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Japan Slips Into Recession

Japan's economy unexpectedly slipped into recession in the third quarter, making it almost certain that Prime Minister Shinzo Abe will delay an unpopular sales tax hike and call a snap election two years before scheduled polls. The bad news Monday comes two years after Abe took office, pledging to improve the slumping economy through massive public stimulus spending and reforms, a plan he called "Abenomics." Economists had predicted the world's third-largest...

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