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Japan finmin Noda wins run-off vote for PM
Finance Minister Yoshihiko Noda will become Japan's next Prime Minister after defeating Trade Minister Banri Kaieda in the run-off vote ruling party leadership run-off vote on Monday.
Updated on: Aug 29, 2011, 11:39:52 IST
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Finance Minister Yoshihiko Noda will become Japan's next Prime Minister after defeating Trade Minister Banri Kaieda in the run-off vote ruling party leadership run-off vote on Monday.
Noda, who came second in the first round of voting, got 215 votes and Kaieda 177.
Noda is seen more likely than Kaieda to tackle Japan's massive public debt, which is double the size of the $5 trillion economy, and he has been financial markets' preferred candidate to succeed outgoing Prime Minister Naoto Kan.
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