Word: exitement
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...Official results were still being counted, but exit polls by all major media said Hatoyama's Democratic Party of Japan had won more than 300 of the 480 seats in the lower house of parliament. That would easily be enough to ensure that he is installed as prime minister in a special session of parliament that is expected to be held in mid-September...
...Elsewhere, victorious DPJ candidates lifted their arms and hoarsely shouted the celebratory phrase "banzai" after exit polls showed Japan's main opposition party blasted the incumbent Liberal Democratic Party (LDP) from its virtually untested 54-year reign. Polls indicate the DPJ's historic win will likely hand the party more than 300 of the 480 seats in the Diet's lower house, while the LDP is expected to get about 100 - just one-third of what it had before Prime Minister Taro Aso dissolved parliament in July and called the Aug. 30 election. If the DPJ lands more than...
...Livelihood First," amidst the worst economic crisis in Japan's postwar history. An unprecedented 14 million votes were cast in advance of Sunday's election, accounting for about 13% of all eligible voters. And voter turnout is expected to reach 70% - the highest in nearly 20 years. As exit polls came out around the nation, television media tended to focus on which LDP candidates lost - marking LDP incumbents with red batsu or Xs - rather than focus on the DPJ winners, reflecting a widely held belief that Sunday's landslide win is less a vote of confidence...
...With Germans set to vote in parliamentary elections on Sept. 27, Merkel seems eager to create an exit strategy on Opel in case negotiations blow up on her. "The situation is that we have decided with a clear preference to advocate the Magna plan," Merkel told German television channel N-24 on Aug. 26. "There is a good possibility that we will come together...
...stake in Opel to the Magna-Sberbank consortium. At first GM seemed to be playing ball. It spun off Opel into a trust to protect the Rüsselsheim-based manufacturer from GM's Chapter 11 proceedings in the U.S. (Read "Ron Bloom Monitors GM - and Eyes the Exit...