News conference following the launch of Ichiro Ozawa new political party

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July 11, 2012, Tokyo, Japan – Ichiro Ozawa leads cheers during a rally to launch a new political party of his own – People’s Lives First – in Tokyo on Wednesday, July 11, 2012. .Ozawa broke away from the ruling Democratic Party of Japan last week to protest the consumption tax hike sought by Prime Minister Yoshihiko Noda. The 70-year-old stalwart, who will lead the new party formed by 49 fellow lawmakers, vowed to implement administrative reforms as well as to take measures to combat prolonged deflation, adding his party will aim to reduce Japan’s reliance on nuclear energy to zero in the future in his speech during the launch. (Photo by AFLO)

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July 11, 2012, Tokyo, Japan – Ichiro Ozawa shakes hands with Yuko Mori, left, an upper house lawmaker, during a launch of a new political party of his own – People’s Lives First – in Tokyo on Wednesday, July 11, 2012. Ozawa broke away from the ruling Democratic Party of Japan last week to protest the consumption tax hike sought by Prime Minister Yoshihiko Noda. The 70-year-old stalwart, who will lead the new party formed by 49 fellow lawmakers, vowed to implement administrative reforms as well as to take measures to combat prolonged deflation, adding his party will aim to reduce Japan’s reliance on nuclear energy to zero in the future in his speech during the launch. (Photo by AFLO)