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Business Matters: Japan's economy shrinks at fastest rate in five years

Japan economy shrinks at fastest rate in five years

18/02/2020 GMT

Japan's economy shrinks at fastest rate in five years

BBC World Service - Business Matters, Japan's economy shrinks at fastest rate in five years

Fears of a recession grow after GDP fell by 1.6% in the final quarter of 2019.

Fears of a recession grow after the country's GDP fell by 1.6% in the final quarter of 2019, as the full economic impact of the coronavirus is still to come. Devin Stewart, senior fellow at the US-based Eurasia Group Foundation, tells us what this means for the world's third largest economy.

Is an iPhone shortage on the horizon? Manufacturer Apple says production is down and has warned it won't meet its previous revenue guidance. Our business reporter Zoe Thomas brings us up to date from San Francisco.

And we find out the fate of The Skagway News, based in Alaska. Its owner announced he was giving away the local paper at the end of last year. But did he find the perfect new owner?

Sasha Twining is joined throughout the programme by Sushma Ramachandran, independent business journalist and columnist for the Tribune newspaper, in Delhi, and Alexis Goldstein, activist and financial reform advocate, who's based in Washington.

(Picture: A woman wearing a mask in Tokyo. Credit: David Mareuil/Anadolu Agency via Getty Images)

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