Abenomics, womenomics take a hit as 2 female ministers quit
Yuko Obuchi (trade & industry) and Midori Matsushima (justice) resign over alleged election-linked offences
Tokyo
DEALING a severe blow to Japanese Prime Minister Shinzo Abe's "womenomics" policies and also inflicting indirect damage on his "Abenomics" strategies, two of the five women ministers Mr Abe brought into his Cabinet less than two months ago both resigned on Monday over alleged election-linked offences.
In what Kyodo News termed a "huge blow" to Mr Abe, Minister of Economy, Trade and Industry Yuko Obuchi resigned to take responsibility for alleged misuse of political funds, while Minister of Justice Midori Matsushima stepped down over alleged violation of election laws by distributing paper fans to constituents.
A badly chastened Mr Abe pledged to fill the two key appointments quickly and last night, he confirmed that he had chosen 64-year-old Yoichi Miyazawa, a former vice economics minister and the nephew of the late prime minister Kiichi Miyazawa, to replace Obuchi as industry minister. Nipp…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO
China moves to boost foreign investment in domestic tech companies
Xi orders China’s biggest military reorganisation since 2015
Warner Bros CEO earned US$49.7 million in strike-impacted year