Reuters (February 9)
“Sanae Takaichi has curb-stomped the competition. Her Liberal Democratic Party took 316 out of 465 seats…delivering the arch-conservative prime minister her country’s first post-war single-party supermajority.” While “investors may hope the ruling party’s historic comeback relieves pressure to cooperate with a fiscally profligate opposition,” that is unlikely. Her desire to revive “the heavily indebted $4 trillion economy” and return to fiscal stimulus will prove costly. Her “desire for a regular army makes expensive militarisation look more certain.” All of these “stated ambitions” augur “more turmoil for markets.”
Tags: Army, Conservative, Curb-stomped, Economy, Expensive, Fiscal stimulus, Hope, Indebted, Investors, Japan, LDP, Militarisation, Prime minister, Supermajority, Takaichi, Turmoil
New York Times (February 5)
“Prime Minister Mark Carney of Canada announced on Thursday a sweeping plan to offer billions of dollars in incentives and tax breaks for auto industry investment designed to help turn Canada into a global leader in electric vehicles.” Through the new policies, the Prime Minister intends “to transform Canada’s economy and make it less reliant on a single trade partner after President Trump’s economic assaults and threats on Canada’s sovereignty have frayed relations between the two nations.”
Tags: Auto industry, Canada, Carney, Economy, EVs, Global leader, Incentives, Investment, Prime minister, Reliant, Tax breaks, Threats, Trade partner, Trump, U.S.
The Week (December 10)
“Fresh off her first solo state visit to Laos, Princess Aiko has become the face of a Japanese royal family facing 21st-century obsolescence.” Under current succession law, however, her male cousin Prince Hisahito of Akishino will succeed to the throne. The question is when Japan will be “ready for change.” As demonstrated by Japan’s election of “conservative Sanae Takaichi as its first woman prime minister in October,” public support exists “for the notion that Aiko, or ‘any other woman in the future,’ could be made royal successor, which has led to a grassroots effort to readdress the rules.”
Tags: 21st century, Aiko, Change, Grassroots, Hisahito, Japan, Laos, Obsolescence, Prime minister, Public support, Royal family, Succession, Takaichi, Throne
Reuters (October 22)
“Sanae Takaichi wants to spend a lot of money on Japan, but she also needs to sort out some hefty financial obligations to the United States.” She is coming under immediate “pressure to secure backing for $550 billion her predecessor Shigeru Ishiba pledged to invest in U.S. projects as part of his tariff deal with the White House.” Given the new Prime Minister’s “desire to use fiscal spending to boost growth, she’s likely to lean on” private, rather than public, funding “to avoid immediate budgetary constraints.”
Tags: $550 billion, Financial obligations, Fiscal spending, Funding, Growth, Invest, Ishiba, Japan, Money, Pressure, Prime minister, Private, Public, Takaichi, Tariff deal, U.S.
The Guardian (June 24)
Emmanuel Macron “opted to call the French electorate’s bluff, calculating that the prospect of a radical-right prime minister in the Élysée would ‘clarify’ its thinking. A week away from the first round of a poll whose consequences will reverberate around Europe, this reckless gamble shows no sign at all of paying off.”
Tags: Consequences, Élysée, Europe, French electorate, Gamble, Macron, Poll, Prime minister, Radical right, Reckless, Reverberate
Wall Street Journal (September 6)
Vladimir Putin’s meeting with North Korea’s Kim Jong Un “underscores the global nature of the threat to U.S. interests.” Indeed, the Japanese Prime Minister’s visit to Kyiv this spring was partly “because America’s allies in Asia understand that Ukraine isn’t a distant squabble. Russia has its own Pacific ambitions, including militarizing the Kuril Islands, some of which Japan also claims. A Russia that prevails in Ukraine will provoke elsewhere. Mr. Putin is also the junior partner to the neighborhood’s No. 1 threat: The Chinese Communist Party.”
Tags: Allies, Asia, CCP, Global nature, Japan, Kim, Kuril Islands, Kyiv, North Korea, Pacific ambitions, Prime minister, Provoke, Putin, Russia, Threat, U.S. interests, Ukraine
New York Times (July 9)
“Japan’s longest-serving prime minister became perhaps the most transformational politician in the country’s post-World War II history,” even though he “never achieved his goal of revising Japan’s Constitution to transform his country into what the Japanese call a ‘normal nation,’ able to employ its military to back up its national interests like any other.”
Tags: Abe, Constitution, History, Japan, Longest-serving, Military, National interests, Normal nation, Politician, Prime minister, Revising, Transformational
Financial Times (September 5)
Prime Minister Yoshihide Suga has “lacked distinctive policies of his own or an independent political base. Going forward, “Japan needs a different kind of leader.” The next leader “requires communication skills and a compelling programme.”
Tags: Communication, Different, Distinctive, Independent, Japan, Leader, Policies, Political base, Prime minister, Skills, Suga
The Scotsman (November 8)
“It is clear that the four-nations approach that the UK government pursed at the start of the pandemic has been replaced with something far less constructive. If Mr Johnson baulks at the suggestion that he is starting to look more like a Prime Minister of England than the UK, then he should really stop acting like one.”
Tags: Baulks, Constructive, England, Four nations, Government, Johnson, Pandemic, Prime minister, UK
The Economist (October 17)
“The prime minister’s election victory in December ought to have banished the memory of Theresa May’s hobbled premiership and rendered him dominant,” but he now bears “than a passing resemblance to his predecessor.” The first COVID-19 “wave cost Mr Johnson a great deal of his political capital. If the government’s record does not improve, the second could exhaust it.”
Tags: COVID-19, Election, Exhaust, Hobbled, Johnson, May, Political capital, Predecessor, Premiership, Prime minister, Resemblance
