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Trade troubles for Japan

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Trade troubles for Japan

E
euronews (in English)

3 Views • Aug 19, 2013

Description

The weaker yen is working both for and against Japan.

The country ran its third-biggest trade deficit ever in July - the equivalent of 7.79 billion euros - almost double the amount of a year ago.

The weak yen and rising oil prices made energy imports more expensive, which is likely to hit company profits.

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http://www.euronews.net/