Argentine President Javier Milei is scheduled to travel to Israel in June to formally accept …
Read More »Japan’s economy sinks into contraction as spending, investment decline
In the July-September period, Japan experienced a significant economic downturn, with a 2.1% annual contraction reported by the government. This decline was primarily due to decreased consumer spending and investment. Despite being the world’s third-largest economy, Japan faced challenges due to stagnant wage growth. The contraction equated to a 0.5% drop in quarterly terms, marking a sharper downturn than anticipated. …
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