South China Morning Post · General

Japan’s former leaders couldn’t fix the economy, but will the next PM be able to? | South China Morning Post

Story summary

Faced with record-low approval ratings and a flailing economy, Japanese Prime Minister Fumio Kishida announced his resignation on August 14, 2024. The island nation slipped into recession in 2024, losing its status as the world's third-largest economy. Consumer confidence and salaries have since remained low, despit…

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