25 Burst results for "Fumio Kishida"
Bloomberg Radio New York
"fumio kishida" Discussed on Bloomberg Radio New York
"Hi everybody, our three of the program nice to have you with us here on Bloomberg daybreak Asia, just seeing some new markets opening up here in the China futures in Singapore as well. An otherwise pretty tough day. I'm Brian Curtis in Hong Kong let's get right over to the prisoner Doug. Hey Brian, you mentioned markets coming online now. Yes, let's begin in Singapore where the straits times is up just four tenths of 1%. It's a standout because we're seeing a lot of declines in the region and the market in Taiwan coming online, tye X is a weaker buyer around let's call it two tenths of 1%. The read on fourth quarter GDP for the Singaporean economy was a little above forecast two one, a check that below forecast, the street was looking for two, three. So on that measure a miss, but as I mentioned, the equity market in the line city is showing some positivity. A lot of weakness in the Japanese equity market right now with the nikkei down about 8 tenths of 1%. We've been on the back foot through the entire day. We'll have the news on who could become the next BOJ governor momentarily the end weaker here, one 31 70 and within the equity market in Japan its information technology, materials and healthcare leading the way lower. Going to be a very important week for U.S. inflation data, CPI on Tuesday, PPI on Thursday. It was on Friday that the government upwardly revised the CPI figure, and that was enough to push treasury yields up. We're somewhat stable now in the Tokyo session with a ten year at three 73, a two year down, a little more than a basis point to four 50. Right now in Seoul, we've got the Cosby down about let's call it a half of 1% and in Sydney, the ASX 200 weaker by around two tenths of 1%. We'll get markets underway in Tokyo or check that in Hong Kong and on the Chinese mainland at the bottom of the hour and we'll be talking more about markets in 15 minutes, right? Doug too, the BOJ story that you alluded to now, Japanese prime minister fumio kishida seems to be to have chosen an outsider as the next governor of the bank of Japan. We're told economist and former BOJ board member kazuo ueda is said to be nominated tomorrow. Earlier, the Nike had reported that the leading candidate deputy governor masy amamiya had refused to take the post. Here's Bloomberg's Kathleen Hayes. Right now you kind of have to guess. Is he going to be more hawkish as that why he's taking over instead of someone else? Or is he going to be dovish? When he was approached by reporters, just in the last couple of days, he said the current policy is appropriate. I mean, you know, on monetary easing needs to be continued at this point. He is also said policy of you should be done at some point. He also has said recently in an article that the DoJ is far from achieving 2% inflation that sustainable and rate hike to avoid a week again would just lead the economic deterioration. The end initially rose to the strong side of one 30 against the greenback on media reports of ueda's selection. Markets viewed him as more hawkish than amamiya, but those gains were trimmed after hue said the BOJ stimulus should stay in place at the moment we see dollar yen at one 31 73. Well, there's a lot for markets to digest in the coming weeks. We heard there from Doug Krishna, including this latest reading on U.S. inflation. Let's get the story from Bloomberg, Susanna Palmer. The consumer price index comes out on Tuesday with economists predicting the prices of goods and services likely rose last month, a development that would point to Federal Reserve policy makers needing to do more to lower inflation. Economists surveyed by Bloomberg are forecasting the CPI will have increased by a half
Northwest Newsradio
"fumio kishida" Discussed on Northwest Newsradio
"Yourself to be social, schedule lunch with a friend, even if you don't feel like it, these interactions may help lift your mood. Steve mccarran, come on in. Japan looks into a new population push. ABC's Anthony trotter reports from Tokyo. Japan's leader vows to create a children first economy to combat his nation's shrinking population, Japan is currently the world's third biggest economy despite its declining births and rise in life expectancy. Prime minister fumio kishida says more babies are needed to keep the country afloat previous efforts to get Japanese to have more kids such as child care subsidies have had limited success. The nation's population has been steadily falling amidst high costs in stagnant wages, prime minister kishida also seeks to build up the nation's military in light of an increasingly assertive China and inimical North Korea, marking a reversal in the country's pacifist post war past critics questioned just how the government will manage to pull off the lofty and expensive military build up while at the same time reversing the nation's decade long population decline Anthony trotter ABC News Tokyo. And that takes us to two 20, which means it's time for an update on our money news. Our stock charts dot com money update with Jim chesko. I met a slew of corporate earnings, stocks finished today's session mixed. The Dow Jones Industrial Average tacked on 104 points. But the S&P 500 and NASDAQ composite slipped three and 30, respectively. Shares of 3M skidded 6.2%, the maker of scotch tape and posted notes reported a slowdown in sales and announced plans to cut 2500 jobs. After the closed software giant Microsoft posted quarterly earnings that were down 12% from a year earlier, but slightly topped expectations. Revenue edged up 2% as its cloud segment continues to grow. Investors are giving thumbs up to results, Microsoft shares are up 4% in after hours trading. That's your money now. On
WCPT 820
"fumio kishida" Discussed on WCPT 820
"Science confirms ExxonMobil was fully aware of the link between fossil fuel emissions and global heating, but spent decades refuting and obscuring the science in order to make maximum profit. The report finds Exxon as early as the 70s, predicted with breathtaking accuracy. The disastrous climate path that is now wreaking havoc across the globe. South Korean president June has said his country could build its own nuclear arsenal or ask for U.S. troops to redeploy if the nuclear threat from North Korea increases. It's the first time a South Korean leader raised such a prospect since the U.S. withdrew its nuclear arms from the south in 1991. The international campaign to abolish nuclear weapons said in response quote suggestions that rejecting agreed international law and norms to develop nuclear weapons are outrageous and must be globally condemned, adding more nuclear weapons into an already tense region is like pouring oil onto a grease fire, they said. Meanwhile, President Biden's meeting with Japanese prime minister fumio kishida at The White House today is the two nations reinforce their military cooperation in an effort to counter China's strength. Japan recently revised its long-standing pacifist position building up its military capabilities amidst increasing regional tensions, including expanding its military base near Taiwan. China again warned this week against international interference and the issue of Taiwanese independence. A warning to our audience, the following story contains graphic footage and descriptions of police violence. The Los Angeles Police department is released video showing the violent arrest of Kenan Anderson, a 31 year old black school teacher and father who died just hours after his encounter with police January 3rd. The video shows officers tackling Anderson to the pavement in the middle of an intersection as he begged for his life saying they're trying to George Floyd
Monocle 24: The Briefing
"fumio kishida" Discussed on Monocle 24: The Briefing
