Categories: Social Media News

How Japan’s new prime minister is jolting markets

Newly elected Liberal Democratic Party (LDP) leader Sanae Takaichi celebrates after winning the LDP leadership election on Oct. 4 in Tokyo.

Kim Kyung-Hoon/Getty Images

Kim Kyung-Hoon/Getty Images

Sanae Takaichi was sworn in as Japan’s first female prime minister a little over a month ago, and she’s already making waves in the East and West. The first priority for the people of Japan is if her government can fix the country’s cost-of-living problem. Today on the show, we break down what Sanaeonomics could mean for the Land of the Rising Sun.

Related episodes
How Japan is trying to solve the problem of shrinking villages
Japan had a vibrant economy. Then it fell into a slump for 30 years

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter

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