Japan to declare coronavirus emergency, launch stimulus of almost $1 trillion: PM [Reuters (UK)]
Canon, Inc. American Depositary Shares (CAJ)
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Source: Reuters
Japan to declare coronavirus emergency, launch stimulus of almost $1 trillion - PM - Reuters 4 Min Read TOKYO (Reuters) - Japan is to impose a state of emergency in Tokyo and six other prefectures as early as Tuesday to contain the coronavirus, while the government prepares a $990 billion (£804.29 billion) stimulus package to soften the economic blow. Domestic infections topped 4,000, Jiji news reported, and 93 have died - not a huge outbreak compared with some global hot spots. But the numbers keep rising, with particular alarm over the spread in Tokyo, which has more than 1,000 cases including 83 new ones on Monday. “Japan won’t, and doesn’t need, to take lockdown steps like those overseas,” Prime Minister Shinzo Abe told reporters, citing the opinion of infectious disease experts. “Trains will be running and supermarkets will be open. The state of emergency will allow us to strengthen current steps to prevent an increase in infections while ensuring that economic activity is sustai
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