Japan’s current account surplus plummeted by 54% in FY 2022 due to a record trade deficit resulting from surging import prices and a weaker yen, as per official data. The surplus fell to ¥9.23tn ($68.85bn), the lowest since 2014, while the deficit in goods trade widened to ¥18.06tn for the year. The deficit in services trade, including cargo shipping and passenger transportation, increased to ¥5.28tn as primary income surged by 22.6% to ¥35.56tn due to the yen’s weakness.
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Download File: https://iha.news/wp-content/uploads/2023/05/iha-japans-current-account-surplus-plummets-54-in-fy-2022-2023-05-12_11-31-58_284670.mp4?_=1Clashes between Druze armed groups and Bedouins have reignited in Sweida, southern Syria, prompting Arab tribes from various regions to head toward the area in support of the Bedouins.
Fighting intensified last night following a Druze assault, with convoys of tribesmen advancing in vehicles. Local sources report ongoing clashes west of the city.
The Syrian Interior Ministry stated that government forces have not deployed to Sweida and remain on standard alert. However, an unnamed Israeli official said Israel has agreed to allow limited Syrian government access to the area for 48 hours due to instability.
Despite efforts by Syrian President Ahmed al-Shara to reduce tensions, the violence has escalated, with hundreds reportedly killed.