UH-OH: GLOBAL ECONOMY SLIPPING FURTHER INTO RECESSION: JAPAN ECONOMY SLOWING TO A NEAR HALT

BBC:

 Japan's economic growth slowed in the second quarter as the eurozone crisis hurt exports and domestic consumption remained subdued. Gross domestic product grew by 0.3% during the period from the previous three months. 

That is down from 1% growth in the first quarter. Compared to the same period last year, the economy expanded by 1.4%. Analysts warned that Japan's growth may slow further in coming months amid an uncertain global economic climate.

THIS COULD CONTINUE TO SNOWBALL... STAY TUNED...