Japan Hikes Sales Tax

Mark Whittaker is joined from New Delhi by journalist Jyoti Malhotra and from New York by Daniel Strachmann, founder of Hedgeanswers.com.
The Japanese government is increasing sales tax by three per cent as Prime Minister Shinzo Abe tries to kick-start the country's economy. Meanwhile in France, President Francois Hollande has replaced his prime minister with Spanish-born interior minister Manuel Valls but how much difference will it make to the nation's struggling economy? The UN's warned of the "severe, pervasive and irreversible" effects of climate change. We meet those being affected by it already.