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Report: Abe Delays Tax Hike, Calls Early Election

Japanese media say Prime Minister Shinzo Abe said Tuesday he would delay the planned rise in the nation's sales tax to 10 percent till April 2017 and call a snap election to seek a fresh mandate, just two years after taking office. The moves were expected and come after economic data on Monday showed that Tokyo unexpectedly fell back into recession. No general election need be held until late 2016. But political insiders say Abe - who returned to power in December 2012...

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