TOKYO (Reuters) - Japanese opposition leader Ichiro Ozawa resigned on Monday to try to restore his party's prospects in a looming election, after a fundraising scandal dampened its hopes for victory.
A political stalemate and voter frustrations with Prime Minister Taro Aso had raised the chances Ozawa would lead his Democratic Party to victory in an election that must be held by October, ending more than 50 years of nearly unbroken rule by Aso's Liberal Democratic Party (LDP).
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