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abe has spent the past week or so shaping his cabinet. he has filled it with some new faces and some familiar ones. y. shihide suga has taken on the job of cabinet secretary that makes him the head government spokesperson. he announced the roster of ministers. former prime minister taro aso takes the row. he is taking on the post of deputy prime minister, financial services minister. abe will be relying on his long-time ally's experience and economic expertise to help him deal with the persistent problem of deflation. fumio k. ishida is foreign minister. he served in abe's previous cab net. he will have to dial with the relocation of the u.s. marine corps futenma air station, among other issues. itsunori onede virginia. is defense minister. he has chaired a special lower house committee on okinawa and other terrors to and head of the ldp's foreign affairs division. economic revival minister is akira amari and i will spearhead a new task force on that issue and also responsible for the council on economic and fiscal policy, which is being

abe said he will study the issue thoroughly. abe took time this morning for a telephone call with u.s. president barack obama. they talked about meeting next month in washington. it would be abe's first foreign visit after forming a new government. he's made strengthening the japan/u.s. relationship a priority. nhk world has more from washington. >> people in the obama administration place a high priority on stability in the asia-pacific. they have been troubled by increasing tension between japan and china over which country owns the senkaku islands in the east china sea. their concerned thathe conflict i claims allowed to fester could unsettled dynamic in the region. they want to see policies and sophisticated diplomacy to calm the swaituation. they're drawn into military confrontation because of their alliance with japan. >> our message to the new japanese government will be the same as the message to the former japanese government, which is that we want to see both japan and china avoid provocative acts. we want to see them

he declined to elaborate on his discussion with abe. the central bank's policy meeting starts from wednesday. abe repeatedly called for bold monetary easing during his election campaign to help defeat deflation but the boj governor stressed the central bank has been providing the largest amount of market liquidity among advanced countries, implying the boj has already taken sufficient monetary easing. abe told business leaders he plans to pull through on promises and pull japan out of inflation. >> translator: we have to beat deflation, curb the strong yen and grow jobs. we'll do anything to grow the japanese economy. i deeply believe reviving the economy will lead to a stronger japan. >> members of the japan business federation want japanese negotiators to join talks on the transpacific partnership free trade deal. abe said he'll study the issue thoroughly. >>> time to get a check on tuesday's markets. most european shares are higher, tracking gains in new york. investors were fueled by expectations that u.s. lawmakers are close to rea

a letter was handed to abe to request the government action. in the letter, okamura said japan's participation is essentially to make the hopes of people reflected. he called on abe to beef up the competitiveness of the country's farming sector. one of the industries that could be affected by the tpp. some members of the ruling liberal democratic party have voiced opposition to japan's participation in the tpp talks. about 100 members opposing the tpp held a meeting on friday. they said japan's participation could hurt agriculture and health care and insurance. leader of the group said the party should keep its election pledge that it will not accept an accord that would require partners to lift import tariffs without exception. that is all for me. it's back to the main news with gene otani. gene. >> japanese media report is casting doubt on chinese claims to the senkaku islands in the east china sea. chinese government recognized the islands as part of japan in a document more than 60 years ago. the wire service obtained a copy of a draft outl

abe mentions that. however, many voters of the japanese had a hard time to choose a party to vote for and the ldp had a plan to move this country. they had no other choice but the ldp to vote for, i guess. >> liberal democrats held power almost continuously for more than 50 years. what priorities will leader shinzo abe push forward in this administration? >> mr. abe has to push two things, one is social security process coupled with the consumer debt. the other is stimulate the budget economy in japan. however, mr. abe seems to be very careful about running this country and the ldp seems to be very much determined to keep, maintain coalition with the new komeito and from one issue to another, depending the issues, the ldp seems to change the partner for corporations from the new party, restoration or the euro party or even dpj. >> let's talk about the voter turnout. it was the lowest it's been since world war ii. why did so many japanese skip out on casting ballots? >> okay. i think millions of japanese

abe urged the bank of japan governor to set a 2% inflation goal.hat's after a new administration is established. the central bank policy makers say these aggressive measures could be risky, it could have a negative impact on the economy if prices go up without wage increases. they also worry an accord with the government would restrict the central bank's independence in setting monetary policy. >>> in the u.s. president barack obama and republican house speaker john boehner are scrambling to avoid the looming fiscal cliff. they're trying to reach an agreement on how to tax the wealthy. the president offered to limit tax hikes for people earning more than $400,000 a year. instead of his original proposal of $250,000. but republicans are calling for more concessions. >> what we've offered meets the definition of balance. but the president is not there yet. >> boehner said he will submit a bill to the house later this week proposing higher taxes only on people with income over $1 million a year. white house spokesperson jay carney said the two sides a

