Japan’s Economy Minister, Akira Amari, has resigned due to bribery allegations. As the head of “Abenomics,” this is a major blow to PM Shinzo Abe’s strategy to revive the country’s declining economy.
Japan's farm minister resigned on Monday amid questions over his political fundraising, stepping down at a time the government is tackling issues such as agriculture reform and talks on a broad Pacific trade agreement.
Japanese Prime Minister Shinzo Abe's ruling coalition cruised to a big election win on Sunday, but feeble turnout could weaken his claim of a mandate for policies including reflationary steps to revive the economy.
Japan's main opposition party, its image still tarnished two years after losing power, isn't even pretending to have a shot at ousting Prime Minister Shinzo Abe's coalition in a Dec. 14 election. It does hope to give him a black eye, though.
