Zürcher Nachrichten - Japan's Takaichi to dissolve parliament for snap election

EUR -
AED 4.292294
AFN 76.558763
ALL 92.543258
AMD 425.668988
ANG 2.091835
AOA 1071.757796
ARS 1752.039854
AUD 1.631897
AWG 2.105238
AZN 1.99154
BAM 1.955658
BBD 2.356728
BDT 142.989582
BGN 1.982653
BHD 0.441168
BIF 3482.2463
BMD 1.168765
BND 1.484792
BOB 13.515015
BRL 6.006872
BSD 1.170115
BTN 111.979842
BWP 15.678858
BYN 3.500445
BYR 22907.791044
BZD 2.353329
CAD 1.609682
CDF 2658.940455
CHF 0.936657
CLF 0.027171
CLP 1080.391288
CNY 7.855561
CNH 7.85545
COP 3594.438126
CRC 532.461207
CUC 1.168765
CUP 30.972269
CVE 110.256967
CZK 24.133363
DJF 208.364819
DKK 7.481311
DOP 68.555005
DZD 155.237732
EGP 59.448669
ERN 17.531473
ETB 189.240713
FJD 2.56147
FKP 0.856759
GBP 0.856803
GEL 3.044679
GGP 0.856759
GHS 13.017052
GIP 0.856759
GMD 85.908717
GNF 10281.250955
GTQ 8.929349
GYD 244.802165
HKD 9.164695
HNL 31.378714
HRK 7.541577
HTG 153.078847
HUF 362.895688
IDR 20628.465835
ILS 3.491339
IMP 0.856759
INR 111.851385
IQD 1532.888321
IRR 1606584.162089
ISK 141.713189
JEP 0.856759
JMD 185.70647
JOD 0.828701
JPY 185.804438
KES 151.52896
KGS 102.208935
KHR 4723.655856
KMF 493.219176
KPW 1051.888708
KRW 1619.90849
KWD 0.360483
KYD 0.975129
KZT 538.730751
LAK 26357.079745
LBP 104787.965631
LKR 385.201936
LRD 212.374527
LSL 18.763233
LTL 3.451059
LVL 0.706975
LYD 7.436458
MAD 10.807113
MDL 20.143532
MGA 5003.635458
MKD 61.520518
MMK 2453.714692
MNT 4204.885702
MOP 9.449012
MRU 46.626603
MUR 54.468814
MVR 18.057859
MWK 2028.95218
MXN 19.772467
MYR 4.720061
MZN 74.661139
NAD 18.763233
NGN 1572.577458
NIO 43.056863
NOK 10.874159
NPR 179.167947
NZD 1.954457
OMR 0.449257
PAB 1.170115
PEN 3.922914
PGK 5.185622
PHP 72.071929
PKR 324.677545
PLN 4.31584
PYG 7048.48648
QAR 4.25369
RON 5.257981
RSD 117.35145
RUB 96.63036
RWF 1724.174385
SAR 4.396224
SBD 9.387821
SCR 16.05273
SDG 703.016353
SEK 11.059442
SGD 1.483752
SHP 0.865898
SLE 28.755901
SLL 24508.413601
SOS 668.751278
SRD 44.144681
STD 24191.072651
STN 24.498215
SVC 10.238254
SYP 15196.280459
SZL 18.750634
THB 38.621879
TJS 10.794314
TMT 4.090677
TND 3.403252
TOP 2.814105
TRY 56.15039
TTD 7.936422
TWD 37.219361
TZS 3100.974077
UAH 52.285191
UGX 4352.682884
USD 1.168765
UYU 47.066571
UZS 13871.989351
VES 910.447072
VND 30533.981685
VUV 138.518447
WST 3.174336
XAF 655.909213
XAG 0.01694
XAU 0.000254
XCD 3.158646
XCG 2.108846
XDR 0.826377
XOF 655.909213
XPF 119.331742
YER 277.08497
ZAR 18.722468
ZMK 10520.29035
ZMW 22.203382
ZWL 376.341805
  • CMSC

    -0.1780

    21.102

    -0.84%

  • RBGPF

    0.0000

    68.56

    0%

  • BCC

    0.7000

    82.47

    +0.85%

  • BCE

    -0.0700

    23.71

    -0.3%

  • RYCEF

    -0.2500

    20.25

    -1.23%

  • RIO

    3.1300

    105.3

    +2.97%

  • VOD

    -0.0500

    15.96

    -0.31%

  • CMSD

    -0.1400

    20.98

    -0.67%

  • JRI

    -0.0300

    12.38

    -0.24%

  • NGG

    -0.8600

    79.76

    -1.08%

  • RELX

    0.5300

    35.91

    +1.48%

  • GSK

    0.4500

    52.41

    +0.86%

  • BTI

    -0.4900

    56.21

    -0.87%

  • BP

    -0.3800

    44.76

    -0.85%

  • AZN

    1.4900

    165.98

    +0.9%

Japan's Takaichi to dissolve parliament for snap election
Japan's Takaichi to dissolve parliament for snap election / Photo: Eugene Hoshiko - POOL/AFP/File

Japan's Takaichi to dissolve parliament for snap election

Japan's Prime Minister Sanae Takaichi intends to dissolve the Lower House for a snap election soon after the annual parliamentary session begins next week, the secretary-general of her ruling party and the co-head of her junior coalition partner said Wednesday.

Text size:

"I was notified by Prime Minister Takaichi that she will dissolve" the Lower House "at an early stage of the ordinary parliamentary session", Hirofumi Yoshimura, one of the leaders of the Japan Innovation Party (JIP), told reporters.

Yoshimura added that he was told by Takaichi that she plans to hold a news conference on Monday to explain more about her decision.

Takaichi was appointed Japan's first woman prime minister in October and her cabinet is enjoying an approval rating of around 70 percent.

But her ruling bloc only has a slim majority in the powerful lower house of parliament, hindering its ability to push through her ambitious policy agenda.

On Wednesday, she also conveyed her intention to dissolve the chamber to Shunichi Suzuki, secretary-general of her ruling Liberal Democratic Party (LDP).

Suzuki told reporters in Tokyo that the election would in part be about seeking a public mandate on the current LDP-JIP partnership, which materialised only recently after the ruling party's former partner exited the coalition.

The junior Komeito party ended its 26-year relationship with the LDP last year, citing the LDP's failure to tighten party funding rules following a damaging slush fund scandal.

It was also unnerved by Takaichi's previous harsh rhetoric on China and her regular visits to a Tokyo shrine that honours Japan's war dead, including war criminals.

If Takaichi dissolves the lower house on January 23, which is the start of a regular parliament session, the most likely election date would be February 8, various media reported.

By keeping short the period between parliament dissolution and a general election, Takaichi hopes to curb the election's impact on parliamentary debate over the budget bill for the upcoming fiscal year, the Yomiuri newspaper said.

Takaichi's cabinet approved a record 122.3-trillion-yen ($768 billion) budget for the fiscal year from April 2026, and she has vowed to get parliamentary approval as soon as possible to address inflation and shore up the world's fourth largest economy.

Takaichi became Japan's fifth premier in as many years when she was elected, initially as the head of a minority government.

Her LDP and the JIP regained their lower-house majority in November after three lawmakers joined the LDP.

The ruling bloc remains a minority in the upper house.

Takaichi reportedly hopes a bigger majority will help her implement her agenda of more "proactive" fiscal spending, and may also help her break the deadlock in a spat with China.

Ties have deteriorated since Takaichi suggested in November that Japan could intervene militarily if China ever launched an attack on Taiwan, the self-ruled island it claims.

R.Schmid--NZN