Recent unemployment, industrial production and retail sales data have suggested that Japan's economy was showing signs of resilience as the virus ripped through Asia in February, noted Tom Learmouth, Japan economist at Capital Economics. But "there is no doubt that coronavirus disruption will deal a severe economic blow over coming months," he said in a research note on Friday. … [Read more...] about The global economy just got a $1 trillion infusion from Japan
Fast growing economies in the world
Efficient logistics are key to the company's success. Tiki has 33 warehouses in 13 cities and prides itself on a two-hour delivery option, says Tran. However, although Vietnam is urbanizing, almost two-thirds of its population still live in rural areas. Delivery to remote areas typically takes longer and costs more. … [Read more...] about How new technology is transforming Vietnam’s economy
Industries such as telecommunications and auto production that add the most value to the economy should be prioritized, the report says, while work that can easily be done from home should continue to be done remotely. Nurseries and schools would open relatively quickly, because young people rarely have severe symptoms and parents cannot work if child care facilities and schools remain closed. … [Read more...] about How do you reopen the economy after coronavirus? German experts have a plan
The coronavirus has reached the massive Dharavi slum outside of Mumbai, which puts India at risk of being the next hot spot. Doctors fear if the virus spreads among the slum's 1 million or so residents, it could signal disaster for the rest of the country. In the UK, Prime Minister Boris Johnson was admitted to the hospital as a precaution after testing positive for the virus two weeks ago. He will continue to lead the British government while under medical supervision. A glimmer of optimism is starting to shine in Spain and Italy: Both countries, which have been ravaged by the disease, are seeing a leveling off in their number of reported cases. The US marked its deadliest day yet in the fight against the disease this weekend, with 1,344 deaths reported on Saturday. The novel coronavirus has now infected more than 1.2 million people globally, including more than 330,000 in the US, and caused more than 69,000 deaths worldwide. Follow here for the latest updates. … [Read more...] about 5 things to know for April 6: Coronavirus, health, economy, elections, White House
There is nothing necessarily objectionable about a novel focused on "such a narrow and limited man," as Tyler calls Micah. Writers as diverse as Sinclair Lewis and Anita Brookner have found profound comedy and pathos in the lives of apparently dull people. But in this case, the mold growing on Micah's airless character seems to have spread to the narration itself. These characters are a series of moderately eccentric poses presented without much wit or psychological insight. (It doesn't help that Micah sometimes inexplicably affects the manner of a 1950s TV actress: "Lord forbid," he says at one point. "That must have been a passing fancy.") … [Read more...] about Book World: Anne Tyler’s ‘Redhead by the Side of the Road’ is light on drama. Not that we could handle more drama now anyway.