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The market initially surged by over 1% after reports confirmed Kishida’s decision to step down as LDP leader, with analysts predicting a minimal impact on the stock market due to Kishida's already low approval ratings.
This development marks a significant transition for the country's leadership, aligning with the party’s ongoing efforts to consolidate power and reinforce its authority amid both domestic and international challenges.
Since the Taliban's assumption of power, Afghanistan has faced severe humanitarian crises, including food insecurity, economic instability, and a healthcare system under strain.
As Tsai Ing-wen steps down, her impactful legacy sets the stage for President-Elect William Lai's ascent, marking a pivotal transition in Taiwan's leadership.