Shigeru Ishiba, former Japanese defence minister, announced his candidacy for the Liberal Democratic Party leadership election set for September 27. This vote will decide the successor to Prime Minister Fumio Kishida. Ishiba supported gradually raising interest rates to normalise Japan’s monetary policy, aiming to lower prices and boost industrial competitiveness, following Kishida’s decision to step down.
Ishiba announces bid to succeed Kishida as Japan’s leader
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