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Japanese Prime Minister Yukio Hatoyama and his Democratic Party of Japan rode into power in the fall of last year on the promise of tax cuts and a fresh approach to foreign policy. After a spate of crises less than a year after taking office, Hatoyama’s approval rating plummeted. Last week, a small leftist party allied with the DPJ split from the ruling coalition. On Tuesday, Hatoyama announced he would step down as prime minister. A financial scandal involving DPJ stalwarts partially explains Hatoyama’s fall from grace. Equally vexing for the 63-year-old from one of Japan’s leading political families was […]