Japan Nominates Reflationists to BOJ and Plans Missiles Near Taiwan

The Japanese administration under Prime Minister Sanae Takaichi has made key personnel decisions, nominating two academics with a reflationary profile to the board of the Bank of Japan (BOJ). This decision was interpreted by financial markets as a signal of the government leader's reluctance to further raise interest rates. The yen sharply lost value, hitting local lows against the dollar, as investors began to question the central bank's independence following reports of the Prime Minister's pressure on Governor Kazuo Ueda. The Bank of Japan (Nippon Ginkō) was established in 1882 and for decades has been a symbol of the fight against deflation, maintaining negative interest rates for a record-long time, which shaped the specific dynamics of the global currency market.In the security sphere, the Ministry of Defense confirmed a strategic plan to deploy a missile unit on Yonaguni Island by fiscal year 2030. This investment is intended to strengthen air defense and anti-ship systems on the country's southwestern flank, which is a direct response to Chinese military expansion. The situation is complicated by new export bans imposed by Beijing, which hit the stock prices of Japanese companies in the defense sector. „I sent gift catalogs to lawmakers in my party to show appreciation and recognition for their daily work.” — Sanae Takaichi Meanwhile, on the international stage, Canadian Prime Minister Mark Carney is beginning an Asian tour, including India, Australia, and Japan. Ottawa aims to make its economy independent from the USA, hoping to quickly finalize a free trade agreement with New Delhi. Concurrently, Indian Prime Minister Narendra Modi is making a historic visit to Israel, where the main topics of discussion are cooperation in advanced technologies and defense. 110 km — separates Japan's Yonaguni Island from the shores of Taiwan Market Reaction to Japanese Government Decisions: Yen vs USD: -1.2, Defense Companies: -2.5, Nikkei Index: 0.8 Timeline of Events in Japan and the Region: 23 lutego — Debate on Flags; 24 lutego — Pressure on BOJ; 25 lutego — BOJ Nominations; marzec 2031 — Deployment Deadline [{"aspekt": "Yonaguni Armament", "przed": "No permanent missile batteries", "po": "Unit of anti-ship missiles"}, {"aspekt": "Defense Budget", "przed": "Traditional 1% of GDP", "po": "Aiming for 2% of GDP by 2027"}]

Perspektywy mediów: Liberal media emphasize the threat to price stability and criticize the Prime Minister for ethically questionable gifts to party colleagues. Conservative outlets stress the necessity of arming against China and support cheap money policy to stimulate growth.