Abe Is Closer to Sales-Tax Call After Global Risks Warning

  • Decision possible next week, certain before summer election
  • Previous hike in levy pushed Japan’s economy into recession

Global Leaders Tangle Over Growth at G-7

Japanese Prime Minister Shinzo Abe is getting closer to a potential announcement on delaying an increase in the sales tax after his warning at a Group of Seven leaders meeting that the global economy faces significant risk of another crisis.

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