For those of you who are a bit older you may remember the famous women singer Mahalia Jackson with her song which became famous all over the Western world: In his hand….

For those of you who are a bit older you may remember the famous women singer Mahalia Jackson with her song which became famous all over the Western world: In his hand….When I read the story below I could not but remember this song [even if we don’t lack Jewish sources which claim the same every day…]

Japan’s economy was already wobbly. Then came the coronavirus.

Japan’s economy shrank in the last three months of 2019 following a devastating typhoon and a tax increase on shoppers. Now the coronavirus threatens to put the world’s third-largest economy, after the United States and China, into its first recession in five years.

Japan’s output shrank at an annual rate of 6.3 percent in the fourth quarter period, the government said on Monday. The country’s consumption tax was raised to 10 percent from 8 percent in October, depressing consumer spending. Days after the tax increase went into effect, Typhoon Hagibis slammed into Japan, causing enormous damage and further suppressing economic activity.