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Japan’s ruling party elects Shigeru Ishiba as new prime minister

  • Shigeru Ishiba won the Liberal Democratic Party leadership election on Friday, positioning him to become Japan’s next prime minister.
  • Ishiba will take office after Fumio Kishida resigns on Tuesday amid corruption scandals affecting the LDP's trust.
  • As party leader, Ishiba must enhance the LDP’s image before general elections next year while addressing rising living costs.
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Financial Times broke the news in London, United Kingdom on Thursday, September 26, 2024.
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