Japan's Abe, headed for longest premiership, seeks stability in Cabinet rejig

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TOKYO (REUTERS) - Japanese Prime Minister Shinzo Abe will likely pick a former Olympic speed skater to prepare for the 2020 Games and keep allies in key posts in a Cabinet reshuffle on Wednesday (Sept 11) as he readies a tax rise and aims to revise the pacifist constitution.. Read more at straitstimes.com.

TOKYO - Japanese Prime Minister Shinzo Abe will likely pick a former Olympic speed skater to prepare for the 2020 Games and keep allies in key posts in a Cabinet reshuffle on Wednesday as he readies a tax rise and aims to revise the pacifist constitution.

Mr Aso must help ensure the economy weathers an October increase in the sales tax to 10 per cent from 8 per cent that could dampen consumption when a US-China trade war is clouding growth. But Mr Motegi will probably stay in charge of trade talks with the United States ahead of a deadline for a deal later this month, media reported.

"Abe's keeping control and it's his people running the show", said Jesper Koll, senior adviser at asset manager WisdomTree Japan. Mr Abe, whose third consecutive term as Liberal Democratic Party president ends in Sept 2021, has made clear he intends to pursue his goal of revising the post-war, US-drafted constitution to clarify the status of the military.

 

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