"Over the weekend Beijing recorded three deaths from COVID-19, its first fatalities from the disease in 6 months, officials have called for residents to avoid non imperative travel. Over 40 people have died after an earthquake shook Indonesia's main island of Java, more than 700 were injured and dozens of buildings were damaged, including an Islamic boarding school, a hospital and other public facilities. The magnitude 5.6 quake was centered close to the town of chanji in west Java province at the depth of over 6 miles. The former chief executive of Walt Disney is returning as CEO less than a year after he retired. Disney says bob Iger is being reinstated as CEO for two more years. It comes as the company posted lower than expected results for its fiscal fourth quarter. Those the day's headlines, back to Tom. Thanks, Emma. Now, Japan has got a new internal affairs minister takei matsumoto, a former foreign minister, succeeds at minero torada in the post. Torada resigned yesterday over a scandal involving party funding. The third cabinet member to leave in less than a month. Something that's been seen as a significant blow to prime minister fumio kishida. What for more, I'm joined now by Monica's Tokyo bureau chief and senior Asia editor Fiona Wilson, good evening to you, Fiona. Great to have you with us. Yeah, I don't know. We got a characterized. This is a bit of a problem. Isn't it, because you don't? Yeah, I mean, it's becoming even more of a problem. You're absolutely right. I mean, he's lost three cabinet ministers in under a month. That's not great. And yeah, the latest one to resign. And I think the other thing is they're all allies of kiss he does. So it's looking it looks bad. It looks like he can't appoint people properly, which is what the opposition is playing on. Yeah, minoru minoru terada. He had to resign. There's been an ongoing discussion about his political funding. He was putting in inaccurate reports. I mean, he was even, you know, his local support group had put in the name of the accountant. It was someone who'd actually died. So none of it looks good for terada, but it looks even worse for kishida. Well, yeah, and whilst it's probably not rivaling cabinet machinations here in the UK in terms of the sort of ministerial roundabout. It's clearly a problem and as you say, in particular, the fact that these are allies, is there a threat, I don't know if you're into the sort of day to day facility with which case you can continue to sort of run his administration. Yeah, I think so. I mean, the polls are looking pretty bad for him. I saw one in the, which is one of the biggest papers in Japan. 43% of people asked hope that kishida will quit. So it's looking bad for him. This is a cabinet that was formed in August. It's not an old cabinet. He did a big reshuffle in August. Promised experience and no problem with all the challenges we can take them on. And it's just got sort of gone from bad to worse. Different scandals, but it just really builds up to saying, can kishida manage the real problems that Japan faces never mind these scandal ridden ministers can he deal with the cost of living crisis. This ongoing discussion about the unification church, which has been going on since the assassination of Shinzo Abe. So it's really looking quite dicey, I think, for kishida at the moment. Well, yeah, and I mentioned there are a couple of these big problems. Obviously, economics, which is a bit of a global narrative. The dreadful assassination of Abe. And because she does approval ratings kind of have sunk pretty much since then, while some of those things are obviously without his control, the aftermath of that dreadful Abe assassination being one of them. Other things are within his gift, or one imagines the people will expect that they are. What can he actually do to turn things around? Or does he have to try and navigate these choppy economic waters with whatever degree of facility he can demonstrate? Yeah, I mean, it's a good point. So I think one of the big criticisms is that he's been hiring his friends. And people are saying these are not experienced enough these people. They shouldn't have been given cabinet jobs. All first timers as ministers, these three, and many people felt they weren't suitable. And, you know, the opposition's just been grinding away the press is on the case. So really, it's been a bit relentless. And I think it is a big distraction for kishida. And I think also a lot of people felt he was being quite indecisive, even though tirade, this has been an ongoing issue. He should have gone last week, really. Instead of which kishida didn't act, didn't act, he's been in Southeast Asia, you know, he's been ASEAN meetings, G 20 apec meeting, and then events kind of overtook. And he did get the resignation on a resignation as it's being called the dismissal on Sunday, but it was seen as too little too late. So I think he is personally being seen as quite weak and indecisive. Well, I guess let's just talk very briefly about the new broom, take matsumoto. I mean, I guess a little bit more experience, I think, had served as maybe first foreign minister before. So certainly has a bit more experience a little more of a sort of an older head, a wise addition potentially. Do we know what kind of ministerial style he'll bring to the post? Yeah, I mean, he's been a former foreign minister, matsumoto. So he certainly experienced. I think the danger at the moment is people are scrutinizing so closely now that the merest hint of the scandal and the papers will be on to it. I think people are sensing that the kishida kapanen is in trouble. So he looks like a safe pair of hands at the moment. But I'm hearing about other cabinet ministers potentially with other scandals looming. So who knows if this is the end of the story yet? Fiona, I sense we'll have to check in with you again soon. It could be another move on that ministerial merry go round that I mentioned, but for now thanks for making sense of it. For us, that was our Fiona Wilson in Tokyo. You're listening to the briefing on monocle 24. Keen
AP News Radio
Southeast Asia leaders kick off ASEAN summit in Cambodia
"The U.S. Japan and South Korea have found a unified response to North Korea's nuclear and ballistic missile program as the leaders met on the sidelines of the East Asia summit in Cambodia President Joe Biden met separately with Japanese prime minister fumio kishida and South Korean president Yun sui before all three sat down together to discuss North Korea Biden declared that the three way partnership is even more important than its ever been when North Korea is stepping up its provocations both Yun and kishida discussed the ongoing displays of aggression by North Korea which has fired dozens of missiles in recent weeks I'm Karen Chammas
AP News Radio
North Korea launches ICBM that apparently failed and 2 short-range missiles
"North Korea has fired an intercontinental missile above Japan's eastern waters Alarms blared from public cloud speakers as Japanese fishermen rushed back to shore in northern Japan North Korea's latest test is one of a barrage of weapons demonstrations that many believe will lead to a nuclear test soon The ballistic missiles test which was followed by two short arranged missiles was condemned by the north's neighbors including a strong statement by Japanese prime minister fumio kishida The continuous launch of ballistic missiles is outrageous and absolutely intolerable The Biden administration has worn North Korea against
Bloomberg Radio New York
"fumio kishida" Discussed on Bloomberg Radio New York
"And the markets. Elon Musk is said to have completed his $44 billion acquisition of Twitter. Among the first moves that he's made is changing the management team, among others, the CEO, CFO, and general counsel have departed. In earnings news, Amazon gave a weak sales forecast and the stock was slammed 12% in after hours. Amazon has been dealing with a pullback in consumer spending. As a result, revenue from the prior quarter also missed projections, operating expenses jumped nearly 18%. And Apple delivered just enough good news in its report to avoid the fate of most other tech giants, iPhones and services were softer than expected last quarter, but apple's revenue and profit both topped analyst estimates. Here's Bloomberg's Mark gurman. So the iPhone S was about $400 million, the service is missed just about $800 million. So we're not talking crater of an issue here, right? But investors and analysts always looking for more, right? But I think all things considered given what we've seen from meta from Google from Amazon earlier today. This is a pretty remarkable report. They've clearly dodged a tech route here. Apple traded slightly higher in after hours. The Japanese government has announced a new stimulus package, prime minister fumio kishida says that this could run to $490 billion. And a new amchem survey in China says the Shanghai lockdown scarred American firms confidence. Only 30% of companies say they increased investment this year that's down from 38%. Briefly in the markets, the index down 7 tenths of a percent the nikkei down four tenths of 1%. Global news, 24 hours a day, live and at Bloomberg quick take brought to you by 2700 journalists and analysts. In a 120 countries, in Hong Kong, I'm Brian Curtis. This is Bloomberg
