BoJ’s Shirakawa raises concerns over Japan’s growth outlook

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Japan is at risk of entering a "severe" economic situation unless measures to address the economy's long-term growth prospects are achieved, Masaaki Shirakawa, governor of the Bank of Japan, said on Monday.

At a meeting with business leaders in Nagoya, Japan, Shirakawa said supply-chain disruptions due to the Great East Japan Earthquake, the appreciation of the yen since this summer, and the recent floods in Thailand meant Asia, as a whole, was in a "very severe" economic situation. However, he

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