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    FUKUSHIMA FISH

    Japan’s recent rate hike, first in 17 years, is a subtle step towards self-reliance

    A rising India is the world's instrumentality to keep China's rise peaceful. India can gain from Japan's new yen for self-assertion, of which release from a negative interest rate regime is but the first, if subtle, step.

    At least 48 dead after monster Japan quake

    Japan earthquake: The quake with a preliminary magnitude of 7.6 struck on Monday afternoon, prompting residents in some coastal areas to flee to higher ground as tsunami waves hit Japan's west coast, sweeping some cars and houses into the sea.

    US military begins Japan seafood purchases to counter China ban

    The United Nations' nuclear watchdog vouched for the safety of the water release, and G7 trade ministers called for an end to Japanese food bans. The U.S. aims to establish a long-term contract with Japanese fisheries and co-ops to support the targeted industry and counter China's economic coercion. The first purchase comprises scallops, with plans to expand to various types of seafood, marking the first time the U.S. military has bought local seafood in Japan.

    Russia joins China's restrictions on fish and seafood imports from Japan

    From January to September 2023, imports of fish and seafood from Japan to Russia totalled 118 tonnes, Rosselkhoznadzor reported.

    Multilateral action needed to fight against economic coercion by China: Report

    China continues to ban seafood imports from Japan as part of its economic sanctions against the country. The ban was imposed after the release of treated wastewater from the Fukushima Daiichi nuclear power plant. China aims to use the wastewater as a bargaining chip to gain an advantage over Japan and prevent it from siding with the US on issues like Taiwan. The ban poses a serious threat to Japan, as China accounted for nearly 20% of its seafood exports. China has a history of using economic coercion to intimidate other nations, with over 120 cases identified since 2010.

    Japan fishermen, locals seek halt to Fukushima water release

    Around 100 fishermen and locals living near Fukushima are planning to file a lawsuit to halt the release of wastewater from the damaged nuclear plant. Japan recently began releasing treated cooling water into the Pacific Ocean, but many fishermen are concerned that this will harm their industry's image. The plaintiffs argue that the government did not gain agreement from the fishermen before making this decision.

    The Economic Times
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