In this file photo taken on September 14, 2020 then newly elected leader of Japan’s Liberal Democratic Party Yoshihide Suga poses for a portrait at his office following a press conference at the party’s headquarters in Tokyo. – Japan’s Prime Minister Yoshihide Suga said on September 3, 2021 he will not run for his ruling party’s leadership, effectively ending his tenure and throwing wide open the race for the next premier.
“In one year since I became prime minister, I have poured all of my strength into dealing with the various problems facing the country, with anti-coronavirus measures at the forefront,” Suga told reporters. His government’s approval rating has nosedived to an all-time low of 31.8 percent, according to a poll by Kyodo news agency last month.Suga’s announcement cheered investors, whose hopes that a new leader could announce a stimulus package pushed the benchmark Nikkei index up more than two percent at the close.
Japan has recorded nearly 16,000 Covid-19 deaths overall and is struggling through a record fifth wave of cases, after a slow start to its vaccine rollout. The son of a strawberry farmer and a schoolteacher, Suga was raised in rural Akita in northern Japan and put himself through college by working at a factory.
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