Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
Reference | FYI Jul 29, 2013
Grip on Diet leaves no scapegoats for LDP
by Reiji Yoshida
The Liberal Democratic Party won a landslide victory in the July 21 Upper House election and regained control of both chambers of the Diet, ending years in which the legislature was effectively divided and bills were held hostage. In recent years, whatever force was ...
Politics & Diplomacy Jun 27, 2013
Abe hopeful ruling bloc juggernaut cleans up in Upper House poll in July
by Reiji Yoshida
Prime Minister Shinzo Abe vowed Wednesday to ensure the Liberal Democratic Party-New Komeito ruling bloc recaptures control of the Upper House in the July election, bringing an end to the divided Diet. Boasting the achievements of his “Abenomics” economic policies, which, other than the ...