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1.Market Observations

18 Feb 2014 (AFR, NYTimes) – Japan’s Growth Slows, Raising Concerns About Obstacles That Lie Ahead

(18 Feb 2014, AFR, p13, Hiroko Tabuchi, and New York Times)

‘TOKYO — The Japanese economy grew at a tepid rate of 1.0 percent in the final quarter of 2013, falling short of analyst expectations and heightening concerns that Japan’s recovery may not be strong enough to weather further challenges expected this year. Forty-one economists polled by the Japan Center for Economic Research had predicted annualized growth of 3 percent for the quarter. But an unsteady recovery in exports and a surge in imports helped blunt the rate of growth, according to preliminary figures released Monday by the Cabinet Office.’


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