Japan's economy shrank 0.5 percent in first quarter 2024

Deputy Chief of Staff Affirms Support for Sovereign Decisions and Military Readiness

Deputy Chief of Staff, Major General Ahmed Al-Basar, chaired a meeting at the Ministry of Defense, emphasizing the military's commitment to supporting sovereign decisions and enhancing combat readiness.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Turkey's exports to neighboring countries exceed $28 billion in 2025

Turkey's revenues from exports to neighboring countries made $28.352 billion in 2025, marking an increase of 4.6% compared to 2024, when they amounted to $27.092 billion.

Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations

The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.

Last Update: ، 2026/01/12 Time 02:44:44
Latest News:

Deputy Chief of Staff Affirms Support for Sovereign Decisions and Military Readiness

President al-Alimi calls on international community to establish new phase of promising partnership in ..

Ministry of Human Rights Condemns Houthi Militia Decision to Execute Three Citizens in al-Mahweet

Foreign Minister discusses bilateral relations, strengthening joint coordination with his Egyptian counterpart

Resumption of Flights via al-Ghaydah International Airport

Japan's economy shrank 0.5 percent in first quarter 2024

[10/06/2024 06:20]

TOKYO-SABA
Japan's economy recorded a contraction of 0.5 percent of GDP, compared to the fourth quarter of last year 2023, which recorded a quarterly growth of 0.1 percent the first quarter of 2024,

Japan's government office's data showed today, Monday, that the economy contracted during the first quarter by 1.8 percent annually, while analysts had expected an annual contraction of 2 percent after annual growth of 0.2 percent during the fourth quarter of last year.

The data indicated that capital spending during the first quarter recorded a quarterly contraction of 0.4 percent, while the rate of contraction of consumer spending remained unchanged at 0.7 percent compared to preliminary data released earlier.