1 October 2024
With bulging in-tray, Ishiba becomes Japan PM
Shigeru Ishiba, 67, has been appointed as Japan’s new prime minister. He plans to call a general election for October 27. Ishiba aims to address Japan’s economic challenges, demographic crisis, and regional security concerns. His cabinet appointments are expected soon. Markets have reacted cautiously to his economic policies. Ishiba supports increased defense spending and stronger international alliances to counter regional threats, particularly from China and Russia.READ FULL