AssetID: 54930216
Headline: UNCAPTIONED: Japan's PM Vows to Stay On Despite Election Blow and Party Pressure
Caption: Japan's PM Vows to Stay On Despite Election Blow and Party Pressure. Japan’s Prime Minister Shigeru Ishiba says he won't step down, despite a major setback in upper house elections that's fueling dissent within his own party. Speaking Monday, Ishiba insisted he would stay in office to handle critical issues—especially looming U.S. tariff talks and soaring consumer prices. The loss follows last year's defeat in the lower house and growing public frustration with rising costs and sluggish leadership. Analysts say Ishiba may not last much longer, as the opposition pushes a no-confidence motion and calls grow for tax cuts and stricter immigration controls. Although markets were closed for a holiday, the yen strengthened slightly, with investors largely expecting the results. Still, bond yields spiked ahead of the vote, and pressure is building ahead of the August 1 U.S. tariff deadline. Japan's top trade envoy Ryosei Akazawa flew to Washington Monday—his eighth visit in three months—as Ishiba's future hangs in the balance. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current affairs & Politics,Japan,Shigeru Ishiba,Prime Minister,upper house elections,election setback,U.S. tariff talks,consumer prices,no-confidence motion,tax cuts,immigration controls,Ryosei Akazawa,Washington,Japanese yen,bond yields,August 1 tariff deadline,political pressure,leadership crisis,Japanese politics,opposition parties,public frustration
PersonInImage: