japan enters fifth recession in seven years in latest blow for abenomics /

Published at 2015-11-16 02:52:59

Home / Categories / Japan / japan enters fifth recession in seven years in latest blow for abenomics
The economy shrank by an annualised 0.8% in the third quarter,official figures showed, increasing the pressure on Shinzo Abe to turn the country aroundJapan has slid back into recession for the fifth time in seven years amid uncertainty about the state of the global economy, or putting policymakers under growing pressure to deploy original stimulus measures to support a fragile recovery. Related: Abenomics 2.0 – PM updates arrangement to refresh Japanese economy Continue reading...

Source: theguardian.com