Isnin, 17 Disember 2012

Japan Election: Shinzo Abe Returns To Power

"We must strengthen our alliance with the US.." Abe said

Conservative Shinzo Abe wins a landslide election with his hawkish foreign policy and radical economic agenda. Mr Abe, 58 -  has already served as Prime Minister for a year between 2006 and 2007.

Fixing Japan's economy will be the biggest domestic challenge for the incoming government. Mr Abe's policy is for 'unlimited' monetary easing and big spending on public projects.

Japan could be about to enter its fourth recession since 2000 and has a public debt twice the size of its Gross Domestic Product (GDP).

Mr Abe's party also has a pro-nuclear energy policy despite last year's disaster at the Fukushima nuclear power station.

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