Japan’s Abe Takes G7 Leaders to Shrine as Economy Tops Summit Agenda

Japanese Prime Minster Shinzo Abe escorted Group of Seven (G7) leaders to the Shinto religion’s holiest site on Thursday before a summit covering topics from risks to the global economy to refugees and China’s maritime assertiveness.

Abe greeted U.S. President Barack Obama and other G7 partners one-by-one at Ise Grand Shrine in central Japan, dedicated to sun goddess Amaterasu Omikami, mythical ancestress of the emperor.

Led by a white-robed priest, each leader walked across a bridge, took part in a tree-planting ritual, strolled through the expansive grounds and posed for a group photo.

Abe has said he hopes the shrine visit will provide an insight to the heart of Japanese culture. Critics say he’s catering to a conservative base that wants to put religion back in politics and revive traditional values.

Reuters

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.