Yukio Hatoyama elected new PM of Japan

Yukio Hatoyama has been sworn in as the new prime minister of Japan on Wednesday after a landslide victory of his party at the recently held parliamentary elections. Ending the conservative rule for almost all of the post-war era, the new centre-left government of the Democratic Party of Japan registered a stunning victory in the parliamentary election two and a half weeks ago. Hatoyama, a US-trained engineering scholar and scion of a political dynasty, has promised to make politics work for the people and to undo an "iron triangle" that existed between the LDP, big business and the state bureaucracy. Earlier in the day, Prime Minister Taro Aso's cabinet resigned en masse after a brief meeting of the cabinet.