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Japan's economy drops into recession

Japans premierminister, Shinzo Abe. Arkivfoto: Koji Sasahara/AP

TOKYO — Japan has officially tipped back into recession, with new figures Monday showing that the world's third-largest economy shrank for the second quarter in a row as consumers kept their yen in their pockets.

The worse-than-expected figures offer statistical proof that Prime Minister Shinzo Abe's much-touted "Abenomics" revival plan has not boosted growth in Japan's stubbornly lackluster economy...

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