The leader of the Japanese ruling party, Suga Yoshihide, promised to remain in his position despite the poor results of his party in the recent mid-term elections that the administration risked holding. Suga called for elections on Sunday after he assumed office on October 1 of this year; however, the voters, dissatisfied after the scandal with bribery, chose his party, the Liberal Democratic Party, which has been ruling in Japan continuously since 1955.
At the same time, forecasts indicate that the coalition under the leadership of the Liberal Democratic Party is losing its majority in the parliament, and Suga promised to stay in power, stating that he would not allow a "political vacuum." He told journalists: "I want to fulfill my duty, protecting the people and Japan." He noted that the main factors impacting the results of the elections were "the detachment of people, dissatisfaction, and anger" due to the scandal, participants of which embezzled funds from events for charity, leading to the resignation of his predecessor, Yoshihide Suga.
The Japanese yen has fallen to its lowest level in three months, dropping more than 1% against the dollar, while the requests for exits from the electoral participants and results presented by the public broadcaster NHK and other information sources showed that the Liberal Democratic Party and its lesser partner in the coalition, Komito, showed the worst results in 15 years.
