A country aims to curb inflation by implementing sales tax cuts amid global tensions affecting oil prices.

The entities involved

• Sanae Takaichi →

  Japanese politician, Prime Minister of Japan since 2025

  • A high-level summit was held in Guwahati between Prime Minister Narendra Modi and Sanae Takaichi.Mon 07:51
  • Tensions between China and Japan escalate over Taiwan, trade restrictions, and sovereignty disputes involving the Senkaku/Diaoyu Islands.Sat 23:41
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• The war in the Middle East impacted inflation outlook, commented on by expert Cevdet Yılmaz.Sep 6
• Conflict drives up energy and commodity prices, leading to inflation acceleration in Armenia.Aug 28
• High oil prices risk stagflation, impacting pricing and global economic outlook, with the Middle East as a key regional factor.Fri 08:05
• Japan's government deployed subsidies and announced a planned tax cut on food to mitigate inflation, while the BoJ governor warned of price outlook risks.Aug 7
• Inflation data and Middle East conflict uncertainty are affecting consumer spending and gas prices in Canada.Jul 20