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Japanese Prime Minister Fumio Kishida is reportedly set to announce his decision to step down from his role as the leader of the ruling party in September. What Happened: Kishida, who has been in office for three years, will not seek re-election as the leader of the Liberal Democratic Party, Japanese media, public broadcaster NHK reported on Wednesday. This decision will prompt a leadership contest within the LDP, which will consequently determine the new leader of the world’s fourth-largest economy. The Prime Minister’s tenure has been marked by a series of challenges, including a decline in …

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