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Tokyo all set to revise Covid-19 monitoring

Bloomberg Tokyo is set to revise how it monitors the state of coronavirus infections in the city, as daily new cases in the Japanese capital rise after a state of emergency was lifted and businesses resumed operations. The Tokyo Metropolitan Government will not reimpose restrictions on businesses based solely on numerical guidelines, according to domestic media reports citing the government. ...

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Brazil to extend emergency aid to poorest over unemployment

Bloomberg Brazil’s government was expected to announce on Tuesday the extension of an aid to informal workers for a few more months, seen as crucial to poorest people amid pandemic impacts on the economy. Country’s unemployment rose in May to 12.9% from 12.6% in April, according to the national statistic agency. Primary deficit hit 131.4 billion reais in May from ...

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Indonesia is nearing deal with central bank on deficit funding

Bloomberg Indonesia’s central bank may buy billions of dollars of sovereign bonds at zero interest, or below its benchmark rate to help the government finance a wider deficit arising out of stimulus measures to counter fallout of the coronavirus pandemic. Bank Indonesia may bear the full cost of an expanded health care and social safety net budget of $27.6 billion ...

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