Posted inJapanNortheast Asia

Abe hit by growth plunge, falling support, virus

Bad things happen in threes, the old saying goes. And then some, if you’re Japanese Prime Minister Shinzo Abe. The first blow was the surprisingly deep 6.3% plunge in annualized fourth-quarter growth from the previous quarter. Japan’s biggest contraction since 2014 shows how much damage the trade war and last year’s sales-tax increase are wreaking on Asia’s […]