May 24, 2011

Japan's GDP takes a hit

The Cabinet Office on May 19 said that Japan’s gross domestic product in real terms in the January-March period declined 0.9 percent from the October-December period in 2010 or an annualized 3.7 percent, marking negative growth in two consecutive quarters. GDP in nominal terms, ...

Mar 18, 2011

Disaster clobbers a helper

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NEW YORK, UNITED NATIONS — The massive earthquake and tsunami that rocked and ravaged large parts of northern Japan have caused near apocalyptic devastation to the land and the environment. The 9.0-magnitude shock, the largest ever recorded in the earthquake-prone country, was brutally magnified ...