Monday, November 17, 2014

Japan's economy makes surprise fall into recession

BBC News - Japan's economy makes surprise fall into recession
Prime Minister Shinzo Abe is widely expected to call a snap election to seek a mandate to delay an increase in the sales tax to 10%, scheduled for 2015.
The tax increase was legislated by the previous government in 2012 to curb Japan's huge public debt, which is the highest among developed nations.


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