Welcome Japan to Recession
Zul • November 17th, 2008 • All Around The WorldJapan has officially entered the recession after the Japanese Cabinet’s office confirmed today that the country’s economy has contracted for its second successive quarters.
Japan’s gross domestic product, GDP, has fallen by a further 0.4 percent, slipping the country into the inevitable predicament, as many analysts have predicted before. In a way, the recession announcement is [...]
