Japan clears way for first emperor abdication in over 200 years
[TOKYO] Japan's parliament passed a law Friday that clears the way for its ageing Emperor Akihito to step down in what would be the first imperial abdication in more than two centuries.
The popular 83-year-old monarch shocked the country last summer when he signalled his desire to stand down after nearly three decades on the Chrysanthemum Throne, citing his age and health problems.
The unexpected move presented a challenge since there was no law to deal with an emperor retiring from what is usually a job for life.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons