The Fort Worth Press - Japan PM decides to quit as opponents seek leadership election: reports

USD -
AED 3.672496
AFN 64.999906
ALL 79.173956
AMD 365.259984
ANG 1.789783
AOA 918.000328
ARS 1497.752097
AUD 1.404011
AWG 1.80125
AZN 1.703533
BAM 1.673104
BBD 2.01539
BDT 122.281202
BGN 1.696366
BHD 0.377268
BIF 2973.916317
BMD 1
BND 1.271932
BOB 11.542986
BRL 5.188397
BSD 1.000659
BTN 95.718306
BWP 13.434508
BYN 3.043612
BYR 19600
BZD 2.012524
CAD 1.37833
CDF 2272.999794
CHF 0.799101
CLF 0.023435
CLP 922.570392
CNY 6.72975
CNH 6.72438
COP 3063.16
CRC 453.402228
CUC 1
CUP 26.5
CVE 94.330261
CZK 20.647002
DJF 178.187838
DKK 6.400185
DOP 58.471778
DZD 132.807972
EGP 50.870472
ERN 15
ETB 163.449465
EUR 0.85613
FJD 2.19785
FKP 0.735015
GBP 0.73345
GEL 2.594452
GGP 0.735015
GHS 11.132356
GIP 0.735015
GMD 73.50124
GNF 8792.543704
GTQ 7.635945
GYD 209.26741
HKD 7.84308
HNL 26.831146
HRK 6.450699
HTG 130.914597
HUF 311.878498
IDR 17766.35
ILS 2.997651
IMP 0.735015
INR 95.71825
IQD 1310.845723
IRR 1374600.000041
ISK 121.590074
JEP 0.735015
JMD 158.313693
JOD 0.709034
JPY 158.750263
KES 129.410004
KGS 87.449104
KHR 4023.337582
KMF 421.999995
KPW 900.000294
KRW 1393.250241
KWD 0.30823
KYD 0.833925
KZT 456.002874
LAK 22541.886418
LBP 89608.575327
LKR 330.163782
LRD 181.619088
LSL 16.146032
LTL 2.95274
LVL 0.60489
LYD 6.337338
MAD 9.252116
MDL 17.181525
MGA 4276.542323
MKD 52.628652
MMK 2099.608389
MNT 3598.398104
MOP 8.084231
MRU 39.988023
MUR 46.810304
MVR 15.450516
MWK 1735.176615
MXN 16.955031
MYR 4.0452
MZN 63.89499
NAD 16.145824
NGN 1347.639951
NIO 36.828238
NOK 9.34833
NPR 153.148806
NZD 1.68046
OMR 0.384493
PAB 1.000654
PEN 3.350814
PGK 4.498929
PHP 61.737018
PKR 277.656585
PLN 3.695565
PYG 6025.116772
QAR 3.647726
RON 4.495499
RSD 100.427023
RUB 83.263534
RWF 1470.917848
SAR 3.756633
SBD 8.032258
SCR 13.808986
SDG 601.500427
SEK 9.48745
SGD 1.27179
SHP 0.740866
SLE 24.596888
SLL 20969.499227
SOS 571.883194
SRD 37.689735
STD 20697.981008
STN 20.959339
SVC 8.755908
SYP 13001.999906
SZL 16.142113
THB 32.847504
TJS 9.246023
TMT 3.5
TND 2.9105
TOP 2.40776
TRY 47.95449
TTD 6.781357
TWD 31.910499
TZS 2645.50298
UAH 44.634778
UGX 3722.127883
UYU 40.105225
UZS 11847.637787
VES 776.44435
VND 26102
VUV 118.216132
WST 2.729275
XAF 561.160206
XAG 0.014614
XAU 0.000221
XCD 2.70255
XCG 1.803429
XDR 0.707052
XOF 561.165007
XPF 102.02362
YER 237.075011
ZAR 16.118645
ZMK 9001.20062
ZMW 18.886955
ZWL 321.999592
  • CMSD

    -0.0200

    21.13

    -0.09%

  • RBGPF

    0.3500

    69.35

    +0.5%

  • RIO

    1.9400

    102.38

    +1.89%

  • NGG

    0.2400

    80.9

    +0.3%

  • RYCEF

    -0.1900

    20.41

    -0.93%

  • BCC

    -1.5600

    81.57

    -1.91%

  • CMSC

    -0.0184

    21.28

    -0.09%

  • GSK

    -0.7490

    52.131

    -1.44%

  • BCE

    0.0600

    23.76

    +0.25%

  • RELX

    0.4950

    35.595

    +1.39%

  • JRI

    0.0600

    12.44

    +0.48%

  • VOD

    -0.1400

    16.03

    -0.87%

  • BTI

    1.0250

    57.005

    +1.8%

  • BP

    1.5550

    45.285

    +3.43%

  • AZN

    0.1500

    165.1

    +0.09%

Japan PM decides to quit as opponents seek leadership election: reports
Japan PM decides to quit as opponents seek leadership election: reports / Photo: © POOL/AFP/File

Japan PM decides to quit as opponents seek leadership election: reports

Japan's Prime Minister Shigeru Ishiba has decided to step down, local media reported on Sunday, as members of his ruling party seek to hold a new leadership race following disastrous upper house elections.

Text size:

The decision comes less than a year after the 68-year-old took the helm of the long-dominant Liberal Democratic Party (LDP). He has since lost his majority in both houses of parliament.

Public broadcaster NHK said Ishiba made the decision to avoid a split in the party, while the Asahi Shimbun daily said he was unable to withstand the mounting calls for his resignation.

The farm minister and a former prime minister reportedly met with Ishiba on Saturday night to urge him to resign voluntarily.

Ishiba is expected to announce his intention to quit at a news conference later in the day, NHK said.

Last week, four senior LDP officials including the party's number two Hiroshi Moriyama offered to resign.

Opponents of Ishiba had been calling on him to step down to take responsibility for the election results, following the upper chamber vote in July.

Those backing the move included 84-year-old influential former prime minister Taro Aso, according to local media.

But some other veteran members urged caution, saying the LDP's old-style politics was undermining its credibility.

LDP lawmakers and regional officials across Japan who want a new leadership election will submit a request on Monday.

The leadership race will be held if the required majority is reached.

Ishiba's term as party leader was supposed to end in September 2027.

His most prominent rival Sanae Takaichi, seen as a hardline nationalist, all but said on Tuesday that she would seek a contest.

But recent opinion polls suggested rebounding support for Ishiba's cabinet, following tariff deals with the United States and the government's decision to reverse current rice policy to increase production.

Voters are less than keen on the hawkish Takaichi, runner-up in the last leadership election in 2024.

A Nikkei survey held at the end of August put Takaichi as the most "fitting" successor to Ishiba, followed by farm minister Shinjiro Koizumi, but 52 percent of respondents said a leadership contest was unnecessary.

After the election, social media users called for the moderate Ishiba to remain in power under the hashtag "#Ishiba Don't quit".

The LDP has governed almost continuously since 1955, but voters have been deserting the party, including towards fringe groups like the populist Sanseito.

Factors include rising prices, notably for rice, falling living standards, and anger at corruption scandals within the LDP.

Diligent career politician Ishiba was elected LDP leader last year on his fifth attempt, promising a "new Japan".

F.Carrillo--TFWP