will be her fourth official overseas trip, following her visit to Greece last year.🤝 🤝 🤝 🤝 🤝
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Japan’s Princess Kako will make an official visit to Brazil from June 4 to 17 to mark the 130th anniversary of diplomatic relations between the two countries. Approved by the Cabinet on May 9, her itinerary includes visits to Brasília, São Paulo, and Rio de Janeiro, as well as meetings with President Lula and local Japanese communities. This will be her fourth official overseas trip, following her visit to Greece last year.
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Japan PM Congratulates New Pope Leo XIV, Plans to Send Aso to Inauguration👏
(Kyodo, May 10) Japanese Prime Minister Shigeru Ishiba sent a message to the Vatican on May 9 to congratulate newly elected Pope Leo XIV. Ishiba expressed hopes to strengthen ties between Japan and the Holy See and to cooperate on global peace. Former PM and LDP Senior Advisor Taro Aso is being considered to attend the inauguration on May 18.🤝 🤝 🤝 🤝
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(Kyodo, May 10) Japanese Prime Minister Shigeru Ishiba sent a message to the Vatican on May 9 to congratulate newly elected Pope Leo XIV. Ishiba expressed hopes to strengthen ties between Japan and the Holy See and to cooperate on global peace. Former PM and LDP Senior Advisor Taro Aso is being considered to attend the inauguration on May 18.
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Nippon Steel Aims to Finalize US Steel Deal by June Amid US Scrutiny🧐
(Kyodo, May 10) Nippon Steel Vice Chairman Takahiro Mori said on May 9 the company is pushing to finalize its $2.7 billion acquisition of US Steel by the June 5 deadline set by President Trump. The deal faces renewed scrutiny by CFIUS, following Biden’s earlier block. Mori declined to comment on possible additional investments, while President Eiji Imai stressed they are negotiating to maintain plans for full ownership. Trump has expressed mixed views, welcoming investment but opposing full Japanese control.🤨 🤨 🤨 🤨 🤨
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(Kyodo, May 10) Nippon Steel Vice Chairman Takahiro Mori said on May 9 the company is pushing to finalize its $2.7 billion acquisition of US Steel by the June 5 deadline set by President Trump. The deal faces renewed scrutiny by CFIUS, following Biden’s earlier block. Mori declined to comment on possible additional investments, while President Eiji Imai stressed they are negotiating to maintain plans for full ownership. Trump has expressed mixed views, welcoming investment but opposing full Japanese control.
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Stolen Buddhist Statue Returned to Japan After 12 Years; Korea Holds Farewell Ritual🌚
(Kyodo, May 10) A stolen 14th-century Buddhist statue, taken from Kannonji Temple in Tsushima and held in South Korea for over 12 years, was returned to Japan on May 10. South Korea’s Buseoksa Temple held a final farewell ritual before handing over the statue, which will officially return to Tsushima on May 12. The statue’s theft in 2012 had strained Japan-Korea ties. Korea’s Supreme Court ruled in 2023 that ownership belongs to Japan’s Kannonji Temple.👋 👋 👋 👋
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(Kyodo, May 10) A stolen 14th-century Buddhist statue, taken from Kannonji Temple in Tsushima and held in South Korea for over 12 years, was returned to Japan on May 10. South Korea’s Buseoksa Temple held a final farewell ritual before handing over the statue, which will officially return to Tsushima on May 12. The statue’s theft in 2012 had strained Japan-Korea ties. Korea’s Supreme Court ruled in 2023 that ownership belongs to Japan’s Kannonji Temple.
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Osaka Expo 2025 Ticket Sales Hit Halfway Mark, Visitor Numbers Lag😎
The Osaka-Kansai Expo 2025 has reached about 11.38 million tickets sold after its first month, nearly half of the 23 million ticket goal. However, only around 2.61 million visitors have attended so far, less than 10% of the anticipated 28.2 million for the full six months. Organizers say expanding reservation slots and preparing for summer heat will be key to boosting attendance. The Expo runs until October 13, 2025.🥸 🥸 🥸 🥸
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The Osaka-Kansai Expo 2025 has reached about 11.38 million tickets sold after its first month, nearly half of the 23 million ticket goal. However, only around 2.61 million visitors have attended so far, less than 10% of the anticipated 28.2 million for the full six months. Organizers say expanding reservation slots and preparing for summer heat will be key to boosting attendance. The Expo runs until October 13, 2025.
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