In this Domigo (7), Japanese-minister, Shigero Ishiba, announced that he decided to resign. The decision was made to avoid a division within the Democratic Liberal Party.
With Ishiba in charge, the coalition has lost the majority in the elections to both houses of Parliament since it reached power last year, amid the indignation of voters with the increase in the cost of living. Party parliamentarians should decide on Monday by voting if there will be an extraordinary election for leadership. Ishiba continues in office until a successor is elected.
Last week, the Japanese government had just hit the final details of a trade agreement with the United States to reduce President Donald Trump’s punitive tariffs.
LDP parliamentarians should vote on Monday (8) if there will be an extraordinary election for leadership. The Ishiba government has completed the details of a trade agreement with the United States last week.
Japanese Prime Minister Shigero Ishiba resigned on Sunday, inaugurating an potentially long period of political uncertainty at an unstable moment for the fourth largest economy in the world.
Having just settled the final details of a trade agreement with the United States to reduce President Donald Trump’s punitive tariffs, Ishiba, 68, he told a press conference that he should take responsibility for a series of painful electoral defeats.
Since having arrived in power less than a year ago, the unlikely prime minister has led his ruling coalition to lose the majority in the elections for both parliament houses amidst the indignation of voters with the increase in cost of living.
He instructed his Liberal Democratic Party-who ruled Japan for almost the entire postwar period-to perform an emergency election for leadership, adding that he would continue in his duties until his successor was elected.
