Japan, Ishiba and upper house
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Japan's upper house election on Sunday dealt a big blow to the ruling coalition and sets markets up for possible policy paralysis and a bigger fiscal deficit, much of which is already priced in, analysts said.
Exit polls suggest a major loss for the Liberal Democratic Party in parliamentary elections, but Prime Minister Shigeru Ishiba is vowing to stay on.
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ABP News on MSNJapan PM Ishiba’s Coalition Projected To Lose Upper House Amid ‘Japanese-First’ Party Rise, Trump Tariff ThreatJapanese PM Ishiba's coalition lost its upper house majority, compounding earlier lower house losses. The right-wing Sanseito party gained traction with its
Japan’s Prime Minister Shigeru Ishiba faces a critical test in Sunday’s upper house election. A loss could deepen political instability as his government struggles with rising prices, U.S. tariffs and voter dissatisfaction.