Japan's new party vows to scrap over-reliance on fiscal, monetary stepsTOKYO (Reuters) - Tokyo Governor Yuriko Koike s new party on Friday unveiled an election platform that seeks to distance her  Yurinomics  policies from Prime Minister Shinzo Abe s aggressive stimulus, by cutting reliance on fiscal spending and monetary easing.  Launched less than two week s ago, Koike s  Party of Hope  will take on Abe s ruling coalition in a national election called for Oct. 22.  It has made populist calls to freeze a scheduled sales tax hike in 2019 and phase out nuclear power, in an effort to set itself apart from the government on key issues, but the fresh approach on the economy was given its own catchy name.  We ll carry out  Yurinomics  that brings out private sector vitality, without relying excessively on monetary easing and fiscal spending,  the Party of Hope said.  While maintaining the Bank of Japan s massive monetary easing for the time being, the government and the BOJ should work together to seek a smooth exit strategy,  it added.  Yurinomics  is a piece of political branding to counter  Abenomics  - the name given to the aggressive monetary and fiscal stimulus measures and structural reforms Abe has adopted since returning to power in December 2012.  Five years on, Abe s government can point to some signs that his strategy is finally fostering stronger economic growth and defeating deflation. Appointed by Abe, Bank of Japan Governor Haruhiko Kuroda still wants to give his money-printing ways more time to work, whereas the Hope party wants to debate a strategy to smoothly end them. Abe called the snap election last week in the hope his Liberal Democratic Party-led coalition will secure a simple majority in parliament s lower house, from its two-thirds  super majority  earlier.   Amid signs that voters are disillusioned with Abe after nearly five years in power, Koike s Hope party, pitched as a  reformist, conservative  alternative to Abe s equally conservative LDP, has clouded the outlook, however.   By putting monetary policy on the table, Koike s platform could spur debate among a lot of lawmakers about the need to fix some of the things they think are wrong, and quantitative easing could be a candidate,  said Shuji Tonouchi, senior market economist at Mitsubishi UFJ Morgan Stanley Securities.  Right now, the market impact is limited because the chances of her party forming a government are low.  The new party says  Yurinomics  - derived from Koike s first name - will focus on deregulation and tax firms  massive internal reserves - worth around 300 trillion yen ($2.66 trillion) to encourage them to put unused cash to better use. It will also freeze the scheduled sales tax hike in 2019 and help low-income households with a  basic income  policy that regularly pays a set amount of money to all citizens. While the Party of Hope s conservative approach on defense and constitutional reform resembles that of Abe s LDP, its economic policy has a more populist streak, analysts say.  Basic income is being called for in some countries facing growing social inequality, so I m not totally rejecting the idea,  said Hiroshi Shiraishi, senior economist at BNP Paribas Securities.  But without a secure source of revenue, it s simply impossible.  Abe s ruling coalition has pledged to proceed with the sales tax hike and use the revenues for child care and education. Koike said her party would build on Abenomics to bring the benefits of the economic recovery to more households.  We need to carry out a more meticulous economic policy and social reform that would strike people s heart,  Koike told a news conference, where she reiterated that she would not stand in the coming election. Her party is open to debate on a possible revision of the  constitution s pacifist chapter 9, whose literal interpretation would ban the maintenance of armed forces. In an interview, Abe told Kyodo news agency he wanted to win support from other parties, including Koike s, for the LDP s campaign pledge for a revision to provide a firm legal basis for Japan s military, the Self-Defence Forces.  Koike, 65, a former defense minister and member of Abe s LDP, has not made clear whom her party would back as the next prime minister. She defied the LDP to run for governor last year, defeating the ruling party candidate by a landslide before leading her small local party to a huge victory on a reformist platform in a July Tokyo assembly election.  ($1=112.8300 yen) worldnews
