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Why is Japan's yen becoming a problem for the US?

18:03

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November 12, 2026

For decades, Japan’s cheap currency helped fuel investments around the world. But the story has turned: the yen is creating new risks for US debt, global markets and Donald Trump.

Enno Hinz covers politics, business and technology with an interest in constructive reporting.
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Image: Waldemar Thaut/PantherMedia/imago images

Business Beyond — going beyond the headlines

The global economy, explained. Business Beyond dives into the most relevant cross-border business stories of today, unraveling economic threads, from trade wars to the global race for AI dominance.

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