Japanese PM Fumio Kishida announces not to run for re-election amid scandals and inflation.

Japanese Prime Minister Fumio Kishida unexpectedly announced he will not run for re-election, stepping down in September amidst political scandals and widespread discontent over inflation. Kishida's decision not to seek re-election as party leader will pave the way for a new Japanese prime minister to address the challenges posed by rising prices. Kishida emphasized that politics cannot function without public trust, suggesting that the numerous scandals surrounding his administration have eroded trust in his leadership.

August 14, 2024
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