Ishiba says cash handouts quickly help with high prices

Japanese Prime Minister Ishiba announced plans for cash handouts, citing them as the fastest way to aid low-income households struggling with rising prices. Ishiba believes direct cash assistance will boost household spending, particularly on essential goods like food and shelter, as the G7 seeks to address global economic challenges. He also discussed international cooperation on security issues. The announcement comes amid ongoing trade negotiations with the US, with some disagreements remaining, and ahead of the upcoming House of Councillors election scheduled for July 22.