1. Today's Japanese words
Here's some basic Japanese vocabulary related to the economy with romaji:
* **Keizai (経済):** Economy
* **Kigyou (企業):** Company, business
* **Sangyou (産業):** Industry
* **Tsūka (通貨):** Currency
* **Bōeki (貿易):** Trade
* **Tōshi (投資):** Investment
* **Kabushiki (株式):** Stock
* **Kachiku (家畜):** Livestock (related to agriculture and economy)
* **Nōgyō (農業):** Agriculture
* **Keieisha (経営者):** Business manager
* **Keiki (景気):** Economic conditions
* **Keikikaifuku (景気回復):** Economic recovery
* **Fukyō (不況):** Recession
* **Infurēshon (インフレーション):** Inflation (opposite of deflation)
* **Gensai (減税):** Tax cut
* **Liritsu (利率):** Interest rate
* **Chingin(賃金):** Wages
2. Today's topic
The Japanese economy is the world's fourth largest by nominal GDP, boasting a highly developed and diversified manufacturing and service sector. They are a major producer of motor vehicles, steel, and high-tech goods. However, Japan has faced challenges in recent decades, including slow growth and deflation.
Japan's economy is a complex mix of strengths and weaknesses. Here's a closer look:
* **Strengths:**
* **Leading manufacturer:** Japan remains a global leader in manufacturing, particularly in areas like automobiles, electronics, and robotics.
* **Weaknesses:**
* **Slow growth:** Japan has struggled with stagnant economic growth for several decades, a period known as the "lost decades."
* **Deflation:** Japan has also faced deflation, a persistent decrease in prices, which can discourage spending and investment.
* **Aging population:** Japan has a rapidly aging population, which can put a strain on social security and healthcare systems.
3- Today’s news
Japan’s economy avoids recession by growing in last year’s final quarter, according to revised data
https://www.asahi.com/sp/ajw/articles/15195672
The results also highlight the sluggishness of private consumption, reflecting a decline in purchasing power. Private consumption is likely to remain weak
North Korea to stay in Pyongyang, says Japan's football association
https://www.channelnewsasia.com/sport/world-cup-qualifier-against-north-korea-stay-pyongyang-says-japans-football-association-4186821
The move came after the JFA had asked Asian officials to shift the game away from Pyongyang over a lack of operational transparency and a scarcity of flights, among other issues.
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