The Shrink
| Use attributes for filter ! | |
| Genres | Dance/Electronic |
|---|---|
| Members | Ronald Fiolet |
| Henri Lookers | |
| Gert-Jan Bel | |
| Albums | Nervous Breakdown |
| Jam Sessions | |
| Shrink | |
| Amazing Club Tracks - vol. 4 | |
| Total Club XXL, Vol. 4 | |
| Record labels | ToCo International |
| Sounds United | |
| DBC Records | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2047587 |
About The Shrink
Japan's economy shrinks at the fastest rate
rise Japan's economy contracted at the fastest rate in five years, to the end of 2019, as it was hit by a VAT, a major typhoon and weak global demand.
the Annualized gross domestic product (GDP) fell by a much steeper than expected, 6. 3% in October-December.
There are also concerns the Corona-Virus outbreak means the break-even this quarter.
This has aroused fears that The World 's third-largest economy falling into a recession.
During the period of Japanese consumer spending 2 fell. 9%, after the country was raised the sales Tax in October to 10% from 8%. In the same month, Typhoon Hagibis, large parts of the country meet.
in the Last Quarter the equipment investment decreased by 3. 7% and exports slipped 0. 1% in the midst of the ongoing US-China trade was.
investors are watching to see whether the economy will recover, after the coronavirus forced China to a standstill, factories, and led to a large decrease in Chinese tourists in Japan.
In response to today's data economy Minister Yasutoshi Nishimura said that the Japanese government was willing to take all the necessary steps, with the effect of the Corona-Virus outbreak on the economy and tourism.
In December, Prime Minister Shinzo, the Abe government approved a $120 billion (£90bn) of the expenditure is aimed at cushioning the impact of the VAT rise.
The decline in GDP was The First in More Than a year and the largest since 7. 4% Fall In the year 2014, The Last time Japan increased its sales Tax .
typhoon hagibis, japan, coronavirus outbreak, companies, economics
Source of news: bbc.com
