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Japanese PM Yoshihiko Noda calls an election for Dec 16 after the upper house approves a bill to...

  • Friday, November 16, 2012, 3:37 AM ET
    Japanese PM Yoshihiko Noda calls an election for Dec 16 after the upper house approves a bill to issue bonds that will fund government spending for the rest of the FY and stop it from running out of money. The decision will make compiling an extra budget to stimulate the economy difficult, while the drafting of next FY's budget will be delayed.
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