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Tuesday, September 14, 2010

Kan Defeats Ozawa In Leadership Election

小沢一郎

Naoto Kan easily defeated Ichiro Ozawa by 721 to 491 points in the Democratic Party of Japan (DPJ) leadership election today.

Naoto Kan Defeats Ozawa In Leadership Election

Ozawa                                             Kan

Prime Minister Kan won a small majority among DPJ party lawmakers and was a convincing winner among local DPJ politicians and party members.

Ozawa's alleged involvement in a political funding scandal was likely to have told with disgruntled party members.

Japan's economy is still stalled as the yen hit a new 15-year high against the dollar today. Kan favors a rise in Japan's consumption tax, presently set at 5%, to help curb a Greek-style debt crisis.

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