Japan 's 'quintuple dip' recession delivers a fresh blow to Abenomics
by Reuters from on (#TPJH)
The economy shrank for the second quarter in a row for the fifth time in seven years, figures showed, increasing the pressure on Shinzo Abe
Japan has slid back into recession for the fifth time in seven years amid uncertainty about the state of the global economy, putting policymakers under growing pressure to deploy new stimulus measures to support a fragile recovery.
Related: Abenomics 2.0 - PM updates plan to refresh Japanese economy
Continue reading...