New Liberal Democratic Party (LDP) leader Shigeru Ishiba said he would call a national election on Oct. 27, assuming he is confirmed as Japan’s new prime minister today, taking advantage of a positive public reaction to his victory in Friday’s LDP leadership election.
“It is important that the new government be judged by the people as soon as possible,” Ishiba said in brief remarks to the press yesterday.
Ishiba is set to name party veterans to senior posts in his Cabinet as he broadly pursues continuity in economic, monetary and foreign policy. The new administration is officially launch after today’s vote in the LDP-dominated parliament.
Photo: AP / Kyodo News
The role of finance minister is set to go to Katsunobu Kato, a former top government spokesman, while Ishiba is to name Takeshi Iwaya, a former defense minister, as his foreign minister, public broadcaster NHK and other Japanese media reported.
Ishiba’s decision to call a quick election is a move to win a mandate for his administration while there is an uptick in voter support. A survey by the Mainichi Shimbun found that 52 percent of the public were optimistic about the new government.
The surprise victory by Ishiba in the LDP leadership battle reflects a bid by the party to win back public trust after a fund-raising scandal and inflation woes sent the approval ratings of outgoing Japanese Prime Minister Fumio Kishida plummeting.
Ishiba has consistently been one of the most popular leadership candidates among the public. His distance from previous administrations gives him a cleaner image to project in an election.
The ruling LDP is unlikely to be ousted in any near-term national vote, given the relatively low support ratings of other parties. The main opposition party has just replaced its leader to try and revive its flagging support levels.
Tokyo stocks yesterday closed down more than 3 percent as investors factored in the sharp rebound in the yen that followed Ishiba’s surprise win over Bank of Japan (BOJ) easing advocate Sanae Takaichi.
A Takaichi victory was seen as likely to slow down or put the brakes on interest rate hikes by the central bank, putting pressure on the currency to weaken.
During his leadership campaign, the 67-year-old Ishiba expressed support for the BOJ’s policy normalization.
In a television interview on Sunday he said it was important to keep monetary conditions accommodative, suggesting there was no rush to raise borrowing costs.
“I don’t think we should be talking about interest rates in a situation where we still can’t say for sure that deflation has been defeated,” Ishiba said during an interview with Fuji TV.
Ishiba has said his economic priorities are to defeat deflation and raise wages, while encouraging revitalization of Japan’s rural regions.
School bullies in Singapore are to face caning under new guidelines, but the education minister on Tuesday said it would be meted out only as a last resort with strict safeguards. Human rights groups regularly criticize Singapore for the use of corporal punishment, which remains part of the school and criminal justice systems, but authorities have defended it as a deterrent to crime and serious misconduct. Caning was discussed in the parliament after legislators asked how it would be used in relation to bullying in schools. The debate followed stricter guidelines on serious student misconduct, including bullying, unveiled by the Singaporean Ministry of
As evening falls in Fiji’s capital, a steady stream of people approaches a makeshift clinic that is a first line of defense against one of the world’s fastest-growing HIV epidemics. In the South Pacific nation — a popular tourist destination of just under a million people — more than 2,000 new HIV cases were recorded last year, a 26 percent increase from 2024. The government has declared an HIV outbreak and described it as a national crisis. “It’s spreading like wildfire,” said Siteri Dinawai, 46, who came to be tested. The Moonlight Clinic, a converted minibus parked in a suburban cul-de-sac in Suva, is
A MESSAGE: Japan’s participation in the Balikatan drills is a clear deterrence signal to China not to attack Taiwan while the US is busy in the Middle East, an analyst said The Japan Self-Defense Forces yesterday fired a Type 88 anti-ship missile during a joint maritime exercise with US, Australian and Philippine forces, hitting a decommissioned Philippine Navy ship in waters facing the disputed South China Sea, in drills that underscore Tokyo’s rising willingness to project military power on China’s doorstep. The drill took place as Manila and Tokyo began talks on a potential defense equipment transfer, made possible by Japan’s decision to scrap restrictions on military exports. The discussions include the possible early transfer of Abukuma-class destroyers and TC-90 aircraft to the Philippines, Japanese Minister of Defense Shinjiro Koizumi said. Philippine Secretary of
Separatists in Alberta are preparing to submit a petition tomorrow that they said has enough signatures to force a referendum on independence for the oil-rich Canadian province. Polls indicate the pro-independence camp remains a minority among Alberta’s 5 million people, but has hit a historic high of roughly 30 percent. Alberta separatists are also closer than ever to forcing a referendum, riding momentum fueled by intensifying grievances over Ottawa’s control of the provincial oil industry. They have also undeniably gotten a boost from the return to power of US President Donald Trump. After launching a petition in January, Stay Free Alberta, the group
RSS