Japan Prime Minister Shigeru Ishiba to step down
Share this @internewscast.com

Japanese Prime Minister Shigeru Ishiba announced his resignation Sunday in order to avoid a split in the ruling Liberal Democratic Party.

His exit thrusts Japan, ranking as the world’s fourth largest economy and being a significant ally of the U.S., into new political uncertainty amidst soaring living costs, changes in rice policies, escalating regional tensions, and the consequences of U.S. tariffs on Japan’s economy.

Since taking office last year, Ishiba’s LDP-led coalition has lost its majority in the parliamentary elections for both chambers due to voter dissatisfaction over living expenses, including a historic defeat in the upper house elections in July.

He faced increasing pressure to step down, primarily from right-wing adversaries within his own party, which has been Japan’s ruling party for nearly the entire period following World War II.

Demands for an early leadership vote or Ishiba’s resignation intensified last week after a review of the upper house defeat in July by the LDP, urging a “complete overhaul” of the party.

His party were scheduled to vote Monday on holding an early leadership election, a virtual no-confidence motion against Ishiba if approved.

Last week, Ishiba wrapped up the specifics of a trade agreement with the U.S., where Japan committed to $550 billion in investments in exchange for reduced tariffs on its automotive sector.

Share this @internewscast.com
You May Also Like

Suspected Bank Robber Apprehended in Jasper County

JASPER COUNTY, S.C. – Authorities in Jasper County have apprehended a suspect…

Step Back in Time: Las Vegas to Unveil World’s First Retro Theme Park Experience

Las Vegas is set to welcome a unique theme park experience, RetroEscapes,…

Tampa City Council Set to Decide on Crucial ‘Early Works’ Phase for SoHo Flood Mitigation Project

In Tampa, Florida, the City Council is poised to decide on a…

Honoring a Legacy: Danville Soccer Pays Tribute to Beloved Athletic Director Gary Gritton

CHAMPAIGN, Ill. (WCIA) – While a regional semifinal win might not be…

Mother Confesses to ‘Death Wish’ Killing of Her Son

In a harrowing case from Grand Haven, Michigan, a mother has admitted…

Majority Disapproves White House East Wing Demolition: New Poll Reveals 53% Opposition

A recent survey reveals that most Americans are not in favor of…

USDA Reopens Field Offices, Bringing Much-Needed Support to Farmers

As the government shutdown persists, a glimmer of relief is emerging for…

Bail Determined for Suspect in Johnson City Waffle House Shooting Incident

WASHINGTON COUNTY, Tenn. (WJHL) — The individual accused of firing multiple shots…

Texas Parents Allegedly Abandon Child During Move

In Copperas Cove, Texas, a 12-year-old boy returned from school to a…

Colorado Cold Case Breakthrough: Missing Woman’s Remains Identified After 5 Years

DENVER (KDVR) — In a development that’s been awaited for seven long…

Florida Teacher Faces Backlash for Embracing Gender-Neutral ‘Mx.’ Prefix in Classroom

TALLAHASSEE, Fla. – Florida’s Attorney General, James Uthmeier, has taken aim at…

Grainger County Resident Faces $57,000 Repayment Following Social Security Overpayment Ruling

In Grainger County, Tennessee, a woman with disabilities has been hit with…