South Korea Unveils Supplementary Budget to Boost Economy
South Korea’s government has rolled out a new supplementary budget aimed at kickstarting the economy and supporting those hit hardest by recent challenges. The Finance Ministry announced plans to inject funds into sectors that need it most, including direct cash support to citizens.
The budget includes measures like cash handouts and incentives to encourage spending, hoping to energize the economy from the ground up.
“We’re focused on revitalizing our economy and lending a hand to our people,” a government official said.
China Successfully Tests Next-Gen Spacecraft Escape System
In a leap forward for space exploration, China carried out a crucial test of its next-generation crewed spacecraft’s emergency escape system. Conducted at the Jiuquan Satellite Launch Center, the test ensures astronauts can be propelled to safety if something goes wrong during launch.
Having a reliable escape system is a big deal for astronaut safety, acting as a vital backup during critical moments.
“This test confirms our commitment to astronaut safety in all situations,” a spokesperson from China’s space agency shared.
Vietnam Set to Raise Taxes on Alcoholic Drinks
Vietnam’s government is planning to increase taxes on alcoholic beverages in an effort to promote healthier lifestyles. The National Assembly approved a proposal that will see taxes on beer and spirits gradually rise over the next few years.
The move aims to reduce alcohol consumption and tackle related health issues, but it also poses new challenges for the country’s booming beverage industry.
“It’s about finding a balance between public health and economic interests,” an industry analyst commented.
Record-Breaking Heatwave Hits Japan
Japan is experiencing a scorching heatwave with temperatures soaring to 36 degrees Celsius in Tokyo. Heat alerts have been issued nationwide, and many people have been hospitalized due to heat-related illnesses.
The intense heat has set new records in several regions, prompting officials to urge everyone to stay hydrated and avoid unnecessary exposure to the sun.
The extreme weather highlights the growing concerns over climate change and its impact on daily life.
