Japan's LDP surges back to power, eyes two-thirds majority with ally | Reuters

| December 16, 2012


“Japan’s conservative Liberal Democratic Party (LDP) surged back to power in an election on Sunday just three years after a devastating defeat … An LDP win will usher in a government committed to a tough stance in a territorial row with China, a pro-nuclear energy policy despite last year’s Fukushima disaster and a potentially risky prescription for hyper-easy monetary policy and big fiscal spending to beat deflation and tame a strong yen.


“Japan’s conservative Liberal Democratic Party (LDP) surged back to power in an election on Sunday just three years after a devastating defeat … An LDP win will usher in a government committed to a tough stance in a territorial row with China, a pro-nuclear energy policy despite last year’s Fukushima disaster and a potentially risky prescription for hyper-easy monetary policy and big fiscal spending to beat deflation and tame a strong yen.”

http://ca.reuters.com/article/topNews/idCABRE8BE05E20121216

See also: Two-Party Japan Democracy Undone in 39 Months as DPJ Crumbles | Bloomberg

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