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Who is Sanae Takaichi? The first woman set to helm Japanese government

Sanae Takaichi listens to a question after visiting Yasukuni Temple to honor Durig Durig, the Spring Festival of the Tapi in Tapyo on April 23, 2015.

Toshifumi Kitamura | AFP | Getty Images

Sanae Takaichi, who won the president of Japan’s ruling liberal Democratic Party, is on the verge of being the first female prime minister of the country.

Takaichi, a harsh conservative and close ally of Late Shinzo Abe, said in a statement on Saturday “Business, work, work“Making people’s concerns about their daily lives and future.”

The rise comes at home at home and tense relations abroad-and Japan’s conservative, defining the last decade, doubles the pro-asenomic agenda and doubles that it doubles.

Takaichi’s victory, LDP’nin 2024 and 2025 in both Parliamentary Assembly after the loss of the majority of the Prime Minister Shigeru Ishiba’nın resignation of the resignation of the minority.

This also means that when the diet is convened on October 15, the opposition parties can theoretically prevent Takaichi’s approval as the Prime Minister, but analysts say that this is low.

In a note on Monday, the research company BMI said that Takaichi’s first task was to secure the support of at least one opposition party to form a majority of working party.

However, the opposition parties face a dilemma: joining the LDP in a coalition may increase the effects of LDP, but may be at risk of alienating voters who are satisfied with the ruling party.

In the event that Takaichi reached an agreement with the opposition, BMI said that his government would face various difficulties, including a cost of life, and that he would manage the security and trade relations with US President Donald Trump, as well as internal concerns about the increasing number of foreigners residing or visiting in Japan.

Abenomics 2.0?

Takaichi is seen as an advocate of “Abenomics”, the economic strategy of Shinzo Abe, who adopts loose monetary policy, financial expenditures and structural reforms.

He had previously criticized the Japanese Bank’s plan to raise interest rates. “Without any prejudice.”

In March 2024, Boj terminated the negative interest rate regime and kept the latest rates by 0.5%.

“We can already imagine that it will not reduce inflation, because if it will double the abenomics of the past, it means a sharp weaker yen, which means more government spending, which means more controversial inflation.” He said. Japan: What the world can learn from Japan’s lost decade.

LDP chose Takaichi because Pesek, who has long been a Asian observer, said CNBC’s “Squawk Box Asia”.

“It was probably the best option to confront Trump at this very tense moment between Trump and the rest of the world.” He said.

Takaichi’s last week USA-Japanese Trade Agreementand said Fuji TV program A “construction” of the agreement is not outside the table, referring to Japan’s $ 550 billion investment pledge.

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CITI analysts foreseen a short-term rally for about 47,000 short-term rally for Nikkei 225, while warning that Japanese stocks were not worthless, Topix approached a 12-month advanced price-winter ratio to a historical summit.

While analysts expect consumer, defense and export -sensitive stocks to benefit under a Takaichi government, finance and real estate stocks may encounter winds.

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On October 22, 2014 at a Science and Technology Innovation Conference in Tokyo, the late Shinzo Abe (L) and Sanae Takaichi (R).

Toshifumi Kitamura | AFP | Getty Images

The previous visits made to the controversial Yasukuni temple, which honored the war of Japan, including war criminals, received criticism from China and South Korea, who saw the site as a symbol of Tokyo’s war -time aggression.

Takaichi, Neuberger Berman’s manager and portfolio manager Kei Okamura told CNBC.

“His views on China and Korea were also marked very well. But at the same time, Japan has a huge impact on the biggest export places, it also understands that it should maintain very good relations with all these countries, especially the United States,”.

He added that Takaichi did not abandon his strong nationalist views. “This, especially in the first year of this administration and potentially in the second year, I think we continue to look more closely.”

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