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Gov’t to help transport, sell tomatoes from Cordillera 

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THE DEPARTMENT of Agriculture (DA) will coordinate with local governments in the Cordillera Administrative Region to help transport and market the tomato harvest of farmers who have complained of oversupply and lack of buyers.   

The DA’s office in the highland region, in a statement on Wednesday, said two groups have already committed to buy some of the supply next week while the agency’s Agribusiness and Marketing Assistance Service will identify more markets.  

“For next week, DA-CAR has coordinated with Ateneo de Manila and the Rural Rising wherein they will be buying 1.5 metric tons (MT), and 4 MT of tomatoes, respectively,” it said.     

Ifugao Provincial Agriculturist Domingo B. Mariano said the tomatoes grown by Enza Aguinao, one of the affected farmers, were unsold as a result of the “non-arrival of buyers from the National Capital Region (NCR) and Central Luzon.”   

Mr. Mariano said the absence of buyers was due to the “no-vaccination, no entry” policy being observed across local borders.  

Diego Madino, a stall owner at the Nueva Vizcaya Agricultural Terminal (NVAT) said about six metric tons (MT) of tomatoes were dumped in Bambang, Nueva Vizcaya due to lack of buyers.     

“The prices of tomatoes have decreased from P40 to P10 for the past week,” NVAT said.      

According to the DA-CAR, a total of 71,653 MT of tomatoes worth P641,947 from Tinoc town in Ifugao were linked, delivered, and marketed to NCR this year. — Revin Mikhael D. Ochave   

Grenade lobbed at CdO ancestral home of Rep. Rodriguez 

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A GRENADE was lobbed at the residence of House Deputy Speaker Rufus B. Rodriguez in Cagayan de Oro (CdO) City on Wednesday, but it did not explode.      

“Lives were put at risk in the grenade attack at the ancestral residence of the Rodriguez family in Barangay Nazareth in Cagayan de Oro City earlier today,” Mr. Rodriguez said in a statement posted on his Twitter account.  

He told reporters that the grenade was thrown at around 1:12 a.m. by two unknown motorcycle-riding men. 

No one was harmed in the incident, which is now being investigated by local authorities.  

The incident comes days before the Oct. 1 start of filing of certificates of candidacy for the 2022 elections. — Russell Louis C. Ku 

Pacquiao hangs up gloves

FILIPINO boxing legend Manny “Pacman” Pacquiao officially retires after 26 years. — ALVIN S. GO

By Michael Angelo S. Murillo, Senior Reporter

A LEGENDARY era in boxing has come to an end.

Senator Emmanuel “Manny” D. Pacquiao has decided to hang up his gloves after 26 years of fighting in the ring as he prepares to run for the presidency in national elections set for next year.

Boxing’s only eight-division world champion made the formal announcement on Wednesday in a video post with a title “Goodbye boxing” on his verified Facebook account.

“It is difficult for me to accept that my time as a boxer is over. Today, I am announcing my retirement,” Mr. Pacquiao said.

“I just heard the final bell… Tapos na ang boxing (My boxing career is over).”

The General Santos City native, who turned professional at the age of 16 in 1995, went on to thank all the people and groups who were part of his incredible boxing run as well as the fans who stuck and supported him throughout.

“I never thought that this day would come. As I hang up my boxing gloves, I would like to thank the whole world, especially the Filipino people, for supporting Manny Pacquiao,” he said.

“This is the hardest decision I’ve ever made, but I’m at peace with it. Chase your dreams, work hard, and watch what happens. Goodbye boxing.”

The announcement was already expected weeks before as Mr. Pacquiao, in several interviews, was quoted as saying that he is done fighting and now focusing on his duties as a public servant, including running for president of the republic.

Mr. Pacquiao recently accepted the presidential nomination of a faction of the Partido Demokratiko Pilipino-Lakas ng Bayan (PDP-Laban) party and is set to file his candidacy anytime next week.

Pacman’s retirement drops the curtain on a highly successful boxing career spanning nearly three decades.

Throughout his run, Mr. Pacquiao, 42, compiled a record of 62-8-2 with 39 knockouts en route to winning eight world division titles, the only professional boxer to do so in history, and holding the record of being the only boxer to win world titles in four different decades, solidifying his place among the best in the sport all-time.

He fought and defeated other legends in the sport like Marco Antonio Barrera, Juan Manuel Marquez, Erik Morales, Oscar De La Hoya and Miguel Cotto.

