 Listen Now!
(2:25 Minutes)
Additional Features | |
Published on Tuesday, September 02, 2008
By LA Daily News Staff Writer
TOKYO - Japan's chronically unpopular prime minister abruptly resigned Monday after a yearlong struggle with a deadlocked parliament, leaving the weakened ruling party to grapple with a stalled economy and with rising calls for snap elections.
The resignation of Yasuo Fukuda, 72, deepened a two-year stretch of political instability at the helm of the world's second-largest economy. It came only days after the government announced a stimulus package to counter flagging consumer spending.
Fukuda, who took office just under a year ago, said he was clearing the decks for a more popular successor to take over ahead of a tough special session in the parliament, where the ruling party controls the lower house and the opposition dominates the upper
Read Full Article...
|
RSS