Bloomberg Radio New York
"fumio kishida" Discussed on Bloomberg Radio New York
"Invest $20 billion over the next decade during a visit by president Joe Biden to the company's campus in Poughkeepsie, New York, President Biden will also be in New Jersey today for a democratic fundraiser. Yesterday, President Biden was in Florida. The president laid out some of the benefits available to storm victims who lost property during hurricane Ian. If you don't have insurance, or if you're underinsured and you found a place to rent or your car has been destroyed, you're entitled, maybe entitled up to $37,900 in federal funds. Biden received a warm welcome from Florida governor Ron DeSantis. New York City council members are proposing housing asylum seekers and hotels and churches. The ideas from last night's council meeting come after mayor Eric Adams now wants to house migrants in a tent city at Randall's island. Mere Adams scrapped the original idea of having the migrant relief center in Orchard beach after opposition from both sides of the debate. However, critics say the new Randall's island location will still have the same problems, including access for migrants to get jobs, healthcare, and schools. More than 30 people primarily children were killed today when a gunman opened fire in a child care center in northeastern Thailand. Authorities say the gunman took his own life. North Korea has launched two ballistic missiles into its eastern waters after the U.S. redeployed an aircraft carrier in response to the north's earlier launch of a nuclear capable missile over Japan. Japanese prime minister fumio kishida said the North Korean action was absolutely intolerable. Today's launches came as the U.S. aircraft carrier USS Ronald Reagan returned to waters east to South Korea. Meanwhile, Tuesday's launches were North Korea 6 round of weapons test in less than two weeks that has been condemned by the U.S. and other countries. Secretary of saint Anthony blinken spoke to reporters concerning Tuesday's missile launches. We are taking appropriate defense and deterrent steps with allies and partners. We called for UN Security Council meeting, and we're consulting with our partners on next steps. But I also want to make very clear that our commitment to the defense of our allies and partners Korea and Japan is ironclad. Secretary blinken. Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts more than a 120 countries and Michael Barr, this is Bloomberg, Nathan. Thanks,
WNYC 93.9 FM
"fumio kishida" Discussed on WNYC 93.9 FM
"So this alert warned residents that North Korea had launched a missile and people needed to shelter in a solid building. It's not clear why the alarm was sounded in Tokyo because the missile's flight path was much further north. On the other hand, another alert sounded some ten minutes later and told people that the missile had already passed. So residents didn't really have much time to react anyway. Okay, a few frightening minutes in Japan, and of course a symbolic act by North Korea, how do the countries around North Korea respond to this now? Japan's prime minister fumio kishida called the launch outrageous. He said Japan lease Japan strongly protests it. Japan's government suggested they could have shot the missile down, but they didn't because it didn't threaten to do much damage. South Korea's president Yun son y'all pledged a resolute response and in a hint of household in Washington are upping the anti in planning more muscular responses as South Korean warplane accompanied by U.S. jets dropped precision bombs on an uninhabited island in the yellow sea to show that they could just take out the source of any provocation. Wow. So a symbolic response to this symbolic attack of sorts. Why is all this happening now? Well, we're seeing a lot of things that have not happened in 5 years. The first North Korean missile to fly over Japan. The first U.S. aircraft carrier to dock in South Korea and the first joint naval drills involving the U.S., Japan, and South Korea, all for the first time since 2017. Back then, 5 years ago, you had this nuclear brinkmanship between then president Trump and Kim Jong-un. Then we had two years of summits, 2018 and 29 in attempt to find a diplomatic solution, but those have stalled and Pyongyang is now saying it will not bargain away its nukes. Meanwhile, in South Korea, after 5 years of an administration focused on diplomatic engagement with Pyongyang, since May we've had a new administration focused on deterring it. The concern is that we are headed for cycles of escalation and counter escalation, including more intercontinental ballistic missile and nuclear tests by North Korea
AP News
"fumio kishida" Discussed on AP News
"I don't have the authority to say that we're going to, you know, state roe V wade as the law of the land. And the way we do that is through an election in the United States Congress and for those angered by the Supreme Court ruling that ended a constitutional right to abortion. She protested because keep making your point. It's critically important. I'm Ben Thomas, AP news. Japanese citizens vote in a parliamentary election days after the assassination of former prime minister Shinzo Abe. Exit polls show the governing liberal Democratic Party certain to win a majority victory, possibly propelled by a wave of sympathy votes for Abe's ruling party. This is a major boost for prime minister fumio kishida, who led a minute silence for Abe at the parties headquarters before announcing the winning candidates. Abe was shot while campaigning in Nara on Friday and died of blood loss and hospital later that day. Shocking a country which prides itself for its safety, Sunday's election had a new meaning with all political leaders emphasizing the importance of free speech and democracy, I'm Naomi Shannon, Japanese citizens vote in a parliamentary election, days after the assassination of former prime minister Shinzo Abe. Exit polls show the governing liberal Democratic Party certain to win a majority victory, possibly propelled by a wave of sympathy votes for Abe's ruling party. This is a major boost for prime minister fumio kishida, who led a minute silence for Abe at the parties headquarters before announcing the winning candidates. Abe was shot while campaigning in Nara on Friday and died of blood loss and hospital later that day, shocking a country which prides itself for its safety. Sunday's election had a new meaning with all political leaders emphasizing the importance of free speech and democracy, I'm Naomi Shannon The highland park, Illinois community, where 7 people were killed by a shooter at a July 4th parade, say their final goodbyes to their loved ones. On Saturday, Eduardo Duval was buried on what would have been his 70th birthday among those attending governor J B pritzker. He was remembered as a loving father and grandfather, a day
AP News
"fumio kishida" Discussed on AP News
"President, I don't have the authority to say that we're going to state roe V wade as the law of the land. The way we do that is to an election in the United States Congress and for those angered by the Supreme Court ruling that ended a constitutional right to abortion. She protested because keep making your point. It's critically important. I'm Ben Thomas, AP news. Japanese citizens vote in a parliamentary election days after the assassination of former prime minister Shinzo Abe. Exit polls show the governing liberal Democratic Party certain to win a majority victory, possibly propelled by a wave of sympathy votes for Abe's ruling party. This is a major boost for prime minister fumio kishida, who led a minute silence for Abe at the party's headquarters before announcing the winning candidates. Abe was shot while campaigning in Nara on Friday and died of blood loss and hospital later that day. Shocking a country which prides itself for its safety, Sunday's election had a new meaning with all political leaders emphasizing the importance of free speech and democracy, I'm Naomi Shannon, Japanese citizens vote in a parliamentary election, days after the assassination of former prime minister Shinzo Abe. Exit polls show the governing liberal Democratic Party certain to win a majority victory, possibly propelled by a wave of sympathy votes for Abe's ruling party. This is a major boost for prime minister fumio kishida, who led a minute silence for Abe at the parties headquarters before announcing the winning candidates. Abe was shot while campaigning in Nara on Friday and died of blood loss and hospital later that day. Shocking a country which prides itself for its safety, Sunday's election had a new meaning with all political leaders emphasizing the importance of free speech and democracy, I'm Naomi Shannon. The highland park, Illinois community, where 7 people were killed by a shooter at a July 4th parade, say their final goodbyes to their loved ones. On Saturday Eduardo was buried on what would have been his 70th birthday among those attending governor J B pritzker. He was remembered as a loving father and grandfather, a
