Japan’s Abe calls for polls
November 18, 2014
TOKYO – Japan’s Prime Minister Shinzo Abe called a snap election for December and put off a sales tax hike planned for next year until 2017 as the country struggles to fend off recession.
Mr. Abe said on Tuesday that he decided to postpone a second tax hike after Japan, the world’s third-largest economy, slumped into recession due to a tax increase in April. Abe said he will dissolve parliament on Friday. The election is scheduled for mid-December. More.