Japan’s shrinking economy. After two consecutive quarters of growth, Japan’s economy is going the opposite direction (again), shrinking 5.1 percent on an annualized basis (1.3 percent quarter over quarter) in the first three months of the year. At this point, the country is expected to see a modest rebound in the second quarter. Russia’s shrinking […]
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Daily Memo: Shrinking Economies in the First Quarter
Russia and Japan released some gloomy economic figures for the first three months of this year.
