Word: ohira
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...Ohira replaced Prime Minister Takeo Fukuda as the leader of the ruling Liberal Democratic Party in party elections last week...
TOKYO--Masayoshi Ohira, Japan's new prime minister, predicted continued troubles for the dollar yesterday, and called for a tripling of President Carter's $30 billion "defense fund" for buying up surplus dollars to prevent the dollar's further decline...
...Ohira also said he sees little chance that Japan will meet the seven-per-cent economic growth rate for the current fiscal year, a goal set by the Fukuda government at the Bonn summit meeting of Western powers and Japan last July...
Reischauer characterized Ohira, who he said he knew very well in Japan, as "a man of principle and self-confidence. I expect he will come out boldly and provide the type of leadership Japan needs," Reischauer said.AP PhotoMASAYOSHI OHIRA...
...third factor in Ohira's election may have been the support he received from former prime minister Kakuei Tanaka, currently on trial for taking bribes from Lockheed Aircraft Corporation. Although Tanaka was forced to step down, he still controls a sizeable faction of supporters, Reischauer said, adding he doubts Ohira would have won if Tanaka had swung his support to Fukuda...