SOL breaks through $100
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Japan’s largest opposition party disbands! Political resistance faced by Sanae Takaichi decreases sharply, but expansionary fiscal policy is constrained by the ‘red line’ of the bond market
Japan's largest opposition party has effectively split. As Prime Minister Sanae Takaichi approaches one year in office and continues to strengthen her position, there will no longer be a unified force within the powerful House of Representatives to provide effective checks and balances against her.
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