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NEWS ABOUT: Shinzo Abe

Looking for a Real Recession? Try Japan

Once-booming economy stumbles, yet people are 'indifferent'

(Newser) - While economists squabble over a possible US recession, Japan has quietly slipped into one. The country’s postwar riches have all but vanished, the Washington Post reports, as its GDP tumbles from fourth to twentieth among the world’s countries and its share of the world’s economy dips from... More »

Fukuda Steps In as Japan's PM

He bags easy victory in parliament vote

(Newser) - Lawmaker Yasuo Fukuda, the 71-year-old son of a former Japanese prime minister, has now taken the top job himself after winning a parliamentary election. The new leader of the dominant Liberal Democratic Party bagged 338 votes in the lower house, 100 votes more than the majority he needed, the BBC... More »

Fukuda to Be Japan's Next Prime Minister

Ruling party picks dovish moderate

(Newser) - Moderate lawmaker Yasuo Fukuda has beaten out hawkish former foreign minister Taro Aso in a ruling party vote for the leader of Japan's Liberal Democratic Party, paving the way for his appointment as prime minister.  Former PM Shinzo Abe vacated the post following a series of mistakes and scandals.... More »

New Japanese PM Likely to Be Less US-Centric

Party unites around dovish elder statesman Yasuo Fukuda

(Newser) - Japan's Liberal Democratic Party is set to choose its replacement for Shinzo Abe, who resigned suddenly last week, in voting Sunday. The winner will become prime minister Tuesday. Although early prognoses hyped hawk Taro Aso as the favorite, his close association with the outgoing PM has hurt him. Victory is... More »

Japanese PM Hospitalized as Party Scrambles for Successor

Abe suffers 'exhaustion' after resigning

(Newser) - Japanese PM Shinzo Abe is in a Tokyo hospital battling stress and exhaustion a day after announcing his resignation. Abe is expected to be hospitalized for at least three or four days, while his scandal-plagued party fields a replacement and calls for a general election escalate. In his surprise announcement,... More »

Same Party, New Face: Aso Likely to Step in as Japanese PM

Political 'blueblood' faces scandals, debt

(Newser) - Fellow party member  and Foreign Minister Taro Aso is emerging as the favored successor of resigned Japanese Prime Minister Shinzo Abe. If elected, Aso would face an economy saddled with the world's largest public debt, the stagnation of his own Liberal Democratic Party and the enmity of the main opposition... More »

Nikkei Falls After Abe Steps Down

Mining and energy stocks rise but can't stem tide

(Newser) - A jump in the price of copper boosted mining and energy stocks in Asia, but Japan's Nikkei index fell nonetheless after news hit of PM Shinzo Abe's resignation. Some investors say the change will be good for Japanese markets in the longer term, however. "Abe was an ineffective prime... More »

Japanese Prime Minister Resigns

Scandals shatter public support for controversial leader

(Newser) - Japanese Prime Minister Shinzo Abe has announced he'll resign today in the wake of several cabinet-level scandals and the suicide of  a top official that has destroyed public confidence in his administration. After taking power just last year, Abe's nationalist Liberal Democratic Party lost the upper house of parliament to... More »

Japanese PM Backtracks From Hints He'll Quit

Abe ignores calls for resignation, says he'll stay to enact reforms

(Newser) - Shinzo Abe has backed off his threat to quit if Japan yanks aid to US-led troops in Afghanistan. Many clamored for the beleaguered PM to step down after his party’s defeat in July elections, and Abe hinted yesterday that he'd walk away—a possible indication that he was looking... More »

Japanese PM Axes Minister, Clings to Job

Abe attempts to root out image of corruption as position remains tenuous

(Newser) - Embattled Japanese Prime Minister Shinzo Abe, whose party suffered a devastating election loss this past weekend, fired his scandal-ridden agriculture minister today in an effort to clean up his administration's image. But Abe still refuses to step down. "I take the results of the election seriously," he said.... More »

New Party in Japan Prompts US Anxiety

Election winners threaten to veto anti-terror measures

(Newser) - The ruling party’s losses in Japanese elections last week are causing worry in the White House and the Pentagon, says the Financial Times. An anti-terror measure that that has allowed Japanese ships to refuel American vessels is set to expire in November, and the Democratic Party of Japan is... More »

Japanese PM Refuses to Pack It In

After crushing defeat, Shinzo Abe holds on as political gridlock looms

(Newser) - Japanese Prime Minister Shinzo Abe will keep his job despite a humiliating defeat for his ruling party in Sunday's election, party officials said today. Only 10 months into his term, Abe and his Liberal Democratic Party lost their majority as voters reacted to a series of government scandals. Now government... More »

Japan Election Results Spell Big Trouble for PM

Party loses majority in upper house; Abe insists he won't resign

(Newser) - Shinzo Abe's scandal-plagued administration suffered a possible death blow today as his coalition lost its majority in the upper house of the Japanese parliament, but the beleaguered PM vowed to remain on the job. Although Abe's Liberal Democratic Party dominates the lower chamber, the opposition can stall legislation in the... More »

Pension Flub Could Doom Japanese PM

Government loses track of 64M checks, enraging voters

(Newser) - A pension scandal rocking Japan threatens to bring down the ruling party, and it could take PM Shinzo Abe with it. Sixty-four million pension payments—in a country of 130 million—have gone missing, and that's riling Japan's growing gray-haired population. The pensioners may pay Abe back with a vote... More »

Scandal-Plagued Japanese Minister Dead

Matsuoka's suicide is another blow to Abe government

(Newser) - Facing questioning in an investigation of political contributions, the Japanese agriculture minister hanged himself at his Tokyo home today. Toshikatsu Matsuoka had refused calls to resign or explain reports of financial improprieties, but embattled PM Shinzo Abe had stood by him. Abe faces a serious challenge to his Liberal Democratic... More »

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