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Posts tagged as “japan”

Japan braces for worst postwar slump as pandemic tips economy into recession

Japan braces for worst postwar slump as pandemic tips economy into recession Leika Kihara, Tetsushi Kajimoto – Reuters May 18, 2020 Japan’s economy slipped into recession for the first time in 4-1/2 years in the last quarter, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers. Monday’s first-quarter GDP data underlined the broadening impact of the outbreak, with exports plunging the most since the devastating March 2011 earthquake as global lockdowns…

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