Japan's ruling party picked hardline conservative Sanae Takaichi as its head on Saturday, putting her on course to become the country's first female prime minister in a move set to jolt investors.

Tokyo

Japan's ruling Liberal Democratic Party has chosen Sanae Takaichi, a hardline conservative and former minister, as its new leader. This decision places Takaichi on track to become Japan's first female prime minister, pending a parliamentary vote in which her party holds the majority.

Takaichi's selection is seen as a significant shift toward nationalist and right-leaning politics within the party, which had recently favored more liberal leaders. She has emphasized the need for increased fiscal stimulus to support Japan's fragile economy and has committed to upholding a trade agreement with the United States. Her victory is viewed as a milestone in Japan's male-dominated political landscape.

Right-wing Sanae Takaichi set to be Japan's first female premier

Japan's ruling party on Saturday picked hardline conservative Sene Takahichi as its leader. And with that, Takahichi is on course to become the country's first female prime minister, in a move set to jolt investors. She's a former economic security and internal affairs minister with an expansionary fiscal agenda. And compared to her main competitor, she offered a starker vision for change. Rather than being happy, I feel like the tough work starts here. All of us together have a ton of work to do. We have a lot of policies to execute speedily. The Liberal Democratic Party elected Takahichi to regain trust from a public angered by rising prices and drawn to opposition groups promising stimulus and clampdowns on migrants. Here's Tina Barrett, professor of political science at Tokyo's Sophia University. So I think the election of Takahichi probably reflects a shift towards the right, a more sort of nationalist type of politics in Japan, which has been going on really, I think, probably since the 1990s. So it's not a new trend, but in the past couple of years, the people who've been elected the leaders of the LDP generally come from the more liberal wing of the party. So I think this is significant within the party's politics to say that the right to recapture the leadership, which they haven't really held, I think, really since Prime Minister Abe. She wants to see more fiscal stimulus, more spending as a way of trying to kickstart the economy. Takahichi told a press conference on Saturday, quote, right now, I believe Japan's economy is in a very fragile state. She also said she planned to honor an investment deal with U.S. President Donald Trump that lowered his punishing tariffs in return for Japanese taxpayer-backed investments, having previously suggested redoing it. Some of her supporters viewed her win on Saturday as a watershed in Japan's male-dominated politics. A vote in Parliament to choose a replacement for the outgoing prime minister is expected on October 15th. Takahichi is favored as the ruling coalition has the largest number of seats.

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Moscow

Ukraine Invasion

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Jakarta

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Kyiv

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Bilbao

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Saulsville

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Breakdown