Resignation of Japan's Farm Minister Over Rice Comments

SOURCE www.nbcnews.com
Japan's farm minister resigned after admitting he has never had to buy rice, causing outrage among locals struggling with high rice prices due to poor harvests and protectionist policies. The country's isolationist rice economy, aging population of farmers, and high demand from tourists have exacerbated the issue.

Key Points

  • Japan's farm minister resigned after admitting he has never had to buy rice, sparking outrage over high rice prices
  • Poor harvests and protectionist policies have led to soaring rice prices in Japan
  • The country's rice economy is isolated with stiff duties on imported rice, exacerbating the issue
  • Aging population of farmers and high demand from tourists have contributed to the supply-demand imbalance