Japan's ruling party to propose more defense spending, eyes 2% of GDP

Japan's ruling Liberal Democratic Party will propose that the government sharply increase its defense spending, party members said Thursday, suggesting they will push for, at a minimum, an amount equivalent to 2 percent of the nation's gross domestic product, double the current level.The party's draft proposal for revising the government's National Security Strategy will also include the controversial idea of possessing the ability to disable an enemy country's missiles in its territory, as well as its command and control systems.The proposal was approved at a meeting of LDP's Research Comm…READ FULL ARTICLE