Mr. Pacquiao fell short in his fight against undefeated American world champion Floyd Mayweather, Jr. in 2015, losing by unanimous decision, but he still made a good account of himself.

The Filipino legend last saw action in August for the World Boxing Association super welterweight title in Las Vegas where he lost by unanimous decision to Cuba’s Yordenis Ugás.

FIGHTER LIKE NO OTHER
For boxing analyst Nissi Icasiano, Mr. Pacquiao was a one-of-a-kind fighter whose accomplishments would be difficult to top.

“There will never be another Manny Pacquiao. I even think it’s blasphemous to imagine a boxer to eclipse what he has accomplished in the sport. Aside from being the only eight-division world champion, we should not overlook the fact that he is a natural lightweight who dominated the welterweight division for more than a decade,” the analyst said in an interview.

Adding, “What’s even more remarkable is the fact that he still gave the young lions of his division a good spanking past his prime. We’re fortunate that our generation had an athlete like him who transcended the four corners of the ring.”

But the analyst was quick to say that while it seemingly is the end for Pacman, it remains to be seen if his decision to finally retire stays, citing an instance in the past when he called it quits, but eventually made his way back.

“The decision to retire from the sport of boxing because he’s running for a much higher post in the government makes me a bit skeptical. Remember that he also called it a career in 2016 when he ran for senator. A few months later, he took it back and unceremoniously ‘unretired’ to fight Jessie Vargas,” he said.

“At the moment, let’s take it with a grain of salt. I would rather wait for the official and final tally of the May 2022 elections.”

NLEX Road Warriors beat Meralco Bolts to keep PBA semifinal hopes alive

CALVIN Oftana and the NLEX Road Warriors kept their PBA Philippine Cup semifinal hopes alive after surviving the Meralco Bolts, 81-80, on Wednesday in the first of two elimination matches they have to hurdle in the quarterfinals. — PBA IMAGES

The NLEX Road Warriors kept its Philippine Basketball Association (PBA) Philippine Cup semifinal hopes alive after surviving the Meralco Bolts, 81-80, on Wednesday in the first of two elimination matches they have to hurdle in the quarterfinals.

Needing to win to extend the series against the twice-to-beat-armed Bolts, the Road Warriors delivered, hanging tough throughout the contest before turning to the late-game heroics of rookie Calvin Oftana.

Down by a point, 80-79, with eight seconds to go, NLEX set up a play for their first-round rookie pick, who eluded his defender and found an opening to drive to the basket to score the go-ahead deuce with six seconds to play.

Meralco still had time to recover but could not execute after.

The contest was played nip-and-tuck throughout with neither team showing no letup to see their respective causes through.

The Bolts had the chance to put away the game in the dying seconds, but Mac Belo missed two crucial free throws which set up the heroics of Mr. Oftana.

Anthony Semerad had a stellar showing for NLEX in the win, finishing with 23 points on an efficient 64% shooting (9-of-14) from the field. Jericho Cruz added 10 points.

Game hero Mr. Oftana, meanwhile, had all-around numbers of 12 points, nine rebounds, five assists, two steals and a block.

“Meralco is a strong team and has been playing solidly since the start, which was why they were in second place in the eliminations. Coming in, we wanted to keep the game close and give ourselves a chance to win in the game. And good thing it was exactly what happened,” said NLEX coach Yeng Guiao in the post-game press conference.

“But we haven’t accomplished anything. We just extended the series and let’s see what happens in the next game,” he added.

For Meralco, it was Allein Maliksi who showed the way with 16 points, followed by Mr. Belo with 12 and Bong Quinto and Reynel Hugnatan with 11 points apiece.

The do-or-die match between Meralco and NLEX is set for Friday also at the Don Honorio Ventura State University Gym in Bacolor, Pampanga.

Meanwhile, as of this writing, top seeds TnT Tropang Giga and number eight team and defending champions Barangay Ginebra San Miguel Kings were battling for a spot in the semifinals with the former holding a twice-to-beat advantage. — Michael Angelo S. Murillo

UEFA Champions League: Real Madrid stunned in 2-1 home defeat by Moldovan Sheriff Tiraspol

SEBASTIEN Thill of Sheriff in action during the UEFA Champions League Group D match between Real Madrid and FC Sheriff at Estadio Santiago Bernabeu on Sept. 28 in Madrid, Spain. — REUTERS

MADRID — Real Madrid slumped to a 2-1 defeat by Moldovan side Sheriff Tiraspol in the Champions League on Tuesday as the visitors pulled off one of the biggest shocks in the competition’s history with a stunning 89th-minute strike from Sebastien Thill.

