Shinzo Abe has resigned as Prime Minister of Japan

Shinzo Abe, the Japanese prime minister in history, will resign for health reasons, according to Japanese public broadcaster NHK, citing sources close to Abe. Speaking to reporters, Hiroshige Seko, the leader of the Liberal Democratic Party (LDP) in Abe, said the prime minister had expressed his intention to resign from party officials. A government aide told CNN that they had also heard of Abe’s intentions to stand up. Abe was expected to hold a press conference later on Friday to update on the state of coronavirus in Japan. Markets reacted negatively to the wonderful announcement. Japan’s benchmark Nikkei index closed 1.4% on Friday after breaking news. Initially it fell by more than 2% before the losses matched. The Japanese yen, a traditional savings paradise currency, rose 0.3% against the US dollar. On Monday morning, Abe visited Keio University Hospital in Tokyo for what he did at the second hospital this week. Abe has colitis, an incurable intestinal disease that was also a factor in his sudden resignation as prime minister in 2007. His first term was in office after a full year. He was re-elected in 2012. He has been a major force in Japanese politics. He won the third in 2017 for the third, and the fourth in 2019, despite numerous scandals and a deterioration in popularity. Under Abe, his right-wing Liberal Democratic Party (LDP) has had great success, gaining the benefit of its long-standing opponent in 2017, which has split in two. Abe leaves the LDP under the control of both houses of parliament. , a large majority in the lower House of Representatives. This success must guarantee Aberi the successor to the LDP. Japan is not a presidential system, the country’s leader is elected by parliamentarians, so the next LDP leader, whatever it may be, should have an easy path to becoming prime minister. #True #CNN #Notes.

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