Japan's Takaichi calls Feb election seeking mandate for spending plans

Name: Japans Takaichi calls Feb election seeking mandate for spending plans
Uploaded: 2026-01-19T14:42:24.835Z
Duration: 1 min 26 s
Description: Japans Prime Minister Sanae Takaichi said she will dissolve parliament Friday and call a national election to seek voter backing for increased spending and a new security strategy expected to accelerate Japans defense build up.

Reuters · Just In

Reuters

Just In

Japan's Prime Minister Sanae Takaichi said she will dissolve parliament Friday and call a national election to seek voter backing for increased spending and a new security strategy expected to accelerate Japan's defense build up.

Breakdown

Prime Minister Takaichi calls national election for February 8
She seeks support for higher spending, tax cuts, and new security strategy 7s
Proposes two-year halt to 8% food consumption tax to boost jobs and spending 32s
Tax halt may cut revenue by $32 billion a year; bond yields hit 27-year high 45s
Election tests Takaichi's leadership and public support amid rising living costs 59s