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Abe set to announce delay, early elections

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Abe may need a bracer before his big announcement.   © Reuters

TOKYO -- Fearing further damage to an economy that has shrunk for two straight quarters, Prime Minister Shinzo Abe will announce Tuesday that he intends to seek an 18-month delay to a consumption tax increase set for next October.

     Abe will also declare his intention to dissolve the lower house and call a general election to hear the public's judgment on the delay.

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