"Bailout: Taking a trillion dollars from the people and giving it to the banks so the banks can loan it back to the people, at interest!" -- Michael Rivero

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The German Chancellor Olaf Scholz has called this moment a “historic turning point.” In Japan, a famous comedian named Tamori coined the (somewhat obscure) phrase “new prewar,” and it has been widely used to say much the same thing: That Russia’s invasion of Ukraine has forced both countries to take their own military preparedness more seriously.

Japanese Prime Minister Fumio Kishida arrived in the Ukrainian capital of Kyiv on Tuesday in a surprise visit to the Eastern European country to hold talks with President Volodymyr Zelenskyy ahead of a G-7 summit that Tokyo will host in May.

The visit, which had been kept secret until right before arrival, comes a day after Kishida met with his Indian counterpart, Narendra Modi, in New Delhi. It is rare for a Japanese leader to make an unannounced trip to a foreign nation.

A private Japanese lander has made it to the moon.

The Hakuto-R spacecraft entered lunar orbit late Monday night (March 20), notching a huge milestone for the Japanese company ispace, which has big plans in Earth-moon space.

This is the dramatic moment a Russian fighter jet intercepted a pair of US nuclear bombers over the Baltic Sea, just days after an American drone was downed.

Russia's defence ministry said a single Su-35 was scrambled to meet the B-52 strategic bombers that were flying in the direction of the Russian border on Monday, but that it returned to base after they moved away.

 North Korea test-launched an intercontinental ballistic missile Thursday just hours before the leaders of South Korea and Japan were to meet at a Tokyo summit expected to be overshadowed by North Korean nuclear threats.

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South Korean President Yoon Suk-yeol met with Japanese Prime Minister Fumio Kishida in Japan on Thursday as Tokyo and Seoul seek to thaw relations, an initiative backed by the US as it seeks to rally its allies in the region against China.

According to Nikkei Asia, the two leaders agreed to bolster cooperation against North Korea and to resume a working-level bilateral security dialogue that has been on a five-year hiatus.