AP News
"fumio kishida" Discussed on AP News
"Authority to say that we're going to, you know, state roe V wade as the law of the land. And the way we do that is to an election in the United States Congress and for those angered by the Supreme Court ruling that ended a constitutional right to abortion. She protested because keep making your point. It's critically important. I'm Ben Thomas, AP news. Japanese citizens vote in a parliamentary election days after the assassination of former prime minister Shinzo Abe. Exit polls show the governing liberal Democratic Party certain to win a majority victory, possibly propelled by a wave of sympathy votes for Abe's ruling party. This is a major boost for prime minister fumio kishida, who led a minute silence for Abe at the party's headquarters before announcing the winning candidates. Abe was shot while campaigning in Nara on Friday and died of blood loss and hospital later that day, shocking a country which prides itself for its safety, Sunday's election had a new meaning with all political leaders emphasizing the importance of free speech and democracy, I'm Naomi Shannon, Japanese citizens vote in a parliamentary election days after the assassination of former prime minister Shinzo Abe. Exit polls show the governing liberal Democratic Party certain to win a majority victory, possibly propelled by a wave of sympathy votes for Abe's ruling party. This is a major boost for prime minister fumio kishida, who led a minute silence for Abe at the parties headquarters before announcing the winning candidates. Abe was shot while campaigning in Nara on Friday and died of blood loss and hospital later that day. Shocking a country which prides itself for its safety, Sunday's election had a new meaning with all political leaders emphasizing the importance of free speech and democracy, I'm Naomi Shannon. The highland park, Illinois community, where 7 people were killed by a shooter at a July 4th parade, say their final goodbyes to their loved ones. On Saturday Eduardo was buried on what would have been his 70th birthday among those attending governor J B pritzker. He was remembered as a loving father and grandfather, a day earlier mourners
AP News Radio
Japan votes for key election in shadow of Abe assassination
"Japanese citizens vote in a parliamentary election days after the assassination of former prime minister Shinzo Abe Exit polls show the governing liberal Democratic Party certain to win a majority victory possibly propelled by a wave of sympathy votes for Abe's ruling party This is a major boost for prime minister fumio kishida who led a minute silence for Abe at the parties headquarters before announcing the winning candidates Abe was shot while campaigning in Nara on Friday and died of blood loss and hospital later that day Shocking a country which prides itself for its safety Sunday's election had a new meaning with all political leaders emphasizing the importance of free speech and democracy I'm Naomi
WTOP
"fumio kishida" Discussed on WTOP
"To the polls today. In the shadow of the assassination of former prime minister Shinzo Abe, who was gunned down while making a campaign speech, Abe's governing party appears to be cruising to a major victory, but the confirmation not yet in. Joining us for more is Mario mancuso, a global affairs expert and former Pentagon official, Mario thanks for being with us this morning. Good morning, browse. It's my pleasure. Great. How would you describe the former prime minister's legacy? You know, if I had to use a single word, the word I would use is global. And I mean that in the case of former prime minister Abe, I mean that to be both conceptual as well as geographic. I mean, his contributions in Japan and elsewhere covered economics and foreign policy and international security, but they also span the globe. He completely catalyzed an invigorated relationships with the United States with Europe and other regional countries like minded countries in Asia. So he was truly a giant. I mean, the fact that today we speak of an indo Pacific strategy. That was prime minister Abe's vision. And he literally saw the depth chart. He saw the importance of India. He saw the importance of Japanese self confidence on the international stage. He catalyzed the quad, he reached out to Australia. He was a giant. And he was a friend of the United States and obviously a Japanese patriot. Sure. Now, while he was the former prime minister, he'd already been out of office there. Is there any clear error or a successor to him within his party? So interestingly, he, at the time of his assassination, he held no formal office. But again, he was the leader of the largest ideological faction within the liberal Democratic Party, his party, which in Japan is the center right party. His proteges, including fumio kishida, who is the current prime minister, populate many parts of the government. So while he has many mentees and associates and proteges and various parts of the Japanese government, there is no clear success to him in the sense of the broad role that he played. So he was both political leader, strategic thinker, activist, vote getter. He was able to run the table in terms of roles. So in that sense, there's no clear success to him, although of course there are many individuals who were shaped by his thinking and his personality or in government. And in fact, even his legacy as we count the results of the elections to the upper house, which is happening, which happened in Sunday in Japan, but we'll get the results, the final results on Monday. His influence will be felt even in his death because it's likely that his party will retain or increase its majority in the upper house. Excellent, appreciate it again. That's global affairs expert. Mario mancuso, you can follow him on Twitter at mancuso online. Coming up on WTO, a shoe that you can recycle. We'll tell you all about it. Stay with us. We have some exciting news. Our family just
Bloomberg Radio New York
"fumio kishida" Discussed on Bloomberg Radio New York
"Futures have slipped a little still plenty of caution after Russia's invasion of Ukraine However earlier on Wall Street shares rebounded sharply midday the S&P 500 finished with a gain of 1.5% and the tech heavy NASDAQ 100 was up 3.4% President Joe Biden imposed stiffer penalties on Russia Its forces have pushed closer to Ukraine's capital Kyiv in one of Europe's worst security crises since the Second World War Japan says it will broaden its sanctions against Russia to include semiconductor exports as well as banking services and Japan will also freeze assets of targeted groups and also prime minister fumio kishida said that Russia's aggression toward Ukraine was unacceptable It would also take some measure measures to alleviate the increase of oil prices Brent oil jumped as high as $105 and 79 cents a barrel in the immediate aftermath of the invasion Right now we see brand at 99 O 8 WTI $94 and 47 cents And as Doug mentioned the dollar spiked higher up about 9 tenths of 1% adding to those gains in the Asia Pacific this morning Dali yen one 1558 in the yield on the ten year treasury 1.97% And that is a Bloomberg business flash News with that Baxter in San Francisco All right Thank you Headlines here Brian Russian troops moving into Ukraine from three sides Ukraine's military says it is going to fight president volodymyr.
