Word: ichiro
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...doubtful that Yosano will be able to turn things around. Yosano claims he taught Ichiro Ozawa, the leader of the DPJ, the chess-like game of go. But the last time that Yosano and Ozawa played a match, Ozawa won. With the LDP reeling, it appears Ozawa now holds the political advantage as well - and this will affect whether the government is able to take more decisive action to combat the economic downturn. While Aso's Cabinet in December approved $811.9 billion in stimulus spending, little of that money has been put into action. Other measures are seen as piecemeal...
...already named Minister of the Economy Kaoru Yosano, 70, as Nakagawa's replacement. Yosano, who claims he taught DPJ leader Ichiro Ozawa to play the chess-like game of Go, will now wear three hats in Aso's government, running the ministries of economy and finance and the Financial Services Agency, which oversees banking. A fiscal conservative, Yosano was runner-up to Aso in the LDP elections last September. If things get much worse for the Prime Minister, there is even talk that Yosano could become the new head of the party and lead it into upcoming general elections...
...chief rival is Ichiro Ozawa, the 66-year-old populist leader of the DPJ, who has vowed to become prime minister and called the upcoming elections Japan's "last chance" to change. Ozawa has set out nine major policy initiatives aimed at perceived LDP weaknesses. Among them is a plan to unify the pension and healthcare systems, which could win points with Japan's aging population and embarrass LDP leaders, who have at times appeared insensitive to the pocketbook issues of ordinary citizens. Ozama also wants to narrow Japan's growing income gap by raising low-income wages and give...
...given his array of personal ties to former prime ministers and to the Imperial family itself (His brother-in-law is a prince, the first cousin of Emperor Akihito). That higher personality profile, both more elite and more popular, contrasts him with the likely new president of the DJP, Ichiro Ozawa, who, like Fukuda, is not popular. Indeed, two DPJ members of the Upper House formed their own party last week to protest their own party's role in the ongoing Diet gridlock...
...nationwide effort was launched to reduce energy use and clean up the environment. The result: for every dollar of GDP generated, Japan uses only one-eighth as much energy as China. "Japan was a front runner in economic development in Asia and suffered some bitter experiences," says Ichiro Kamoshita, the nation's Minister of Environment. "Japan wants the countries that are now trying to develop to become prosperous without going through such bad experiences...