Expanded emergency to shrink Japan`s GDP by 2.1 tril. yen: estimate
(WorldNews Japan)

An expansion of Japan`s latest state of emergency over the coronavirus pandemic into three western prefectures is likely to decrease the country`s economy by 2.1 trillion yen ($20.1 billion), or 0.4 percent of annual gross domestic product, according to an economist. Toshihiro Nagahama, chief economist at the Dai-ichi Life Research Institute, made the estimate as Prime Minister Yoshihide Suga plans to include Osaka, Kyoto and Hyogo prefectures in areas...