Japan PM dissolves parliament, planning Dec. vote

[Psalm 51:17]

http://news.yahoo.com/japan-pm-dissolves-parliament-planning-dec-vote-070249690.html

11/16/12

TOKYO (AP) — Prime Minister Yoshihiko Noda dissolved the lower house of parliament Friday, paving the way for elections in which his ruling party will likely give way to a weak coalition government divided over how to solve Japan's myriad problems.

Noda followed through on a pledge to call elections after the opposition Liberal Democratic Party agreed to back several key pieces of legislation, including a deficit financing bill and electoral reforms. The Cabinet was expected to quickly announce elections for Dec. 16.

Noda's Democratic Party of Japan has grown unpopular thanks to its handling of the Fukushima nuclear crisis and especially its recent doubling of the sales tax. The elections will probably end its three-year hold on power.

The LDP, which led Japan for most of the post-World War II era, may win the most seats in the 480-seat lower house, though polls indicate it will fall far short of a majority. That could force it to cobble together a coalition of parties with differing policies and priorities.

A divided government could hinder decision-making as Japan wrestles with a two-decade economic slump, cleanup from last year's nuclear disaster, growing national debt and a rapidly aging population — not to mention a festering territorial dispute with China that is hurting business ties with its biggest trading partner. Japan must also decide whether it will follow through with plans to phase out nuclear power by 2040 — a move that many in the LDP oppose.

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