Shinzo Abe, Japan’s longest serving prime minister, has resigned due to health reasons, reports CNN. For the past eight years, Mr. Abe has struggled with colitis, a non-curable inflammatory bowel disease. During a press conference on August 28, he apologized to the Japanese people as he stepped down from his role one year before the end of his term.
Read MorePrime Minister of Japan, Shinzō Abe, is attempting to bring about a constitutional armed forces to Japan’s current military, but his recent address of the constitution failed to include a timeline for this revision process.
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Prime Minister Shinzo Abe called Monday for a snap election in mid-October, despite the allegations of cronyism that have dogged him and his Liberal Democratic Party throughout the summer.
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This last effort aims to make banks issue more loans by allowing them to make money on their own interest rates as well as encourage growth of new businesses rather than hoarding sums in the central bank.
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