Sanae Takaichi: Breaking Gender Barriers to Become Japan's First Female Prime Minister

Sanae Takaichi has made history as Japan's first female prime minister, taking office with a promise to address Japan's gender gap in politics. Her appointment of Satsuki Katayama as finance minister highlights her focus on fiscal policy amidst Japan's economic challenges. Analysts comment on her political strategy and potential economic impact.

In a historic move, Sanae Takaichi became Japan's first female prime minister after securing a majority in the parliamentary vote on Tuesday. Her ascent to power has already influenced financial markets, with the Nikkei reaching record levels.

Takaichi aims to tackle the gender disparity in Japanese politics by appointing Satsuki Katayama as the first female finance minister amid economic concerns over rising prices and sluggish growth. However, experts remain skeptical about whether her leadership will genuinely advance gender equality, pointing to her right-wing leanings and potential continuation of Shinzo Abe's policies.

Economic analysts suggest that while some of her policies resemble Abenomics, Japan faces different economic challenges today, such as inflation and a weak yen. Her fiscal strategy will be closely monitored as it could impact Japan-U.S. relations, defense spending, and market stability.

(With inputs from agencies.)