AP News Radio
North Korea fires 2 suspected missiles in 6th launch in 2022
"North North North North Korea Korea Korea Korea has has has has fired fired fired fired two two two two suspected suspected suspected suspected ballistic ballistic ballistic ballistic missiles missiles missiles missiles into into into into the the the the sea sea sea sea it's it's it's it's the the the the sixth sixth sixth sixth round round round round of of of of weapon weapon weapon weapon launches launches launches launches in in in in one one one one month month month month experts experts experts experts believe believe believe believe the the the the increase increase increase increase in in in in launches launches launches launches is is is is an an an an effort effort effort effort to to to to put put put put pressure pressure pressure pressure on on on on the the the the Biden Biden Biden Biden administration administration administration administration many many many many believe believe believe believe the the the the north north north north maybe maybe maybe maybe hoping hoping hoping hoping to to to to restart restart restart restart negotiations negotiations negotiations negotiations in in in in order order order order to to to to release release release release US US US US led led led led sanctions sanctions sanctions sanctions which which which which have have have have crippled crippled crippled crippled the the the the north's north's north's north's economy economy economy economy government government government government mismanagement mismanagement mismanagement mismanagement more more more more recently recently recently recently the the the the coronavirus coronavirus coronavirus coronavirus pandemic pandemic pandemic pandemic have have have have added added added added to to to to the the the the damage damage damage damage of of of of north north north north Korea's Korea's Korea's Korea's already already already already battered battered battered battered economy economy economy economy the the the the missiles missiles missiles missiles flew flew flew flew a a a a hundred hundred hundred hundred and and and and eighty eighty eighty eighty miles miles miles miles before before before before landing landing landing landing at at at at sea sea sea sea Japanese Japanese Japanese Japanese prime prime prime prime minister minister minister minister Fumio Fumio Fumio Fumio Kishida Kishida Kishida Kishida confirmed confirmed confirmed confirmed there there there there were were were were no no no no reports reports reports reports of of of of damage damage damage damage to to to to vessel vessel vessel vessel and and and and then then then then coughed coughed coughed coughed around around around around the the the the Japanese Japanese Japanese Japanese case case case case tamasha tamasha tamasha tamasha this this this this would would would would be be be be the the the the sixth sixth sixth sixth time time time time knows knows knows knows everyone everyone everyone everyone has has has has a a a a plan plan plan plan to to to to solve solve solve solve this this this this year year year year this this this this includes includes includes includes the the the the mystic mystic mystic mystic missiles missiles missiles missiles which which which which is is is is a a a a violation violation violation violation of of of of the the the the U. U. U. U. S. S. S. S. security security security security council council council council resolutions resolutions resolutions resolutions I I I I mean mean mean mean those those those those protests protests protests protests and and and and I I I I think think think think this this this this is is is is extremely extremely extremely extremely regrettable regrettable regrettable regrettable I'm I'm I'm Karen Karen Karen Thomas Thomas Thomas
AP News Radio
Biden-Kishida talks to touch on North Korea, China
"President president president president Joe Joe Joe Joe Biden Biden Biden Biden and and and and Japanese Japanese Japanese Japanese prime prime prime prime minister minister minister minister Fumio Fumio Fumio Fumio Kishida Kishida Kishida Kishida will will will will hold hold hold hold their their their their first first first first formal formal formal formal talks talks talks talks asked asked asked asked the the the the two two two two leaders leaders leaders leaders faced faced faced faced fresh fresh fresh fresh concerns concerns concerns concerns about about about about north north north north Korea's Korea's Korea's Korea's nuclear nuclear nuclear nuclear program program program program and and and and China's China's China's China's growing growing growing growing military military military military assertiveness assertiveness assertiveness assertiveness the the the the virtual virtual virtual virtual meeting meeting meeting meeting comes comes comes comes off off off off to to to to North North North North Korea Korea Korea Korea earlier earlier earlier earlier this this this this week week week week suggested suggested suggested suggested it it it it might might might might resume resume resume resume nuclear nuclear nuclear nuclear and and and and long long long long range range range range missile missile missile missile testing testing testing testing that that that that they've they've they've they've been been been been polls polls polls polls for for for for more more more more than than than than three three three three years years years years both both both both the the the the US US US US and and and and Japan Japan Japan Japan also also also also concerned concerned concerned concerned about about about about China's China's China's China's increasing increasing increasing increasing aggression aggression aggression aggression toward toward toward toward Taiwan Taiwan Taiwan Taiwan China China China China claims claims claims claims to to to to self self self self governing governing governing governing Taiwan Taiwan Taiwan Taiwan as as as as its its its its own own own own territory territory territory territory to to to to be be be be annexed annexed annexed annexed by by by by force force force force if if if if necessary necessary necessary necessary in in in in recent recent recent recent months months months months it's it's it's it's stepped stepped stepped stepped up up up up military military military military exercises exercises exercises exercises near near near near the the the the island island island island frequently frequently frequently frequently sending sending sending sending warplanes warplanes warplanes warplanes near near near near Taiwan's Taiwan's Taiwan's Taiwan's espace espace espace espace I'm I'm I'm I'm Charles Charles Charles Charles Taylor Taylor Taylor Taylor this this this this month month month month
Monocle 24: The Globalist
"fumio kishida" Discussed on Monocle 24: The Globalist
