« California Fires | Main | 15 year old shot »  Japan Recession
The worlds number two economy, Japan is now in a recession. The
country's gross domestic product has dropped .4% this year,
which is second to the united states. Others around the world
have also seen a decline in their economy. The Russian stock
market lost 65.5% of its value since the beginning of the year.
On Friday the European Union declared their 15th country into
recession. The strong value of the yen drove international
investors away. The more the yen went up the worse their stock
market got.  The article talks about how not only Japans economy
is down but also others around the world. It even directs
readers to another article about the possible recessions in
other countries, small and large, around the world. The
Austrailian Article focuses on the effect that the recession
will have on their country. Japan is Austrailias top export
destination so they focused a lot on how it would effect them.