Recession risk looms as Japan eyes 3rd state of emergency to contain pandemic


  • World
  • Thursday, 22 Apr 2021

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

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.

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