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 Ancaps' Good News: Next Japanese PM won't last long--Survey

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Ancaps' Good News: Next Japanese PM won't last long--Survey Vide
PostSubject: Ancaps' Good News: Next Japanese PM won't last long--Survey   Ancaps' Good News: Next Japanese PM won't last long--Survey Icon_minitimeWed Aug 17, 2011 5:36 am
Japanese Finance Minister Yoshihiko Noda, a fiscal conservative, is financial markets' preferred choice among candidates to succeed unpopular Prime Minister Naoto Kan, but whoever takes over is unlikely to last more than a year in the job, a Reuters poll showed.

Mr Kan, who took office in June 2010 as Japan's fifth premier in as many years, has signalled that he will step down once parliament enacts key legislation, including a bill to allow the government to borrow more to fund this year's budget.

Parliament is expected to pass the pending bills next week and a ruling Democratic Party of Japan leadership election could be held as early as Aug 28, unless renewed bickering with the opposition causes delays.

The next prime minister must balance the need to fix Japan's tattered finances while rebuilding from the triple disasters of the March earthquake and tsunami and the nuclear crisis that ensued.

http://www.straitstimes.com/BreakingNews/Asia/Story/STIStory_703054.html
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