japan new party vows scrap fiscal monetary stepstokyo reuters tokyo governor yuri like new party friday unveiled election platform seeks distance yurinomics policies prime minister shine abe aggressive stimulus cutting reliance fiscal spending monetary easing launched less two week ago like party hope take abe ruling coalition national election called it made populist calls freeze scheduled sales tax hike phase nuclear power effort set apart government key issues fresh approach economy given catchy name we carry yurinomics brings private sector vitality without relying excessively monetary easing fiscal spending party hope said while maintaining bank japan massive monetary easing time government boj work together seek smooth exit strategy added yurinomics piece political branding counter genomics name given aggressive monetary fiscal stimulus measures structural reforms abe adopted since returning power december five years abe government point signs strategy finally fostering stronger economic growth defeating deletion appointed abe bank japan governor haruhiko europa still wants give ways time work whereas hope party wants debate strategy smoothly end abe called snap election last week hope liberal democratic coalition secure simple majority parliament lower house super majority earlier amid signs voters disillusioned abe nearly five years power like hope party pitched reformist conservative alternative abe equally conservative dp clouded outlook however by putting monetary policy table like platform could spur debate among lot lawmakers need fix things think wrong quantitative easing could candidate said shui tonouchi senior market economist mitsubishi fj morgan stanley securities right market impact limited chances party forming government low the new party says yurinomics derived like first name focus deregulation tax firms massive internal reserves worth around trillion yen trillion encourage put unused cash better use it also freeze scheduled sales tax hike help households basic income policy regularly pays set amount money citizens while party hope conservative approach defense constitutional reform resembles abe dp economic policy populist streak analysts say basic income called countries facing growing social inequality i totally rejecting idea said hiroshi shiraishi senior economist bnp paris securities but without secure source revenue simply impossible abe ruling coalition pledged proceed sales tax hike use revenues child care education like said party would build genomics bring benefits economic recovery households we need carry meticulous economic policy social reform would strike people heart like told news conference reiterated would stand coming election her party open debate possible revision constitution pacifist chapter whose literal interpretation would ban maintenance armed forces in interview abe told kyoto news agency wanted win support parties including like dp campaign pledge revision provide firm legal basis japan military forces like former defense minister member abe dp made clear party would back next prime minister she defied dp run governor last year defeating ruling party candidate landslide leading small local party huge victory reformist platform july tokyo assembly election yen worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Japan's new party vows to scrap over-reliance on fiscal, monetary stepsTOKYO (Reuters) - Tokyo Governor Yuriko Koike s new party on Friday unveiled an election platform that seeks to distance her  Yurinomics  policies from Prime Minister Shinzo Abe s aggressive stimulus, by cutting reliance on fiscal spending and monetary easing.  Launched less than two week s ago, Koike s  Party of Hope  will take on Abe s ruling coalition in a national election called for Oct. 22.  It has made populist calls to freeze a scheduled sales tax hike in 2019 and phase out nuclear power, in an effort to set itself apart from the government on key issues, but the fresh approach on the economy was given its own catchy name.  We ll carry out  Yurinomics  that brings out private sector vitality, without relying excessively on monetary easing and fiscal spending,  the Party of Hope said.  While maintaining the Bank of Japan s massive monetary easing for the time being, the government and the BOJ should work together to seek a smooth exit strategy,  it added.  Yurinomics  is a piece of political branding to counter  Abenomics  - the name given to the aggressive monetary and fiscal stimulus measures and structural reforms Abe has adopted since returning to power in December 2012.  Five years on, Abe s government can point to some signs that his strategy is finally fostering stronger economic growth and defeating deflation. Appointed by Abe, Bank of Japan Governor Haruhiko Kuroda still wants to give his money-printing ways more time to work, whereas the Hope party wants to debate a strategy to smoothly end them. Abe called the snap election last week in the hope his Liberal Democratic Party-led coalition will secure a simple majority in parliament s lower house, from its two-thirds  super majority  earlier.   Amid signs that voters are disillusioned with Abe after nearly five years in power, Koike s Hope party, pitched as a  reformist, conservative  alternative to Abe s equally conservative LDP, has clouded the outlook, however.   By putting monetary policy on the table, Koike s platform could spur debate among a lot of lawmakers about the need to fix some of the things they think are wrong, and quantitative easing could be a candidate,  said Shuji Tonouchi, senior market economist at Mitsubishi UFJ Morgan Stanley Securities.  Right now, the market impact is limited because the chances of her party forming a government are low.  