After Japan’s snap election, political uncertainty leads to weaker yen and stock gains • FRANCE 24
For the first time since 2009, Japan’s ruling coalition, led by the Liberal Democratic Party (LDP) of Prime Minister Shigeru Ishiba, has lost its majority. In this edition, we look at the role played by the cost-of-living crisis in the result and what this could mean for the Japanese economy going forward. The country’s central bank, the Bank of Japan, and its policy of hiking interest rates is coming under particular pressure.
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5 Comments
Epic!!
Japan is a country having not much natural resources, but still wants to antagonize Russia, who is NEARBY and RICH in natural resources. What could possibly go wrong?
Very bad…😢
Demographics in Japan threaten social entitlements.
Essentially, Japan is becoming poor… Not unlike France…