"Highlight for you? I just felt so lucky. I saw so many events. I really felt like, wow, there will never be an opportunity like this to be front row of the hundred meters final men and women. I went to the dressage. I went to the swimming. I saw the karate. I saw the sport climbing, which was a new event, as was karate. You know, it was very exciting for me. I massively interested in architecture. So to see some of the 1964 venues come to life again as Olympic venues, they've still been used. They've been in continuous use ever since, but Buddha can yogi national gymnasium. These are really iconic Tokyo landmarks. So to see them again as Olympic venues was very exciting. But there was a slight pain to the whole thing. I felt very sad a few journalists turning up to see these unbelievable performances. And the volunteers were really trying to bring the good cheer, but it was very, very uncomfortable. This feeling that these performances were really people couldn't enjoy them. So I personally I absolutely loved seeing it in person in the flesh. But I was feeling very, very guilty that none of my friends in Tokyo could join me. Absolutely. I mean, one thing you mentioned there was also the architecture. These were the most expensive games in history. What about that infrastructure, the stadiums you talked about the ones from the last Olympics? The new ones that were built as well, what has happened to all of that? What will happen to all of that? Yeah, I think the final bill we won't know till next year and you know I imagine they'll be trying to squirrel away as many of these as possible into other areas because the bill is already looking to be at least $20 billion, many people think it's nudging 30 billion. It's just astonishingly expensive. The whole thing. And it wasn't just the infrastructure, but as you say, yeah. So basically they reuse some of the venues from 1964 gave them a facelift. They looked at their absolute best. They built a lot of temporary venues, which were dismantled very quickly after. And there were a couple of absolutely brand new venues for swimming venue. The gymnastics arena, which was really spectacular, actually. That was a very, very impressive new building for which they brought in mass sito who'd worked on kenzo town gay's 1964 gymnasium for anyone who's interested in architecture. That was very exciting to see him brought back just such a brilliant engineer. And I think what we're seeing is that the national stadium, which was it was very expensive, not as expensive as it was going to be originally, but it was still one and a half $1 billion plus. That's a bit of a problem. Just the maintenance cost of that building are huge. And there are many takers. So I don't know what the future for that will be. It will certainly be used for big sporting events and possibly the 2025 world athletics championships. And it's a stunning venue, be a shame if it wasn't used. It really is an interesting. It's built very, very low rise. Can go Kumar who was he wasn't a solely responsible, but who worked on the final design wanted it to be a symbol of where Japan is now. It's a slightly low key stadium in a curious way. It's not a big bombastic stadium announcing Japan, which was more the mood in 1964. I think for this Olympics, it's more about apparently there was an emphasis on sustainability, but that's been rather scrutinized and it doesn't come out too well to accusations of greenwashing floating around. It's very difficult to have this size and for it to be properly green, I think. Well, and Vienna finally, what about the political cost as well as the actual cost? I mean, has fumio kishida and have other Japanese politicians learned lessons from this experience? Will there be some sort of lasting change in their approach to dialog with the public perhaps listening to the public as a result of the Olympics? Yeah, that's a really interesting question. I think as I was saying at the beginning, I think the Japanese government just wasn't decisive enough at the beginning of the year. It didn't want to make the tough decision to an event that was already delayed by where they're going to cancel it. They didn't want to make that decision. And they came across looking very indecisive and the IOC came out a bit rather badly as well. And you know, that's a bit of a shame in a country that absolutely loves the Olympics. It left a very sour taste. And it did have a huge political cost for shahida soccer. You know, he is no longer prime minister. And I think the new prime minister Fermi O kishida is taking that is his approach, he says it's much more about listening to people. It's very difficult to make these decisions relating to COVID and every decision is scrutinized. And the mood now is pretty much as it was in the summer, people feel we've got another variant and they want to see that COVID is the top priority. And kishida and the governor of Tokyo governor cuique, she said the same thing, that is the priority. And I think that's really what the public wanted to hear. And we'll continue until it's resolved. So the next big question for kishida is prime minister kisha is when do you open the borders? And that's a very difficult one. A big question to follow for the new year. But Fiona, thank you very much for all of that. That was our Tokyo bureau chief. Fiona Wilson, and that is all the time we have for this special edition of the globalist. It was produced by Rhys James and our studio manager was Chris a. We'll be returning next week where we will be looking ahead to 2022 with contributions from Chris Smith, Mary Fitzgerald and Isabel Hilton. I'm Chris tarmack. Thanks for listening and have a very.
Bloomberg Radio New York
"fumio kishida" Discussed on Bloomberg Radio New York
"The hour We have to market every quarter hour here on Bloomberg radio Wow off to a good start Japanese stocks rising after the ruling coalition secured an election victory Now the victory was better than many had expected and it does pave the way for the administration of fumio kishida to to start enacting economic stimulus That might be the reason we see a two and a half percent jump here in the kneecap to 29,616 The topics gaining about 1.5% and again seeing stocks rising here pretty much across the board Now a potential positive for China Shanghai says it tested 33,863 Disneyland visitors and staff and they tested negative So we know that the COVID zero policy that China pursues there and some were worried about potentially a bigger lockdown coming off to wait and receive Generally speaking the mood in China on equities is not so very good China reported weakness in its economy in October as a continuing shortage of power shortage there higher commodity prices all hitting manufacturing And as mentioned earlier COVID controls have shut down a lot of consumer spending And so let's take a look at what we can expect in the China markets the futures are not active here at the moment They're flat exiting index futures down on 6 tenths of a percent It costs me has moved up pretty handsomely two up about a half of 1% in rally underway in Sydney with the ASX gaining 28 points there about four tenths.
Monocle 24: The Globalist
"fumio kishida" Discussed on Monocle 24: The Globalist
"To respond to North Korea. I wonder how united the opposition are in Japan. As we know, I mean, the election in just two weeks. Well, I mean, we've talked about this before, but I mean, they are really a fractured mess quite frankly. It sort of extraordinary that for all the criticism of the LDP, the opposition's really made no inroads. And what's happened with this election, which really came as a bit of a surprise is the biggest opposition party constitutional Democratic Party. And the Japan Communist Party, Japanese Communist Party. They've agreed not to field candidates against each other in a number of single seat constituencies, which means they won't divide the opposition vote. And they're hoping that that will really cut into the LDP vote. Remains to be seen whether that happens. But it's a certainly a fresh departure. It actually quite a positive sign. And I think people feel this election is more interesting than many we've had in the past. And what are the predicted results then of the election? Well, you know, it's an interesting one isn't it? Because it sounds like the LDP is really under fire. I think most people think the LDP will still come out running the country. The numbers may be down. It's already a coalition government. They have a junior coalition party comedo. At the moment, that coalition has 305 of the 465 lower house seats. And fumio kishida is already saying he'll be okay if they get 233. So he's really lowered the bar. And it looks like, you know, they may lose some of these single seat constituencies because of this unified opposition. But I think most people feel it would take a massive turnaround for the LDP and comedo to lose its ruling coalition position. Thank you very much, indeed. That was Fiona Wilson our bureau.