abe's hawkish stance. and there was some notice the last time he was prime minister his first foreign trip was to beijing to try and mend fences. but this afternoon, he said that will not be the case and instead, his first foreign trip will be to the united states possibly at the end of january or early february to try and mend this u.s.-japan security alliance which forms the framework, in his words, to the relationship with china. so those are some of the initial remarks coming from shinzo abe. his new government will be in place by december 25th. >>> what are you hearing from voters, as well? some of the things going around the market today is this verdict is not so much -- what's the sense, is it excitement about this new party and what they might accomplish or is it frankly just frustration? how much of a mandate will this new coalition have? >> i would highlight the voter turnout rate. it was below 60%. this is a record low in the post war period. although this was a general election and first nation

>> abe has given investors some pretty clear signs. he says he'll push for more economic measures and the results of the election has sent the japanese yen tumbling in major currency. the democratic party will pressure the central bank to ease credit further. earlier on monday in sydney, the dollar briefly rose to the mid-84 level against the yen. that's the highest level in about one year and eight months. on the tokyo foreign exchange, the dollar yen is now trading at 83.99 to 84.01. and the euro also surged against the yen. it's hovering at an all-time high. it's changing hands at 110.01 to 55. let's take a look at things in the stock market. for that we go to ramin mellegard at the new york stock exchange. the election brought big changes. what's happening there, ramin? >> yes, you've gone through some of the currency levels but let's have a look at the opening levels for the nikkei and the topix for december 16. very big gain for the nikkei, 9,888. it did break to 9,500 for a very brief time. we're still up above 1.5%. we've seen

abe filled the cabinet with familiar faces and new ones. he appointed suga as chief cabinet secretary. that makes him the head government spokesperson. aso is his deputy. he will serve as finance minister and financial services minister. the new foreign minister is fumio kishida. he served in the previous cabinet. onodera is defense minister. he's well versed in dip ro mat tick and security issues. he chaired a lower house committee in okinawa and the northern territories. a newly created post for akira amari for the council on economic and fiscal policy which was cut by the previous government. we asked people in central tokyo what they expect from the abe administration. >> translator: i hope it will fix the economy and energize japan. >> translator: i want a new cabinet to use tax-free on the tsunami survivors. i really have a high expectation about this. >> translator: i want a new administration to listen to the voices of young people and do something new because nothing really seems to have changed. >> abe takes charge as japan is emb

abe plans to immediately start forming his cabinet.d a news conference in the evening to lay out his government's visions. the new government is not short on challenges. one urgent task is restoring the country's economy. japan's debt is projected to reach $12.8 trillion by next march. the ratio to the country's gross domestic product is 226%, the worst among developed nations. abe has pledged to halve the fiscal deficit by march 2016. the new government intends to finance its spending without borrowing by fiscal 2020. they hope to achieve the goal by cutting expenses. this would involve squeezing social security costs. all eyes are on whether the government will cut pension payments. japan also plans to double consumption tax to 10% by october 2015. but the international monetary fund says a minimum of 15% is needed for full fiscal rehabilitation. the new government says it will first tackle economic recovery and plans to draft an extra budget for the current fiscal year. >>> populous, prosperous, pushing ahead. china's rise brought i

. >> reporter: prime minister abe is putting everything on the table when it comes to japan's energy policy. he and others in the committee have said they will explore possibilities including restarting nuclear reactors. >> translator: we need to decide our energy policy based on technical assessments. we will not start with the conclusion of halting nuclear power generation by the 2030s. >> reporter: the previous administration led by former prime minister yoshihko noda drafted an energy policy that stated the government would aim to shut down all nuclear plants by the 2030s. before last year's accident in fukushima, nuclear power accounted for 26% of the total energy supply in japan. currently only two out of 50 reactors in the country are online adding a mere 3% to the supply. fossil fuels are taking up the slack. utilities are paying more to import lng or liquefied natural gas to fire thermal plants. many are planning to raise electricity rates to make up for losses. japanese aren't happy about that. and they're also anxious to hear about their new government's energy plans. >> t

abe is set on wednesday to be named japan's new prime minister. the two leaders will try to combat the economic malaise with a large supplementary budget for the fiscal year ending in march. they plan to implement new energy policies and the leaders agreed to encourage a national debate on revising the constitution. abe has prepared to take the reins by filling the ldp's top positions. masahiko komura and shigeru ishiba retained their posts. consumer affairs minister seiko noda as head of the party's general council. and sanae takaichi will change her focus from public relations to become the policy chief. cabinet ministers are falling into place. he selected longtime ally fumio kishida as foreign minister. he served as minister in charge of okinawa and the northern territories. analysts say that he chose him for his experience. the new foreign minister will have to deal with the relocation of the futenma air station in okinawa. abe is pressuring the bank of japan again to swiftly join his government and put an end to deflation. he says it's only

