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Anger erupts over the cost of Shinzo Abe’s funeral

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A week ago, world leaders gathered in London for the state funeral of Britain’s Queen Elizabeth II.Now, many of them are heading to the other side of the world for another state funeral – this time for Japan’s slain former prime minister Shinzo Abe.

But the Japanese people appear to be less than thrilled about the event, which is estimated to cost $11.4 million. In the last few weeks, opposition to the state funeral has been growing, and polls suggest that more than half of the country’s population is now against holding it.

There are a number of reasons why the state funeral for Shinzo Abe is so controversial. For one, many Japanese people feel that the cost is simply too high, especially considering the country’s current economic situation.

There are also concerns that the state funeral could be used as a political tool by the ruling party. Some worry that it could be used to boost support for the party in the lead up to elections, or to push through controversial legislation.

Finally, there is the question of whether a state funeral is appropriate for someone who was only in office for a short time. Shinzo Abe served as prime minister for less than two years before he was assassinated in 2006.

Given all of these concerns, it’s no surprise that the state funeral for Shinzo Abe is proving to be controversial. It remains to be seen whether the event will go ahead as planned, or if public opinion will force a change of course.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Leaders

Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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Leaders

Trump promises to slap unprecedented tariffs on foreign allies

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Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending

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