BUSINESS DAILY - Japanese economy slumps after sales tax rise
FRANCE 24 English
2014-08-13
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The Japanese economy sharply contracted in the three months from April to June, the worst slump seen since the earthquake and tsunami that hit the country in 2011. The 1.7% contraction comes after Prime Minister Shinzo Abe's government increased sales tax in April. Also today: Samsung moves to cut binge drinking by employees at work events.
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