Cabinet support rate 40%
May 31, 2021 (Monday) Clear weather Mercury retrograde (5/30–6/23)
・The government to support employment for a workforce of 300,000. Re-educating people with in-demand skills to foster growth potential.
Relaxing the eligibility for receiving a monthly allowance of 100,000 yen from "monthly income 80,000 yen or less" to "100,000 yen or less."
The Education and Training Benefit System focuses on developing digital talent.
In addition to caregiving and nursing, courses in artificial intelligence (AI) and data science will be offered to cultivate highly skilled personnel.
・Itochu Corporation <8001> [Closing price 3,326.0 yen] In June, begin handling low-carbon fuel produced from waste oil domestically.
CO2 emissions can be reduced by up to 90% compared with typical processes.
Oil deposits release large amounts of CO2 during extraction, so reusing waste oil helps curb emissions across the entire cycle from extraction to combustion.
Subsidiary FamilyMart will adopt this in a portion of its delivery trucks.
・U.S. Goldman Sachs will expand real estate investment in Japan.
The investment amount will be increased from the traditional 100 billion–150 billion yen per year to about 250 billion yen.
・Nikkei Inc. and TV Tokyo <9413> [Closing price 2,191 yen] to conduct a public opinion poll on the 28–30.
Support for the Suga administration stands at 40%, down 7 points from 47% in the previous poll in April.
This is the lowest since the administration formed in September 2020.
・The government will start accepting reservations on June 7–13 for large-scale vaccination centers operated by the Self-Defense Forces from the 31st.
This will expand to residents in seven prefectures (Tokyo, Saitama, Chiba, Kanagawa, Osaka, Kyoto, Hyogo).
Residents aged 65 and older who have a municipal vaccination voucher and have not yet been vaccinated are eligible.
In seven days, Tokyo will have 70,000 slots and Osaka 35,000 slots.
・In Nikkei's public opinion poll conducted on the 28–30, 72% said they do not think the COVID-19 vaccination plan is going smoothly.
Compared to overseas, 77% say the country is underprepared.
Regarding holding the Tokyo Olympics and Paralympics, 34% favor conducting as planned with spectator limits, and 62% favor either postponement or cancellation.
This summer, 16% favor implementing without spectators, 17% with restricted spectators, and 1% as usual.
22% say postponement is also inevitable, and 40% say cancellation is also inevitable.
・The Ministry of Economy, Trade and Industry aims to develop measurement technology by 2025 that can detect battery degradation early.
By detecting deterioration in advance, it will help prevent accidents such as fires.
・Remittances to developing countries by migrant workers continue without interruption.
Although unemployment due to the coronavirus was expected to surge in 2020, it remained only slightly down due to unemployment benefits supporting major destinations such as the United States.
With the recovery of advanced economies, 2021 saw a peak pace in Central America and others, and remittances are likely to aid emerging market economies.
・The United Arab Emirates (UAE), a pro-U.S. country, and China are moving closer rapidly.
China will supply vaccines and 5G technology to the UAE.
As the United States' presence in the Middle East wanes, China is filling the power vacuum and increasing influence.
・Global COVID-19 infections (deaths) as of 4:00 PM on May 30, according to Johns Hopkins University: worldwide 169.95 million cases (1,030,500 deaths)
United States 33,251,979 (343 deaths); India 27,894,800 (3,460); Brazil 16,471,600 (2,012); France 5,919,877 (66); Turkey 5,235,978 (137); Russia 4,995,613 (395)
United Kingdom 4,496,823 (7); Italy 4,213,055 (83); Argentina 3,732,263 (415); Germany 3,684,672 (53); Spain 3,668,658 (0); Colombia 3,363,061 (540)
・The Indonesian government is considering introducing a carbon tax as part of tax reforms to increase revenue, targeting CO2 emissions.
The Ministry of Finance aims to implement it in fiscal year 2022 and is advancing system design.
・Hotel Okura (Minato, Tokyo) will open a luxury hotel in Kyoto in January 2022.
A new Okura brand will open in Japan for the first time in 20 years.
If vaccinations progress, tourism demand including inbound visitors is expected to recover.
・Japan Airlines (JAL) <9201> [Closing price 2,506 yen] President Yuuji Akasaka says he expects to expand external secondment of employees affected by COVID-19 to about 2,000 people per day.
While downsizing flight operations, this will help retain employment and improve employee skills.
・Apple Inc. will officially start operating a data center being built in collaboration with a local government-backed company in China.
Reported by the local Communist Party organ on the 29th.
・Domestic COVID-19 infections: total confirmed cases 744,890 (new infections +2,877) as of 8:00 PM on the 30th; deaths 12,993 (+49)
Hokkaido 37,980 (+288); Tokyo 160,695 (+448); Osaka 99,621 (+197); Kyoto 15,799 (+69); Hyogo 39,678 (+101)
Aichi 47,136 (+305); Fukuoka 34,017 (+152); Okayama 7,318 (+27); Hiroshima 10,617 (+79); Okinawa 16,900 (+271)
Saitama 43,706 (+122); Chiba 37,046 (+93); Kanagawa 61,369 (+233); Gifu 8,571 (+54); Mie 47,136 (+305); Gunma 7,813 (+19); Ishikawa 3,727 (+14); Kumamoto 3,237 (+26)
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