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Abe to kick off party-head election: Here are five things to know

Incumbent wants 3-year social security overhaul; challenger takes long-term view

Former Defense Minister Shigeru Ishiba is expected to run for the presidency of Japan's ruling Liberal Democratic Party against Prime Minister Shinzo Abe.

TOKYO -- Japan's ruling Liberal Democratic Party holds its presidential election on Sept. 20, which means Shinzo Abe has another hurdle in front of him if he wants to remain the country's prime minister.

While the election holds little mystery -- Abe is expected to cruise to victory -- it will have global ramifications in that it will determine the leader of the world's third largest economy. Here are five things you need to know about the election.

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