Champions League debutants Sheriff went ahead against the 13-times European champions in the 25th minute with a header from Uzbek midfielder Jasurbek Yakhshiboev, who narrowly missed a chance to double their lead later in the first half.

Real dominated in both halves, but needed a penalty to level. Karim Benzema buried his spot-kick in the 65th after Vinícius Júnior was felled and awarded a penalty following a VAR review, having been denied after a previous review moments earlier.

Real substitute Luka Jović spurned a great chance to score, but Sheriff quickly went down the other end and following a throw-in the ball fell to Luxembourg midfielder Thill, who unleashed a lethal shot into the top corner on the half volley.

Sheriff, from the unrecognized breakaway state of Transnistria, top Champions League Group D with six points from two games while Real are second with three.

Thill’s unstoppable strike gave Sheriff a win that flew in the face of match statistics showing Real had 30 shots on goal to the visitors’ four and won 13 corners compared to none for the Moldovan side while the Spaniards had 67% of possession.

“I’m a little sad as I think we deserved to win,” said Real coach Carlo Ancelotti.

“You could say we had bad luck, we lost the game on the small details, they scored their goals on the counter-attack and from a throw-in. We had a lot of shots at goal, but sometimes luck deserts you in games.

“Everything went well for them, everything went wrong for us.”

BIGGEST RESULT
Sheriff came through four rounds of qualifying to become the first Moldovan team to play in the group phase of Europe’s elite club competition and surprised a highly experienced Champions League side in Shakhtar Donetsk to win their opening game 2-0.

Before kickoff, the club, founded in 1997, had a mere 6,000 followers on Twitter, contrasting with Real’s army of over 38 million on the social media platform.

They faced an unbeaten Real side and were outplayed for most of the game, but pulled off the biggest result in their 24-year-history, making the most of few chances and relying on some top-drawer saves from Greek goalkeeper Georgios Athanasiadis.

Real made a strong start and Vinícius and Benzema each went close to giving them the lead, Athanasiadis making the first of many saves to tip a stinging shot from Benzema over the bar.

But Ancelotti’s side were outdone on the counter when Cristiano tore down the left wing and crossed to the unmarked Yakhshiboev, who headed into the net.

Real continued to threaten, Benzema and Vinícius each fizzing shots just off target before half time although Yakhshiboev could have scored again down the other end following a glaring error from home keeper Thibaut Courtois.

The Spaniards looked set to go on to win the game after Benzema leveled from the spot, but Sheriff had the ball in the net again through substitute Bruno, although the goal was ruled out for offside.

Luka Modric was then thwarted by Athanasiadis, who saved a thumping shot from the Croatian with his face, before Brazilian forward Rodrygo fired narrowly over the bar.

A Real winner looked inevitable, but instead it came down the other end when Thill tried his luck from the edge of the box, scoring the most important goal in his club’s brief history.

“We had so many shots, their goalkeeper made a lot of saves and I think you have to congratulate them for scoring two goals,” said Real midfielder Casemiro. “We were in control of the game, had many chances and then they scored a wonder goal.” — Reuters

Congress approves additional budget for PSC 

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The House of Representatives on Tuesday approved the request of the Philippine Olympic Committee (POC) for an additional P650 million for the Philippine Sports Commission’s (PSC) 2022 budget from general appropriations. 

POC President Abraham N. Tolentino, who is also a representative from the eighth district of Cavite, sought for the additional budget to fund the training and participation of national athletes to at least five major international competitions. 

The Department of Budget and Management (DBM), through the National Expenditure Program, appropriated only P175 million for the PSC, figures that cover only bare essentials for the government sports agency’s operations for the coming year. 

Mr. Tolentino informed the House committee of the importance of major international competitions that are held every four years as necessary to build on the momentum of the multiple medals won in the recent Olympic Games in Tokyo, where the country won its first-ever gold medal.  

These are the Beijing Winter Olympics (Feb. 4 to 20), Asian Indoor and Martial Arts Games (AIMAG) in Thailand (March 10 to 20), The World Games (TWG) in Birmingham, Alabama, USA (July 7 to 22), Huangzhou Asian Games (Sept. 10 to 25) and Shantou Asian Youth Games (Dec. 20 to 28). 

