(Bloomberg) — Japanese Chief Cabinet Secretary Yoshihide Suga was elected leader of the ruling Liberal Democratic Party by an overwhelming majority, ushering in the country’s first change of prime minister in almost eight years.
The party, which has ruled mostly uninterrupted since 1955, was set to use its parliamentary majority to install Suga as prime minister in a separate vote Wednesday. Suga’s appointment will bring to an end the record run of his ailing boss, Shinzo Abe, who has served since 2012 and forged an identity on the global stage that the world’s third-largest economy had often lacked.
“I made a late decision to run, but before I knew it I was out in front,” Suga told supporters just before LDP lawmaker started voting. “I would like to create a government that’s trusted by the people.”
A farmer’s son long known as Abe’s back-room fixer, Suga won 377 of the 535 available votes Monday, the LDP said. While Suga headed into a three-way race with little voter support, media polls show the public has also begun to swing behind him. His two rivals were former Defense Minister Shigeru Ishiba — known for his frank criticism of the Abe government — and ex-Foreign Minister Fumio Kishida.
Even before Suga declared his candidacy on Sept. 2, he had the backing of five of the party’s seven factions and enough votes lined up to win. The only factions that didn’t back him were the ones led by the other contenders — Ishiba, with 19 members, and Kishida, with 47.
Meanwhile, Finance Minister Taro Aso stoked speculation about an early general election, saying it could happen “soon” to legitimize the new administration, Kyodo News reported. While Suga has repeatedly said the public doesn’t want to go to the polls during the coronavirus pandemic, a surge in support for the cabinet gave rise to ideas the new premier would call one in the near future.
Suga inherits an economy in a grim state as Covid-19 reverses many of the gains of the past few years, effectively closing down what had been a growing inbound tourism industry. He has pledged to fight the virus while helping businesses stay afloat.
Suga has said he will continue the ultra-easy “Abenomics” monetary policy. He has said that more should be done on monetary and fiscal policy, if needed, to protect jobs and companies during the virus crisis. Suga has said reviving the economy should be prioritized over tackling debt at this point.
Any sign of a departure from the path of Abenomics could send the yen surging and stocks sliding, triggering a re-evaluation of the outlook for the nation.
Though Suga is largely seen as a continuity candidate, he has been outspoken on some issues, including the need for more competition among mobile phone providers. He has said Japan has too many regional financial institutions, and is a strong proponent of introducing casino resorts to bolster tourism.
While Suga has little direct experience in diplomacy, he has said that Japan’s alliance with the U.S. will remain the cornerstone of its foreign policy. He also referred in a policy pamphlet to maintaining relations with neighboring countries, especially its largest trading partner, China.
“Even if the leader changes, we cannot afford to change our posture with the United States,” Ichiro Fujisaki, a former Japanese ambassador to the U.S., told Bloomberg Television. “Being surrounded by North Korea, China and Russia, the U.S-Japan relation has to be the cornerstone of our foreign policy.”
Japan’s governing party has picked him to succeed Shinzo Abe who stepped down due to health reasons.
The rumoured Galaxy S20 Fan Edition is likely to come with Snapdragon 865 SoC, 120 Hz refresh rate display and more.
Driving under the influence of alcohol or drugs could also become punishable with a life sentence.
Islamabad [Pakistan], September 14 (ANI): A fight between Member of the Provincial Assembly Abida Raja’s husband and a Sessions Judge broke out in the Red zone of Islamabad on Sunday.
More than 3,000 Covid-19 cases were recorded in the UK for the third day in a row on Sunday.
However, he made it clear that paying the fine did not mean that he had accepted the judgment of the Supreme Court.
With a median price-to-earnings (or « P/E ») ratio of close to 17x in the United Kingdom, you could be forgiven for…
There are 9,86,598 active cases of COVID-19 in the country, while 37,80,107 people have recovered, the data stated.
