Economics

Japan’s PM Ishiba Backed Into Corner Ahead of Party Vote

Shigeru IshibaPhotographer: Kiyoshi Ota/Bloomberg

Embattled Japanese Prime Minister Shigeru Ishiba failed to quell calls for his resignation after the ruling party finalized a report on its recent election setback, leaving his fate with 150 or so lawmakers and regional representatives currently undecided on whether to effectively support his ousting.

The Liberal Democratic Party report largely focused blame for the recent election result on the party and its inflation counter measures rather than Ishiba himself, a conclusion that mirrors a recent favorable bump in opinion poll support for the prime minister. But the calls within the LDP for his resignation are continuing.