Japan's bold drive to end almost two decades of deflation and economic decline is in danger of stalling this year as the country raises consumption tax before recovery is secure, Nobel economist Joseph Stiglitz has warned. "We are hitting a moment of fragility, there is a significant risk that growth will sputter just as it did in 1997 when they raised VAT too soon," said Prof Stiglitz, speaking a
Jump to navigation Hideaki Ueda was addressing a session of the UN committee on torture in Geneva. Japan's own record on human rights had earlier been called into question, with a delegate from Mauritius reportedly criticising the Japanese legal practice of not permitting a suspect to have a legal representative present during questioning that can last as long as three weeks. In a video that has s
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