Liberal Democratic Party

The Liberal Democratic Party (LDP) is the dominant political party in Japan, currently led by Prime Minister Sanae Takaichi. The LDP's recent actions and policies are making headlines due to a snap election called by Takaichi to solidify her power and agenda. This election, scheduled for February 8th, is significant as it could impact Japan's fiscal policy, potentially leading to upheaval in global finance, particularly regarding Takaichi's pledge to suspend the consumption tax. The LDP is also considering reviving pre-WWII military titles, a move seen as appealing to conservatives but potentially straining regional relations. Recent polls indicate growing support for the LDP. The sentencing of Tetsuya Yamagami, the assassin of former PM Shinzo Abe (an LDP leader), also keeps the party in the news, highlighting the lasting impact of that event.