Quotes of the Day

Japan's re-appointed Economics Minister Kaoru Yosano speaks during a news conference at the prime minister's official residence in Tokyo September 24, 2008.
Tuesday, Nov. 18, 2008

Open quoteJapan is in a very serious situation.Close quote

  • KAORU YOSANO,
  • Japan's economy minister, warning that the world's second largest economy — which announced it was in a recession on Nov. 17 — will deteriorate further due to collapsing sales of Japanese products in the United States and Europe
Photo: TORU HANAI / REUTERS | Source: Washington Post