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Free AccessPM Suga Not Looking To Dissolve Diet Before LDP Leadership Vote-Kyodo
Wires and social media quoting Japan's Kyodo News reporting that Prime Minister Yoshihide Suga will not seek to dissolve the House of Representatives - the lower house of the bicameral National Diet - before the September conference of the governing Liberal Democratic Party (LDP).
- Suga's term as head of the LDP expires at the conference - taking place in late September - and party grandees will decide on whether the incumbent retains the leadership and goes into the legislative elections as the party's PM candidate, or whether he is replaced.
- Kyodo also reporting that eight more prefectures will be placed under state of emergency measures due to the COVID-19 pandemic (Hokkaido, Miyagi, Gifu, Aichi, Mie, Shiga, Okayama and Hiroshima), in addition to the 12 already under the measures as well as the capital, Tokyo.
- Uncertainty persists over whether Suga will be reappointed as LDP head, with his approval ratings plummeting as COVID-19 cases rise. However, the potential saving grace for Suga is that there is not seen to be a clear challenger to the PM among the senior LDP ranks.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.