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Political instability at home has undermined the yen as well. Prime Minister Toshiki Kaifu, 59, who is outside the Old Guard of the ruling Liberal Democratic Party, lacks the political support to serve as a bold leader. "That poor gentleman," says one Japanese bureaucrat. "They are all trying to sink him. He gets no help." While Kaifu is moderately popular, he ! is not seen as someone who can dramatically improve relations with the U.S. or boost Japan's influence in the world. Says a disappointed financier: "Japan has not emerged as the superpower that it was expected...

Author: /time Magazine | Title: Pop! Goes the Bubble | 4/2/1990 | See Source »

Victories are best savored slowly, but Prime Minister Toshiki Kaifu barely found time for the customary postelection rituals last week. No sooner had he hammered open a keg of sake to celebrate his Liberal Democratic Party's renewed majority in the lower house of the Diet than he confronted a formidable problem: Japan's strained relations with...

Author: /time Magazine | Title: Japan After the Sake, the Prickles | 3/5/1990 | See Source »

Prime Minister Toshiki Kaifu came out punching when the campaign for this month's legislative elections began in the lower house of the Diet last week. Kaifu deftly defended his ruling Liberal Democratic Party against corruption charges and attacks on the ten-month-old consumption tax. Conceded Socialist leader Takako Doi: "He's done his homework...

Author: /time Magazine | Title: Japan: How to Lose By Winning | 2/12/1990 | See Source »

...states of the nonaligned movement dispensed with their past denunciations of the U.S. and instead called for "a productive dialogue with the developed world" on "protection of the environment." As if heeding that appeal, on Sept. 11, at an international environmental conference in Tokyo, Japan's new Prime Minister Toshiki Kaifu affirmed a pledge that his country would offer $2.25 billion to tackle pollution in the Third World...

Author: /time Magazine | Title: Greening of Geopolitics: A New Item On the Agenda | 10/23/1989 | See Source »

...says Japan is dominated by male shogunists? Not, apparently, the new Prime Minister, Toshiki Kaifu. Last week, in a move to improve the scandal-ridden image of his Liberal Democratic Party, Kaifu appointed two women to his 21- member Cabinet. Sumiko Takahara, 56, a writer on economic affairs, became Economic Planning Agency director, and former Labor Ministry bureaucrat Mayumi Moriyama, 61, was named to head the Environment Agency...

Author: /time Magazine | Title: Japan: Kaifu's Surprises | 8/21/1989 | See Source »

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