day of technical recessions. Really? In the morning it was Japan, and soon after in the afternoon it was UK. So the UK has slipped into recession in the second half of 2023. The UK GDP remember has contracted 0.3% in the fourth quarter, and this is a huge setback for the UK PM, where, he remember, was saying that growing it economy is one of his key pledges. Japan also has slipped into recession. Japan has reported two consecutive quarters of contraction Now. Japan, of course, has now lost the world's third largest economy crown to Germany. Experts believe that India will be seen as even more reliable and will see greater investments as a result of this.