Yoshihide Suga to be Japan’s prime minister after winning party voteLiberal Democratic party MPs vote to appoint Shinzo Abe loyalist as party leader
It’s going to be that kind of season.It already is.The perceived worst teams in the NFL either won or challenged to on Sunday. A linebacker was ejected for demonstrating what happened on a play to a game official and making contact with him. A kicker cramped in his calf while attempting a potential tying field goal.Detroit blew a big late lead — oh, wait, that happens all the time — to lose to Chicago. Indianapolis, which did not re-sign likely Hall of Fame placekicker Adam Vinatieri, was victimized by missed field goals against the Jaguars. And nothing bad happened to the Washington Football Team for once.The lack of fans everywhere but Jacksonville due to the coronavirus pandemic was weird enough, particularly in normally raucous places such as New Orleans, Baltimore and Minnesota.“It was one of the strangest experiences I’ve had in the NFL, being in a stadium like this to have memories of some really rocking times,” Aaron Rodgers said after throwing for 364 yards and four touchdowns — he threw for only three scores over his first four visits to U.S. Bank Stadium.While Rodgers and the rest of the Packers were in Minneapolis, their radio broadcast crew did the game from Lambeau Field.Rodgers, 36, hardly was the oldest quarterback in action. In fact, two 40-some codgers were on the same field, 43-year-old Tom Brady for Tampa Bay and 41-year-old Drew Brees in New Orleans. The top two statistical passers in several major categories — and pretty much in silence.“It sort of felt like we were at a Tampa Bay game,” Saints defensive end Cam Jordan said, referring to where empty seats have become a tradition.And this was only Week 1.With no preseason games after a virtual off-season, sloppiness and unpredictability figured to be the norm. That was most true on defence, though seeing Rodgers, Russell Wilson and Lamar Jackson tear it up hardly is unusual.Tackling has been most problematic, although the Rams and Cowboys sure got after each other in the debut of $5 billion SoFi Stadium. That defensive inconsistency won’t change perhaps until October, when teams have gotten in a fair share of hitting. By then, maybe Jacksonville, Washington, Carolina, Cincinnati will show us they really are the weaklings of pro football. Not now.The Jaguars, seemingly eyeing only the future and high draft picks, knocked off Indianapolis. Washington, down 17-0, blitzed once-again injury-battered Philadelphia 27-17.The Panthers fell to Las Vegas — oh yeah, there’s an NFL team now residing in the capital of gambling (Shhh! Don’t tell anyone) — but led in the final minutes and performed admirably in what has looked like a lost cause in Charlotte.Cincinnati was in position to beat the Chargers, but veteran receiver A.J. Green pushed off on a go-ahead TD reception. Then Randy Bullock botched a short tying field goal when his leg gave out as he kicked.“I guess that was surprising for everyone,” Bullock said.Detroit’s Jamie Collins was the unfortunate LB who was kicked out of the loss to the Bears for having his helmet hit the chest of official Alex Kemp during his show-and-tell performance.All of that weirdness stands out in mid-September. Considering the circumstances in 2020, of course, perhaps October through December won’t be much different.Maybe what really should be remembered, though, is what occurred before the games.There will be criticism aimed at the NFL for not having a big enough visual display of its social justice and racial equality initiatives — the fields didn’t look much different; the names of victims of racism and police brutality on the helmets were tiny; the end zone messages also were small. Probably the TV networks will be castigated for not presenting nearly enough detail on who was kneeling during the national anthem or making some other demonstration to support the causes. Quite a few announcers seemed to pay lip service to the pregame machinations, more than eager to get to the passes, runs, tackles and kicks.Most notable, however, was the Seahawks game at Atlanta.Both teams wore armbands honouring civil rights leader John Lewis and staged the most striking of the day’s gestures. After the opening kickoff sailed out of the end zone, the players took a knee, remaining there for about 10 seconds before trotting off the field.“Everybody voted and said we’re going to come together as a unit,” Falcons star receiver Julio Jones said. “Collectively, we can move mountains.”Moving mountains. That would be a good way to remember 2020, wouldn’t it?___More AP NFL: https://apnews.com/NFL and https://twitter.com/AP_NFLBarry Wilner, The Associated Press
