Japan’s Ruling Coalition Loses Upper House Majority
Japan’s ruling coalition, led by Prime Minister Shigeru Ishiba, has lost its majority in the upper house for the first time since 1955. The result reflects public dissatisfaction with economic policy and divisions within the party.
Prime Minister Ishiba has said he will remain in office to continue trade talks with the United States. These negotiations, focused on tariffs, are approaching a deadline on August 1.
A new nationalist party, Sanseito, gained seats by campaigning on immigration and national identity. Its support was strongest in rural areas.
Opposition parties may seek a no-confidence vote. Some members of Ishiba’s party have also called for leadership change.
Markets responded mildly. Bond yields rose slightly, and the yen gained strength. The outcome had been widely expected.
The government now faces pressure to manage political uncertainty while pursuing its economic and foreign policy goals.
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