Fujitsu Research's Schulz on Japan Election, Economy

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July 12 (Bloomberg) -- Martin Schulz, senior economist at Fujitsu Research Institute in Tokyo, talks with Bloomberg's Linzie Janis about Japan's politics and implications for the economy. Japan’s Prime Minister Naoto Kan lost control of parliament’s upper house, undermining legislative efforts to cut the world’s largest public debt and creating the possibility of a third leadership change in a year. The ruling Democratic Party of Japan won 44 seats, compared with 51 for the opposition Liberal Democratic Party, according to results compiled by public broadcaster NHK. (Source: Bloomberg)

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