JAPAN’S ECONOMY COULD LIKELY TAKE A HIT OF $36 BILLION

Highlights –

• Japan’s economy could likely take a hit of $36 billion.
• COVID-19 variant could cause Japan’s economy to fall again.
• With the spread of mutations, Tokyo could deal with over 1,400 daily infections in May.
• The University team estimates Tokyo would sustain a more than 2 trillion yen hit.

University of Tokyo economists’ report....