The new party says  Yurinomics  - derived from Koike s first name - will focus on deregulation and tax firms  massive internal reserves - worth around 300 trillion yen ($2.66 trillion) to encourage them to put unused cash to better use. It will also freeze the scheduled sales tax hike in 2019 and help low-income households with a  basic income  policy that regularly pays a set amount of money to all citizens. While the Party of Hope s conservative approach on defense and constitutional reform resembles that of Abe s LDP, its economic policy has a more populist streak, analysts say.  Basic income is being called for in some countries facing growing social inequality, so I m not totally rejecting the idea,  said Hiroshi Shiraishi, senior economist at BNP Paribas Securities.  But without a secure source of revenue, it s simply impossible.  Abe s ruling coalition has pledged to proceed with the sales tax hike and use the revenues for child care and education. Koike said her party would build on Abenomics to bring the benefits of the economic recovery to more households.  We need to carry out a more meticulous economic policy and social reform that would strike people s heart,  Koike told a news conference, where she reiterated that she would not stand in the coming election. Her party is open to debate on a possible revision of the  constitution s pacifist chapter 9, whose literal interpretation would ban the maintenance of armed forces. In an interview, Abe told Kyodo news agency he wanted to win support from other parties, including Koike s, for the LDP s campaign pledge for a revision to provide a firm legal basis for Japan s military, the Self-Defence Forces.  Koike, 65, a former defense minister and member of Abe s LDP, has not made clear whom her party would back as the next prime minister. She defied the LDP to run for governor last year, defeating the ruling party candidate by a landslide before leading her small local party to a huge victory on a reformist platform in a July Tokyo assembly election.  ($1=112.8300 yen) worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: japan new party vows scrap fiscal monetary stepstokyo reuters tokyo governor yuri like new party friday unveiled election platform seeks distance yurinomics policies prime minister shine abe aggressive stimulus cutting reliance fiscal spending monetary easing launched less two week ago like party hope take abe ruling coalition national election called it made populist calls freeze scheduled sales tax hike phase nuclear power effort set apart government key issues fresh approach economy given catchy name we carry yurinomics brings private sector vitality without relying excessively monetary easing fiscal spending party hope said while maintaining bank japan massive monetary easing time government boj work together seek smooth exit strategy added yurinomics piece political branding counter genomics name given aggressive monetary fiscal stimulus measures structural reforms abe adopted since returning power december five years abe government point signs strategy finally fostering stronger economic growth defeating deletion appointed abe bank japan governor haruhiko europa still wants give ways time work whereas hope party wants debate strategy smoothly end abe called snap election last week hope liberal democratic coalition secure simple majority parliament lower house super majority earlier amid signs voters disillusioned abe nearly five years power like hope party pitched reformist conservative alternative abe equally conservative dp clouded outlook however by putting monetary policy table like platform could spur debate among lot lawmakers need fix things think wrong quantitative easing could candidate said shui tonouchi senior market economist mitsubishi fj morgan stanley securities right market impact limited chances party forming government low the new party says yurinomics derived like first name focus deregulation tax firms massive internal reserves worth around trillion yen trillion encourage put unused cash better use it also freeze scheduled sales tax hike help households basic income policy regularly pays set amount money citizens while party hope conservative approach defense constitutional reform resembles abe dp economic policy populist streak analysts say basic income called countries facing growing social inequality i totally rejecting idea said hiroshi shiraishi senior economist bnp paris securities but without secure source revenue simply impossible abe ruling coalition pledged proceed sales tax hike use revenues child care education like said party would build genomics bring benefits economic recovery households we need carry meticulous economic policy social reform would strike people heart like told news conference reiterated would stand coming election her party open debate possible revision constitution pacifist chapter whose literal interpretation would ban maintenance armed forces in interview abe told kyoto news agency wanted win support parties including like dp campaign pledge revision provide firm legal basis japan military forces like former defense minister member abe dp made clear party would back next prime minister she defied dp run governor last year defeating ruling party candidate landslide leading small local party huge victory reformist platform july tokyo assembly election yen worldnews