Japan braces for rise in sales tax

The tax will increase from 5 percent to 8 percent on Tuesday in an attempt to reduce the country's debt.

    Japan's sales tax will rise from 5 percent to 8 percent on Tuesday to help cut government debt levels.

    The weeks leading up to the rise saw an upsurge in spending, as shoppers rushed to beat the deadline day.

    Now businesses are now bracing for a downturn that business owners hope is brief.

    Al Jazeera's Harry Fawcett reports from Tokyo.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    The War in October: What Happened in 1973?

    The War in October: What Happened in 1973?

    Al Jazeera examines three weeks of war from which both Arabs and Israelis claimed to emerge victorious.