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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Search Search: Hatoyama Japan's prime minister, names Cabinet By ERIC TALMADGE,Associated Press Writer AP - Thursday, September 17 TOKYO - Longtime opposition leader Yukio Hatoyama was elected prime minister and installed his new Cabinet Wednesday, promising to reinvigorate Japan's economy and shake up government with his left-of-center party after more than 50 years of nearly unbroken rule by conservatives. ADVERTISEMENT Hatoyama's victory marks a major turning point for Japan, which is facing its worst economic slowdown since World War II, with unemployment at record highs and deflation intensifying. But concerns ran deep over whether the largely untested government would be able to deliver. Hatoyama has vowed to cut government waste, rein in the national bureaucracy and restart the economy by putting a freeze on planned tax hikes, removing tolls on highways and focusing policies on consumers, not big business. He has also pledged to improve Tokyo's often bumpy ties with its Asian neighbors and forge a foreign policy that is more independent from Washington. "I am excited by the prospect of changing history," Hatoyama said early Wednesday. "The battle starts now." Parliament convened in a special session to formally select Hatoyama, whose Democratic Party of Japan won a landslide in parliamentary elections last month to take control of the body's lower house, which chooses the prime minister. Hatoyama's party won 308 of the 480 seats in the lower chamber to oust Prime Minister Taro Aso's Liberal Democratic Party, which is conservative and staunchly pro-U.S. In Wednesday's parliamentary vote to choose the prime minister, Hatoyama won 327 of the 480 votes in the lower house. He needed a simple majority of 241 votes. Quickly after his election, Hatoyama named Katsuya Okada as his foreign minister and Hirohisa Fujii as his finance minister. Though Okada has never held a Cabinet post, Fujii was finance minister under a coalition government in 1993-94, the only time in its 55-year history that the Liberal Democrats had previously been ousted from power. Hatoyama, who has a Ph.D from Stanford University and is the grandson of a conservative prime minister, had a limited pool of seasoned politicians to choose from. His party, created a decade ago, has never held power, and nearly half of the Democrats' members of the lower house will be serving in their first terms in parliament. But Hatoyama and his party, a mix of defectors from the conservative party and social progressives, face huge tasks that they must deal with quickly. Although it has recently shown some signs of improvement, Japan's economy remains deeply shaken by the global financial crisis and unemployment is at a record high of 5.7 percent. The rapid aging of its population also threatens to be a drag on public coffers as the number of taxpayers decreases and pension responsibilities swell. "The economy is in very difficult shape, so we must work hard to improve it," said Mieko Tanaka, one of the Democratic Party's new lawmakers. Voters expressed hope for change and an upturn for the economy. "I think it is good that now we are trying something new to change the stagnation," said Osamu Yamamoto, a 49-year-old company employee. Experts said they had doubts about how effective the new government will be. "People and employment problems _ these are urgent needs," said Yoshinobu Yamamoto, a professor of international relations at Tokyo's private Aoyama Gakuin University. "The new government needs to decide on its priorities." Hatoyama will also be tested quickly on the diplomatic front. He has said he wants to attend the General Assembly in the United Nations in New York next week and possibly meet with President Barack Obama. Hatoyama has said he wants to build a foreign policy that will put Tokyo on a more equal footing with Washington, while keeping the U.S. as the "cornerstone" of Japan's diplomacy. He is also seeking closer ties with Japan's Asian neighbors, particularly China. Some members of Hatoyama's party have said they want to overhaul the U.S.-Japan security alliance under which 50,000 troops are deployed throughout Japan. That idea has met with strong opposition from Washington, although plans are already under way for 8,000 Marines to be relocated from the southern island of Okinawa to the U.S. territory of Guam. ___ AP writers Malcolm J. Foster and Kaori Hitomi contributed to this report. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: Asia Pacific US ambassador walks streets of KabulAP - 1 hour 44 minutes ago Rights group: Free Myanmar prisoners before pollsAP - 2 hours 1 minute ago Chinese envoy holds talks in North KoreaReuters - 2 hours 22 minutes ago Military van shot near US gold mine in IndonesiaAP - 2 hours 37 minutes ago SKorea: Any US-NKorea talks must deal with nukesAP - Thursday, September 17 Most Popular – Asia Pacific Viewed Mafia sank boat with radioactive waste: official 'Dirty Dancing' star Patrick Swayze dead at 57 Obama lashes out at Wall Street Iraq shoe-thrower flies out after release Remains of Jesus-era synagogue found in Israel View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. 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