By Helen Regan, CNN (CNN) — Japan’s ruling party will elect its new leader Friday, and the winner will become the country’s next prime minister. Out of a record nine candidates, three frontrunners are fighting a very close race that will likely end in a runoff vote. The winner will take the helm of the world’s fourth-largest economy at a time of rising living costs, exacerbated by the weak yen and high inflation, as Japan faces growing security challenges in the region and friction with neighbors including China. Among the favorites vying to lead the long-ruling, scandal-plagued Liberal Democratic Party (LDP) is Sanae Takaichi, the conservative economic security minister who could b
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