To NASDAQ Copenhagen Executive Board Lersø Parkallé 100 DK-2100 København Ø www.rd.dk Telephone +45 7012 5300 Telefax +45 4514 9622 14 September 2020 Company Announcement No 70/2020 Prepayments, Realkredit Danmark A/S Pursuant to §24 of the Capital Markets Act, Realkredit Danmark A/S hereby publishes prepayments as at Friday 11 September 2020. Please find the data in the attached file.The information will also be available on www.rd.dk. Yours sincerelyThe Executive Board Any additional questions should be addressed to Hella Gebhardt Rønnebæk, Chief Analyst, phone +45 4513 2068.Attachments * Nr. 70_Ekstraordinaere indfrielser pr 11.09.2020_uk * Bilag til selskabsmeddelelse nr. 70-2020
New Delhi [India], September 14 (ANI): Odisha Chief Minister Naveen Patnaik on Monday announced that Biju Janata Dal (BJD) MPs in the Rajya Sabha will support to the NDA candidate Harivansh in the election for the post of Deputy Chairman of the House.
Kansas City’s Brady Singer took a no-hitter into the eighth inning Thursday. Then, a night later, Casey Mize began a game with five hitless frames for Detroit.
The new owner of the Cambridge-based chip designer has promised to keep its headquarters in the UK.
Bengaluru (Karnataka) [India], September 14 (ANI): IT major Infosys on Monday announced a definitive agreement to acquire GuideVision, one of the largest enterprise service management consultancy specialised in offering strategic advisory, consulting, implementations, training and support on the ServiceNow platform.
A video of a swan snapping at a woman for not wearing her face mask properly has gone viral on Twitter.
(Bloomberg) — The owner of the New York Sports Clubs chain sought court protection from its creditors, unable to keep up with debt payments after the shutdown caused by the coronavirus outbreak.Town Sports International LLC filed a Chapter 11 bankruptcy petition in the District of Delaware. The move allows the company to keep operating while it works out a plan to pay creditors and turn the business around. It listed both estimated liabilities and assets of $500 million to $1 billion.A number of gym chains were struggling with heavy debt loads even before the virus shuttered the global economy, and now the fitness industry is reeling from forced closures. Gold’s Gym International Inc. sought court protection from its creditors in May. 24 Hour Fitness Worldwide Inc. filed for bankruptcy in June. New York and New Jersey recently allowed fitness centers to re-open, but at limited capacity and with customers and staff required to wear masks.With a loan coming due in November, Town Sports warned in March that there was substantial doubt about its survival. By April, the company was weighing bankruptcy, Bloomberg reported.The filing comes after talks collapsed over financing that would have helped the chain weather the Covid-19 pandemic.Town Sports, which operates the New York, Boston, Philadelphia and Washington Sports Clubs, was previously looking for a financial reprieve through a deal to buy the indoor cycling studio business of Flywheel Sports, which was owned by Kennedy Lewis.The company, which has around 600,000 members, wanted to use part of the financing from Flywheel’s owners to replace its loan due in November. But the earlier plans fell apart, and the loan has been trading for less than 16 cents on the dollar, according to Bloomberg data.New York Sports Clubs began operations as a cluster of squash clubs in the 1970s before introducing exercise classes and expanding up and down the U.S. East Coast.(Adds further details)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
New Delhi [India], September 14 (ANI): Actor Ayushmann Khurrana who ringed into his 36th with a small celebration with his family on Monday, said he will be marking his birthday by putting himself through a gruelling training session to get the desired physique for his role in director Abhishek Kapoor’s next.
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