TOKYO — Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, according to government data released Monday.
The Cabinet Office reported that Japan’s preliminary seasonally adjusted real gross domestic product, or GDP, the sum of a nation’s goods and services, fell 7.8% quarter on quarter.
The annual rate shows what the number would have been if continued for a year.
Japanese media reported the latest drop was the worst since World War II. But the Cabinet Office said comparable records began in 1980. The previous worst contraction was during the global financial crisis of 2009.
The world’s third largest economy was already ailing when the virus outbreak struck late last year. The fallout has since gradually worsened both in COVID-19 cases and social distancing restrictions.
___
HERE’S WHAT YOU NEED TO KNOW ABOUT THE VIRUS OUTBREAK:
— The first Mediterranean cruise sets sail after virus tests.
— High schools are facing tough choices about football season.
— The coronavirus doesn’t appear to have devastated homeless people as initially feared.
— Workers returning to offices after months will see lots of changes, including masks, staggered shifts, spaced-apart desks and daily health questions.
— AP PHOTOS: Masks hold images of pandemic, Hong Kong protests.
___
— Follow AP’s pandemic coverage at http://apnews.com/VirusOutbreak and https://apnews.com/UnderstandingtheOutbreak
___
HERE’S WHAT ELSE IS HAPPENING:
SEOUL, South Korea — South Korea has reported 197 newly confirmed cases of the coronavirus, the fourth straight day of triple-digit daily increases, as health workers scramble to slow transmissions in the greater capital area where churches have emerged as major sources of infections.
The figures announced by South Korea’s Centers for Disease Control and Prevention Monday brought the national caseload to 15,515, including 305 deaths. The country reported 279 new COVID-19 cases on Sunday, its biggest single-day jump since early May, as government officials expressed concerns about a massive outbreak in the densely populated Seoul metropolitan area.
___
WELLINGTON, New Zealand — Prime Minister Jacinda Ardern on Monday chose to delay New Zealand’s national elections by four weeks as the country deals with a new coronavirus outbreak in its largest city, Auckland. The election had been scheduled for Sept. 19 but will now be held on Oct. 17. Under New Zealand law, Ardern had the option of delaying the election for up to about two months. Opposition parties had been requesting a delay after the virus outbreak in Auckland last week prompted the government to put the city into a two-week lockdown and halted election campaigning. Ardern said she wouldn’t consider delaying the election again, no matter what was happening with any virus outbreaks. Opinion polling indicates Ardern’s liberal Labour Party is favoured to win a second term in office.
MELBOURNE, Australia: Australia’s hard-hit Victoria state on Monday recorded its deadliest day of the pandemic with 25 coronavirus fatalities.
The death toll surpasses the previous 24-hour record of 21 set on Wednesday last week.
Victoria’s Health Department recorded 282 new cases, slightly more than 279 new infections posted on Sunday but maintaining a downward trend over the past week.
Victoria posted a record 725 new COVID-19 cases in a day on Aug. 5.
___
BEIRUT — Lebanon, still grappling with the aftermath of the Aug. 4 blast that killed 180 people and wounded thousands, has registered a record daily number of coronavirus infections, with 439 people contracting the virus and six fatalities.
The new infections bring to 8,881 the total number of people reported infected in the small country of just over 5 million. Some 103 have died because of COVID-19.
The explosion at Beirut’s port was set off when thousands of tons of ammonium nitrate ignited, injuring about 6,000 people and causing widespread damage across the city. Daily coronavirus cases had already been on the rise, and the explosion made social distancing more difficult for many.
Lebanon’s health sector has been challenged by the pandemic that hit amid a deepening economic crisis. The blast that hit in Beirut’s centre knocked out at least three hospitals in the capital and greatly increased pressure on those still operating.
___
ROME — Vacationers arriving in Rome from four Mediterranean countries lined up with their suitcases at Leonardo da Vinci airport to be immediately tested for the new coronavirus on Sunday.
Last week, Italy’s health minister issued an ordinance requiring the tests for all travellers arriving in Italy from Croatia, Greece, Malta or Spain.
Travellers have the option of being tested instead within 48 hours of arrival at local public health offices closer to their home or destination in Italy.
Vacationers coming from abroad are fueling an increase in new coronavirus infections in Italy in recent weeks. On Saturday, the daily caseload of new infections topped 600 for the first time since May.
