CABINET OFFICE OF JAPAN TO DECLARE THAT THE COUNTRY HAS ENTERED INTO RECESSION

Highlights –

• Cabinet Office of Japan to declare that the country has entered into recession.
• This ends the economic expansion that lasted for 71 months.
• In December 2012, the latest streak of economic growth began.
• The coronavirus pandemic also added to the declining economy this year.

The Japanese Cabinet officer is set to announce that Japan has ente....