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.
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It's harder for the U.S. to claim legitimacy for circumventing U.N. paralysis, it has used the veto more often than China and Russia combined since the end of the Cold War.