Why Japan's Prime Minister Just Called An Early Election
Japanese Prime Minister Shinzo Abe is doing all he can to hold onto power in the face of an unexpected recession, including calling an early election.By Sebastian Martinez | November 18, 2014
If Japan's slip into recession this week shocked Prime Minister Shinzo Abe as much as it did the rest of the world, he's done a good job of hiding it.
The prime minister has acted quickly in the wake of the economic constriction — postponing a sales tax planned for next year by at least 18 months and calling an election for mid-December. (Video via BBC)
That last move appears to have caused some confusion, seeing as the prime minister technically doesn't need to hold an election until 2016, the end of his four year term. (Video via Financial Times)