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Japanese Prime Minister Sanae Takaichi’s coalition swept to a historic election win on Sunday, paving the way for promised tax cuts that have spooked financial markets and military spending aimed at countering China. The conservative Takaichi, Japan’s first female leader who says she is inspired by Britain’s “Iron Lady” Margaret Thatcher, was projected to deliver as many as 328 of the 465 seats in parliament’s lower house for her Liberal Democratic Party (LDP). The LDP alone sailed past the 233 seats needed for a majority less than two hours after polls closed, on track for one of its best-ever election results. With her coalition partner, the Japan Innovation Party, known as Ishin, Takaichi now has a supermajority of two-thirds of seats, easing her legislative agenda as she can override the upper chamber, which she does not control. Winter election brings blizzard of votes “This election involved major policy shifts — particularly a major shift in economic and fiscal policy, as well as strengthening security...
LAHORE/ISLAMABAD/PESHAWAR/QUETTA: Most of the markets in Lahore and Islamabad were open on Sunday, despite a strike call by opposition alliance Tehreek-i-Tahafuz-i-Ayin-i-Pakistan (TTAP) in protest of alleged discrepancies in the 2024 general elections. The PTI — a part of the TTAP — had announced a strike today to mark the second anniversary of the Feb 8, 2024 general elections, which it alleges were marred by rigging. The party also said it will observe a day of mourning following Friday’s suicide bombing at an imambargah in Islamabad that claimed at least 36 lives. A partial shutdown was observed in Peshawar, while a complete shutdown strike was reported in Quetta. In Lahore, all major markets remained closed, primarily due to Sunday and the ongoing Basant festival. In the evening, the TTAP could not hold a torch-bearing rally outside Islamabad’s Faisal Mosque as planned, claiming road closures and the arrest of over two dozen workers. Despite the alleged arrests of over two dozen workers — including eight...7934 items