Public Administration News
Share
 |
Japan's Finmin Noda Wins Vote to Become Next PM |
| Source: |
old.news.yahoo.com |
| Source Date: |
Monday, August 29, 2011 |
| Focus: |
ICT for MDGs
|
| Country: |
Japan |
| Created: |
Aug 30, 2011 |
|
|
Finance Minister Yoshihiko Noda, a fiscal hawk, will become Japan's sixth prime minister in five years after winning a ruling party vote on Monday, an outcome likely to please investors worried about a bulging public debt. Noda, 54, who defeated Trade Minister Banri Kaieda in a run-off vote, must cope with a resurgent yen that threatens exports, forge a new energy policy while ending the worst nuclear crisis since Chernobyl, and find funds to rebuild from the March 11 tsunami at a time when huge public debt has already triggered a credit downgrade. Financial markets, political commentators and the Japanese public are skeptical whether the new leader will have the vision, determination and time to tackle those challenges.
|
|
|
|
|
|
 Tag This |
Japan's Finmin Noda Wins Vote to Become Next PM Finance Minister Yoshihiko Noda a fiscal hawk will become Japan's sixth prime minister in five years after winning a ruling party vote on Monday
 Tell A Friend |
|
 del.icio.us digg this Slashdot |
| Rate: |
0 ratings
|
Views: |
90 |
| Comments: |
0 |
Favorited: |
0 |
Bookmarked: |
0 |
Tagged: |
0 |
|
|
|
|