Japan economy

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Japan's Economy Shrinks More Than Expected

Rising yen, falling international demand, led to 2.3% contraction

(Newser) - Economists were expecting the Japanese economy to contract in the last quarter of 2011, but not this badly, reports the BBC . Japan's gross domestic product shrunk 2.3% in the last three months of the year, much worse than the 1.4% economists were predicting, due to the yen... More »

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