Japan’s new prime minister to tackle economic recovery

Yoshihiko Noda is elected

Outgoing prime minister Naoto Kan and his cabinet on Monday shared opinions on the "current progression of the appreciating yen and the future risks".

In a brief statement it was revealed that the government had laid out some "basic views and issues for consideration so that the next cabinet would be able to quickly work to address countermeasures against yen appreciation in light of future market trends".

Incoming prime minister Yoshihiko Noda, who was Japan's finance minister until August 30

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