FOCUS:Japan, now world's No. 4 economy, on steep road to reverse low growth

Japan's economy is facing more headwinds than previously thought, after it dropped to the world's fourth-largest, trailing the United States, China and now Germany, and unexpectedly slipping into recession last year.With a persistently weak yen blamed for making the size of the economy look smaller in U.S. dollars, the ranking reversal may prove a blip in the end. Still the latest development underscores the fragility of an economy that this year may see the first interest rate hike since 2007.Germany's nominal gross domestic product stood at $4.46 trillion in 2023, compared with Japan's $4…READ FULL ARTICLE