May 2011
1 post
Japan returns to recession →
crazynutjob:
Japan’s economy shrank by almost double the margin economists had expected, as the country returned to recession with a second consecutive quarter of contraction.
The gross domestic product contracted by 0.9% during the January-March quarter, marking a 3.7% year-on-year drop, the Cabinet Office reported Thursday.
Note that the March 11 earthquake was near the end of the...
