Extending the state of emergency to the 31st
May 7, 2021 (Friday) Cloudy with light rain
・The government extended the state of emergency for COVID-19 measures, which had been set to expire on the 11th, to the 31st.
Lawmaker said that, in addition to Tokyo, Osaka, Kyoto, and Hyogo, Aichi and Fukuoka would now be included.
The government is moving toward a framework that does not require department stores and other facilities to close, and generally allows operations until 8:00 PM.
State of Emergency and Priority Measures to Prevent Spread (extended to 31st): Saitama, Chiba, Kanagawa, Ehime, Okinawa
Additional measures to be implemented; Hokkaido, Gifu, Mie; lifting in Miyagi.
・In the 1910s, later to become British Prime Minister, Churchill decided to switch the British Navy's fuel from coal to oil ahead of other nations.
This increased the speed and range of warships, helping Britain become one of the Allied Powers in World War I.
Just as Churchill opened the door to the "Oil Century" and reaped its fruits, which country or company will open the "Hydrogen Century"?
There is a treasure trove beyond the fierce race of technological development.
・U.S. pharmaceutical giants Pfizer and BioNTech on the 6th agreed with the International Olympic Committee (IOC) to supply a COVID-19 vaccine to the Japanese Olympic and Paralympic teams.
They aim to complete two doses by late July when the Games begin.
This will reduce infection risk among athletes and support the safe holding of the Games.
・A draft amendment to the National Referendum Act, which sets out procedures for constitutional amendments, is expected to pass in this Diet session by June 16.
・The G7 meeting concluded on the 5th (early morning on the 6th Japan time), and a joint statement was issued aimed at deter
ring China, which has been displaying authoritarian tendencies.
The G7 foreign ministers and leaders also for the first time touched on the Taiwan Semiconductor Manufacturing Company (TSMC) issue.
Europe aligned its stance to form a containment network against China.
・Nitori Holdings <9843> [Closing price 19,575 yen] entered the dining-out business. The store name is "Nitori Dining: Minna no Grill."
They procure ingredients without going through wholesalers and operate using their own furniture and tableware to reduce costs.
In the future, they aim for an integrated production-to-sales system similar to their furniture business.
In-house specialists in interior construction handle the renovations.
To reduce rents, they will first increase store openings by utilizing roughly 450 Nitori locations nationwide.
・The government will decide on extending the state of emergency on the 7th in response to the spread of COVID-19.
Twelve days have passed since the declaration on 4/25, and new infections in Tokyo and others are higher than before the declaration, indicating no slowing of the spread.
・In developed countries, population growth is slowing.
With ongoing low birthrates and an aging society in the United States, along with the spread of COVID-19, births in 2020 fell to the lowest level in about 40 years.
・Golden Week crowds exceeded those of the previous year in many places.
Last year the entire country was under a state of emergency, but the effectiveness of crowd suppression is waning.
JR East Nippon Railways <9020> [Closing price 7,689 yen] and six JR passenger companies reported for 4/28–5/5 that passenger numbers exceeded last year by more than five times at 2,958,000 people.
Compared with 2019, this is a 74% decrease when there was no pandemic.
・Domestic life insurance companies are increasing risk-seeking investments to seek higher yields.
Credit investments with credit risk such as auto loans and alternative assets like unlisted equities account for the majority of the increase in assets under management.
・U.S.-based Galaxy Digital Holdings, a cryptocurrency-related firm, announced on the 5th that it would acquire BitGo, a digital asset custody service.
The acquisition aims to strengthen services for institutional investors expected to expand demand.
The acquisition price is $1.2 billion (about 130 billion yen), the largest-ever M&A in the cryptocurrency industry.
・The European Union (EU) is tightening its controls on corporate acquisitions with China in mind.
Europe is especially wary over security and high-tech sectors, and distances from China have become clearer.
・India's Ministry of Health and Family Welfare reported on the 6th that daily new COVID-19 infections reached about 412,000—the highest ever.
India's healthcare system is collapsing due to explosive case growth, with shortages of beds and oxygen for treatment; daily deaths also reached a record high of about 4,000.
・International negotiations to expand COVID-19 vaccine supplies have begun at the World Trade Organization (WTO).
The Biden administration on the 5th reversed its previous cautious stance and endorsed a temporary waiver of patents.
・U.S. Labor Department on the 6th reported that initial unemployment claims for the week ending 5/1 fell by 92,000 from the previous week to 498,000.
For the first time in two weeks, this dropped below 400,000 since economic restrictions began in mid-March 2020 due to the pandemic.
This fell short of the Dow Jones forecast of about 527,000.
・As of 4:00 PM on 5/6, global COVID-19 cases (deaths) total 155,210,000 worldwide (14,473 new deaths), according to Johns Hopkins University.
United States 32,557,606 (77) India 21,077,410 (3,980) Brazil 14,930,183 (2,811) France 5,767,541 (244) Turkey 4,955,594 (356) Russia 4,792,354 (352)
United Kingdom 4,441,644 (27) Italy 4,070,400 (267) Spain 3,551,262 (187) Germany 3,484,755 (246) Argentina 3,071,496 (663) Colombia 2,934,611 (388)
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