Japan's sales tax was supposed to go up from 8 to 10 percent in April of next year in order to increase much needed state revenue. Now the government has delayed the tax increase to late 2019.
Japanese Prime Minister Shinzo Abe's coalition has secured a comfortable win in parliamentary elections, according to exit polls. He benefits from a strong economy and a weak opposition. Martin Fritz reports from Tokyo.
President Trump has recently been bashing Amazon, accusing it of not paying its fair share of taxes and posing an unfair challenge to conventional retail stores. Despite bluster, concrete action is unlikely, say experts.
Campaigning for Japan's snap election has officially begun, with PM Shinzo Abe defending against an new upstart party. Topics like reviving the economy and North Korea are set to dominate the October 22 vote.
Parliament is to be dissolved on Thursday for the poll, expected to be held in October. Abe is to be challenged by a new party headed by Tokyo's governor Yuriko Koike.
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