New Zealand Prime Minister John Key Resigns

New Zealand Prime Minister John Key resigned unexpectedly on Monday after eight years in the job. 
John Key made the surprise announcement during his weekly press conference. 
He set a date of 12 December for the formal resignation, the (BBC) reported. 
"This has been the hardest decision I have ever made. But for me this feels the right time to go," he told a news conference in Wellington on Monday, adding that he owed it to his family to step aside. 
He said he would not be seeking a fourth term in the 2017 election Key had been in power since 2008, and leader of the ruling National Party since 2006.

Source: QNA