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Reuters: Japan faces deep recession, central banks slash rates

Started by chris, December 04, 2008, 03:59:14 AM

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chris

Japan faces deep recession, central banks slash rates
      


TOKYO (Reuters) - Japan may be in a deeper recession than first thought as businesses cut spending because of the worsening global recession, which will likely force central banks in Britain and Europe to slash interest rates later on Thursday.<div class="feedflare">
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