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Japan Planning New $100 Billion Stimulus
By: DailyMarkets.com
Posted on April 06, 2009 at 20:01 PM EDT
Japan plans to introduce a new economic stimulus package that includes new spending of at least $100 billion, the country’s finance minister said today (Monday). Japan’s export-dependent economy continues to struggle as world demand plummets and domestic demand remains weak. The economy shrank by 3.2% in the fourth quarter and analysts expect ...
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