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00:00Senai Takeichi is set to become Japan's new and first female prime minister.
00:06She won this Saturday's leadership race in the ruling party to replace outgoing Shigeru
00:10Ishiwa.
00:11Takeichi is a hardline conservative security hawk, and as prime minister, she will take
00:15helm of the world's fourth largest economy at a time of unusual political instability.
00:21For more, let's speak to Tokyo-based journalist James Sims.
00:25Hello to you, James.
00:27How did Takeichi win today's party leadership race?
00:31Right.
00:33This was actually her third time in running for the presidency of the LDP, which usually
00:38carries the premiership.
00:40So after her second loss, she actually worked to build up her support, especially among the
00:44local LDP chapters.
00:46And that was actually the critical difference in her winning and losing.
00:50So the vote, the overall vote tally was very close between Takeichi and Farm Minister Shinjido
00:56Koizumi.
00:57She had 149 to his 145.
01:01But in the final tally, she got much more of the local regional votes from the party members.
01:07Yeah.
01:08After winning, she held it as a new era.
01:11Any idea what Japan is in store for?
01:15Well, I think one obvious thing is that she's the first female leader of the ruling Liberal
01:23Democratic Party, and most likely she will be the first female prime minister of Japan.
01:28Japan.
01:29And so Japan has been very far behind just in terms of sort of gender equality and also
01:34women in the workforce and leadership positions in both politics and business.
01:38And so in terms of the new era, Nara, her main focus is on trying to rebuild support for
01:45the party.
01:47The Japanese are very upset with the very high inflation as well as the stagnant wages.
01:52And so that is one of the main reasons that the party has lost the last two elections and
01:57that eventually forced this new leadership election.
02:01The Japanese public is ready for a female leader?
02:07I think so.
02:08And she's, you know, fairly conservative.
02:10And so the party supporters are, you know, fairly conservative and they voted for her.
02:16And so one of the reasons that the party has lost the last two major national elections
02:21is that they've lost votes to other conservative parties.
02:26And so if you look at the support among those conservative parties, they their support
02:30for her was much stronger.
02:32So, I mean, that potentially will help the ruling party in terms of gaining voters who
02:39have left.
02:40But she only has about two years because the term for the lower house is only for another
02:45three years.
02:46But usually after you're only down to about one year, they start talking about the election.
02:50So she has about maybe two years to try to turn things around, to try to tamp inflation,
02:56as well as to get wages up to overcome the fairly high inflation.
03:01Yeah.
03:02And I think you just alluded to James, but what are the biggest challenges facing her moving
03:07forward?
03:10So obviously it's just the economy.
03:12As in many countries in the industrialized West, the economy is one of the major factors.
03:17There is a bit on immigration and also foreign visitors, but I think that's been sort of a
03:23distraction.
03:24One of the very far right sort of nationalist parties has used the bogeyman of foreigners
03:30as a way to try to attract party voters.
03:33But I think that the main focus she will have to focus on is on the economy to get inflation
03:38down and to get wages up.
03:40Obviously, she's also facing a very difficult Northeast Asian security situation, and she
03:46will also have to deal with a mercurial president in the United States in terms of trade policy
03:52and also investment policy.
03:53So hopefully in terms of the cabinet she will put together, she will bring in some people
03:58who are well-versed in those issues on national security and foreign policy to try to make up
04:04for, I think she's lacking those sort of, I think, strong points.
04:08She's been more focused on domestic policy.
04:11She was the head of the party policy group, and she was also the minister of internal affairs.
04:16So hopefully she will bring in people that will be able to deal with some of these more
04:19vexing foreign policy issues.
04:22James, thank you very much.
04:23James Sims reporting from Tokyo.
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