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The Economic Times

National / The Economic Times

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Defence, debt, diplomacy: Sanae Takaichi's first year as Japan PM

Wednesday marks the first anniversary of Japanese Prime Minister Sanae Takaichi's leadership that has seen her alienate China, rattle markets with her expansive spending and establish herself as a workaholic leader. - Expansive government spending - Takaichi's programme of big government spending and the Bank of Japan's relatively low-key interest rate have unnerved the markets and pushed Japan's benchmark bond yield to its highest level in three decades.

21 Oct 2026 1:31 pm