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Japan: Big hurdle ahead
  • Vitaliy_KiselevVitaliy_Kiselev

    Japan's current account deficit widened to a record 1.5tn yen ($15bn; £8.7bn) in January, the largest since records began in 1985.

    In further bad news, the country's economic growth figures were also revised downwards. Japan's economy grew by 0.7% in 2013, down from an initial estimate of 1%.

    From October to December 2013 Japan's economy grew by just 0.2%, after earlier estimates showed an increase of 0.3%.

    Main thing to understand here is that such situation sooner or later will lead to issues with current yen approach by their central bank.

    http://www.bbc.com/news/business-26510495

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