New Zealand's popular Prime Minister John Key stunned the nation on Monday when he announced, in a breaking voice, he was resigning after eight years as leader. Key said his National Party caucus would meet Dec. 12 to decide on a new party leader and prime minister, and that he expected to formally submit his resignation to the Governor-General that same day. The New Zealand dollar fell by nearly 1 percent on the news and was trading at $0.71 U.S.Australian Prime Minister Malcolm Turnbull said he'd sent Key a short message: "Say it ain't so, bro." "John Key is one of the most outstanding national leaders in the world today," Turnbull told reporters. He is somebody that all of us, right around the world, leaders in countries large and small, draw inspiration from."

Source: Fox News December 05, 2016 02:37 UTC