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Japan

Debt Trap Inflation

In recent years, many advanced economies from the United States and Britain to France and Japan have taken on ever larger public debts, fuelled by generous welfare commitments, ageing populations and chronic budget deficits.

Sanae Takaichi becomes Japan’s first female Prime Minister

Takaichi joined Japan's ruling Liberal Democratic Party in 1996 and entered the Cabinet for the first time under former Japanese Prime Minister Shinzo Abe. She held the position of the Minister of State for Okinawa and Northern Territories Affairs. Later, she went on to become the first woman to chair the LDP's Policy Research Council.