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Japan plans tax breaks for 10 years to boost EV, chip production: Nikkei

Japan plans tax breaks for 10 years to boost EV, chip production: Nikkei

The Japanese government is planning to offer tax incentives for a decade to boost mass production in five areas including electric vehicle(EV)production and semiconductor devices manufacturing, Nikkei Asiar eported on Wednesday. Japan’s ruling Liberal Democratic Party will include the tax breaks in the fiscal 2024 tax reform framework, which are …

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UN demands ceasefire in Gaza as Israel, US show increasing divisions

UN demands ceasefire in Gaza as Israel, US show increasing divisions

Israel faced growing diplomatic isolation in its war against Hamas as the United Nations demanded an immediate humanitarian ceasefire in Gaza and U.S. President Joe Biden told the longtime ally its “indiscriminate” bombing of civilians was hurting international support. After dire warnings from U.N. officials about a deepening humanitarian crisis …

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