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   brink      consecutive      consumers      driver      economists      growth      implications      instability      markets      ominous      possible      problems      purse      quarter      recession      red      slide      stages      surprise      unexpectedly  
Japan has slipped back into , leaving financial analysts to ponder over the for the global economy. Japan's economy shrank for the second quarter. Two successive negative quarters officially puts a country in recession. The in the last quarter has taken economists by . Figures indicated that Japan's economy would grow by 2.1 per cent in the last . Instead, gross domestic product (GDP) fell by 1.6 per cent between July and September. Many attribute the fall to April's increase in sales tax from five to eight per cent. Many Japanese have tightened their strings and are simply not spending.

World leaders are worried that Japan's slide back into recession could be for the global economy. British leader David Cameron said the world was on the of a second economic disaster. He told reporters he saw " warning lights" for the global economy because of international " and uncertainty" and a slowing of growth in emerging , especially Brazil and China. Mr Cameron said the were "plain to see". He added: "The Eurozone is teetering on the brink of a third recession, with high unemployment, falling and the real risk of falling prices. Emerging markets, which were the of growth in the early of the recovery, are now slowing down."

 
 

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