Thousands of businesses in Malawi closed their doors in protest last week, forcing a delay in the implementation of a new Electronic Tax Invoicing System (EIS), according to The Guardian. Simultaneously, Japan's Prime Minister Sanae Takaichi celebrated a landslide victory for her Liberal Democratic Party (LDP), vowing to cut taxes, as reported by Al Jazeera. These events highlight contrasting economic and political developments across different nations.
In Malawi, shop owners and small businesses demonstrated in the country's four main cities against the EIS, which they feared would cripple their livelihoods, The Guardian reported. Demonstrations and petitions, signed by tens of thousands, led to a delay in the introduction of the tax regime. The protests, which included business closures, aimed to protect small traders from the perceived negative impacts of the new system.
Meanwhile, in Japan, Prime Minister Takaichi celebrated the LDP's "historic" win, securing 316 seats in the 500-member National Assembly, according to Al Jazeera. She pledged to cut taxes and keep her cabinet intact following the election. This victory allows the LDP to maintain its majority and pursue its policy agenda.
Other news stories covered by Al Jazeera included the ongoing restrictions on freedom of movement in Gaza, described as a "tool of control and collective punishment." Additionally, the leader of Bangladesh's Jamaat-e-Islami party, Shafiqur Rahman, unveiled an election manifesto promising to quadruple the country's GDP by 2040 if his party wins the upcoming election.
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