Japan's economy is no longer the third biggest in the world. Germany surpassed the Asian nation in that ranking after the latter entered a recession and contracted during the final half of 2023. According to official data, sluggish domestic demand caused Japan's GDP to contract unexpectedly. Due to this, the central bank's intentions to end its highly loose monetary policy this year have become less assured.
Memorial demolished: In St. Petersburg, mourners placed flowers for Alexey Navalny
In Russia, a flower memorial to opposition leader Alexey Navalny was destroyed. Overnight, unidentified individuals took flowers that had been placed at the monument honoring victims of political repression in Saint Petersburg. There are also reports of other tributes being destroyed. Around the country, Russians attempting to grieve were detained by police. According to prison officials, Navalny passed away on Friday in an Arctic prison colony from what they refer to as "sudden death syndrome."
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