Word: takeo
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Cooper lost no time in beginning to get that message across. On a visit to Tokyo shortly after his appointment, he called on Japanese Prime Minister Takeo Fukuda and expounded his views on the still soft global economy at a press conference. "We have been wasting resources in [lost] jobs and in underutilization of capital equipment," he said...
Thunderous applause and shouts of "Banzai!" rang through the plush Tokyo headquarters of Japan's ruling Liberal Democratic Party last week as Takeo Fukuda, 71, was unanimously chosen party president. Just minutes earlier, a grim-faced Takeo Miki, Japan's incumbent Premier, had received nearly as tumultuous an ovation when he bowed out as head of the party. The script was replayed the following day in the Diet's lower house; this time Miki resigned as Premier and Fukuda, with the L.D.P. controlling a bare majority of seats in the chamber, again succeeded him, becoming Japan...
Tight-lipped and haggard, Japan's Premier Takeo Miki waded into the TV glare to concede defeat. Acknowledging an "unprecedented crisis of the postwar years," Miki called on his faction-torn Liberal Democratic Party to "accept frankly the judgment of the people" and seek "reform and change." The L.D.P. has little choice. In an election upset with far-ranging implications, 57 million Japanese voters last week dealt the country's ruling party its worst drubbing since it was formed...
Miki's strongest challenger is his harshest critic, former Deputy Premier Takeo Fukuda, 71, who has lined up powerful backing from among the L.D.P.'s half-dozen factions in a bid to succeed Miki. Their rivalry became so bitter that they maintained separate national headquarters during the three-week campaign and kept up a running feud that badly damaged L.D.P. prospects. One possible compromise choice is Finance Minister Masayoshi Ohira. Miki is genuinely convinced that radical reforms are needed to refurbish the L.D.P.'s image. His diagnosis: "The party caused its own defeat because we failed...
Ezra R. Vogel, director of the East Asian Center and professor of Sociology, said Miki's probable replacement, Takeo Fukuda, has greater party support than Miki but will not represent a major policy change...