Grim Japan, U.S. figures show world crisis deepening (Reuters)

A man walks next to a snow covered glass roof at Munich's main train station January 29, 2009. (Michaela Rehle/Reuters)Reuters – Japan sank deeper into recession with industrial output tumbling at a record pace and inflation near zero, while data was expected to show the U.S. economy contracting at its fastest rate in 26 years.

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