Japan’s GDP Falls by Record 27.8% in Q2
Japan’s economy entered a recession even before the coronavirus pandemic and could be facing a long road to recovery.
Japan to Declare Emergency, Approves $1T Stimulus Package
The stimulus aims to limit job losses and bankruptcies and initiates a post-pandemic, V-shaped economic recovery.
Japan’s Cabinet Approves $122B Stimulus Package
The country has struggled with a slump of exports, a sales tax hike in October, and natural disasters.