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Banknotes of Japanese yen are seen in this illustration picture taken June 15, 2022.

REUTERS/Florence Lo/Illustration

What’s happening to the yen, in plain English

Japan’s yen was trading at just a hair under 152 to the US dollar Wednesday, the weakest rate in 34 years, triggering speculation about a government intervention. But what the heck does that mean?

The background. Japan’s economy has had a weird problem for a long time: deflation. While most central banks worldwide have set high interest rates to combat inflation, Japan only last week ended its controversial negative interest rate policy.

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Jess Framptom

GZERO Wrapped 2023

‘Tis the Spotify Wrapped season! (Or Apple Music replay season, for those of us out of step with the cultural zeitgeist). In the spirit of everyone sharing their most-played tracks of the year, the GZERO team decided to look back at some of our top-viewed articles of 2023. You’ll never guess who wrote our top pick …

Plus, check out GZERO’s totally real and definitely not photoshopped 2023 Spotify Wrapped playlists from some of your favorite politicians.

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