Japan, Ishiba
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Japanese Premier Shigeru Ishiba pledges to stay in power amid internal party pressure following significant losses in the upper house elections. Facing criticism, he aims to handle crucial issues like U.
Japanese bond markets, closed on July 21 for a holiday, could be an early casualty as younger voters demand cuts in taxes they see funneling to seniors. “The anger of younger generations” is directed “at a ‘silver democracy’ that has often seemed closed to them,” says Tobias Harris, founder of consultant Japan Foresight.
Japan’s political landscape could be on the brink of major upheaval after exit polls showed Prime Minister Shigeru Ishiba’s ruling coalition likely lost its majority in the country’s upper house following a key national election Sunday.
Japanese Prime Minister Shigeru Ishiba vowed to stay in his post after his ruling bloc was projected to lose its majority in the country’s upper house of parliament.
Japan's ruling coalition, led by Prime Minister Shigeru Ishiba, lost its majority in the upper house, intensifying political uncertainty amid economic woes and rising populism. Voters expressed frustration over stagnant wages,
Anti-establishment parties focused on wages, immigration and an unresponsive political elite struck a chord with working-age people in Japan.
Sanseitō, an ultranationalist populist party, gained in Japan’s elections after framing immigration as a central issue.
FILE - Incumbent Tokyo Gov. Yuriko Koike celebrates after she was elected for Tokyo's gubernatorial election in Tokyo, Sunday, July 7, 2024. Multiple women competing for a top political office is still rare in Japan, but Koike’s win highlights a gradual rise in powerful female officials and a society more open to gender balance in politics.
President Donald Trump has announced a trade framework with Japan, placing a 15% tax on goods imported from that nation