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Japanese Prime Minister Shinzo Abe made a landmark apology to South Korean “comfort women” coerced into Japanese military brothels before and during World War II, with his government agreeing to provide 1 billion yen to a fund for compensating victims. The governments of Japan and South Korea agreed that this would be a final “irreversible” solution to an issue that has dogged bilateral ties for decades.

Resolving the issue — the biggest source of tension between the two U.S. allies — might give both leaders a political bounce as they prepare for legislative elections next year, as well as help reinvigorate trade that has declined in recent years. Read More