Sunday, July 29, 2007

Election in Japan

The Japanese people elect a new upper house of the parliament today. Although Prime Minister Shinzo Abe is not directly affected by this election, some say that a heavy defeat for his party may result in his resignation. I do not keep a very close look at Japanese politics, but I am aware that Shinzo Abe is not very popular. This is partly due to the fact that Japan's economy is not very good. Be that as it may, I would feel a little sorry for Shinzo Abe if he would have to resign, given that he has not been in office for a full year yet. You cannot expect him to have much impact on the economy or policy in such a short time. We will have to see what happens.

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