In his manifestation during the House Committee on Finance hearing, Mr. Tolentino also included the postponed 31stSoutheast Asian Games which Vietnam is bound to host also in 2022. 

“With due respect to the DBM, we in the POC were not consulted — and again with due respect to the PSC — we were not also asked, as part of planning, on how much is needed to fund our athletes for these major international competitions,” Mr. Tolentino said in his manifestation. 

“We are protecting and making sure that our qualified national athletes can compete in full force in those four major events that happen only once every four years, plus the SEA Games in Vietnam where we are the defending overall champion,” he said. 

Mr. Tolentino earlier planned a budget ofP5 million for the Winter Olympics, P150 million for the AIMAG, P10 million for the TWG, P270 million for Asian Games and P15 million for the AYG. The SEA Games budget was pegged at P200 million. 

“The total budget is a measly sum and this could be tapped from several sources … my concern is the budget needed by our athletes in these major competitions,” he said. “I am also willing to put a provision — as an oversight function — that all cancelled competitions will be treated as savings and will be returned to the DBM or the National Treasury.” 

Both the Minority and Majority supported Mr. Tolentino’s manifestation for the additional budget for the PSC. 

PSC Chairman William Ramirez and his chief of staff Mark Velasco were also present at the hearing.

Gilas Pilipinas Women drops second straight Asia Cup match

GILAS Pilipinas Women lost to Australia, 120-56, on Wednesday for its second straight defeat in the FIBA Women’s Asia Cup in Jordan. — FIBA

THE Philippine national women’s basketball team absorbed its second straight defeat in the ongoing Internatinal Basketball Federation (FIBA) Women’s Asia Cup in Jordan, losing to Australia, 120-56, in Group B play early on Wednesday morning (Manila time).

Gilas Pilipinas Women struggled at the start anew and could not recover from it.

The Opals opened the proceedings with an 11-0 blast until April Bernardino broke the Philippine silence with a jumper at the 7:05 mark of the first quarter.

Gilas stayed within striking distance of Australia for the rest of the opening frame, down by just 12 points, 32-20, heading into the second quarter.

In the second canto though, the Opals exerted further their might on both ends, outscoring Gilas, 32-13, to build a commanding 64-33 lead by the half time break.

From there, Australia just stayed the course, not allowing any significant headway for a Gilas rally to book its second win and fortify its push to take hold of the top spot in Group B of the preliminaries.

Forward Loren Nicholson led Australia with 21 points, followed by Keely Jane Froling with 19 points to go along with 13 boards.

Gilas, for its part, was paced by Janine Pontejos’ 13 points. Ms. Bernardino and Ria Nabalan each had eight points.

The nationals lost to China, 143-52, in their opener.

They wrap up their Group B assignments with a showdown with fellow winless team Chinese Taipei on Sept. 30 at 12 a.m. for the last spot in the crossover quarterfinals.

Whoever loses between the Philippines and Chinese Taipei will be sent down to battle against the last place team in Group A in the relegation game.

Playing in Group A are defending champion Japan, Korea, New Zealand and India.

Gilas Women matches are shown live over One Sports. — Michael Angelo S. Murillo

US Open champ Raducanu handed Indian Wells wild-card entry

US Open champion Emma Raducanu will play in her first tournament since stunning the tennis world at Flushing Meadows after being handed a wild card for next month’s Women’s Tennis Association (WTA) 1000 tournament at Indian Wells, organizers said on Tuesday.

The 18-year-old Briton became the first qualifier to win a Grand Slam earlier this month when she beat fellow teenager Leylah Fernandez of Canada in straight sets.

“2021 US Open Champion and rising WTA Tour star Emma Raducanu has been awarded a wild card into the BNP Paribas Open, a combined ATP Masters 1000 and WTA 1000 event to be held October 4–17, 2021 at the Indian Wells Tennis Garden,” organizers said in a statement.

Her entry into the Indian Wells tournament, often called the “fifth major,” will allow her to compete for the 1,000 ranking points up for grabs and possibly give her an outside shot at qualifying for the season-ending WTA Finals in Guadalajara.

Raducanu enters the Indian Wells draw a day after world number one Ash Barty withdrew from the tournament while former champions Naomi Osaka and Serena Williams are also sitting out.

Raducanu won the US Open without dropping a set, climbing more than 100 places to 22nd in the world rankings since her maiden Grand Slam victory. She is now the British number one.

Her victorious campaign also prompted the Tennis Hall of Fame to add her outfit from her impressive run to their collection.