. >> reporter: prime minister abe is putting everything on the table when it comes to japan's energy policy. he and others in the committee have said they will explore possibilities including restarting nuclear reactors. >> translator: we need to decide our energy policy based on technical assessments. we will not start with the conclusion of halting nuclear power generation by the 2030s. >> reporter: the previous administration led by former prime minister yoshihko noda drafted an energy policy that stated the government would aim to shut down all nuclear plants by the 2030s. before last year's accident in fukushima, nuclear power accounted for 26% of the total energy supply in japan. currently only two out of 50 reactors in the country are online adding a mere 3% to the supply. fossil fuels are taking up the slack. utilities are paying more to import lng or liquefied natural gas to fire thermal plants. many are planning to raise electricity rates to make up for losses. japanese aren't happy about that. and they're also anxious to hear about their new government's energy plans. >> t

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he'll deliver a personal letter from abe to park. park said she regards japan as a friendly nation but bilateral relations cooled due to issues including a territorial dispute over the islands in the sea of japan. south korea controls the islands and japan has claimed them for years. now a south korean government report has said for the first time that the military is ready and willing to defend the territory. the defense white paper notes the islands are an inherent part of south korea. geographically, historically and under international law. it features three photos of the islands. one shows the navy staging a drill in nearby waters. the report says the military has a strong willingness to defend the islands and has prepared a deterrent strategy. as in past reports, this latest white paper also uses the phrase enemy to define north korea. it notes the reclusive nation has honed missile technology through several tests and cites analysis of satellite images and concludes that scientists are enriching uranium at a new facility. >>>

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incoming leader shinzo abe met bank of japan governor on tuesday. he said he wants to set an inflation target of 2%. policy makers decided to discuss the inflation target in their next meeting scheduled for next month. >>> after the meeting shirakawa stressed the board members will discuss at length abe's demands. >> translator: we will spend the next month preparing for the discussions. i hope we will reach a conclusion at the next policy meeting in january. there is no final decision at this point. >> abe gave a cautious comment on the bank of japan's decision. >> translator: the central bank is putting into practice one by one what we campaigned for in the lower house election. i hope to see a good outcome from these moves before the upcoming upper house election. we work hard so people won't vote against our party as they did to the democratic party in the recent general election. >> abe may not be completely satisfied with the boj's decision. apparently he thinks the central bank can do more. nhk world's raiko asked the professor at a universit

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says he will visit south korea and deliver a personal letter from abe to park. bilateral relations cooled due to a dispute over the islands in the sea of japan. >>> south korea controls the islands and japan has claimed them for years. now a south korean government report has said for the first time that the military is ready and willing to defend the territory. the defense white paper notes the islands are an inherent part of south korea. geographically, historically and under international law. it features three photos of the islands. one shows the navy staging a drill in nearby waters. the report says the military has a strong willingness to defend the islands and has prepared a deterrent strategy. as in past reports, this latest white paper also uses the phrase enmany toy define north korea. it notes the reclusive nation has honed missile technology through several tests and cites analysis of imaged and scientists in the north are enriching uranium. at a new facility. >>> the defense and foreign policy files are just two in a stack that will be on park's des

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shinzo abe made the claim today. the bank is expected to cut borrowing costs at its rate setting meeting this week. steven, in light of all of this news, kind of goes back to the point that we were just making, that are a lot of central banks trying to use interest rates effectively as a way to depress the value of their currency even though we're seeing better signs in terms of the growth outlook for next engineer? >> i think most central banks are focused on their domestic economy and domestic activity. obviously, the -- i think the risk is looking at its inflation numbers, looking at the economy and interest rates. i doubt that they're explicitly trying to do a bigger thy neighbor policy. although you have to realize that stocks rallies in the course of the year largely for reasons that have nothing to do with the economy. and now with the eurozone looking somewhat better, the save haven is diminishing. >> and talk about the previous that were favorites. what is the policy as we start to look at whether and how ch

