Monday, July 22, 2013

Japan's Abe to Push Ahead with Reforms

Japanese Prime Minister Shinzo Abe has pledged to push ahead with painful reforms labeled, "Abenomics," to pull Japan out of two decades of an ailing economy and political gridlock.

Speaking to a news conference Monday, a day after winning a sweeping victory in parliamentary elections, Abe said what the people really want across the country is for the economy to recover.

Abe told reporters that Japan faces a slew of difficult problems, but those issues must be tackled for the sake of the country.

The Japanese leader's Liberal Democratic Party and its smaller partner, the New Komeito party, ended years of opposition control of the upper house by gaining 76 of the 121 seats contested Sunday. The coalition now has 135 seats in the 242 seat house, giving the parties a mandate in both houses.

Source: http://www.voanews.com/content/japans-abe-to-push-ahead-with-reforms/1706437.html

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