Japan prime minister calls snap election

Japan’s prime minister has called a snap election and put off a sales tax hike planned for next year as the country struggles to fend off recession.

Japan prime minister calls snap election

Japan’s prime minister has called a snap election and put off a sales tax hike planned for next year as the country struggles to fend off recession.

Shinzo Abe said he had decided to postpone a second tax hike until 2017 after the economy slumped into recession following a tax increase in April, showing it is too weak for another increase.

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