🟥This is an incredible story.
🔴"TOKYO -- Japan is considering placing a wider range of expenditures under the umbrell | Hanami
🟥This is an incredible story.
🔴"TOKYO -- Japan is considering placing a wider range of expenditures under the umbrella of defense spending starting next fiscal year, including energy and even some development assistance, as the U.S. demands bigger budgets, Nikkei has learned."
✴️Why?
▶️I’ve been saying for months that the Hormuz crisis has globalized China’s approach by pushing governments to treat energy sources as national security assets. We’re seeing this everywhere — and now in Japan.
▶️There’s another factor at play: Trump is pressing allies to raise defense spending. Because refineries and energy infrastructure are increasingly viewed as national security priorities, governments will start classifying “energy” spending as defense spending.
Retweeted by @staunovo from @anasalhajji