PM Ishiba’s resignation triggers Japan leadership race
Japanese Prime Minister Shigeru Ishiba said he would resign by entering the pressure of the ruling party to undertake a number of election losses.
Ishiba’s resignation will trigger a leadership race at the liberal Democratic Party and will face parliamentary votes to become the winner.
Since the ruling coalition has lost their majority in both parliamentary chambers, the LDP president will now have premiere.
There is a fine possibility that an opposition party leader will manage the world’s fourth largest economy.
Here is a list of MPs who can throw their hats into a ring:
Decision – Liberal Democratic Party (LDP)
Sanae Takaichi, 64
* If selected, Takaichi would be Japan’s first female prime minister
* A party veteran with various roles, including the Minister of Economic Security and Interior, lost to IShiba in 2024 in the LDP leadership race.
* Takaichi, known for conservative positions such as revising the post -war constitution
* Takaichi stands out for calls to increase expenditures to increase the vocal opposition against Japan’s interest rate increases and to increase the fragile economy.
Shinjiro Koizumi, 44
* Koizumi, the heir of a political dynasty with a hand when managing Japan for more than a century, will be the youngest prime minister of the modern age.
* Koizumi ran at the 2024 Party Leadership Race and presented himself as a reformist who can recover public trust to a scandalous party.
* Unlike Takaichi, who left the government after the defeat in this competition, Koizumi, who was trained by Columbia University, remained close to Ishiba as the Minister of Agriculture and made an attempt to raise the rice prices.
* As Minister of Environment, Koizumi asked Japan to get rid of nuclear reactors in 2019. That year he encountered a regiment that the climate policy should be “cool” and “sexy” that year.
* Very little is known about his views on economic policy, including Boj
Yoshimasa Hayashi, 64
* Hayashi has been the secretary of Japan, a very important job that includes being the best government spokesman under Premier Fumio Kishida and Ishiba since December 2023.
* He had various portfolios, including the Minister of Defense, Foreign Affairs and the Minister of Agriculture, was usually used as a compression kick following the resignation of an official.
* Hayashi, a fluent English speaker, studied at the Harvard Kennedy School and was a staff for US representative Stephen Neal and Senator William Roth JR.
* Hayashi ran for the LDP leadership race in 2012 and 2024, and over and over again to respect Boj’s monetary policy independence.
Opposition – Japan Constitutional Democratic Party
Yoshihiko noda, 68
* Former Prime Minister Noda is the leader of the biggest opposition group, the center of the left constitutional democrats.
* From 2011 to 2012, he worked with Premier, with LDP, he worked up to 10 percent to help to pushing the consumption tax to double the consumption tax of the law – he gained reputation as Mali Şahin (Tax for Most Products was increased to 10 percent in 2019)
* In July, Noda reversed in the upper home elections and called for a temporary deduction in consumption tax for foodstuffs and repeatedly called Boj’s great stimulus.
Opposition – Democratic Party for People
Yuichiro Tamaki, 56
* Tamaki’s Central-Health Party is one of the fastest growing in the last elections
* A former Ministry of Finance Bureaucrat founded the Democratic Party for the people in 2018 and advocates to increase the host wage of people by expanding tax exemptions and cutting consumption taxes
* Supports defense capabilities to increase more strict arrangements for foreigners’ land acquisition and to build more nuclear power plants
* Tamaki called on Boj to gradually cautiously cautiously, saying that the real wages should wait until they help to rotate positive and support consumption.
