Japan government downgrades economy view as global slowdown weighs

TOKYO (Reuters) - Making its economic assessment for October, Japan's government described the economy as recovering at a moderate pace, but said exports were showing prolonged weakness, which was a slightly bleaker view than last month.The assessment still implied domestic demand remained firm enough to offset risks to Japan's export-driven economy from a global growth slowdown.But the downbeat estimation could lead to calls on the government to swiftly open its purse strings and add pressure..