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investors bought the dollar against the yen after liberal democratic party leader shinzo abe said his new government may reach an agreement with japan's central bank on an inflation target. there is speculation the central bank may come under further pressure for monetary easing measures. the dollar/yen is currently trading at 84.82 to 85. >> catherine, the incoming leader abe has even mentioned revising the bank of japan law which adds more pressure onto the central bank of japan. now, a bit of background, the boj decided last week to extend its asset purchase program by 10 trillion yen, but many investors think the bank needs to do more, still. let's go to ramin mellegard who is at the tokyo stock exchange to get a check on how all of this is affecting tokyo markets. ramin, good morning. >> good morning to you. markets really keeping a close eye on the weaker yen here, and if it's going to weaken further, in fact, and really that's been leading to the gains in stocks that we've been seeing. i also need to keep an eye on the developments of the u.s. fiscal cliff and whether that's go

van parking quifl facilitation. >> before you is a change to administrative ab-007. the code has changed and the wording, the present code does not mention high top vans any longer. if you are to build a new building now, you would need to have the 98 inch or 8 foot 2 or all accessible parking. so this is just to bring the current code language and the administrative bulletin in line in existing buildings, not new buildings, but existing buildings we can continue to use the existing van spacings that are in the buildings for parking, for the van parking, and it would meet the equivalent -- it would be equivalent to facilitation for existing buildings the way we do it now. that's really what the language is about. >> okay, thank you for updating us on that. do we have to take action on that? no? okay. >> i believe there is action authority, wasn't listed that way, but it is an action item. >> so we'll take public comment first, then. >> is there public comment on item 7? seeing none, is there a motion to approve the administrative bulletin ab-007? >> if there's no obj

seeing none, is there a motion to approve the administrative bulletin ab-007? >> if there's no objection. >> someone --. >> i move to approve. >> second. >> there is a motion and a second and i'll do the roll call vote. the motion carries. >> item no. 7, discussion on progress of recruitment for executive search firm regarding hiring of a permanent director for the department. >> okay, commissioners, thank you. we have a short presentation to hear ted yamagaki was supposed to be here but unfortunately couldn't make it so we as per your directions at the last meeting, we went back with ted and also deputy director pam levin and started vetting the vendors that were proposed last week or last commission meeting last month and from that we short listed it and we're down to two and if i may i'd like to ask pam to come to the mic and kind of give you a little road map briefly on how we got there and then open up for discussion with regard to the two vendors that are in front of us here. personally, i'd like to make that selection and if anybody has any questions we

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seeing none, is there a motion to approve the administrative bulletin ab-007? >> if there's no objection. >> someone --. >> i move to approve. >> second. >> there is a motion and a second and i'll do the roll call vote. the motion carries. >> item no. 7, discussion on progress of recruitment for executive search firm regarding hiring of a permanent director for the department. >> okay, commissioners, thank you. we have a short presentation to hear ted yamagaki was supposed to be

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will make a before prime minister. 47% don't believe neither. 25% preferred abe as prime minister and 25% preferred noda. the approval rating for noda's cabinet is sitting at 20%. this is the lowest it's been since he took office a little more than a year ago. our poll also asked respondents if they plan to vote. 63% say they will cast ballots on election day. that's seven points lower than a poll nhk took at this same point leading up to the lower house election three years ago. >>> this election like any has a lot of moving parts which can coe those who are unfamiliar with the system. so here's how japanese voters make their choices. the diet is made up of the upper house or house of counselors and lower house or house of representatives. the lower house has 480 members and more powerful. in a general election citizens 20 years and older decide on who will sit in it. they can make this choice in two ways. voters mark one ballot to choose the person to represent their electoral district, there are 300 such districts across japan. one member from each earns a place in the lower house

he is shinzo abe, the japanese parliament elected him today five years after abe abruptly resigned from the job. he's japan's seventh prime minister in six years. alex reports from tokyo. >> reporter: a remarkable political comeback is now complete here in japan. shinzo abe is once again prime minister, elected in parliament on wednesday following his party's landslide victory in general elections earlier this month. he has now taken the reins and unveiled his cabinet as well, which includes former prime minister aso who is deputy prime minister as well as finance minister. as the 58-year-old abe returns to the top post he vacated in 2007, his to-do list this time is very long. front and center is the economy, which has sputtered along in japan for the better part of two decades and is in recession once again. many will be watching to see how abe handling heightened tensions with china, as the two countries spar over disputed islands, as well as north korea, which defied the international community recently launching a rocket that skirted japanese territory. there's also japan energy po

bank of japan may take additional monetary easing measures when the liberal democrats leader shinzo abe assumes power in a week. analysts say buy orders placed on a wide range of issues. export-related issues were also bought on hopes that u.s. democrats and republicans may reach an agreement to avoid the so-called fiscal cliff. >> translator: i think many people are pinning their hopes on mr. abe to revive the japanese economy, because his party won a landslide victory in the election. >> translator: i'm not sure whether this upbeat trend will continue or it's just temporary. i'm concerned the u.s. fiscal cliff may have a downward effect. >> market players are, for the time being, are cheering the bold monetary easing measures put guard by the democratic liberal party leader. however, some say measures by the central bank may not be enough to pull japan out of its prolonged deflation. there are also concerns that price hikes without wage increases could dampen consumer spending and that could eventually pull down the country's economy. gee the global campaign to end polio have become t

