Japan lowers its economic growth forecast due to rising oil prices. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

Japan lowers its economic growth forecast due to rising oil prices. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

TOKYO, July 30 : Japan's government cut its economic growth forecast for the current fiscal year on Thursday, as higher oil prices linked to Middle East tensions squeeze household…