Lockdowns on the us a for chefs to whip up some new ideas to try to keep the restaurants afloat. The leader of the country worst affected by coronaviruses going against the advice of his top Infectious Disease expert President Donald Trump says he wants the u. S. Economy up and running again as soon as possible but its message comes a day after dr anthony felt she warned that rushing to reopen could have serious consequences including needless death and suffering mike hanna reports from washington d. C. The president met with the governors of colorado and north dakota and urged them to look into reopening schools as soon as possible the country is getting him back and its going to get back as soon as possible and i dont consider a country coming back and the schools are closed its a message at odds with that given by dr Antony Funnell who told a Senate Committee tuesday that there were real dangers in reopening states too soon making particular reference to schools we dont know everyth
And miles persecution of muslims likening it to genocide well talk live to un special rapporteur young elite. Down. The giant asteroid is hurtling past earth. Strong in most. Sports including more doubts around the Tokyo Olympics is japans Prime Minister says it will be impossible to host the games next year unless the coronavirus is contained. For weeks planes have been grounded ships docked and factories closed around the world all an effort to counter the coronavirus pandemic well now the impact on the Global Economy is becoming clearer as Companies Start reporting their 1st Quarter Results the Aviation Industry for example its reeling and is expected now to take years to recover British Airways for example cutting over a quarter of its. And ab os when its posted a loss of half a 1000000000. 00 its all led to a worldwide collapse in the demand for oil and its price its now a surplus and no way to store its major exporters like saudi arabia and venezuela are feeling the crunch the ki
Suchi over the persecution of a 100 muslims and a giant asteroid is hurtling past earth but close enough for astronomers to study it. Were looking at the economic effects of the corona virus pandemic this hour they are being felt in many parts of the Global Economy aviation and oil is specially and its hitting the big players airbus has already said its bleeding cash at an unprecedented speed and announced it would cut production by a 3rd now it has posted a 1st quarter loss of half a 1000000000. 00 the chief executive of the european or a Swiss Company is warning this is quote the greatest crisis the industry has ever known its rival in the u. S. Boeing has already announced plans to cut 7000 jobs its chief executive predicts global revenues in the industry could drop by more than 300000000000 dollars this year and then 3 years after it will be in a recovery phase and in the u. K. British airways is set to shed up to 12000. 00 jobs which would be a 3rd of its workforce the airline has
Governor of Lebanons Central Bank is defending its organizations role during the economic crisis there are protests against lebanons deepening financial problems of turned violent for 2 nights in a row for the governor wants the blame pointed elsewhere he says the central bank only finances the government and is not responsible for how any of the money is actually spent. To me we hide nothing in the central bank of lebanon nothing is being done unilaterally in the central bank expenditure belongs to the Financial System in lebanon other than that it is an attack that i am not telling the truth to the public of lebanon in order to increase the campaign against the governor of the central bank sir hold that has more from beirut. A few days ago the lebanese Prime Minister even insinuated he went as far as to insinuate that the Central Bank Governor is tampering with Financial Stability for political gain said he was engineering the collapse of the currency to topple the government today w
Place in the philippines accused of human rights abuses as they enforce strict coronavirus measures and the outgoing void to me in. Chief for failing to protect muslims im joining us with sports including more doubts around the term care limp exist japans Prime Minister says it wont be possible to host the games unless the coronavirus is contained. Just 2 weeks ago the world learned were on track for the worst recession in nearly 100 years coronavirus pandemic may wipe 9 trillion dollars from the Global Economy well now countries around the world seeing that stark reality play out on their own balance sheet. The Worlds Largest economy for example the United States well its shrunk by nearly 5 percent since the start of the year thats the largest drop since late 2008 and nearly a full percent more than expected well germany europes economic powerhouse is expected to plunge into its deepest recession in 50 years new numbers released by the government have the countrys g. D. P. Shrinking b