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Japan considers building longer-range missiles

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Japan will expand its military spending to improve missile capabilities in countering China and Russia

The Ministry of Defence’s annual budget request on cruise missiles reveals the country is seeking the ability to strike more distant targets.

“China continues to threaten to use force to unilaterally change the status quo and is deepening its alliance with Russia.”

“It is also applying pressure around Taiwan with supposed military exercises and has not renounced the use of military force as a way to unite Taiwan with the rest of China,” the ministry said in the budget request.

The plan also represents a departure from the armed forces limit imposed by Japan’s pacifist constitution. 

Since the end of World War II, Japan has pursued a pacifist foreign policy and is only allowed to use missiles with ranges of a few hundred kilometres.

According to Reuters, “the government will approve that increased request at the end of the year when it will also unveil a major defence strategy overhaul and a new midterm military buildup plan.”

Japan’s Prime Minister Fumio Kishida has promised in the nation’s upper house election to double defence spending to 2% of gross domestic product over five years.

That would make the country become the world’s third biggest military spender behind the United States and China.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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