The teenager said last week she was seeking a new coach after announcing she would no longer be working with former Davis Cup player Andrew Richardson as she targets more success on the WTA Tour. — Reuters

San Miguel Beermen seek to close out Northport Batang Pier in quarterfinal series

THE San Miguel Beermen seek to sweep the Northport Batang Pier in their best-of-three PBA Philippine Cup quarterfinals when they collide in Game Two on Thursday in Pampanga. — PBA IMAGES

THE San Miguel Beermen try to close out the Northport Batang Pier in their best-of-three Philippine Basketball Association (PBA) Philippine Cup quarterfinal series in Game Two on Thursday at the Don Honorio Ventura State University Gym in Bacolor, Pampanga.

Took the series opener in cardiac fashion, 88-87, on Sunday, San Miguel now seeks to get the job done in the second game set for 2 p.m. and advance to the semifinal round.

“Northport will be playing with a heightened sense of urgency. They will do everything they can to extend the series and we have to be ready for that,” said Beermen coach Leo Austria.

San Miguel snatched the early lead in the series on a game-winning jumper from veteran guard Alex Cabagnot.

Down by one, 87-86, with 5.1 seconds left in the game, after Northport’s Robert Bolick drained an improbable three-pointer from nearly half-court in the previous play, Mr. Cabagnot fielded the inbound pass and made his move to the basket before pulling up for the winner.

It was an escape act for the Beermen who saw the Batang Pier charge back late in the contest to make a serious run at the win.

The game-winner capped an eventful return for Mr. Cabagnot in the San Miguel fold after missing their entire elimination assignments in the Pampanga “semi-bubble” because of a knee injury.

He finished with a game-high 20 points. Mo Tautuaa had 15 points while reigning PBA player of the week CJ Perez added 14. June Mar Fajardo had a double-double of 10 points and 11 rebounds.

For Northport, it was Sean Anthony who led with 16 points, followed by Greg Slaughter with 15 points to go along with 10 boards.

Meanwhile, also gunning for a closeout are the Magnolia Hotshots Pambansang Manok, who took the opener, 81-70, of their own quarterfinal series over the Rain or Shine Elastopainters.

Paul Lee and Ian Sangalang led their team in the grind-it-out win to move a win away from booking a semifinal spot.

Game Two of the Magnolia-Rain or Shine series will be played at 4:35 p.m., Thursday. — Michael Angelo S. Murillo

With an ‘underdog’ mentality, Connecticut’s Jones snares WNBA MVP honor

CONNECTICUT Sun forward Jonquel Jones said an “underdog” mentality helped propel her to the top of her sport, after being named the winner of the WNBA’s Most Valuable Player (MVP) award on Tuesday.

Jones won the award in her fifth Women’s National Basketball Association (WNBA) season after she received 48 of 49 first-place votes and 487 total points from a national panel of sportswriters and broadcasters, the league said, just four years after she was named Most Improved Player.

“My whole basketball career has kind of been… just coming in as an underdog and just really working a lot,” said Jones, a native of the Bahamas, who told reporters she “wasn’t even good enough to make the varsity team” when she moved to the US as a teenager.

Phoenix Mercury center Brittney Griner, who earned the other first-place vote, finished in second place with 224 points.

Jones averaged 19.4 points, 11.2 rebounds and 2.8 assists, as Connecticut went a league-best 26-6 to secure the top seed in the playoffs.

“My teammates are behind me 100%, my coaches are behind me 100%, this organization is, and it allows me to grow there and flourish and I think that’s what makes an MVP: It’s the work, it’s the opportunity and it’s the combination of everybody being behind you,” she said.

The Sun, seeking to win their first WNBA championship, host the sixth-seeded Chicago Sky in the first game of the best-of-five semi-finals later on Tuesday. — Reuters

NBA staffers perturbed players get pass on vax

THERE is a divide between players and everyone else in the National Basketball Association (NBA) when it comes to the coronavirus disease 2019 (COVID-19) vaccine, and some are not happy about it.

The NBA mandated that all team employees must be vaccinated — except for players.

Mandatory vaccinations for players has been a non-starter with the National Basketball Players Association. Though the league has instituted strict protocols for unvaccinated players, there is lingering tension on staffs, ESPN reported.

“Everyone who is vaccinated should be pissed at those who aren’t,” a veteran assistant coach told ESPN. “Not requiring NBA players to be vaccinated is horses—.”

