Economic recovery on hold / Govt lowers outlook on weak production, personal spending
News On Japan via Yomiuri -- Sep 15
The government cut its general economic outlook for the second consecutive month in a monthly economic report released Friday, due chiefly to weak personal consumption and industrial production.
"The economic recovery appears to be pausing due to deceleration of the world economy," it said in the September report.
The government lowered its economic view for two or more consecutive months for the first time since February 2009, when it issued a fifth consecutive downward revision amid the global financial crisis.
The previous report in August said, "The economy is on the way to recovery at a moderate pace, due partly to reconstruction demand" following the March 2011 disaster, while noting "there has been a recent weakening."
"Because of weak production and personal spending, as well as the slowdown of the global economy, the economic recovery is at a standstill," a Cabinet Office official said at a press conference.
The government revised down its outlook on personal spending for the second straight month, saying that "private consumption is almost flat while there has been some decline as of late." This included a fall in new vehicle sales in August from the previous month.
An 18-year-old youth has been arrested on a charge of attempted murder after he allegedly hit a 16-year-old girl in the head with a baseball bat. (Japan Today )
This Monday, members of the seminal metal band X Japan were in Odaiba rubbing shoulders with the likes of Brad Pitt, Lady Gaga and AKB48′s Yuko Oshima. The catch? They were all made out of wax. (Japan Times )
The Ministry of Land, Infrastructure, Transport and Tourism has announced that it intends to draw up a set of unified rules for the use of baby strollers on buses and trains. (Japan Today )
A man stabbed his ex-wife on a street in Isehara, Kanagawa Prefecture, on Tuesday morning, and then caused a car crash while he was fleeing from the scene. (Japan Today )
Tokyo Metropolitan Police on Monday announced the arrest of a broker of Thai females for violating immigration laws by employing the women as masseuses. (Tokyo Reporter )
The parents of a nightclub worker killed in an arson fire three years ago filed a suit in the Nagoya District Court on Monday seeking damages against top members of the Yamaguchi-gumi organized crime group. (Tokyo Reporter )
Kyodo News said Monday that it has dismissed Satoshi Kondo, 51, deputy chief of its general administration bureau and former personnel affairs division chief, for meeting individually with a female student searching for a job and doing an inappropriate act.
(Jiji Press )
Saitama and Okayama prefectural police last week arrested the manager of an online porn DVD operation that specialized in films featuring children. (Tokyo Reporter)