Japan Plans Extra Bond Issuance That May Fuel Fiscal Fears

Iran's judiciary chief has announced plans for expedited trials and potential executions of protesters convicted of vandalism and other offenses amid ongoing violent anti-regime protests. The protests, which began over economic dissatisfaction, have escalated into severe unrest, resulting in a significant government crackdown and communication blackouts. Reports indicate a death toll exceeding 2,571 as the regime intensifies its response to dissent.

On January 13, 2026, leaders from Japan and South Korea met in central Japan, where they engaged in a surprise drum performance to popular K-pop hits, signaling a cultural connection while discussing deeper cooperation on economic security, defense, and diplomatic issues.

Japan's new Prime Minister, Sanae Takaichi, is preparing to call a snap election as she seeks to solidify her leadership amid rising tensions with China over her comments regarding Taiwan. Takaichi's remarks have provoked a strong backlash from Beijing, which has responded with trade restrictions and travel warnings.

Leaders from Japan and South Korea engaged in a drum duet, performing to popular tracks from BTS and KPop Demon Hunters, as a light-hearted conclusion to their summit discussions. This unique cultural exchange highlights the growing influence of K-pop in diplomatic settings and the potential for soft power in international relations.

South Korean President Lee Jae Myung and Japanese Prime Minister Sanae Takaichi recently showcased a united front during a high-profile summit, signaling a strengthening of ties between the two nations. This meeting comes amid rising tensions with China, particularly concerning Taiwan.

The Iranian government is intensifying its crackdown on dissent by actively hunting down users of the Starlink satellite service, which has become a vital tool for protesters to share videos and information about ongoing demonstrations against the regime. This move follows a near-total internet blackout aimed at suppressing communication.

Japan's stock index has reached a new record, driven by increasing expectations for a general election next month that may strengthen Prime Minister Sanae Takaichi's political position and enable her to implement more aggressive economic measures.

President Trump has asserted that the U.S. must acquire Greenland to enhance its defense capabilities, a claim that contradicts decades of established policy and has drawn criticism from former military and diplomatic officials. They argue that such a stance undermines deterrence strategies.