Recession risk looms as Japan eyes 3rd state of emergency to contain pandemic
FILE PHOTO: Passersby wearing protective face mask walk past a concourse amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan April 16, 2021. Picture taken by slow shutter speed. REUTERS/Stringer reuters tickers
This content was published on April 22, 2021 - 06:45
April 22, 2021 - 06:45
By Leika Kihara and Daniel Leussink
TOKYO (Reuters) -Japan s government is expected to issue a third state of emergency on Tokyo and three western prefectures that could last for about two weeks, according to media reports, underscoring its struggle to deal with a surge in new COVID-19 case numbers.
Japan’s government is expected to place Tokyo and three western prefectures under a third state of emergency that could last for about two weeks, according to media reports, underscoring its struggle to deal with a surge in new COVID-19 case numbers.
Some analysts say the decision, expected to be made as early as Friday, may push Japan back into recession if retailers are asked to close during the Golden Week holidays, which start next week and run through early May.
A renewed state of emergency and a slow vaccine rollout would also cast doubt on whether Tokyo can host the Olympics in July, despite Prime Minister Yoshihide Suga’s assurances it will proceed as planned. Tokyo 2020 organisers said a policeman who worked with the torch relay in western Kagawa prefecture had tested positive for the virus.
Thursday, 22 Apr 2021 12:16 PM MYT
Passersby wearing protective masks stroll through Kabukicho entertainment district during the Covid-19 pandemic in Tokyo April 6, 2021. Reuters pic
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TOKYO, April 22 Japan’s government is expected to issue a third state of emergency on Tokyo and three western prefectures that could last for about two weeks, according to media reports, underscoring its struggle to deal with a surge in new Covid-19 case numbers.
Some analysts say the decision, expected to be made as early as tomorrow, may push Japan back into recession if retailers are asked to close during the Golden Week holidays, which start next week and run through early May.
By Leika Kihara and Daniel Leussink TOKYO (Reuters) - Japan s government is expected to issue a third state of emergency on Tokyo and three western prefectures that could last for about two weeks, according to media reports, underscoring its struggle to deal with a surge in new COVID-19 case numbers. Some analysts say the decision, expected to be made as early as Friday, may push Japan back into recession if retailers are asked to close during the Golden Week holidays, which start next week and run through early May. A renewed state of emergency would also cast doubt on whether Tokyo can host the Olympics in July, despite Prime Minister Yoshihide Suga s assurances it will proceed as planned.
Recession risk looms with 3rd state of emergency Apr. 23 06:30 am JST Apr. 23 | 04:14 pm JST TOKYO
Japan s government is expected to issue a third state of emergency on Tokyo and three western prefectures that could last for about three weeks, according to media reports, underscoring its struggle to deal with a surge in new COVID-19 case numbers.
Some analysts say the decision, expected to be made as early as Friday, may push Japan back into recession if retailers are asked to close during the Golden Week holidays, which start next week and run through early May.
A renewed state of emergency would also cast doubt on whether Tokyo can host the Olympics in July, despite Prime Minister Yoshihide Suga s assurances it will proceed as planned.