Alessio D’Amato, health commissioner for Lazio, the region including Rome, said at the airport that concern was mounting about the rising number of infections, especially since school resumes in Italy on Sept. 14, for the first time since the pandemic began.
___
LA PAZ, Bolivia — Esther Morales, the 70-year-old sister of former Bolivian President Evo Morales, has died of COVID-19, the ex-leader said Sunday.
“She was like my mother,” tweeted Morales, who was forced to resign last year after an election marred by irregularities.
Morales, who is in Argentina, faces sedition and other charges if he returns to Bolivia. He blamed “racism and political persecution” for preventing him from visiting his sister in a hospital in Oruro, southeast of La Paz.
In the last two weeks, supporters of Morales’ party set up nationwide blockades to protest the recent postponement of elections as Bolivia struggles with the coronavirus pandemic.
While doctors had warned that oxygen and other medical supplies were not reaching some hospitals because of the protests, police said Saturday that most roads had been cleared.
___
BRASILIA, Brazil — Michelle Bolsonaro, the wife of Brazilian President Jair Bolsonaro, said Sunday that she had tested negative for the new coronavirus following a July 30 announcement that she had tested positive.
“Negative exam. Thanks for the prayers and for all the expressions of affection,” 38-year-old Michelle Bolsonaro said on Instagram. She published an image of what she said was her laboratory exam. “Undetected,” it read.
On Wednesday, Michelle Bolsonaro’s grandmother died of COVID-19.
Bolsonaro’s youngest son, 22-year-old Jair Renan, has also tested positive for the virus. On Saturday, he released a video in which he takes pills that he says are hydroxychloroquine. The drug has no proven efficacy against the new coronavirus but has been widely publicized by the Brazilian president as a treatment for COVID-19.
President Bolsonaro had said he tested positive for the coronavirus on July 7, suffered mild symptoms and was free of the virus in late July. He has downplayed the devastating impact of COVID-19, often appearing in public without a mask and meeting supporters in close proximity despite social distancing recommendations.
___
BERLIN — Bavarian authorities said Sunday they’re still haven’t been able to contact 46 of more than 900 people who tested positive for the new coronavirus upon entering Germany recently, but didn’t receive the results.
The southern German state admitted last week that tens of thousands of travellers returning back home had to wait for weeks to receive their test results — among them the more than 900 who had tested positive but were not aware of it because of the missing results.
The bureaucratic breakdown led to an uproar in Germany over concerns that those who tested positive but were not aware of it could spread the virus to others.
The Bavarian state government said the long delays in getting the results were linked to problems with the software and an unexpectedly high number of people wanting to be tested at newly established test centres , primarily at highway rest stops near the country’s southern borders.
On Saturday, authorities in the state of Rhineland-Palatinate said there had been delays in informing people of their test results in the southwestern state. However, the authorities there were at least able to contact all those who tested positive immediately, the German news agency dpa reported.
___
PARIS — After France recorded its highest one-day rise in virus infections since May, the government is pushing for wider mask use and tighter protections for migrant workers and in slaughterhouses.
But France still plans to reopen schools nationwide in two weeks, and the labour minister says the government is determined to avoid a new nationwide lockdown that would further hobble the economy and threaten jobs.
France’s infection count has resurged in recent weeks, blamed in part on people criss-crossing the country for weddings, family gatherings or annual summer vacations with friends. Britain re-imposed quarantine measures Saturday for vacationers returning from France as a result.
France reported 3,310 new infections in a single day Saturday, and the rate of positive tests has been growing and is now at 2.6%. The daily case count was down to several hundred a day for two months, but started rising again in July. Overall France has reported more than 30,400 virus-related deaths, among the world’s highest tolls.
Labour Minister Elisabeth Borne said in an interview published Sunday with the Journal du Dimanche newspaper that the government wants to expand mask use in workplaces.
“We must avoid new confinement at any cost,” she said.
TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.
The S&P/TSX composite index closed up 93.51 points at 23,568.65.
In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.
The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.
The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.
The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.
This report by The Canadian Press was first published Sept. 13, 2024.
OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.
The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.
The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.
The personal and household goods subsector fell 2.5 per cent to $12.1 billion.
In volume terms, overall wholesale sales rose 0.5 per cent in July.
Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.
This report by The Canadian Press was first published Sept. 13, 2024.
TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 172.18 points at 23,383.35.
In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.
The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.
The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.
The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.
This report by The Canadian Press was first published Sept. 12, 2024.
