Express
Japanese Prime Minister Shinzo Abe Refutes Reports of Resignation
Summary: Japanese Prime Minister Shinzo Abe dismissed reports of his resignation today (July 23), stating to the media that the reports in the Japanese media about his resignation have "no factual basis." Abe mentioned that he just finished a meeting with top advisors from the Liberal Democratic Party and former prime ministers, where the topic of ...
Japanese Prime Minister Shinzo Abe dismissed reports of his resignation today (July 23), stating to the media that the reports in the Japanese media about his resignation have "no factual basis." Abe mentioned that he just finished a meeting with top advisors from the Liberal Democratic Party and former prime ministers, where the topic of resignation was not discussed. He reiterated his intention to stay in office and continue governing. Analyst Justin Low from a US financial media outlet commented that while Abe has not officially admitted defeat, his fate seems sealed. The ruling party, the Liberal Democratic Party, will hold an internal meeting on July 31, which is expected to be a decisive moment for Abe. The Japanese asset market shows mixed sentiments, with stocks rising, bonds being sold off, and the yen fluctuating, as it tries to balance the impact of trade news and political uncertainty.