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Japanese prime minister announces resignation
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Candidate
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| Contributor | DFWDem |
| Last Edited | DFWDem Sep 01, 2008 08:51am |
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| Category | General |
| Media | Website - Yahoo News |
| News Date | Monday, September 1, 2008 02:50:00 PM UTC0:0 |
| Description | TOKYO - Japan's chronically unpopular prime minister, Yasuo Fukuda, suddenly announced his resignation after less than a year in office Monday, throwing the world's second-largest economy into political confusion.
Fukuda, in a hastily arranged evening news conference, said he was stepping down to avoid a "political vacuum" as the deeply troubled government heads into a special parliamentary session later in the month.
The 72-year-old leader made the announcement just days after unveiling $18 billion in fresh spending to shore up the flagging economy. Inflation has spiked to its highest in nearly 11 years, hurting consumer spending. |
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