Bloomberg Radio New York
"fumio kishida" Discussed on Bloomberg Radio New York
"Is now prepared for the October 31st general election or to play for at Baxter as global news Yeah very they're ready to go Powerful lower house of parliament has been dissolved in a process that could determine how long prime minister fumio kishida stays in office Any loss of LDP seats could have him removed from power Remember Japan had a revolving door that claimed 6 premieres between 2007 and 2012 kishen is building his campaign around building what he calls a new capitalism in which growth is spread more evenly French finance minister Bruno Lamar says the U.S. and EU are not on the same page when it comes to dealing with China This is clearly the key question for all of us United States wants to oppose China Europe want to engage China So there is a difference of view We need to discuss about that because this is clearly a strategy question Lamer says in fact it may be the most pressing question facing U.S. FDA has approved Moderna booster shots for people over 65 and those adults who have compromising medical conditions It says it is looking now at shots for kids 5 to 11 Meanwhile the president Joe Biden says the workplace vaccination mandates mandates have been working at getting people vaccinated but he says more needs to be done We're down to 66 million Still unacceptably high number of unvaccinated people from almost 100 million in July That's important It's important progress And Biden says the Labor Department that was ready to step up and do more Labor Department is going to soon be issued an emergency rule for companies with a hundred or more employees to implement vaccination requirements and their among their workforce A Biden says that should have more people getting vaccinated Federal appeals court judge in New York is expressing skepticism of a bid by four city of public employees to halt the city's mandatory vaccination program The four are arguing that teachers are constitutionally protected class The judge said quote I'm having difficulty seeing why this is an irrational policy decision of the city And top U.S. trade official says there's been progress in WTO negotiations aimed at waving intellectual property protections for vaccine production Catherine ties as collectively there's a lot that needs to be done getting the 164 members on the board though is definitely a major challenge And Taiwan investigators have not ruled out arson as a cause of the fire in the southern port fire in which 46 people died 41 were injured In San Francisco I'm at Baxter This is Bloomberg Brian All right Thanks very much Ed it is 38 minutes past the hour and it is time for a global sports.
WNYC 93.9 FM
"fumio kishida" Discussed on WNYC 93.9 FM
"Japanese government has chosen a former top diplomat as the country's next prime minister NPR's Anthony Kuhn reports the new leader will be put to the test in the general elections at the end of this month Parliament formally voted in fumio kishida after he won an internal election for head of the ruling party Kishida is well known in Washington from his time as foreign minister from 2012 to 2017 As a child he attended school in Queens New York Kishida is seen as a moderate and a consensus builder He scheduled general elections for October 31st while his approval ratings should still be fairly high That's NPR's Anthony Kuhn reporting You're listening to NPR news in Washington The trial gets underway today in Cleveland to determine whether retail pharmacy chains are liable for costs related to the opioid crisis Two counties in Ohio sued CVS Walgreens Walmart and giant eagle claiming the company's created an expensive public nuisance by dispensing millions of painkillers into their communities The company say they're blameless and that pharmacist merely filled prescriptions written by physicians for legitimate medical needs Italian investigators are looking into what caused a private plane to crash into a building after take off near Milan on Sunday killing all 8 people on board and PR Sylvia Poe Jolie reports the flight recorder has been retrieved The aircraft was a single engine executive type plane that had flown from Bucharest Romania to Milan on September 30th with no apparent problem Shortly after it took off from Milan's Lena de airport en route to obey on the island of Sardinia it crashed near a subway station landing on the roof of a building that was empty at the time People in the area heard a blast in a thick column of dark smoke rose from the crash site and was visible for miles Milan prosecutor tiziano sequenced told reporters that all aboard were foreigners including the pilot who was roumanian so people NPR news Rome Hi Windsor Johnston NPR news in Washington I'm Michael hill at WNYC in New York at 5 33 a rainy first Monday in October Good morning I'm Michael hill 69 now more rain to come and a high of 73 Last week was a deadline for some healthcare workers to get vaccinated and now starting today New York City public school staff must be as well One enthusiastic supporter of the mandates is Daniel lynch who was in Union Square yesterday He started work at New York Presbyterian hospital and says he is on board with the vaccine mandate there If.
The Economist: The Intelligence
Fumio Kishida wins Japan leadership race, setting him up to become prime minister
"Japan's ruling liberal democratic party or ldp held its leadership runoff election. The last round was between two former foreign ministers. Kishida fumio and kotaro. Mr kushida came out on top. The ldp has dominated japanese politics since its founding in the nineteen fifties. So the party's new. President will be the country's new prime minister when tsuyoshi he steps down toy so in his victory speech. Mr kishida said that from today. I will with all of my energy. Get straight to work. How and where he will channel that energy though is still something of an open question as is how much. The electorate will support him. This year's election for the presidency was more unpredictable than most heading into the vote. Today there was some some genuine uncertainty about who would emerge the victor noah. Sneider is the economists. Tokyo bureau chief but this kind of free for all uncertain circus like for the mvp at least election campaign. I think really master distracted from deeper and more worrying trend in japanese politics namely growing voter apathy and disillusionment from the political process and given that apathy. How do you think it is that. Mr kishida came out on top. The dynamics of this election were a bit complicated. But let's unpack them. Konno tato former foreign and defense minister was the favourite in public and the favourite amongst younger diet members in the ldp who saw him as potentially more transformative figure who also crucially might help them keep their jobs in elections that are looming in later. This fall masan however is unpopular amongst. The party's old guard and and they see him sort of unreliable uncontrollable. He has a reputation for being a bit of a maverick so he won. The the vote of the rank and file in the first round of the party's election but he didn't win enough support amongst his colleagues to win the election outright so it went into a second round run-off there to she support from within the party really proved decisive. It is i think a result that reflects the enduring strength of the ldp's establishment and is in some ways the kind of rebuke of public
Monocle 24: The Briefing
Japan's Prime Minister resigns for health reasons
"It is a week or so since Japan's longest-serving, Prime Minister Shinzo are announced that he would be standing down for health reasons that discreet interval having elapsed those who fancy succeeding him as leader of the Liberal Democratic Party and therefore Prime Minister of beginning to make themselves known among the first out of the traps is Yoshi suger currently chief cabinet secretary already seen as the favorite the former foreign, Minister Fumio Kishida and former. Defense. Minister Shapiro she but also like their chances, the decision is due on. September. Fourteenth joining me with more is molecules Tokyo bureau chief. Your New Wilson. Fiona is this the one horse race that some are already calling it? Yes, I'm afraid I think it is amazing. Things have happening over the last couple of days in Japan you're right there are three key people standing but really the LDP party, the party executives have swung into action and pretty much. So not the race for Soga to win it's going to be very difficult for him to lose the L. TPS. Famously, it's got these factions seven factions and it seems that saga although he only just a matter of hours go announced. His candidacy seems he's already secured. Five of the seven factions. Votes can be quite hard to beat him and yesterday that was an amazing meeting of the Executive Council of the Party and they decided not to bother with the votes from the rank and file, which really sent a clear signal because among the rank and file issue the former