Japan slips into recession, worst yet to come as pandemic wreaks havoc
By Leika Kihara and Tetsushi Kajimoto
TOKYO (Reuters) – Japan’s economy slipped into recession for the first time in 4-1/2 years, GDP data showed on Monday, putting the nation on course for its deepest postwar slump as the coronavirus crisis takes a heavy toll on businesses and consumers.
The world’s third-largest economy shrank for the second consecutive quarter in the three months to March, …continued .
[Source: CNBC News]