Restaurants and shops reopen in Italy after months-long lockdown eases.
TOKYO — Japan's economic growth plunged into recession in the first quarter as the coronavirus pandemic squelched production, exports and spending, and fears are growing worse times may lie ahead.
The annual pace gives what the rate would be when continued for a year. For just the quarter, the drop was 0.9%. Exports dived 21.8%. Private residential investments slipped nearly 17%, and household consumption edged down 3.1%. New South Wales state Premier Gladys Berejiklian is urging people to avoid peak-hour trains and buses as they return to work to ensure that social distancing between commuters is maintained.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Italy to reopen shops, restaurants as lockdown eases furtherShops, restaurants and hair salons prepared to reopen in Italy on Monday as the government further eased one of the world's strictest coronavirus lockdowns, saying it was taking a 'calculated risk' to put the country back on its feet.
Read more »
'A beautiful day' in Italy, as shops and bars finally reopenItalian shops, hairdressers and restaurants finally threw open their doors on Monday as the country sped up efforts to bounce back from the coronavirus crisis after a 10-week lockdown.
Read more »
Italy PM says taking calculated risk in rolling back lockdownItalian Prime MInister Giuseppe Conte said on Saturday Italy was taking a calculated risk in rolling back lockdown measures from next week as the daily death toll from the COVID-19 pandemic fell to its lowest since March 9.
Read more »
Tourists Can Travel To Italy Again In JuneThe move ends one of Europe’s strictest coronavirus lockdown measures before the summer holiday season.
Read more »
Italy seeks to boost tourism by opening regional and international borders June 3The Italian government announced Saturday that it will throw open its borders next month, effectively ending Europe’s longest and strictest coronavirus lockdown just as the summer tourism season gets under way.
Read more »
Italy seeks to boost tourism by opening borders June 3VENICE, Italy (AP) — The Italian government announced Saturday that it will throw open its borders next month, effectively ending Europe’s longest and strictest coronavirus lockdown just as the...
Read more »