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voters in japan have chosen a new prime minister, shinzo abe. he led the liberal democratic party back to power on sunday, in a landslide victory. abe has pledged to ease monetary policy to pull japan out of its fourth recession since 2000. he also vowed to take a firm stance on territorial disputes with china. abe served as prime minister once before, but he quit in 2007, citing ill health. opponents of egyptian president mohammed morsi are sounding the call for nationwide protests again tomorrow against a constitution drafted by islamists. the opposition was bolstered after saturday's first round of voting on the document. only about a third of eligible voters turned out, as 57% approved the draft-- a much lower level of support than predicted. the second round of voting is saturday. those are some of the day's major stories. now, backo juy. >> woodruff: and we pick up now on some of the major questions being asked about guns, mental health and other issues in the aftermath of the shootings. we get four perspectives. dan gross is the president

it might be just talk ahead of an election, but abe was prime minister in 2006. his first foreign trip was to beijing to try and mend fences as repeated trips, a true comeback analyst say would be if abe the campaigner were quite different from abe the leader. >>> staying in the region now, nearby, the bank of korea has decided to keep interest rates on hold 2.75%. it was largely expected, but the next move isn't to easy to predict. cherry kang has more for us live from seoul. what are you hearing over there? >> this was the second straight month that the key rate is untouched. the bok tends to shy away from adjusting the key rate ahead of a presidential election which will be held next wednesday here in south korea, as well. now, so much for, say, this is to give room for policy changes from the new president who will take the top office next february. plus, many observers are saying the bok may have wanted to wait it out to see the effects of two previous cuts of this year back in july and october. although domestic demand remains sluggish still capping spendin

abe has been talking about reviving the economy and investors are still a little more optimistic. the nikkei average has climbed to a 21 month high. that's against the u.s. dollar. good for japanese exporters. a former adviser to the japanese foreign ministry says that abe will have a tough time fixing the economy because a, japan's because of japan's large budget deficit. >> the japanese fiscal cliff will be larger than the one in the united states, because japan's financial burden is considerably heavier than the other developed nations. in order for japan to put its fiscal house in order to, japan is launching a tax hike soon. there's one important condition for japan to do that. that is to observe stable growth by the time the taxes will be raised. this government, it has to be eager to boost its economy so that you can see an uptick of growth in the first half of next year. >> toyota is having its largest ever safety crisis, but it will cost more than a billion dollars. japanese automakers selling with customers in the u.s. will say that their vehicle suddenly exploded for no

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you are working the hips, quads and abs, but shoulders.f women talk about this part of the arm. >> a lot of women talk about this flap. >> it works the shoulder. it gives you that nice v look. >> what do we do for the arms? >> the triaccept kick back. go from here to a shoulder press. go right to a shoulder press. >> let's move quickly to the push up. >> you are going to love this one. this is a jump squat push up. up, push down. >> this is like military training. >> do two of these, you burn out. you tell someone you want to do ten. do two or three and you are burned out. >> it gets your heart rate up. >> the wellness tip of the week. >> we are going to engage in the spirit. >> what spirit. >> a little bit. when you are doing that, make sure you drink water after you take a drink. after you finish your party, walk for 30 minutes to let that stuff diffuse through the system. >> walk right to the bedroom. >> 30 minutes. >> thank you so much. >> thank you. >> great ideas for keeping the pounds off this holiday season. >>> coming up, it's 11:

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. >> one of noda's main opponents, liberal democratic party leader shinzo abe, said nuclear power should not be a matter of black or white. >> translator: after experiencing such a severe nuclear accident, we've all decided that japan should depend on nuclear power as little as possible. but the ldp's position is not to simply say let's go nuclear-free. that's because we're a responsible party. >> abe said the real issue is how to secure enough electricity. he added it would be unreasonable to rely on renewable energy sources as they have yet to be fully developed. the leader of the newly formed tomorrow party, yukiko kada, called for an end to nuclear power generation within a decade. she added her party would push for electricity conservation measures and the development of alternative sources of energy. japan restoration party leader and former tokyo governor shintaro ishihara said people who talk about reducing nuclear power should think first about the country's energy mix. he called for simulations to determine whether japan can afford to shut down its nuclear plants. official camp