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Japan slips into recession, worst yet to come as pandemic wreaks havoc

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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, intensifying the challenge for policymakers..
Date Published: May 18, 2020
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