Latest update: 16/02/2009 

- Japan - recession


Minister says recession is the worst in post-war period
Minister says recession is the worst in post-war period
Japan's economy shrank in the last quarter of 2008 by its most since the first oil crisis in 1974, hit by an unprecedented slump in exports. Economics Minister Kaoru Yosano said it was the worst recession in the post-war period.

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