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Former U.S. President Donald Trump at a rally in Conroe, Texas.

Reuters

What We're Watching: Trump's tax returns set to go public, Japan stuns markets, Biden braces for migrant surge, India raises China alarm

Trump's tax returns set to be released

The House Ways and Means Committee voted yesterday to release Donald Trump's tax returns from 2015-2020 — a move the former president’s team has characterized as a politically motivated attack by Democrats in the House, who are set to lose their majority when the new Congress is sworn in on Jan. 3. It may be days before all the filings go public, but committee members revealed late Tuesday that the IRS failed to audit Trump during his first two years as president. A report issued late Tuesday also highlighted some information from the filings, including that Trump had positive taxable income in 2018 — for the first time in more than 10 years — and paid nearly $1 million in federal income taxes that year. But as of 2020? Trump had reverted to reporting negative income … and paid no federal income tax as a result. Democrats on the committee explained that they carefully followed the law with this vote, invoking a century-old statute, but some Republicans say this could lead to increased use of exposing private tax info for political means.

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Reflecting on Shinzo Abe and How His Legacy Will Impact Japan's Future | GZERO World

Reflecting on Shinzo Abe and how his legacy will impact Japan's future

Japan was rattled by the shocking assassination of former Prime Minister Shinzo. Ian Bremmer speaks to longtime Abe adviser Tomohiko Taniguchi about Abe's foreign policy legacy.

In a GZERO World interview, they discuss whether current PM Fumio Kishida can pick up where his old boss left off, and how Abe's untimely death might ultimately change Japan. Is the time right to now realize Abe's unfulfilled dream of amending Japan's postwar pacifist constitution?

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Assassinated! Japan’s Grief & How Shinzo Abe’s Goals Will Shape Asia | GZERO World with Ian Bremmer

Assassinated! Japan’s grief & how Shinzo Abe’s goals will shape Asia

How will the shocking assassination of Shinzo Abe, Japan's former and longest-serving prime minister, reshape the country and the broader region?

And will it lead to realizing Abe's unfulfilled dream of amending Japan's postwar pacifist constitution?

On GZERO World, Ian Bremmer speaks to longtime Abe adviser Tomohiko Taniguchi, who shares how he felt when he found out his close friend had died.

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How Did Shinzo Abe Change Japan, and the World? | Former Adviser Tomohiko Taniguchi | GZERO World

How did Shinzo Abe change Japan, and the world?

The late Shinzo Abe, Japan's former PM, often doesn't get enough credit for bolstering the morale of young Japanese, explains Tomohiko Taniguchi, Abe's former adviser and close friend, who spoke with Ian Bremmer on GZERO World.

On foreign policy, he is considered the architect of the Quad dialogue with the US, India, and Australia, though he failed to realize his dream of reforming Japan's constitution.

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Japan To Become More Assertive On Global Stage After PM Abe's Death | World In :60 | GZERO Media

Japan's assertive foreign and economic policy reflect Abe's legacy

Ian Bremmer shares his insights on global politics this week on World In :60.

With Japanese people mourning former PM Shinzo Abe, how will his death further influence Japan's politics?

Well, we've already seen a fairly easy majority win by Abe's own Liberal Democratic Party. He had been stumping for them when he was assassinated. His two legacies are things that the Japanese are moving on. One, Abenomics, the three arrows of fiscal policy and monetary policy and growth really underpin the new style of capitalism that Prime Minister Kishida's been talking about. I think that they will more assertively align towards those, even though the BOJ at this point, The Bank of Japan doesn't have a lot of flexibility given the indebtedness levels. But also the Quad, the CPTPP, the desire of the Japanese, the prime minister to go to NATO for the summit a couple weeks ago. I mean, all of these were really kicked off by Abe wanting a more assertive foreign policy, normalizing their defense capabilities. You might even see a move now towards reforming the constitution on the defense side, something Abe wanted to do but didn't have the votes for. Now the LDP does. I expect to see Japan increasingly assertive on the global stage like you've seen Germany under Olaf Scholz.

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Waiting for Foot Traffic to Return in Tokyo | Small Business Owner Shizuka Takahashi

Waiting for foot traffic to return in Tokyo

Shizuka Takahashi wants Tokyo’s foot traffic to return. Having face-to-face interactions with her customers means everything to her — in fact, the desire to interact with people is why she opened her Tokyo shop, PuRe Juice Bar. She got the idea while living in New York City, where people know and love smoothies. In Tokyo, however, the juice culture is less common. Takahashi opened in 2019 only to be hit by reduced sales as a result of COVID-19. By learning to market herself throughout the pandemic, and with government aid, she’s been able to keep her company afloat. Now she’s looking forward to helping her Japanese customers get hooked on healthy juice drinks.

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People fleeing Russia's invasion of Ukraine arrive at Suceava train station in Romania.

REUTERS/Clodagh Kilcoyne

Hard Numbers: Displaced Ukrainians, pro-Russia parties banned, Japan invests in India, Mexico City’s new airport

10 million: Ten million Ukrainians — almost a quarter of the country's population — have already fled their homes amid the Russian invasion, the UN refugee agency said on Sunday. Most of the externally displaced have gone to neighboring Poland.

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Meet the Leader of Japan’s Pandemic Response and Recovery | Japan In :60 | GZERO Media

Meet the leader of Japan’s pandemic response and recovery

Japan's Cabinet Minister Yasutoshi Nishimura is the person charged with leading economic revitalization and coronavirus response for his nation. In this conversation with GZERO's Ian Bremmer, Nishimura explains the challenges Japan has faced, the road to recovery, and what the example of Japan can teach the world. The video is part of a limited "Japan in 60 Seconds" series produced in partnership with the Consulate General of Japan.

This video is sponsored by the Consulate General of Japan.

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