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Friday, 26 August 2011

Another Japanese PM steps down


Tokyo : Another Japnese Prime Minister quit on allegation of mishandling the tsunami and earth quake. The current counting to step down of Prime ministers is five in five years.

He said he will officially quit as prime minister after the ruling party votes to pick a new leader on Monday.

Japan has been plagued by high turnover in political leadership at a time when the country faces huge problems.

The country is suffering from an aging population, bulging debt and a stagnant economy - and now reconstruction from the worst disaster to hit the country since World War II.

Former Foreign Minister Seiji Maehara, a 49-year-old expert in defense and a China hawk, is expected to be the front-runner to replace Kan.
Finance Minister Yoshihiko Noda and Trade Minister Banri Kaieda are also seen as contenders.
The decision was widely expected because in June, Kan had promised to quit once lawmakers passed three key pieces of legislation, the final two of which cleared the parliament earlier today.
Kan managed to survive only a few months longer than the four previous prime ministers, who each lasted a year or less.

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