Japan PM Takaichi reportedly states intention to dissolve parliament's lower house

Japan's Prime Minister Takaichi has reportedly conveyed her intention to dissolve the lower house of parliament. This move could set up for a snap election possibly in early or mid-February. The next ordinary Diet session is scheduled for January 23, marking a significant departure from the norm, as it would be the first time since 1992 that the lower house is dissolved at the start of the calendar year. Typically, lawmakers focus on passing the budget for the upcoming fiscal year. Takaichi's motive appears to consolidate support and expand ruling coalition seats while her approval ratings remain high. However, the ongoing tensions with China may pose additional challenges, providing opposition lawmakers with ammunition to question her leadership. If the lower house dissolves, a snap election could be held on February 8 or 15, warranting close attention to these dates.