The Fort Worth Press - Japan PM Kishida, once a safe pair of hands, fumbles top job

USD -
AED 3.672504
AFN 64.503991
ALL 81.046102
AMD 360.780113
ANG 1.789785
AOA 917.000367
ARS 1523.143125
AUD 1.422273
AWG 1.8025
AZN 1.70397
BAM 1.745704
BBD 2.012675
BDT 123.586379
BGN 1.747831
BHD 0.377114
BIF 2995.403222
BMD 1
BND 1.277279
BOB 11.766859
BRL 4.965204
BSD 0.999331
BTN 94.818583
BWP 13.766234
BYN 2.934172
BYR 19600
BZD 2.009729
CAD 1.40025
CDF 2316.000362
CHF 0.825078
CLF 0.025294
CLP 995.510396
CNY 6.67805
CNH 6.670604
COP 3150.41
CRC 456.018209
CUC 1
CUP 23.982684
CVE 98.420137
CZK 21.719504
DJF 177.944392
DKK 6.67165
DOP 61.293346
DZD 134.335699
EGP 55.079216
ERN 15
ETB 162.538225
EUR 0.89267
FJD 2.237204
FKP 0.74735
GBP 0.747692
GEL 2.590391
GGP 0.74735
GHS 11.586558
GIP 0.74735
GMD 74.000355
GNF 8843.664926
GTQ 7.638684
GYD 209.291739
HKD 7.84235
HNL 26.828223
HRK 6.728204
HTG 130.968001
HUF 327.370388
IDR 18093.85
ILS 3.10555
IMP 0.74735
INR 94.945504
IQD 1514.883742
IRR 1832375.000352
ISK 121.780386
JEP 0.74735
JMD 158.593297
JOD 0.70904
JPY 156.860385
KES 129.754095
KGS 87.448604
KHR 4082.652742
KMF 439.503794
KPW 899.999961
KRW 1323.525039
KWD 0.31069
KYD 0.832775
KZT 453.715357
LAK 22486.722899
LBP 89486.053465
LKR 331.81595
LRD 170.375329
LSL 16.556076
LTL 2.95274
LVL 0.60489
LYD 6.399786
MAD 9.815504
MDL 18.037221
MGA 4519.123488
MKD 54.987281
MMK 2100.348965
MNT 3600.056668
MOP 8.073191
MRU 39.936627
MUR 47.160378
MVR 15.460378
MWK 1732.762083
MXN 18.668404
MYR 4.085304
MZN 63.903729
NAD 16.556076
NGN 1332.060377
NIO 36.774222
NOK 9.35739
NPR 151.709734
NZD 1.750854
OMR 0.38297
PAB 0.999241
PEN 3.431874
PGK 4.475387
PHP 63.618038
PKR 276.527424
PLN 3.92999
PYG 5779.443924
QAR 3.642612
RON 4.779804
RSD 105.321038
RUB 80.331771
RWF 1476.413621
SAR 3.751558
SBD 8.07458
SCR 13.982238
SDG 601.503676
SEK 9.931804
SGD 1.276904
SHP 0.7473
SLE 22.950371
SLL 20969.504398
SOS 571.07154
SRD 37.628038
STD 20697.981008
STN 21.868166
SVC 8.743696
SYP 13001.999685
SZL 16.555541
THB 33.770369
TJS 9.208462
TMT 3.51
TND 2.983978
TOP 2.40776
TRY 49.703804
TTD 6.789842
TWD 32.585804
TZS 2645.601821
UAH 45.239791
UGX 4402.195742
UYU 40.076762
UZS 11958.762887
VES 879.788904
VND 25842.5
VUV 118.928057
WST 2.764707
XAF 585.553409
XAG 0.018551
XAU 0.000250266221
XCD 2.70255
XCG 1.800955
XDR 0.707052
XOF 585.553409
XPF 106.448878
YER 236.103589
ZAR 16.57373
ZMK 9001.203584
ZMW 20.091043
ZWL 321.999592
SSP 5745.817056
MXV 2.106972
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Japan PM Kishida, once a safe pair of hands, fumbles top job
Japan PM Kishida, once a safe pair of hands, fumbles top job / Photo: © POOL/AFP

Japan PM Kishida, once a safe pair of hands, fumbles top job

Japan's Prime Minister Fumio Kishida was seen as a safe pair of hands when his party installed him three years ago, but he soon became a liability as scandals and inflation eroded his popularity.

Text size:

Kishida, 67, will step down next month after announcing on Wednesday he was pulling out of a contest for leadership of the ruling Liberal Democratic Party and ahead of a general election scheduled by October next year.

A father-of-three and keen baseball fan, Kishida is the scion of a Hiroshima political family and has a low-key presence sometimes taken for a lack of charisma.

Taking office in 2021, Kishida touted his listening skills and promised a fresh stimulus package to revive the virus-hit economy, now the fourth-largest in the world.

He vowed to tackle Japan's demographic crisis and promote a more equitable "new capitalism", but these policies remained vague, as did his plans to pay for them.

Seeking to reduce oil and gas imports, under Kishida Japan has steadily been bringing its nuclear power stations -- shut down after the 2011 Fukushima disaster -- back online.

Despite having a liberal reputation, Kishida was reticent on hot-button social issues such as gay marriage, although his government -- which has five female ministers -- passed new laws on the number of women in corporate boardrooms.

On foreign policy he won plaudits, siding decisively with Ukraine after Russia's invasion in 2022, welcoming President Volodymyr Zelensky to a G7 summit in Hiroshima -- Kishida's hometown -- and visiting Kyiv.

Kishida also promised to hike military spending in a move welcomed by the United States as it seeks to counter China, while once-frosty relations with South Korea also improved.

But his failure to get to grips with rising consumer prices and scandals involving his party and family translated into tumbling poll ratings for the LDP, which has run Japan almost uninterrupted for decades.

"Unless Mr Kishida stepped down, (LDP insiders believed that) the LDP would face big trouble at the next general election," said Yu Uchiyama, political science professor at the University of Tokyo.

"By changing the face of the party, the LDP wants to have a fresh image and leave an impression that the LDP has changed. Unless they do that, they believe that they will have a problem," Uchiyama said.

- Party scandals -

Last year leaked photos of his son partying at the prime minister's official residence forced Kishida to remove him as his secretary.

Kishida lost four ministers in three months in 2022 including the defence chief, both over alleged ties to the South Korean Unification Church.

The man accused of shooting dead former prime minister Shinzo Abe in July 2022 did so because he believed Abe was tied to the Church, which the attacker resented for personal reasons.

Kishida -- who last year escaped a pipe-bomb attack unscathed -- also ruffled feathers by organising a state funeral for Abe instead of a smaller ceremony.

But the biggest scandal was over millions of dollars in alleged kickbacks from LDP fundraising events, which Kishida promised to tackle "like a ball of fire".

Kishida pushed powerful factions within the LDP to disband, but this angered many party members, said Koichi Nakano, political science professor at Sophia University.

"He has failed to close ranks within the LDP," Nakano told AFP.

But he added: "For an LDP leader, staying in power for three years is longer than the average."

J.Barnes--TFWP