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Message: <blockquote data-quote="David Webb" data-source="post: 7579738" data-attributes="member: 163309">TOKYO - Japanese  Prime Minister Yukio Hatoyama says he is resigning.       <img src="http://www.chinadaily.com.cn/world/images/attachement/jpg/site1/20100602/0013729e4abe0d7019764e.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> Japan's Prime Minister  Yukio Hatoyama speaks during a general meeting of lawmakers of his  ruling Democratic Party of Japan at the parliament building in Tokyo  June 2, 2010.[Agencies] Hatoyama told a  news conference broadcast nationwide on Wednesday that he will step down  over his broken campaign promise to move a US Marine base off the  southern island of Okinawa. With tears in his eyes, Hatoyama told a  party gathering both he and party secretary-general Ichiro Ozawa would  resign their posts. After eight months in office, the embattled  prime minister has faced growing pressure from within his own party to  resign ahead of July elections. His approval ratings have plummeted over the  bungling of handling the Marine Air Station Futenma, reinforcing his  public image as an indecisive leader. Calls have built up in Hatoyama's Democratic  Party for him to step down to revive the party's fortunes ahead of an  election for the upper house of parliament expected on July 11 that it  must win to smooth policymaking. Analysts have tipped outspoken Finance  Minister Naoto Kan as the likely successor if Hatoyama quits after just  eight months on the job. Kan has in the past pressed the Bank of  Japan to do more to fight deflation and has sounded more positive than  Hatoyama about raising the 5 percent sales tax in the future to fund  bulging social welfare costs. That stance would be welcomed by investors  worried about Japan's huge public debt, which is nearly 200 percent of  GDP. Political confusion, including the recent  departure of a tiny leftist party from the ruling coalition, has  distracted the government as it thrashes out a plan to cut huge public  debt and a strategy to engineer growth despite a fast-ageing population. If Hatoyama resigns, he will be Japan's  fourth straight leader to quit after a year or less in office.<a href="http://www.chinadaily.com.cn/world/2010-06/02/content_9921756.htm" target="_blank"><img src="http://www.chinadaily.com.cn/15421.files/chinadailylogo_e_20100301.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a></blockquote>

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