defense minister, he's the top choice. He's also the top choice with the public. He pulls much higher than Sukkur and clearly the party Did Not want him to win. So the in a way it's been rigged actually the vote and it's very good news for Soga and not for anyone else standing on that point though if Ishiba is the more popular candidate among the actual Japanese Public Roy is he not seen as more of a contender by the Party grandees? It's interesting. He's been relentless critic of Shinzo Bay and that's one him. No friends he he just does not have enough support within the party and it's a sort of a grudge I suppose you could say he stood against. A couple of times in two, thousand and twelve he stood against obey. He actually won the first round when it was, you know down to the rank and file he won. He lost in the second round when it came down to the the members of the politicians. So he's he's seen as trouble he's criticized throughout he you know I in a natural way he's got plenty to say about what's going on within his own party. He's he's being critical of our based diplomacy. He thinks it's to US centric he he feels that the stimulus packages that she has set the ABA. Policies that he's feels not sustainable in the long term and he's voiced very openly. So he's one no friends within the policy leaders and I think now it's unfortunately for him. It's coming home to roost. So if we are going to have to get used to the idea of your Shahida, suge as the next prime minister of Japan, do we understand yet what sort of prime minister he intends to be? Basically, who is he? Yeah, it's an interesting one I mean. People outside Japan wet name much about him although he's been obeys right hand man throughout since two thousand twelve he's he's the public face of the government. He's the top spokesperson. He's there every day at the press conferences batting off critism of Shinto. Ebbe. There are questions about unfortunate scandals, how how Abbas dealing with the pandemic. It's been super who's dealt with all that. So he is a very, very well known face here. He's. He's sometimes referred to his uncle ray were not not particularly affectionately, but he was the man who revealed the name of the new Japanese era when there's new. The new era begins and we are now in the era of war and he was the man who revealed that on television. So he's sort of got this nickname, but there's not a lot. He's revealed about himself personally in seventy one. Well, when when he came on today his press conference, he pretty much announced exactly what kind of prime minster he'll be, which is continuity Abba he said he'll be dealing with coronavirus. He'll continue with up a NOMEX and he'll continue Abbas diplomatic policy which is based on the US Japan. Alliance and I think that's where he differed from issue who was trying to do the exact opposite really saying. Issue has been saying we need more friends in south. East Asia not so US centric, he doesn't fancy what they call the golf diplomacy the great bromance between trump and pay, which is much spoken of. Not. Sure. How much trump considered it although he did he did tweets that he considered to be Japan's greatest prime minister which prompted much hilarity on twitter to see if anyone could ask trump who was his second greatest pick suspecting that he probably couldn't name and other Japanese prime minister so that that really he's continuity and for some people about important but it seems the public were they wanted a bit of change maybe not a complete revolution. They've maybe would have liked to fresh face, but it looks like it's going to be so good and it's a very short election campaign really starts in the seventh ends on the fourteenth with the Prime Minister being appointed on the sixteenth seventeenth in a special session just finally, and briefly owner is it politically viable for the Liberal Democratic Party just to install him as prime minister and let him crack on there won't be any talk of early general election or anything. There isn't at the moment, but there has to be a general election by next Autumn Anyway twenty, twenty one. This is so. It would be pretty remarkable if he were to come in and immediately call a general election. So I think not. But there are some very dissenting voices I notice the Asahi Shimbun, huge center-left newspaper second-biggest paper. In Japan, remember the circulations are enormous and described this whole process of how suit of being shoehorned into the role as bleak and pathetic. So it's not like There is across the board support for is going to have a bit of a battle with the public. He hasn't actually put a foot wrong so far he said very little. He only announced his candidacy tonight so. We'll see how it turns out but at the moment, it looks like it's going to be business as usual. If, you're on a Wilson in Tokyo Bureau. Thank you for joining
Monocle 24: The Briefing
Japanese Prime Minister Shinzo Abe Resigns Due To Poor Health
"In a parallel universe where things proceed more or less according to plan Japanese Prime Minister Shinzo Albay is basking in the glow endowed by triumphant Tokyo Olympics. The games however postponed a while ago for reasons requiring no reiteration, and it now appears that Shinzo Abe's victory lap has also been canceled obey Japan's longest-serving Prime Minister has announced that he is to stand down for health reasons he offered the Japanese people, his apologies for failing to complete his term I'm joined first of all by Monaco Tokyo Bureau Chief Funeral Wilson. Is this announcement is surprise. Well, everybody knows that Shinzo up as being well, it's been rumored for long time. We who's been in hospital a couple of times in the last fortnight. So that's not the surprise I. Think the rapid resignation did come as a surprise to many people including people quite close to you know there was a Cabinet Office meeting this morning and I think that really. has taken a lot of journalists who follow the story pretty closely by surprise when he explained why he said simply that you know he's he's had a recurring bout of. Ulcerative colitis which he's had since he was a teenager, he said it's not going to get better without some serious medication and you felt that that made it impossible for him to continue. Is there any cause at all to be cynical about this? It's not untidily on heard of four politicians for whom things are not going well to plead ill health. No doubt people will say that I mean his excuse for the timing was that. It's a corona virus pandemic. We all know that he said number going down slightly for winter is coming and going to be another. Whatever wave we're up to. There's also going to be seasonal flu and he felt that it was time to to pass the baton. You know you've got a new diet sessions coming up possible reshuffle. It just was a very packed schedule ahead and he said that he just felt his health was not to it and he wouldn't be doing right by the Japanese people he stayed in his position. How Japanese media generally reporting this? What kind of tone does the coverage of? Well I. Think it's. Absolutely blanket coverage his speech was live everywhere. I think, yes, we had to notice surprise. You know they say it's a sad fact in politics that once you've announced your resignation, the big discussion as well who's going to take over so that's really where it's going. Now I think the analysis about his legacy and he was asked about his legacy actually the press conference. And he was quite frank about that. That that will come in the next few days. But at the moment, the big big issue is who's going to take over him. He's from him. He said he'll stay in power until somebody takes over and I think they're now you know trying to quickly get some kind of election together it may not be conventional Lt P. Presidential election may not involve all the local Party members. It might just be the Diet members, the two houses and So that's that's the big question who's going to take over the does kinda preempt. The final question I was going to put to you do we actually know yet? The likeliest next Prime Minister of Japan. Well hundred we don't there lots of candidates, lots of potential Kansas pluses and minuses to all of them I think a lot of people look looking at some very, very reliable solid candidates, Yoshihiko suge who's been chief cabinet secretary absolutely loyal up a stalwart for years he seen as a safe pair of hands and heavily being backed by the LP secretary general Mr Nikai who's WHO's extremely Influential behind the scenes, his name won't be known too many people but he's very very important. He's one of the names you've got Fumio Kishida policy chief of the L.. DP? He's been a foreign minister. He may be a little bit considered a bit too dovish. They said bit too soft on some of the constitutional issues on China and Ibar who has been a longtime rival of. Shinzo Abbas. Maybe. This will finally be his time. People are saying he has a loss of local of grassroots support and he he could finally see his moment. Now