Japan’s New PM Ishiba Unveils Cabinet Ahead of Snap Election

Japan's new Prime Minister Shigeru Ishiba arrives at the prime minister's office in Tokyo on October 1, 2024. (AFP)
Japan's new Prime Minister Shigeru Ishiba arrives at the prime minister's office in Tokyo on October 1, 2024. (AFP)
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Japan’s New PM Ishiba Unveils Cabinet Ahead of Snap Election

Japan's new Prime Minister Shigeru Ishiba arrives at the prime minister's office in Tokyo on October 1, 2024. (AFP)
Japan's new Prime Minister Shigeru Ishiba arrives at the prime minister's office in Tokyo on October 1, 2024. (AFP)

Japan's new Prime Minister Shigeru Ishiba on Tuesday unveiled his cabinet as he seeks to heal party divisions and secure a national mandate with an Oct. 27 snap election.

The 67-year-old former defense minister, who last week won a close-fought contest to lead the ruling Liberal Democratic Party (LDP), was confirmed earlier in the day as prime minister by parliament.

He is scheduled to hold his first press conference later in the day in Tokyo.

The Ishiba administration's approach to diplomacy with Japan's closest ally, the United States, will be in focus, as he has repeatedly called for a more balanced relationship with Washington.

He has also proposed creating an Asian version of the collective security group NATO to deter China, an idea that could draw ire from Beijing and has already been dismissed by a senior US official as hasty.

Ishiba must quell simmering anger over rising living costs and his scandal-plagued party, and navigate a volatile security environment in East Asia fueled by an increasingly assertive China and nuclear-armed North Korea.

The veteran lawmaker, seen as somewhat of a party outsider who failed at four previous leadership bids, has named a mixture of rivals and allies to cabinet posts.

It includes two leadership rivals in key positions, Katsunobu Kato as finance minister and Yoshimasa Hayashi to stay on as chief cabinet secretary, a post that includes the role of top government spokesman, the government announced.

Kato's appointment to the finance ministry will be closely watched given he served in key positions in former premier Shinzo Abe's administration, which pursued expansionary fiscal and monetary policies.

The Nikkei stock index fell nearly 5% on Monday in reaction to a surging yen following Ishiba's win over Sanae Takaichi, a monetary dove and fiscal expansionist, in Friday's leadership contest. The index recovered ground on Tuesday.

A close Ishiba ally, Takeshi Iwaya, a former defense chief, will take over as foreign minister, while Gen Nakatani will return to the defense ministry, a position he held in 2016. Yoji Muto, a former junior minister, will take charge at the economy, trade and industry ministry.

In his victory speech on Friday, he spoke about the need to beef up Japan's security after recent territorial incursions by Chinese and Russian military vessels.

OUTSIDE THE TENT

Five of the lawmakers who contested the leadership race with him have not been included in his government nor given key party jobs.

Among them is Takaichi, a hardline conservative he beat by 215 votes to 194 on Friday in the closest leadership election in almost seven decades. Local media reported she had declined a senior party post.

That could make it difficult for Ishiba, a perennial favorite in public opinion polls, to manage a fractious ruling group roiled by scandals including unrecorded donations at fundraising parties.

Yoshihiko Noda, the leader of the largest opposition party the Constitutional Democratic party of Japan, said it planned to attack the LDP over its scandals in the upcoming election.

"We cannot establish proper governance through a pseudo-regime change," Noda said on public broadcaster NHK.

But despite its troubles, the party which has ruled Japan for most of the post-war era remains likely to hold on to power in the upcoming election given Japan's weak opposition.

A third of respondents to a weekend poll by the Mainichi newspaper said they supported the LDP, versus 15% for the main opposition Constitutional Democratic Party of Japan.

More than half of the respondents, including those who supported opposition parties, said they were optimistic about Ishiba's appointment.



Russia Boosts Defense Spending by 23%

Russian President Vladimir Putin chairs a meeting via video link on Monday (AFP)
Russian President Vladimir Putin chairs a meeting via video link on Monday (AFP)
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Russia Boosts Defense Spending by 23%

Russian President Vladimir Putin chairs a meeting via video link on Monday (AFP)
Russian President Vladimir Putin chairs a meeting via video link on Monday (AFP)

Russian state expenditure on national defense is set to rise by 23% in 2025, reaching 13.5 trillion roubles (145.32 billion dollars), up from 10.8 trillion roubles in 2024, figures showed after the Russian government on Monday submitted its draft budget to the State Duma, the lower house of parliament, for review.

Russia has already ramped up its military spending over the past two years to support military operations in Ukraine.

The Kremlin has largely redirected its economy toward war efforts, upgrading its armed services and hiring thousands of new forces.

In 2024, Russia’s spending on defense increased by almost 70% compared to the previous year, representing 8.7% of GDP, according to President Vladimir Putin, in a precedent in modern Russian history.

According to the Finance Ministry, the priorities of the budget include social support for the people, a financial support for defense and security of the country, in addition to funding for technological leadership.

The Ministry said federal spending will grow to 41.500 trillion roubles (around $446 billion) in 2025, almost 12% more than this year.

It then showed how the funds will be allocated. “Funds have already been earmarked for supplying weapons and military equipment to the Armed Forces, the payment of monetary allowances and support for our defense enterprises,” it said.

Russian presidential spokesman Dmitry Peskov said, “All of President Putin’s instructions are reflected in this draft budget,” without further details, according to AFP.

In mid-September, Putin has confirmed that defense spending will remain a priority in the country's new budget.

In a sign that military spending will not decrease in the coming months, the Russian President ordered the country’s military to increase its number of troops by 15% to a total of 1.5 million.