BREAKING: Japan's economy enters recession

After Germany, now Japan. The vassals of the USA after the package of sanctions against Russia, one by one began to fall into recession.

Japan's economy slipped into a recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, data showed on

Thursday, raising uncertainty about the central bank's plans to exit its ultra-easy policy sometime this year.

Gross domestic product (GDP) fell an annualized 0.4% in the October-December period after a 3.3% slump in the previous quarter, government data showed. It compared with a median market forecast of a 1.4% increase.

Two consecutive quarters of contraction are typically considered the definition of a technical recession.

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