Tokyo Governor Shintaro Ishihara ’s claim that last month’s earthquake and tsunami were “divine punishment” sparked public outrage. It’s unlikely to prevent him winning a fourth term in elections this weekend.
Japan’s credit rating downgrade gives Prime Minister Naoto Kan an opportunity to push fiscal restructuring measures, such as raising the country’s sales tax, provided he can ward off attacks over his leadership abilities.
Yoshihiko Noda becomes Japan’s sixth leader in five years, seeking a consensus to raise taxes to pay for rebuilding from the March earthquake and nuclear disaster and reduce the world’s largest debt. He’s unlikely to get it.
Ichiro Ozawa, Japan’s most powerful politician, was recommended to face criminal charges over a finance scandal involving his aides, increasing pressure on Prime Minister Yukio Hatoyama to dismiss his former boss.
Japan’s Prime Minister Naoto Kan said he intends to win passage of three bills responding to the earthquake and nuclear crisis before stepping down, defining for the first time conditions for fulfilling his pledge to resign.
Voters in Japan’s Fukushima prefecture, home to Tokyo Electric Power Co.’s crippled nuclear power plant, re-elected a local mayor who vowed to rebuild a town evacuated after the March 11 earthquake and tsunami disaster, Jiji Press reported.
Japan’s Prime Minister-elect Naoto Kan appointed Yukio Edano as his party’s No. 2 official, further distancing himself from the political powerbroker whose funding scandals helped bring down the previous administration.