Figures showing 6. 7 percent year on year growth in the 3rd quarter. Its a bright spot in a sea of otherwise bad economic news. The countrys currency, the lira has plunged in value, Foreign Investors continue to abandon the country. Inflation remains stubborn. And now corona virus infections are rising fast. Streets are empty are than usual. Turkey has reported record numbers of new coburg, 19 cases. Thats led the government to impose more restrictions. Theyre pushing many restaurants and Small Businesses to the brink of ruin. Fast food store and used to have 6 employees. Now he has only 2 left and he can hardly pay them because you know, thats why weve been struggling for 7 months. But now we are really thinking, what should i do . Mock up and go, i might have no other choice. The government of president , one has cut Interest Rates in an attempt to boost the economy, but the countrys central bank has no change course. In mid november, its new governor hiked the main lending rate by 4
Latest incident. And the number of men remain missing, raising fears that the death toll from this brutal attack could still rise. And it every so west africa correspondent, funny fish are, says this attack follows government airstrikes, targeting the hardest insurgents in the countrys north. It remains unclear just how many people have been killed in this horrendous massacre on saturday in borno state in the north east orphanage area. The state governor there speaks of at least 70 people killed. And regardless of the actual death toll, one thing is certain. This is one of the worst attacks in recent years. He nigeria, a country that is suffering because of violence because of jihadism because of the uprising that began in borno state in 2009. Now, so far, no group, no militant group has claimed responsibility for this attack, but it definitely does carry to trademark the signature of or of its splinter groups that associate themselves with isis. The Nigerian Army has actually carried
Rally. The bond market yesterday saying a bit of buying come back, but not much for printing. 71 basis on the 10 year right now. Action pivots over what is happening in the United States. We get to the Michigan Consumer center. A little stronger than economists seemed to have protected. 74. 1, up from 72. 8 last time around. 72. 8 was what the economists were predicting as well. Current conditions, 82. 9. That is slightly ahead of expectation which are at 60. 5. The expectations number is actually where we are seeing the strain. Lets turn to our big story of the day, we have seen that apart from the japanese Prime Minister shinzo abe, the countrys longest serving premier will be undergoing treatment for chronic illness. He spoke earlier today. Respond to ready to the mandate by the public. I made a judgment i should not continue my job as Prime Minister. To step down as Prime Minister. Indicated that he will stay on until Leaders Within his party choose the successor. That could happen
Our entire team thank you for being with us tonight. And nonprofit in you are supporting as weve been deeply impacted from the loss of income from canceled events and helping to lift up authors at a challenging time to release a book. Thank you. In our socalled jewish life and moderated with the broadway actor because of the conversation about democracy ahead of the 2020 election is one of the most important things we could talk about right now. David new book is called democracy. In it he spells out how the democracy we live in today is completely different from what we were born into. According into his research and reporting a redesign system is responsible for the trouble we find ourselves today because hes also the guy he wrote the New York Times bestseller thinks obama. As he helps to understand the new system of government he lays out solutions to seemingly impossible problems and the blueprint for government of the people and by the people and for the people. Joining his five y
Says his forces will stop fighting during the holy month of ramadan. Brazils Supreme Court blocks president also as choice of a family friend for the new police chief. Welcome to the program the u. S. Economy is falling deep into one of its most severe recessions in recent times its seen a decade of growth wiped out in just 3 months shrinking by almost 5 percent and theres concerns a crisis caused by the coronavirus pandemic is only going to worsen she have returns he reports. The 4. 8 percent decline for g. D. P. Between january and march represents the largest decline since the 2008 recession Consumer Spending which accounts for 70 percent of g. D. P. Dropped by an idealized rate of 7. 6 percent the. Largest drop since 980. 00 moreover this is just a preliminary estimate Analysts Expect the eventual number to be far higher than these numbers are for a quarter in which the economic locked down only accounted for a few weeks 2nd quarter g. D. P. Figures for april to june a projected to