Investing.com investing.com 07 Jan, 2021 03:30 am

Plan for Tokyo state of emergency moves forward as COVID-19 cases surge By Reuters

Plan for Tokyo state of emergency moves forward as COVID-19 cases surge By Reuters
Plan for Tokyo state of emergency moves forward as COVID-19 cases surge

Coronavirus disease (COVID-19) outbreak in Tokyo p By Chang-Ran Kim TOKYO (Reuters) - An advisory panel approved on Thursday the Japanese government's plan for a one-month state of emergency, beginning Friday, for Tokyo and three neighbouring prefectures in a bid to contain a surge in new coronavirus cases, now running at record levels.Economy Minister Nishimura said on Thursday that measures to be included in the state of emergency from Friday mean asking restaurants and bars to close by 8 p."Depending on the way infections spread from here on, we may need to think about a state of emergency nationwide," Toshio Nakagawa, president of the Japan Medical Association, told a news conference on Wednesday.Analysts now say the new state of emergency would probably trigger an economic contraction in the first quarter - a reversal from a 2.

Its restrictions centre on measures to combat transmission at bars and restaurants, cited by the government as key risk areas.The four prefectures are home to about 150,000 restaurants and bars.

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