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Japanese Emperor Akihito will make a rare video address to the nation on Monday in which the 82-year-old monarch is expected to outline his concerns that he cannot do his job fully but avoid saying outright that he wants to abdicate.
Japanese Emperor Akihito
Public broadcaster NHK reported last month that Akihito http://www.cheapairmax97outlet.com/ , who has had heart surgery and been treated for prostate cancer, wanted to step down in a few years - a move that would be unprecedented in modern Japan.
Once considered divine, Japan’s emperor is defined in the constitution as a symbol of the “unity of the people” and has no political power. He is therefore unlikely to state outright that he wants to step down, which could be interpreted as interfering in politics.
Akihito is said to feel strongly that an emperor’s full performance of his duties is integral to his constitutional role as a symbol of the people’s unity, according to monarchy experts.
Opinion polls show the vast majority of ordinary Japanese sympathise with the emperor’s desire to retire, but legal changes would be needed to allow him to do so.
The idea has sparked opposition from Prime Minister Shinzo Abe’s conservative base silver pink air max 97 outlet , who worry debate on the imperial family’s future could widen to the topic of letting women inherit and pass on the throne, anathema to traditionalists.
Akihito has been cutting back on official duties recently, his place taken by his heir, 56-year-old Crown Prince Naruhito.
Naruhito has only one daughter. Since only males can inherit the Chrysanthemum Throne, the throne after Naruhito would pass to his brother, Prince Akishino white air max 97 outlet , and then to nine-year-old nephew Hisahito.
Others worry that devoting political energy to discussing abdication could sidetrack Abe’s push to revise the U.S.-drafted pacifist constitution, seen by many conservatives as a symbol of Japan’s humiliating defeat in World War Two.
Akihito ascended the throne after the death of his father, Hirohito, in whose name Japan fought the war. He has sought to soothe the wounds of the conflict in Asia and tried to bring the monarchy closer to the people.
The emperor’s recorded remarks will be aired at 3 p.m. (0700 London time), only the second time Akihito has addressed the public in such a fashion. The first was after a massive earthquake, deadly tsunami and nuclear disaster hit northeast Japan in March 2011.
Abe is expected to issue a statement saying he takes the emperor’s remarks seriously pink air max 97 outlet , domestic media reported, in remarks carefully worded to avoid appearing to politicize the issue.
NEW YORK, Nov. 30 (Xinhua) -- U.S. stocks ticked down Monday, the last trading day for November, as investors awaited a key jobs report released later this week.
The Dow Jones Industrial Average fell 78.57 points, or 0.44 percent black air max 97 outlet , to 17,719.92. The S&P 500 lost 9.70 points, or 0.46 percent, to 2,080.41. The Nasdaq Composite Index dipped 18.86 points, or 0.37 percent air max 97 shoes outlet , to 5,108.67.
With no major economic data due out Monday, investors were looking to Friday's November employment data. This is the last jobs report for the year and has a sway over the U.S. Federal Reserve's decision on its interest rates at its December meeting.
On Thursday, the European Central Bank (ECB) is expected to expand its monetary easing program and cut its negative deposit rate further.
"This is a huge week. The ECB has dropped hints suggesting it will cut interest rates at its policy meeting Thursday, while Friday's November employment report could ice the Fed's decision to raise interest rates in two weeks," said Chris Low wholesale air max 97 outlet , chief economist at FTN Financial.
European equities closed mixed Monday as investors eyed the ECB's policy meeting. Germany's benchmark DAX index at the Frankfurt Stock Exchange increased 0.78 percent, while British benchmark FTSE 100 Index decreased 0.30 percent.
Also on Monday, the International Monetary Fund (IMF) announced that China's currency renminbi (RMB) is eligible for joining the Special Drawing Rights (SDR) basket as an international reserve currency.
It brings the RMB, or the yuan, into an exclusive group of currencies that make up the IMF's own reserve basket, which is currently comprised of the U.S. dollar cheap air max 97 outlet , the euro, the British pound and the Japanese yen.
Analysts said such move would elevate the RMB and China's influence on the global economy.
Chinese stocks reversed a sharp early fall to end mildly higher Monday, with the benchmark Shanghai Composite Index going up 0.26 percent to close at 3,445.41 points.
The CBOE Volatility Index, often referred to as Wall Street's fear gauge, increased 6.68 percent to end at 16.13 on Monday.
In other markets air max 97 china outlet , oil prices dropped ahead of the OPEC gathering that is expected to maintain the production quota.
The U.S. dollar traded mixed against other major currencies as the Fed was on track for an interest-rate hike this year while its European counterparts were expected to unleash further stimulus.
Gold futures on the COMEX division of the New York Mercantile Exchange rose on a technical trading bounce, despite a stronger U.S. dollar.
The most active gold contract for February delivery added 9.1 dollars, or 0.86 percent, to settle at 1,065.30 dollars per ounce.
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