Japan government to approve $140 billion stimulus ...Middle East

TOKYO: Japan’s minority government was expected Friday to approve a $140-billion stimulus drive aimed at putting more money in consumers’ pockets after the ruling party’s worst election result in 15 years.The October 27 contest saw voters -- angry over corruption in the Liberal Democratic Party (LDP) and inflation -- deprive new Prime Minister Shigeru Ishiba’s coalition of a majority in parliament’s lower house.Before a cabinet meeting on Friday morning, Ishiba was quoted by local media as saying the package would be approved later in the day.The 22-trillion-yen stimulus bundle includes energy and fuel subsidies as well as cash handouts for low-income households in the world’s fourth-biggest

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