Japanese PM Shigeru Ishiba to resign, big decision to prevent split within ruling liberal democratic party

Japan PM Resignation: Japanese Prime Minister Shigeru Ishiba is set to resign from his post soon. Taking responsibility for the crushing defeat in the parliamentary elections held in July, Shigeru Ishiba announced his resignation today. He will hold a press conference to provide further clarification on this. 

Ishiba has long resisted the demands of his own party's most right-wing opponents. His Liberal Democratic Party is set to decide tomorrow to hold an early election for prime minister. Ishiba is ready to step down before a no-confidence motion is tabled against him.

Remained in office even after a crushing defeat

Despite losing the election, Ishiba remained in office to deal with challenges such as US tariffs. Ishiba suffered a crushing defeat in Japan's key elections. In the parliamentary elections held on July 20, the Liberal Democratic Party and its coalition partner Komeito fell three seats short of a majority in the 248-seat upper house. However, Ishiba did not step down as prime minister.

Lost majority in the lower house last year

Ishiba's party lost its majority in the upper house this year and in the lower house last year. His party lost popularity in the lower house election in October last year. Moreover, he was forced to bow to the opposition to pass the bill in parliament. The reason for the opposition to the Liberal Democratic Party is the rising price of rice and the decline in labor. It has failed to stop the rise in the price of rice, Japan's traditional staple grain, and the decline in employment.