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flag Japan's PM warns of a dire debt crisis, worsened by economic contraction and U.S. tariffs.

flag Japan's Prime Minister, Shigeru Ishiba, warns that Japan's debt crisis is worse than Greece's, with the country's debt at 234.9% of GDP. flag Recent economic indicators show the economy contracted by 0.7% in the first quarter, and borrowing costs have risen, with yields on long-term bonds reaching record highs. flag The situation is compounded by U.S. tariffs on Japanese goods, particularly affecting the auto industry, and a weakening yen could exacerbate inflation and import prices.

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