Thursday May 24, 2012

JAPAN NEWS AND DISCUSSION

Japan's current account surplus down 42.4%

Business Sep. 08, 2011 - 01:45PM JST ( 4 )

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

-2

bilderberg_2015Sep. 08, 2011 - 12:32PM JST

Can someone please tell me what on earth this article is talking about and how it could possibly affect me?
2

ADK99Sep. 08, 2011 - 12:49PM JST

In general, Japan exports more goods and services than it imports. The gap between the two is the current account surplus. (Or deficit, if a country imports more than it exports). The gap shrunk because of various factors, one of which was the need to import more oil to generate electricity. As for how it could possibly affect you, that's a very difficult question.....
0

ExportExpertSep. 08, 2011 - 01:04PM JST

exports shrank - and the govt are sitting on their hands scratching their arses wondering why, exports shrank coz of the over priced yen you klutzes.

Can you diet members now see the detremental effect the high yen is having on your economy?

Spending more overseas than you sell is never a good idea its simple economics but the govt cant see it.

Bring the yen price down increase exports balance the current accounts.
1

JapanGalSep. 08, 2011 - 02:09PM JST

Imports surged 13.6%, partly due to higher oil prices, with Japan forced to boost fossil fuel consumption to compensate for the shutdown of most of its reactors after the Fukushima nuclear disaster.

As the Yen surged it should have balanced the imported oil prices. There was something else going on.