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Japan's ruling party elects Sanae Takaichi as leader, likely to become first female PM
Japan's governing party on Saturday elected former Economic Security Minister Sanae Takaichi, a hard-line ultra-conservative and China hawk, as its new leader, making her likely to become the country's first female prime minister. In a country that ranks poorly internationally for gender equality, the 64-year-old Takaichi makes history as the first female leader of Japan's long-governing conservative Liberal Democratic Party. She is one of the most conservative members of the male-dominated party. An admirer of former British Prime Minister Margaret Thatcher, Takaichi is a protege of former Japanese Prime Minister ... (full story)
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ISM: US services sector growth down in September Economic activity in the United States' services sector continued to grow in September, but at a slower pace, the Institute for Supply Management (ISM) revealed in its report published on Friday. Compared to the previous month, the Services Purchasing Managers' Index (PMI) went from 52% to 50%, failing expectations. The Business Activity Index declined from 55% to 49.9%, entering the contraction territory. The Employment Index remained in contraction, but improved slightly, going from 46.5% to 47.2%. The New Orders Index decreased from 56% to 50.4%. The Supplier Deliveries Index improved from 50.3% to 52.6.% "Commentary in general indicated moderate or weak growth, with more isolated observations of supplier delivery challenges. Employment continues to be in contraction territory, thanks to a combination of delayed hiring efforts and difficulty finding qualified staff," Business Survey Committee Chair Steve Miller commented.
U.S. President Donald Trump on Friday ordered Israel to stop bombing the Gaza Strip after Hamas said it had accepted some elements of his plan to end the nearly two-year war and return all the remaining hostages taken in the Oct. 7, 2023, attack. Hamas said it was willing to release the hostages and hand over power to other Palestinians, but that other aspects of the plan require further consultations among Palestinians. Senior Hamas officials suggested there were still major disagreements that required further negotiations. There was no immediate response from Israel, which is largely shut down for the Jewish Sabbath, and Hamas response fell short of Prime Minister Benjamin Netanyahus demands that the group surrender and disarm. Israel had earlier accepted Trumps plan in its entirety. Trump welcomed the Hamas statement, saying: I believe they are ready for a lasting PEACE.
Based on the Statement just issued by Hamas, I believe they are ready for a lasting PEACE. Israel must immediately stop the bombing of Gaza, so that we can get the Hostages out safely and quickly! Right now, its far too dangerous to do that. We are already in discussions on details to be worked out. This is not about Gaza alone, this is about long sought PEACE in the Middle East.
Truth Social image.