Japan New Minister

Japan has appointed a new Prime Minister, the sixth in five years. Already, the former finance minister, Yoshihiko Noda, could formally get the job. The challenges are enormous and Noda faces include primarily the help Japan recover from devastating natural disasters related to nuclear power. The problem is that in Japan there is no leadership, no consistency to follow. According to the final solution could be Noda.

The most important issues are the recovery from the tsunami and a too strong yen, which affects the power of the nation and the strength of the Nipponese companies. The politicians up to now have not been able to show any clear direction on what to take in the coming months on. For Japan is at stake in these days could not be higher.

Almost six months after the tsunami that devastated the country, the government has yet to begin rebuilding in earnest and continues to leak radiation. The opposition strategy is to tie the legislation, Japan is in a political deadlock that discredits the government. Noda for his part promised to work with the opposition.

Another serious problem is the yen, as strong as ever in recent decades, which is damaging the competitiveness of exports. Noda is the finance minister, knows everything about the situation of the Japanese currency, then the markets would be likely to welcome his election. Luna fundamental part of the work of Noda will be to raise taxes to finance reconstruction after the tsunami. Obviously this will not improve the economy of Japan, but for many it is essential.

Noda will replace the former Prime Minister Naoto Kan, even after 15 months in office, which has been criticized for his handling of the disaster of March. We'll see what happens.