Shinzo Abe, Japan’s Longest-Serving Prime Minister, Announces His Resignation

Prime Minister of Japan Shinzo Abe announced his decision to step down from the post Friday, citing the return of a health problem, the Associated Press reported.

“It is gut-wrenching to have to leave my job before accomplishing my goals,” Abe said during a news conference announcing his decision, mentioning ongoing tensions with North Korea and a border dispute with Russia.

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Commentary: With a Japan Trade Deal and a Strong U.S. Economy, Where Is the Trade Depression People Predicted?

Readers will recall that in the 2016 election and since then financial and political analysts were tripping over themselves to predict that if President Donald Trump won and implemented his planned trade agenda, which included tariffs, why, we’d have a global recession perhaps even as bad as the Great Depression.

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