The Presidential Daily Brief

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  1. Japan Grapples With Economic Upheaval

    Prime Minister Shinzo Abe has dissolved Japan’s lower house of parliament in the lead-up to a snap election expected to take place on December 14. With growing alarm over the sliding value of the yen and Japan’s unexpected lapse into recession, the election is being seen as a referendum on his “Abenomics” revival strategy. Weakening the currency was a key part of the plan, but with the dollar gaining by ten yen this month alone, the government now seems to be slamming on the brakes.

    Al Jazeera, WSJ

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