TOKYO, June 1, 2016 - Japanese Prime Minister Shinzo Abe speaks during a press conference at the prime minister's official residence in Tokyo, June 1, 2016. Japanese Prime Minister Shinzo Abe on Wednesday announced he will delay an already controversial planned tax hike further from April 2017 to October 2019 in a surefire sign that his once-revered "Abenomics" blend of economic policies has failed to breathe life into Japan's ailing economy.

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