UK, Japan economies slip into recession
The United Kingdom’s economy has entered a recession as its gross domestic product (GDP) fell by 0.3 percent in December 2023. According to the UK’s Office for National Statistics (ONS), the fall in GDP was due to a decline in…
Four Japanese Ministers Resign Over Corruption Allegation
A fundraising scandal involving the most influential group of the ruling party in Japan led to the resignation of four cabinet officials on Thursday. Over a five-year period to 2022, more than 500 million yen (£2.8 million; $3.4 million) was…