CoinVoice has recently learned that, according to Japan's Asahi Shimbun on Tuesday, the ruling coalition in Japan may lose its majority seats in the House of Councillors election on July 20. This will increase the risk of political instability as Japan strives to reach a trade agreement with the United States. The ruling party, the Liberal Democratic Party (LDP) led by Prime Minister Shigeru Ishiba, and its coalition partner, the Komeito party, are expected to win about 35 seats in the election on Sunday, which is below the 50 seats the LDP must retain to defend its majority.

The report is based on telephone and online surveys conducted with voters from July 13 to 14, as well as investigations carried out nationwide by the reporter. Due to rising living costs, including a surge in the price of rice, a staple food in Japan, the support rate for Shigeru Ishiba's government has declined. (Jin Shi) [Original link]