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After serving as Japan’s prime minister during the longest uninterrupted period in history, Shinzo Abe resigns due to physical fitness issues, several local media reported on Friday. He himself showed the report later in the morning.
What happened: Abe, 65, who has been prime minister since December 2012, allegedly vomited blood at his workplace in early July and then went to the hospital for what he described as a “regular fitness check,” according to mainichi, a Japanese newspaper. .
The prime minister has already left in 2007 due to a chronic disease, which is believed to be ulcerative colitis.
“Although I have one year left in office and there are demanding situations ahead of me, I have to resign as prime minister,” Abe said at a press conference. “For almost 8 years I controlled my chronic disease, however this year in June I had a normal checkup and there was a sign of the disease. I felt I deserve not to continue my paintings as Prime Minister. I want to fight the disease and want to be treated.”
Why it’s important: the Nikkei 228 index dropped 1.21% to 22,928.53 at the time of publication following the announcement of the prime minister’s resignation.
The Japanese yen 0.26% to 106.25 against the dollar at the time of the press.
Abe’s state of health has fuelled uncertainty as it did not hold a press convention for about 50 days between mid-June and early August, even though he had been asked about the Japanese government’s handling of the COVID-19 crisis, Mainichi noted.
The 2020 Olympic Games, to be held in Tokyo, were postponed until the summer of 2021 due to the pandemic.
The prime minister had tried to revive japan’s games.
“I need to create a boost for Japan to return to the world,” Abe said, referring to the 1964 Olympics that catapulted the country into good economic fortune after World War II, the Japan Times reported.
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