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Japan's Noda steps down after election defeat

Japanese Prime Minister Yoshihiko Noda resigns as head of the Democratic Party of Japan on Sunday. SOUNDBITE: Japanese Prime Minister Yoshihiko Noda (Japanese) "The biggest responsibility for this loss lies with me as head of the party, and I will take full responsibility for this and resign as head of the Democratic Party of Japan." Earlier Sunday, the opposition party - the Liberal Democratic Party of Japan - won in the general elections by a landslide . Three years ago, the conservative Liberal Democratic Party suffered a crushing defeat - but the victory will give former Prime Minister Shinzo Abe a second chance to run the country.

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