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  • Japan PM Shinzo Abe dissolves lower house of parliament, calls snap election amid challenge from new opposition party

Added at 11:32pm

  • PM Abe dissolves lower house for snap election

    From mainichi.jp

    Prime Minister Shinzo Abe dissolved the House of Representatives on Sept. 28 for a snap general election. At an extraordinary Cabinet meeting later in the day, the government will approve a schedule under which official campaigning will kick off on Oct. 10 for an Oct. 22 election.

what does that mean? is it good for JPY?
Quoting sam960
what does that mean? is it good for JPY?
Bad
It doesn't mean anything. Follow the technicals more than the fundamentals. This is what the big boys do. The rest is just noise.
Lost....
what would be the reason for japan to call a snap election? do they not have scheduled elections? (ignorant foreigner)
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Normally a party in power will only call a snap election if it thinks there is a good chance for it to gain a stronger position against the opposition.
Quoting cyguy
what would be the reason for japan to call a snap election? do they not have scheduled elections? (ignorant foreigner)
Shinzo Abe is facing no-confidence from the people. If elected again will restore his mandates.
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  • Story Stats
  • Posted: Sep 27, 2017 11:25pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 6  /  Views: 3,376