Japanese PM Shigeru Ishiba vows to stay on
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PM Ishiba's coalition was projected to have lost its majority in the upper house, a result that might push him to resign.
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The Manila Times on MSNIshiba remains in office after election setbackJapanese Prime Minister Shigeru Ishiba clung on Monday even after his coalition suffered what he called an “extremely regrettable” election result, as painful new US tariffs loom. In Sunday’s election,
Japanese voters headed to the polls on Sunday in a tightly contested election amid public frustration over rising prices and the imminent threat of US tariffs. The ruling Liberal Democratic Party (LDP) and its junior coalition partner Komeito need to secure a combined 50 seats to retain an overall majority in the upper house but the latest polling shows they might fall short.
TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba on Monday stressed the need to establish a common understanding among parties on the pros and cons of cutting the country's sales tax rate. Cutting the sales tax could increase household income temporarily,
Japanese Prime Minister Shigeru Ishiba will continue in office despite his party's election loss. He emphasised preventing a political vacuum and addressing issues like rising living costs, while planning to negotiate with the US on tariffs ahead of the August 1 deadline.
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Pending tariffs from America and a political deadlock are threatening Japan’s economic stability.
Primer ministro japonés, Shigeru Ishiba, seguirá para abordar desafíos como aranceles de EEUU pese a derrota electoral.