Inflation, instability, and escalation
Japan is facing significant economic challenges due to rising inflation and bond yields, exacerbated by the ongoing conflict in Iran. Germany's political landscape is becoming increasingly unstable as economic stagnation and support for the AfD grow. Meanwhile, tensions between Russia and NATO are escalating, with heightened military rhetoric and increased fighting in Ukraine.
- ▪Japan is experiencing inflation and rising bond yields as it navigates economic stress from the Iran war.
- ▪Germany's industrial base is weakening, leading to political fragmentation and a surge in support for the AfD.
- ▪The risk of direct confrontation between Russia and NATO is increasing due to intensified fighting in Ukraine.
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Subscribe now with a one-month trial for only $1, then enjoy the first year at an exclusive rate of just $99. Latest stories Beijing bans Nvidia’s top graphics card to back domestic rivals Perfidious empire AI euphoria getting reality check in South Korea, and vice versa Japan faces a long, hot summer of inflation and tighteningScott Foster reports that Japan is entering a difficult period of inflation, rising bond yields and monetary tightening as the Iran war drives energy disruptions, forcing Sanae Takaichi’s government toward subsidies and emergency spending to cushion mounting economic stress.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Asia Times.