Japan's Economic Outlook Grim

(19 Dec 08 - RV) Japan cut interest rates to just above zero today and announced extra steps to ease a credit crunch that plunged leading economies -- including its own -- into recession. Japan's government says the country's economy will have zero growth in the coming fiscal year, in a gloomy outlook for the world's second largest economy. We spoke to Economic Analyst, Vanessa Rossi, at the UK based Royal Institute of International Affairs who says this downturn in Japan will have a knock on effect.