Abe's allies poised to win Japanese vote
- 11 years ago
ROUGH CUT - NO REPORTER NARRATION
Voting closed in Japan's upper house election on Sunday (July 21), with Prime Minister Shinzo Abe's bloc looking set for a victory.
Exit pollls predicted a majority for Abe's ruling Liberal Democratic Party (LDP) and coalition ally New Komeito in the 242-member upper house. This would give the hawkish leader a mandate for his recipe to revive the economy, while ending a political deadlock and setting the stage for Japan's first stable government since 2006.
Abe, who returned to power after his Liberal Democratic Party-led coalition's big win in a December lower house poll, has said he will stay focused on fixing the economy with his "Abenomics" mix of hyper-easy monetary policy, fiscal spending and structural reforms.
But some business leaders and others with a stake in Japan's revival worry that Abe will weaken his resolve for reform in the face of a resurgent LDP, or shift to focus on the conservative agenda that has long been
Voting closed in Japan's upper house election on Sunday (July 21), with Prime Minister Shinzo Abe's bloc looking set for a victory.
Exit pollls predicted a majority for Abe's ruling Liberal Democratic Party (LDP) and coalition ally New Komeito in the 242-member upper house. This would give the hawkish leader a mandate for his recipe to revive the economy, while ending a political deadlock and setting the stage for Japan's first stable government since 2006.
Abe, who returned to power after his Liberal Democratic Party-led coalition's big win in a December lower house poll, has said he will stay focused on fixing the economy with his "Abenomics" mix of hyper-easy monetary policy, fiscal spending and structural reforms.
But some business leaders and others with a stake in Japan's revival worry that Abe will weaken his resolve for reform in the face of a resurgent LDP, or shift to focus on the conservative agenda that has long been