Shinzo Abe, Japan's Longest-Serving Postwar Leader, Resigns As Health Deteriorates | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Shinzo Abe, Japan's Longest-Serving Postwar Leader, Resigns As Health Deteriorates

Following repeated hospitalizations over the past few weeks stemming from a flareup of his chronic ulcerative colitis, Japanese Prime Minister Shinzo Abe officially resigned Friday morning, marking the end of Abe's reign - the longest of any postwar Japanese leader.

Japanese stocks plunged on the news, with the Nikkei 225 falling from 23310 to 22678 within minutes of the first headline, before bouncing off the lows. Abe has no clear successor, and his resignation is expected to set off a heated contest for the premiership at a time when Japan is struggling from the delayed 2020 Olympics and a coronavirus outbreak that refuses to fade.

Party Secretary General for the Upper House of the Diet Hiroshige Seko said that Abe had decided to resign so his health wouldn't "cause trouble." The PM, whose term officially ends in September 2021, is expected to stay on until a new party leader is elected and approved by Japan's parliament, the National Diet.

Webmaster's Commentary: 

I would suggest, that there is a lot more than "tummy troubles", guiding this resignation.

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