Bankruptcy In The U.S. & Japan
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Author : Bozhou Marine
Update time : 2020-10-20 12:12:29
The global epidemic continues to spread. In the Americas, US health officials warned that the third wave of epidemics in the United States is likely to come, and Brazil's economy is slowly recovering after the resumption of work and production. The epidemic in Europe is severe, with the largest increase in the number of confirmed cases in France in a single day, and another high-level diagnosis in Russia. In Africa, under the epidemic, food security and poverty reduction are seriously threatened. In Asia, the Indian media said that the government has begun to confirm the priority list of vaccinations, and cluster infections in South Korea continue one after another.
Affected by the new crown pneumonia epidemic, the global economy is sluggish this year, and companies around the world are even more overwhelmed. They have embarked on the path of bankruptcy and bankruptcy. As the epidemic continues to spread and aggravate, the number of large companies in many countries has also been bankrupted Significant rise, there is a tendency of "uncontrollable".
United States
According to Worldometer's real-time statistics, as of around 10:30 on October 19, Beijing time, a total of 8,387,799 confirmed cases of new coronary pneumonia in the United States, and a total of 224,730 deaths.
According to the "New York Times" report, in the past two weeks, the newly confirmed cases in 41 states in the United States have shown an upward trend. Only 9 states have maintained stable new confirmed cases, and no state has shown a sustained downward trend. What is more worrying is that the number of newly confirmed cases in 17 states has reached the highest value since the outbreak, most of which are in the Midwest and Western regions-these areas have had relatively few confirmed cases before.
In the northeastern United States, there have been fewer new cases in the region after the spring peak, but it has recently begun to increase. In the southern region, there was a wave of peaks in the region this summer, and the situation in some states now raises concerns again. The White House outbreak response team stated that no state is still within the “green zone of safety”.
According to relevant statistics, more than 500 large-scale enterprises have filed for bankruptcy this year, which has reached the highest point in 10 years;
At the same time, there are more small and medium-sized enterprises, they directly choose to close.
Japan
Following in the footsteps of the United States, the wave of bankruptcies in Japanese companies has also intensified. According to statistics from the Japanese credit investigation company, the Imperial Data Bank, as of October 9, 600 Japanese companies have gone bankrupt as a result of the epidemic since February this year. Among them, the catering industry was the most "disaster-affected", which reached 86; hotels and other accommodation enterprises, 59 went bankrupt. In addition, small retail companies have also been hit harder.
According to data released by the Ministry of Health, Labour and Welfare of Japan, as of October 2, the number of dismissed or suspended employment in the country reached 63,347.
In the second quarter of this year, Japan's GDP shrank by 28.1% year-on-year, which was the third consecutive quarter of decline and the largest decline in the Japanese economy since 1980.
Public information shows that in order to prevent corporate bankruptcy and a surge in unemployment, the Japanese government has launched two rounds of economic assistance. The scale of the two rounds of economic assistance exceeded 234 trillion yen (approximately RMB 14.8 trillion), which has accounted for the country’s GDP. Nearly 40% of the total
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