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Snapshot 4:Mon, Sep 30, 2024 10:01:06 AM GMT last edited by Vandita

Japan: Shigeru Ishiba Announces Snap Polls on Oct. 27

Japan: IncomingShigeru PM Ishiba Announces Snap Polls on Oct. 27

Above: Shigeru Ishiba speaks during a press conference following his election in the party leadership elections on Sept. 27, 2024 in Tokyo, Japan. Image copyright: Kim Kyung-Hoon/Pool/Getty Images News via Getty Images

The Spin

It's the legal duty of a sitting prime minister to decide when parliament is to be dissolved and a general election held. But parliament hasn't declared Ishiba PM, making this announcement illegal. The decision to conduct general elections in less than a month has everything to do with Ishiba's quest to capitalize on his mandate and give the opposition Constitutional Democratic Party as little time as possible to prepare under Yoshihiko Noda.

Ishiba has taken over the reins of a scandal-plagued party with a dwindling public support. He is poised to lead a country facing regional tensions, a severe cost-of-living crisis, and a falling birthrate. Yet, by radically scaling back some of former Prime Minister Shinzo Abe’s reflationary policy, the self-confessed lone wolf can lift his party's fortunes and establish a more assertive Japan that can reduce its reliance on the US for its defense.

Metaculus Prediction

There's a 50% chance that the LDP will lose its status as largest party in the House of Representatives of Japan by Aug. 22, 2043, according to the Metaculus prediction community.


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