Yukio Hatoyama will become the next Prime Minister of Japan with his Democratic Party of Japan (DPJ). Since WWII, Japan has been mainly ruled by the Liberal Democratic Party (LDP). This is a big deal and a big shift within Japan. DPJ has also won about two-thirds of the seats in the Japanese Diet. Hatoyama has an Op-Ed in the New York Times, “A New Path for Japan” which I highly recommend. This is an abridged version of a manuscript which NYT said were circulated in business and diplomatic circles signaling Hatoyama’s policies for his administration.
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