Source Pravda.Ru

Japan parliament reelects Koizumi as prime minister

Japan's parliament confirmed Junichiro Koizumi as prime minister on Wednesday special session, clearing the way for him to press on with a reform program including privatization of the postal system after his party's landslide election victory this month.

Koizumi, who first took office in April 2001, was chosen leader by members of the 480-seat lower house, where his Liberal Democratic Party (LDP) took a commanding 296 seats in the September 11 general election, ensuring he would remain prime minister.

Koizumi called the election after rebels in his own party voted with the opposition in the upper house to kill bills to privatize Japan Post, a financial services giant with $3 trillion (1.66 trillion pounds) in assets.

He had cast the election as a referendum on postal privatization, which he considers the core of his reform agenda.

Ahead of the parliamentary vote, all members of Koizumi's cabinet tendered their resignations, but all were expected to be reappointed later in the day.

The bills are expected to be voted on in October and look certain to get through. Parliament will sit until November 1.

"Enactment of postal privatization bills is the top item on the agenda," LDP secretary general Tsutomu Takebe told reporters, reports Reuters.

Koizumi said he would keep the same Cabinet until the passage of closely watched postal privatization legislation. Media reports have said he plans to shuffle the Cabinet in November.

Privatization of the postal service was to be the centerpiece of the special session of parliament to start later Wednesday. The government was expected to submit its proposals next week, aiming at a vote in mid-October.

The top opposition Democratic Party of Japan, in disarray following its devastating defeat last week, was expected to come up with its own proposal.

The Koizumi plan would privatize the postal system by 2017. Under the original bills, the 10-year privatization process was slated to start in April 2007, but the political wrangling over the package has forced the government to delay the launch for some six months, and reports say another delay is possible into 2008, informs ABC.

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
Comments
Russia starts transforming Syria
Russia starts transforming Syria
Russia starts transforming Syria
Russian athletes announce their decision about 2018 Winter Olympic Games
Russia starts transforming Syria
Russia starts transforming Syria
Bloomberg makes gloomy forecast of brightless future for Russia
Bloomberg makes gloomy forecast of brightless future for Russia
Bloomberg makes gloomy forecast of brightless future for Russia
Human Organs Trafficking Prospers Amid Crisis
Bloomberg makes gloomy forecast of brightless future for Russia
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Russia to spend trillions to upgrade its army and navy before 2027
Russia to spend trillions to upgrade its army and navy before 2027
Capitalism reduced Indonesian cities to infested carcases
How Gaddafi’s Great Man-Made River Project became part of Water Wars
Russia to spend trillions to upgrade its army and navy before 2027
Russia to spend trillions to upgrade its army and navy before 2027
Unveiled: Secret Pentagon UFO program. From science fiction to science fact
Treasure of Catherine II times found in city centre of Moscow
Riots spark in Ukraine again, but people will not die for idiots this time