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Shigeru Ishiba, 67, Elected Japan's Next Prime Minister with 215-194 Vote

Sep 27, 2024, 06:47 AM

Former Defense Minister Shigeru Ishiba, 67, has been elected as the leader of Japan's ruling Liberal Democratic Party (LDP) in a runoff vote against Sanae Takaichi. Ishiba secured 215 votes to Takaichi's 194, ensuring his position as Japan's next prime minister. This victory marks Ishiba's fifth and final attempt to lead the LDP. Known for his plain-spoken opinions and strong interest in military affairs, Ishiba is set to succeed Fumio Kishida. The election result has had immediate effects on the financial markets, with the Japanese yen strengthening notably.