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  • Japanese Finance Minister Yoshihiko Noda bows after his election by party lawmakers as the new leader of the Democratic Party of Japan on Monday, Aug. 29, 2011, in Tokyo. Mr. Noda's election paves the way for him to be Japan's next prime minister. (AP Photo/Hiro Komae)

    Japan's finance minister faces challenges as next leader

    Japan's finance minister was voted ruling party leader Monday and soon will be the prime minister, taking on a mind-boggling mix of challenges: tsunami recovery, a nuclear crisis and a bulging national debt, to name a few.

  • Japanese Prime Minister Naoto Kan bows after giving a speech at the Democratic Party of Japan lawmakers' meeting in Tokyo, Friday, Aug. 26, 2011. Kan announced he was resigning after almost 15 months in office amid plunging approval ratings over his government's handling of the tsunami disaster and nuclear crisis. (AP Photo/Koji Sasahara)

    Japan PM resigning amid sinking public confidence

    Japanese Prime Minister Naoto Kan announced Friday he would resign after almost 15 months in office amid plunging approval ratings over his government's handling of the tsunami disaster and nuclear crisis.

  • ** FILE ** In this May 31, 2011, photo released Saturday, June 4, 2011, by Tokyo Electric Power Co. (TEPCO), a worker climbs scaffoldings set up around the decontamination device, having functions of nuclide adsorption and coagulation settling in the newly built radioactive water processing facilities at Fukushima Dai-ichi nuclear power plant in Okuma, Fukushima prefecture, northeastern Japan. (AP Photo/Tokyo Electric Power Co.)

    Japanese debate whether to restart nuclear reactors

    Japan's nuclear industry is eager to restart reactors shut down for maintenance or switched off after the March 11 earthquake and tsunami caused explosions and meltdowns at a power plant in the northeast and sparked a nationwide panic over radiation exposure.

  • ** FILE ** In this May 31, 2011, photo released Saturday, June 4, 2011, by Tokyo Electric Power Co. (TEPCO), a worker climbs scaffoldings set up around the decontamination device, having functions of nuclide adsorption and coagulation settling in the newly built radioactive water processing facilities at Fukushima Dai-ichi nuclear power plant in Okuma, Fukushima prefecture, northeastern Japan. (AP Photo/Tokyo Electric Power Co.)

    Water cleanup system shut down at Japan nuke plant

    A system to clean massive amounts of contaminated water at the site of Japan's nuclear disaster was shut down Saturday, just hours after it began full operations, because a component filled with radioactivity much more quickly than expected.

  • Japan: China rare-earth ban could hurt economy

    China's ban on shipments to Japan of rare-earth metals that are crucial for advanced manufacturing threatens to undermine the Japanese economy, a top finance official said Tuesday amid a territorial row between the rival Asian powers.

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