Mask the mask to Elon Musk?!
May 26, 2021 (Wednesday) Clear
・The spread of the novel coronavirus is rapidly accelerating the birthrate decline.
Based on statistics from the Ministry of Health, Labour and Welfare, the number of births in 2021 is expected to hit a record low, and for the first time since the postwar era, the annual total may fall below 800,000.
・There is a movement to establish large-scale vaccination venues for the novel coronavirus in 40 prefectures.
In many cases, prefectures are opening facilities to support municipalities administering vaccines, and large cities with large populations are establishing them.
・On the 25th, Fukuoka Prefecture requested an extension of the state of emergency for COVID-19 from the government.
Osaka Prefecture also plans to make the request.
・Elon Musk, CEO of U.S. electric vehicle maker Tesla, is stirring the cryptocurrency market with his remarks.
His posts on Twitter caused waves and contributed to the volatile price of Bitcoin.
Trust in irregular statements has weakened, widening the gap with market participants.
・On the 24th, the U.S. State Department advised Americans to refrain from travelling to Japan due to the surge in COVID-19 infections in Japan.
This is a response to Japan's infection situation exceeding the CDC’s standards.
Chief Cabinet Secretary Katsunobu Kato mentioned the Tokyo Olympics and Paralympics two months ahead and
emphasized that “we have been told that this decision is not related to the dispatch of the U.S. delegation.”
Seiko Hashimoto, Chairman of the Tokyo Olympics organizing committee, said, “I don’t think there will be an impact on the Games, and we must not leave the matter unaddressed,” indicating plans to hasten preparations for athletes’ accommodation.
・The Norinchukin Bank will provide a total of 10 trillion yen in ESG (environment, social, and governance) related financing and investments over the next decade through fiscal 2030.
Annual financing and investment volumes will be about 1 trillion yen, increasing by about 60–70% from the FY2020 figure (600 billion yen).
・Prime Minister Yoshihide Suga will mobilize policy measures, including expanding legal interpretations, to broaden COVID-19 vaccination.
Currently the daily vaccination rate averages around 400,000 doses. The goal is to raise to 1 million doses by mid-June.
To close the gap of 600,000 doses per month, it is essential to secure vaccinators and strengthen local governments’ systems.
・The European Union (EU) will begin revising its system to achieve net-zero greenhouse gas emissions.
In line with the target to reduce emissions by 2030, the Emissions Trading Scheme (ETS) will be expanded.
Aiming for substantial reductions by expanding coverage to sectors such as international aviation and shipping.
ETS, along with carbon tax, is a form of carbon pricing that assigns a price to carbon emissions.
There is a global trend toward adopting carbon pricing.
・Prime Minister Yoshihide Suga met on the 25th with Tadashi Shioya, head of the Liberal Democratic Party's AI Strategy Headquarters.
He stated that a new AI strategy should be formulated within the year, following a resolution to pursue technological development.
The Liberal Democratic Party resolution positions AI to be utilized in key areas such as medicine and infrastructure, and calls for continued support for the development of new technologies.
・In China, capital is flowing out of IT and high-tech stocks.
Under Xi Jinping’s leadership, the clampdown on Alibaba and other major firms (such as Tencent) has led to a substantial drop in market capitalization—nearly 90 trillion yen (about 30%) from February’s peak for the top 10 firms.
The new stock market “STAR Market” (Sci-Tech Innovation Board) remains at low prices. Financial services face particularly tight supervision by authorities.
・Spotify Technology’s stock price has fallen to its lows for the year.
Concerns about intensified competition caused the stock to fall about 40% from its February all-time high of $387.44.
Competitors rushing to improve services also weighs on the stock price.
There are increasing mentions that the stock may be undervalued.
・On the 24th, WTI (West Texas Intermediate) crude oil futures surged significantly in the New York market.
The near-month contract closed at $66.05 per barrel, up $2.47 (3.9%) from the previous Friday.
Expectations for a recovery in oil demand again drew investors to buy.
・Taiwanese companies face the “eightfold hardships.”
Drought for the first time in 56 years has worsened water shortages, threatening operations of semiconductor plants that use large amounts of water.
Power shortages have caused frequent blackouts, and a sharp rise in COVID-19 cases also casts a shadow.
“Water shortage,” “power shortage,” “rapid rise in COVID-19 infections,” “vaccine shortage,” “shortage of semiconductors and other parts,” “labor shortages,” “shortage of containers and packaging materials,” “COVID-19 impact on overseas bases.”
・Concern grows in India about another infectious disease.
In India, cases of patients infected with COVID-19 developing co-infections due to weakened immune systems have led to over 200 deaths, according to Indian media.
In India, the risk of secondary infections is highly feared.
・Global COVID-19 infections (deaths) as of 4:00 p.m. May 25 by country/region, compiled by Johns Hopkins University: Worldwide 167,320,000 cases (968,000 deaths)
United States 33,143,742 (64,000) India 26,948,874 (3,511) Brazil 16,120,756 (790) France 5,667,331 (461) Turkey 5,194,010 (178) Russia 4,952,412 (315)
United Kingdom 4,480,760 (3) Italy 4,194,672 (110) Germany 3,659,990 (33) Spain 3,647,520 (91) Argentina 3,562,135 (417) Colombia 3,249,433 (483)
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