JAPAN EDGES TOWARDS RECESSION AS ITS EXPORTS TAKE A BEATING

HIGHLIGHTS:

• Japan loses out on major exports from its leading trading partners
• Even before the pandemic, Japan was struggling to find its stability as an economy
• The pandemic acted as a catalyst which accelerated the progress towards recession a

TOKYO TAKING A HIT ACCELERATING JAPAN TOWARDS RECESSION

Highlights:

• Japan was already a weak economy
• It was nearing recession any way
• The pandemic is accelerating it

Stay at home orders, lockdowns and even state of emergencies have all affected businesses the worst possible way. True that some ...

Japan diving headfirst towards recession, Germans witness a slump.

The Japanese economy is heading towards a recession as the third-largest economy, saw a drop of 6.3 percent in the last quarter of 2019, while as Germany the world’s fourth-largest economy is expected to stumble as a result of weak consumer demand and cut in trades with china. The final qua...