JAPAN: Abe government faces political gridlock

Updated July 30, 2007 20:03:41

Japanese prime minister Shinzo Abe has ruled out resigning or calling for a fresh election following his Liberal Democratic Party's landmark defeat in Sunday's elections. For the first time in nearly a decade, the main opposition Democratic Party of Japan is in control of the upper house. Mr Abe has insisted he will stay on, to push forward with his agenda for reform.

Presenter: Corinne Podger
Speakers: Robert Feldman, chief economist at Morgan Stanley in Tokyo

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