Japan offers $930 virus stimulus payment to all residents

Japan will offer a cash payment of 100,000 yen ($930) to every resident, Prime Minister Shinzo Abe announced Friday, as…

Japan will offer a cash payment of 100,000 yen ($930) to every resident, Prime Minister Shinzo Abe announced Friday, as measures to contain the coronavirus decimate the world’s third-top economy.

“We are moving quickly to deliver cash to all people,” Abe said in a televised news conference to explain his decision to expand a state of emergency nationwide.