March 28 (Bloomberg) -- In the year since Japan’s
devastating earthquake and tsunami, the nation’s many deficits
have been cast in stark relief.
The budget deficit is widening as the cost of rebuilding
the northeast mounts. The growth shortfall is worrying
politicians more than ever and making it hard for Yoshihiko
Noda, the sixth prime minister in five years, to keep his job.
Deflation is a chronic downer. News that the trade gap
disappeared last month was, for now at least, a rare hint that
better days may lie ahead.
