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Japanese Consumers Lead Economic Rebound in First Quarter
By Good News Network Friday, May 18, 2012
Japan's economy bounced back in the first quarter from a year-end lull, powering ahead of other major industrial nations thanks to rebuilding of the tsunami-battered northeast, solid private spending and some improvement in exports.
The first-quarter rise in gross domestic product translated into an annualized rate of growth of 4.1 percent.
(READ the story from Reuters)
Photo by Operation Blessing International
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