Japanese Prime Minister Fumio Kishida announced he will not run in the upcoming party leadership vote, opening the path for a new prime minister in Japan.
Key Points
Fumio Kishida announced he will not run in the upcoming party leadership vote
A new leader from the party vote will succeed him as prime minister
LDP controls both houses of parliament in Japan
Pros
Smooth transition of power
Opportunity for a new leader with fresh perspectives
Cons
Potential instability during leadership transition period