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New Zealand Prime Minister Jacinda Ardern Announces Shock Resignation
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New Zealand Prime Minister Jacinda Ardern announced she is stepping down in a shock resignation ahead of a general election later this year.
Ardern, 42, who became the world’s youngest female leader when she led her Labour Party to power in 2017, doesn’t have the energy or inspiration to seek re-election, she told reporters Thursday. She named the election date as Oct. 14.
“I have given my absolute all to being prime minister but it has also taken a lot out of me,” she said in Napier, where Labour is holding a caucus meeting. “I know what this job takes, and I know that I no longer have enough in the tank to do it justice. It is that simple.”
The unexpected announcement brings the curtain down on a stunning political career that saw Ardern navigate unprecedented crises and become a torch-bearer for liberal values on the world stage. She was facing an uphill battle to win a third term in office, with Labour trailing the opposition National Party in opinion polls.
The Labour caucus will vote on a new leader on Jan. 22, with the winner needing two-thirds support. If no-one has that, the contest will go to the wider party membership. It is expected that process will conclude no later than Feb. 7, Ardern said.
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Ardern, 42, who became the world’s youngest female leader when she led her Labour Party to power in 2017, doesn’t have the energy or inspiration to seek re-election, she told reporters Thursday. She named the election date as Oct. 14.
“I have given my absolute all to being prime minister but it has also taken a lot out of me,” she said in Napier, where Labour is holding a caucus meeting. “I know what this job takes, and I know that I no longer have enough in the tank to do it justice. It is that simple.”
The unexpected announcement brings the curtain down on a stunning political career that saw Ardern navigate unprecedented crises and become a torch-bearer for liberal values on the world stage. She was facing an uphill battle to win a third term in office, with Labour trailing the opposition National Party in opinion polls.
The Labour caucus will vote on a new leader on Jan. 22, with the winner needing two-thirds support. If no-one has that, the contest will go to the wider party membership. It is expected that process will conclude no later than Feb. 7, Ardern said.
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
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