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Japan PM proposes state of emergency over virus, $1-trillion stimulus

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Japan PM proposes state of emergency over virus, $1-trillion stimulusJapan’s prime minister Monday proposed a state of emergency for several major regions seeing a sharp rise in coronavirus cases, as well as a stimulus package worth $1 trillion to cushion the impact on the world’s third-biggest economy. The official declaration of the state of emergency would likely come as soon as Tuesday, Shinzo Abe told reporters, as the country grapples with a recent spike in coronavirus cases, especially in the capital Tokyo. “Currently, we are seeing rapid increases of new infections particularly in urban areas like Tokyo and Osaka,” said Abe.

Source: yahoo.com/news