tyb
the gang copacetic?
RAF RRR2178 Airbus A330-243 (MRTT) Voyager KC-2 on the ground at Camp Justice-Diego Garcia from RAF Akrotiri, Cyprus
they took care of Dorothy quick
Japan looking to end Tokyo's state of emergency, eyes fresh $930 billion stimulus
The package, to be funded by a second supplementary budget, would follow a record 117 trillion yen spending plan deployed last month. The combined spending would bring the total stimulus in response to the pandemic to about 40% of Japan’s gross domestic product.
The new package includes 60 trillion yen to expand loan programmes that state-affiliated and private financial institutions offer to firms hit by virus, the Nikkei said. Another 27 trillion yen would be set aside for other aid including capital injections for ailing firms, the paper said.
Social distancing curbs were removed for most of the country on May 14 as new infections fell, but the government had kept Tokyo and four other prefectures under watch. The government will seek approval from key advisers for the lifting on Monday. If approved, Japan would have no regions under the state of emergency, which was first instated on April 7.
Tokyo Governor Yuriko Koike has said the capital would swiftly move into “stage one” of the lifting of curbs if the government ends the state of emergency. That would allow libraries and museums to reopen, and restaurants to stay open until later in the evening. Subsequent stages would see theatres, cinemas and fairgrounds reopen.
While the world’s third-largest economy has escaped an explosive outbreak with some 17,000 infections and 825 deaths so far, the epidemic has tipped it into a recession and plunged Prime Minister Shinzo Abe’s popularity to multi-year lows.
An Asahi newspaper poll conducted at the weekend showed Abe’s support rate at 29% - the lowest since he returned to power in late 2012 - and disapproval at 52%. The results mirrored a Mainichi newspaper survey published on Saturday.
https://www.reuters.com/article/us-health-coronavirus-japan-stimulus/japan-looking-to-end-tokyos-state-of-emergency-eyes-fresh-930-billion-stimulus-idUSKBN2300SW
it will still operate just shoving debt aside
They can't service the debt and operate at same time. Too much of it's operating cash needed for the debt.
Thu is not unique either.
Just the start.
They will "re-emerge" from Ch 11 with another fresh set of bonds to continue on
because of it's price now that would not be the worst idea I've heard.
For a quick flip though.