Japan trade deficit swells to record in 2014

Japan's trade deficit swelled to a record $109 billion in 2014, data showed Monday, mostly because of huge post-Fukushima energy bills, but analysts said a recent drop in oil prices would shrink the yawning gap. The shortfall of 12.78 trillion yen, Japan's fourth-consecutive annual deficit, was 11.4 percent wider than 2013 and was the worst since records began in 1979, according to the finance ...



from Google News, Yahoo! News, Wikinews, NY Times National News by search term http://ift.tt/1EKaK8O

via IFTTT