Japan’s Cabinet resigns to make way for new PM

December 26, 2012 • Business

Japan’s prime-minister-to-be Shinzo Abe arrives at the parliament for the special diet session in Tokyo, Wednesday, Dec. 26, 2012. Capitalizing on the Democrats’ failure to improve the economy and its perceived lack of strong leadership, Abe led the Liberal Democratic Party to victory in parliamentary elections Dec. 16. Abe was to be named prime minister later Wednesday. He was also prime minister in 2006-2007. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, HONG KONG, JAPAN, SOUTH KOREA AND FRANCE

TOKYO (AP) — Prime Minister Yoshihiko Noda’s Cabinet resigned Wednesday to clear the way for a vote in parliament to formally install the nation’s new leader, Shinzo Abe, a conservative whose nationalist positions have in the past angered Japan’s neighbors.

Noda’s fall ends more than three years at the helm for the left-leaning Democratic Party of Japan and brings back the more conservative, pro-big business Liberal Democratic Party, which governed Japan for most of the post-World War II era until voters fed up with scandals and Japan’s Login to read more

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