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Japan's PM warns of a dire debt crisis, worsened by economic contraction and U.S. tariffs.
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.
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.
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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El primer ministro de Japón advierte de una grave crisis de deuda, empeorada por la contracción económica y los aranceles estadounidenses.