An attempt at a missile launch made by North Korea early on Tuesday ended in failure, South Korea’s Yonhap News Agency said. “North Korea attempted to launch an unidentified missile from Wonsan, Gangwon Province, at around 5:20 am, but it is presumed to have been unsuccessful,” the news agency reported, citing a statement from South Korea’s Joint Chiefs of Staff. The takeoff marked North Korea’s fourth failed attempt to launch what is believed to be the Musudan mid-range ballistic missile in the last two months. The latest launch put Japan’s military on alert earlier on Monday.Russia’s Foreign Ministry has described North Korea’s latest attempt to launch a ballistic missile as another violation of UN Security Council resolutions, TASS reports. “Our attitude is clear: Any launches with the use of ballistic technologies are banned by the UN Security Council resolutions,” Russian Deputy Foreign Minister Igor Morgulov said Tuesday. “That’s why we will characterize this as another violation of the existing resolutions of the Security Council.”
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Four Japanese major opposition parties on Tuesday filed a no-confidence resolution in Prime Minister Shinzo Abe’s Cabinet over the possible sales tax hike delay to the lower house, urging the resignation of the prime minister.
The parties, including the Democratic Party, the Japanese Communist Party, the Social Democratic Party and the People’s Life Party, said that the Abe’s Cabinet takes grave responsibilities for economic policy error and is no longer qualified to run the government.
They said the second delay of the consumption tax hike shows the failure of Abe’s economic policy mix dubbed “Abenomics.” Abe first postponed the sales tax hike from 8 percent to 10 percent in late 2014 and called for a snap general election.
The prime minister is expected to announce the postponement again on Wednesday. Local reports said that the sales tax hike will be delayed by another 18 months.
Prime Minister Shinzo Abe is planning to delay the planned consumption tax hike for 2-and-a-half years. But he vowed not to dissolve the Lower House for a snap election.
Abe told senior members of his Liberal Democratic Party and its coalition partner Komeito on Monday the tax increase from the current 8 to 10 percent should be postponed from next April until October 2019.
He also met with Finance Minister Taro Aso. Aso had until now taken a cautious stance on shelving the tax hike but eventually accepted Abe’s plan. They also agreed not to dissolve the lower chamber.
The ruling parties plan to convene meetings on Tuesday to discuss the matter.
They are seeking to reach a consensus among their members over the plan and prioritize unity to prepare for the approaching Upper House election.
Abe plans to hold a news conference on Wednesday at the earliest to explain delaying the tax hike.
Meanwhile, the leaders of the Democratic Party, the Japanese Communist Party, the Social Democratic Party, and the People’s Life Party met on Monday.
They agreed that Abe’s proposal means the failure of his economic policy and that he bears great responsibility.
The 4 opposition parties plan to jointly submit a no-confidence motion against Abe’s cabinet to the Lower House on Tuesday.But it will likely be voted down by the rulingagencies .
M6.1 – TAIWAN REGION
India Performance in Modi Era : PM Modi Performance of development in thess two years speaks the obvious of the environment of businessthe MNC or Indian corporate are still either reluctant or not inclined to make substantive investment on ground due to both same old erratic system of waiting and redtapism prevails. The old proverba goes on as old habits die hard .Secondly global crisis and global political fluidness speak volumes .
PM Modi and his stakeholders of the development to invest, finds the national system in deep slumberin comaprison to his home state which bank on co-operative and coperation amongs the class to invest thus is easier in Gujurat rather tan it appears across nation. PM Modi moves are making an easyefforts for invester in turn to awakened the system, but the horreendous system laden with multiple resposbilities and carry with chronic habit of very casual way of not work but resting thus in turn not to make a mistake when things undone.
PM Modi finding semi finals of election in UP and General election fast approaching his slogans of all around development in various sector and programme of development looks not gaining momentum except on or two ministry.
Modi in order to repeat second term, will be distant dream in case the slogan mongering with crescendo shall remain a drumbeats excercise only. The opposition with multi ingredient cobbling in group to face the saffron to retain its regional balances make some headlines but fail in take off.
Congress the old gold national brand decimating on its arrogance and sidelines their ground gurads volunteers with scant respect to its respectable person find itself in directionless state is preparing national restructuring with is great guns on the jobs.Congress thus is preparing to fight the saffron tooth and nail in national governance but will the young leader and his new arsenal ready to attack in democratic way succeed in their national efforts.? Or Wait for the saffron to fail with slogan hover around and last man belied and be belittle.
Two national political outfits friend tacitly but hard foes for sake of public consumption make political space for new political outfits to take shape or the regional leaders meet to stake centre claim.
Silver linning of Modi era mix with growing global political dynamics to new permutation and combination of EU, Russia,
US , China-Japan Africa and Latin America new shape make PM Modi ideas of International repute.