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Aug 29, 2011

Japan’s finance minister to be new PM; may not last long

TOKYO (Reuters) – Finance Minister Yoshihiko Noda was chosen on Monday to become Japan’s sixth prime minister in five years, but needs to overcome a divided parliament and deep rifts in the ruling party if he is to make more of a mark than his recent predecessors.

Noda appears to be a safe pair of hands to lead the world’s third-biggest economy but there are serious doubts whether he will have sufficient support to tackle Japan’s myriad economic woes, lift it out of decades of stagnation and cope with a nuclear crisis.

Aug 29, 2011

Japan’s Finance Minister Noda to be new PM

TOKYO (Reuters) – Finance Minister Yoshihiko Noda was chosen on Monday to become Japan’s sixth prime minister in five years, but has to overcome a divided parliament and deep rifts in the ruling party if he is to make more of a mark than his predecessors.

Noda is considered a safe pair of hands to lead the world’s third-biggest economy but doubts run deep as to whether he will have sufficient support and stay in office long enough to tackle a long list of economic woes and cope with a nuclear crisis.

Aug 29, 2011

Analysis – Noda faces tough hurdles as sixth Japan PM in 5 yrs

TOKYO (Reuters) – Finance Minister Yoshihiko Noda, elected by Japan’s ruling party on Monday to become the nation’s sixth prime minister in five years, faces a long list of challenges from rebuilding from a devastating tsunami and the nuclear crisis it triggered to reining in huge public debt.

Following are some implications of Noda’s election:

SHORT-LIVED LEADER?

Japan’s last five leaders have struggled to implement policies in parliament where the opposition can block bills, and the biggest risk is that Noda could also end up a short-termer. The ruling Democratic Party of Japan has a regular leadership election set for September 2012.

Aug 29, 2011

Snap analysis: Noda faces tough hurdles as sixth Japan PM in 5

TOKYO (Reuters) – Finance Minister Yoshihiko Noda, elected by Japan’s ruling party on Monday to become the nation’s sixth prime minister in five years, faces a long list of challenges from rebuilding from a devastating tsunami and the nuclear crisis it triggered to reining in huge public debt.

Following are some implications of Noda’s election:

SHORT-LIVED LEADER?

Japan’s last five leaders have struggled to implement policies in parliament where the opposition can block bills, and the biggest risk is that Noda could also end up a short-termer. The ruling Democratic Party of Japan has a regular leadership election set for September 2012.

Aug 29, 2011

Snap analysis – Noda faces tough hurdles as Japan PM

TOKYO (Reuters) – Finance Minister Yoshihiko Noda, elected by Japan’s ruling party on Monday to become the nation’s sixth prime minister in five years, faces a long list of challenges from rebuilding from a devastating tsunami and the nuclear crisis it triggered to reining in huge public debt.

Following are some implications of Noda’s election:

SHORT-LIVED LEADER?

Japan’s last five leaders have struggled to implement policies in parliament where the opposition can block bills, and the biggest risk is that Noda could also end up a short-termer. The ruling Democratic Party of Japan has a regular leadership election set for September 2012.

Aug 28, 2011

Japan to pick latest PM as revolving door turns

TOKYO (Reuters) – Japan’s ruling party picks a new prime minister Monday and little suggests that the nation’s sixth leader in five years will have the necessary vision, power or time to tackle a long list of economic ills while coping with a nuclear crisis.

Trade Minister Banri Kaieda, 62, appears to have the lead ahead of the vote by Democratic Party of Japan (DPJ) lawmakers but a run-off is likely as none of the five contenders to succeed outgoing Prime Minister Naoto Kan seems set to win a majority in a first-round vote.

Aug 28, 2011

Japan’s Kaieda ahead in PM race but run-off likely

TOKYO (Reuters) – Trade minister Banri Kaieda has the lead in a ruling party race to pick Japan’s next prime minister, but with chances dim for winning a majority in a first round vote, a bruising run-off looks likely, media surveys showed Sunday.

The race to select Japan’s sixth leader in five years has become a battle between allies and critics of party powerbroker Ichiro Ozawa, a 69-year-old political mastermind who heads the ruling Democratic Party of Japan’s (DPJ) biggest group despite facing trial on charges of misreporting political donations.

Aug 27, 2011

Japan PM race begins with no winner in sight

TOKYO, Aug 27 (Reuters) – Japan’s ruling Democratic Party
formally kicked off a leadership race to pick the next prime
minister on Saturday, with no clear winner among five candidates
in sight, as the country confronts a series of economic and
energy ills.

The race to select Japan’s sixth leader in five years is
shaping up as a battle between allies and critics of party
powerbroker Ichiro Ozawa, a 69-year-old political mastermind who
still wields clout despite facing trial on charges of
misreporting political donations.

Aug 27, 2011

No clear winner in sight as Japan PM race kicks off

TOKYO (Reuters) – Japan’s ruling Democratic Party formally kicked off a leadership race to pick the next prime minister as the country confronts a raft of economic ills, but with five candidates jostling for the job, no clear winner was in sight.

The race to select Japan’s sixth leader in five years is shaping up as a battle between allies and critics of party powerbroker Ichiro Ozawa, a 69-year-old political mastermind who still wields clout despite facing trial on charges of misreporting political donations.

Aug 26, 2011

Japan PM to resign, successor race wide open

TOKYO (Reuters) – The race to pick Japan’s sixth leader in five years was wide open Friday after a scandal-tainted party powerbroker looked likely to refuse to back the most popular candidate just days before a vote.

Prime Minister Naoto Kan, who came under fire for his response to the massive March tsunami and the radiation crisis it triggered, confirmed his intention to step down at a gathering of ruling Democratic Party of Japan lawmakers, clearing the way for the party to pick a new leader Monday.

    • About Linda

      "I direct a team of reporters responsible for covering politics, diplomacy, social and security policies in the world's second-biggest economy, as well as natural disasters, entertainment and lifestyle trends. I have been in my current position since April 1999 and prior to that was Chief Economics Correspondent, Japan."
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