Protocols for unvaxxed players could include eating and traveling apart from vaccinated teammates as well as being located in a different part of the locker room.

Said one strength and conditioning coach: “They need to hold the players to the same standards they hold us. This is a disease that doesn’t differentiate between a player and a staff member.”

Roughly 90 percent of players have been vaccinated, but some highly publicized comments made by outspoken stars in the lead-up to training camp has raised eyebrows. Kyrie Irving, Andrew Wiggins and Bradley Beal have put themselves out there in staunch opposition to getting the vaccine.

“People want to draw it as a personal health decision, but it’s not,” a Western Conference head athletic trainer told ESPN. “It’s a public health decision.”

Beal clarified earlier comments on Tuesday saying he would still considering getting the vaccine. Beal said he’s currently not able to be vaccinated because he tested positive for COVID-19 in the past 60 days.

Portland Trail Blazers All-Star Damian Lillard said he wouldn’t argue with players choosing not to be vaccinated, but explained his decision was multi-faceted.

“I’m not mad at people who say they need to do their research. But I have a lot of people in my family that I spend time around,” Lillard said. “I’m just not going to put their lives in danger. As a kid, I had to get shots my whole life.”

Lakers superstar LeBron James took a similar line on Tuesday, saying it’s not his place to be an advocate to other players. James is fully vaxxed after doing his research.

“We’re talking about individual bodies. We’re not talking about something political or racism or police brutality,” James said. “I don’t think I personally should get involved in what other people do for their bodies and livelihoods. I know what I did for me and my family… But as far as speaking for everybody and their individualities and things they want to do, that’s not my job.” — Reuters

Kishida certain to be named Japan’s next PM

Japanese Prime Minister Fumio Kishida — KYODO/VIA REUTERS
FORMER Japanese Foreign Minister Fumio Kishida gestures as he is elected to be the new head of the ruling party in the Liberal Democratic Party’s leadership vote in Tokyo, Japan, Sept. 29. — KYODO/VIA REUTERS

TOKYO  — Former foreign minister Fumio Kishida won a ruling Liberal Democratic Party (LDP) leadership race on Wednesday, a victory that virtually ensures he will succeed Yoshihide Suga as prime minister within days.

Mr. Kishida enjoys only moderate public support and has a bland image and his victory could spell problems for the LDP in a general election due within weeks.

Mr. Kishida defeated former defense and foreign minister Taro Kono, seen as an outspoken maverick, in a second round run-off vote. Two female contenders, Sanae Takaichi, 60, and Seiko Noda, 61, dropped out after the first round.

The winner of the party poll to succeed unpopular Prime Minister Suga, who is not seeking re-election after just one year in office, is almost certain to become premier because of its majority in parliament’s lower house.

Mr. Kishida must call an election by Nov. 28 and faces the task of rebuilding an economy staggering from the COVID-19 pandemic, but his consensus style will help him consolidate power within the factious ruling party.

Mr. Kishida’s victory is unlikely to trigger a huge shift in policies as Japan seeks to cope with an assertive China and revive an economy hit by the pandemic, with the soft-spoken MP highlighting the need to focus on reducing income disparity.

He shares a broad consensus on the need to boost Japan’s defenses and strengthen security ties with the United States and other partners including the QUAD grouping of Japan, the United States, Australia and India, while preserving vital economic ties with China and holding regular summit meetings.

Specifically, Mr. Kishida wants to beef up Japan’s coast guard and backs passing of a resolution condemning China’s treatment of members of the Uyghur minority. He wants to appoint a prime ministerial aide to monitor their human rights situation.

Mr. Kishida said deregulation during the reform era in the early 2000s widened the gap between the haves and have-nots and that former prime minister Shinzo Abe’s “Abenomics,” which sought to fix tattered finances by achieving high growth and boosting tax revenues, did not result in benefits trickling down.

Mr. Kishida has said fiscal consolidation would be a major pillar of his policy and in the past has voiced doubts over the Bank of Japan’s (BOJ) ultra-loose policy, saying in 2018 that stimulus cannot last forever.

With the economy suffering from the COVID-19 pandemic, Mr. Kishida reversed course to say the BOJ must maintain its massive stimulus. He proposed a spending package of more than 30 trillion yen, adding that Japan likely would not raise a sales tax rate from 10% “for about a decade.”

He stressed the need to distribute more wealth to households, in contrast to the focus of Abe’s “Abenomics” policies on boosting corporate profits in the hope benefits trickle down to wage-earners. — Reuters