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Japanese Prime Minister Sanae Takaichi’s party is set to win 274 to 328 of the 465 seats in Japan’s lower house of parliament, well above the 233 needed for a majority, according to exit polls published by public broadcaster NHK.

Together with its coalition partner, the Japan Innovation Party, known as Ishin, Takaichi’s Liberal Democratic Party (LDP) could ⁠secure as many as 366 of the 465 seats in the more-powerful lower house in Sunday’s election, according to NHK.

“We have consistently stressed the importance of responsible and proactive fiscal policy,” Takaichi told reporters after media projections showed her party triumphing in the snap lower house election.

“We will prioritise the sustainability of fiscal policy. We will ensure necessary investments.”

While Takaichi is hugely popular, the ruling LDP, which has governed Japan for most of the last seven decades, has struggled due to funding and religious scandals. The PM called Sunday’s snap elections only after three months, in hopes of turning the party’s political fortunes.

However, Takaichi’s election promise to suspend the eight percent sales tax on food to help households cope with rising prices has spooked investors, who are concerned about how the nation with the heaviest debt burden among advanced economies will fund the plan.

Nevertheless, residents trudged through winter weather to cast their ballots with record snowfall in parts of the country snarling traffic and requiring some polling stations to close early.

“It feels like she’s creating a sense of direction – like the whole country pulling together and moving forward. That really resonates with me,” Kazushige Cho, 54, told Reuters news agency.

Meanwhile, Niigata resident Mineko Mori, 74, padding through the snow with her dog, said she worried that Takaichi’s tax cuts could saddle future generations with ‌an even bigger burden.

‘She can push any legislation’

Craig Mark, a lecturer at Hosei University, says Takaichi’s apparent success in early election results likely gives the LDP the ability to “override the opposition parties”.

“Essentially, she can push through any legislation she wants, whether it’s the record budget that was recently approved or defence spending,” Mark told Al Jazeera from the capital Tokyo.

It is also the “greatest chance” for Takaichi to change the country’s image as a pacifist nation, he added. Japan’s post-World War II constitution does not officially recognise the military, and limits it to nominally self-defensive capabilities.

The head of Japan’s top business lobby, Keidanren, welcomed the result as restoring political stability.

“Japan’s economy is now at a critical juncture for achieving sustainable and strong growth,” Yoshinobu Tsutsui said.

China tensions

China will also be keeping a close eye on ‌the results.

Weeks after taking office, Takaichi touched off the biggest dispute with China in over a decade by publicly outlining how Tokyo might respond to a Chinese attack on Taiwan.

A strong mandate could accelerate her plans to bolster military defence, which Beijing has cast as an attempt to revive Japan’s militaristic past.

“Beijing will not welcome Takaichi’s victory,” said David Boling, principal at the Asia Group, a firm that advises companies on geopolitical risk.

Donald Trump has met with Honduran President Nasry Asfura in Florida, with the US president hailing what he described as a growing alliance aimed at curbing drug trafficking and irregular migration.

Trump said he met with his “friend” Asfura, a conservative businessman, at his Mar-a-Lago resort on Saturday. Asfura took office last week after a razor-thin election victory.

“Tito and I share many of the same America First Values,” said Trump, using Asfura’s nickname. Trump had strongly backed Asfura during his campaign, even threatening to cut off aid to Honduras if he lost.

“Once I gave him my strong Endorsement, he won his Election!” Trump wrote on his Truth Social platform.

Following the meeting, Trump praised what he described as a close security partnership between the US and Honduras, saying they would collaborate to “counter dangerous Cartels and Drug Traffickers, and deporting Illegal Migrants and Gang Members out of the United States”.

Asfura is expected to brief Honduran media about the meeting on Sunday, “detailing the issues discussed, the tone of the conversation, and the possible outcomes of the dialogue”, according to Honduras’s El Heraldo newspaper.

The Honduran president’s meeting with Trump comes less than a month after a January 12 meeting with US Secretary of State Marco Rubio, after which the two countries announced plans for a free trade deal.

Asfura’s rise to power gives Trump another conservative ally in Latin America, following recent electoral shifts in countries including Chile, Bolivia, Peru and Argentina, where leftist governments have been replaced.

Just before the Honduran election, Trump pardoned the country’s former President Juan Orlando Hernandez, a fellow member of Asfura’s party who was serving a 45-year prison sentence in the US for drug trafficking.

That pardon “was widely seen as a gesture of solidarity with the new president’s [Asfura’s] party”, said Al Jazeera’s Phil Lavelle, reporting from Palm Beach, Florida.