Japan PM Sanae Takaichi Calls Snap Election, Seeks Public Mandate

• Japanese Prime Minister Sanae Takaichi announced the dissolution of parliament and called a snap general election for January 23.
• This election will be Takaichi's first major electoral test since becoming Japan's first female prime minister in October.
• She aims to capitalize on her popularity, strengthen her position within the LDP, and stabilize her coalition's parliamentary majority.
• The election will focus on economic pressures, with rising prices being the top concern for 45% of Japanese voters.
• The outcome will determine if Takaichi gains political backing for her higher spending plans amidst household financial strain.

Why It Matters: PM Takaichi calls early election to secure public mandate and address economic challenges.