Shigeru Ishiba Wins Japan PM Election in Runoff, 215-194

Sep 27, 2024, 04:39 AM

Japan's ruling Liberal Democratic Party (LDP) has elected Shigeru Ishiba as its new leader, making him the next Prime Minister of Japan. The leadership contest, which began after outgoing Prime Minister Fumio Kishida announced he would not seek another term, saw nine candidates, including economic security minister Sanae Takaichi, advance to a runoff vote. Ishiba, a former Defense Minister, won the final round by 215-194 votes. The election was closely watched by investors and political analysts, given its potential impact on Japan's policy direction and economic outlook. Kingmaker and former Prime Minister Aso's support for Takaichi had earlier shifted the odds in her favor, but Ishiba ultimately prevailed. This election was notable for the possibility of Japan getting its first female premier.