Deforestation is surging. China has approved tests on humans for 2 experimental coronavirus vaccines as it fights to prevent a 2nd wave of infections state media announced one vaccine is being developed by a biotech firm the other by the China National pharmaceutical Group Countries trying to contain imported cases especially from neighboring russia sarah clarke joins us now live from hong kong so what do we know sara about these vaccine trials. Well certainly this announcement been made by the sheen how our news agency this is a government controlled media operation based in china and as you mentioned they were proved to experimental coronavirus vaccines to enter Clinical Trials and the vaccine we developed in partnership with number one a beijing a based Biotech Group and the other would be a will hand based pharmaceutical group and it was as i mentioned announced by the media in china but china has already given approval for another Clinical Trial and that was actually approval give
Keeps getting worse for the airlines the industry warns carriers will lose 314000000000. 00 in revenue with 80 percent of flights grounded. When somebody is the president of the United States the authority has told. Donald trump to close hell decide when the u. S. Economy reopens but state governors say nothing will change until its safe. As the infection rate slows in australia business groups push for restrictions to be lifted. The International Monetary fund says the coronavirus pandemic will cost the worlds economies 9. 00 trillion dollars over the next 2 use warning comes as countries around the world face prolonged lock downs as they try to contain the outbreak the i. M. F. Chief Economist Says it is the worst economic shock since the Great Depression of the 1930 s. Flattening the spread of coal with 19 using lock downs allows Health Systems to cope with this crises which then prove permits a resumption of economic activity. In the sense there is no tradeoff between saving lives
That hell decide when the u. S. Economy reopens but state governments say nothing will change until its safe. We speak to a Health Expert on why widescale screening is critical containing the pandemic. And sport the worlds biggest cycling race has been postponed organizers say the Tour De France cant start in june but could happen later in the year. 9 trillion dollars thats how much the International Monetary fund says could be lost from the Global Economy over the next 2 years as a result of the coronavirus pandemic that means the Global Growth would shrink by 3 percent which is 30 times worse than the 2009 Global Financial crisis the i. M. F. Chief Economist Says its the worst economic shock since the Great Depression of the 1930 s. Flattening the spread of coal with 19 using lock downs allows Health Systems to cope with this crises which then prove permits a resumption of Economic Activity. In the sense there is no tradeoff between saving lives and saving livelihoods countries shoul
New yorks governor appeals to President Trump for more cooperation in the fight against covert 19 rejecting his push to open up the economy so. We speak to a Health Expert on why widescale screening is critical to containing the corona virus outbreak. And weve used it since ancient times to ward off disease find out how compact is being made into an even more powerful tool against the virus. 9 trillion dollars thats how much the International Monetary fund says could be lost from the Global Economy over the next 2 years as a result of the coronavirus pandemic that means Global Growth would shrink by 3 percent which is 30 times worse than the 2009 Global Financial crisis the i. M. F. Chief Economist Says its the worst economic shock since the Great Depression of the 1930 s. Flattening the spread of coal with 19 using lock downs allows Health Systems to cope with this crises which then prove permits a resumption of economic activity. In the sense there is no tradeoff between saving lives
Loans, slash grants, becoming available right now, to the tune of close to 35, 40 billion thus farce. Conservative estimates. Maybe as high as 75 billion by the end of day. That is buoying the s p 500. The dow is 19 off its bear market low reached a little more than three weeks ago. A similar situation for the s p 500. Now, about 16 or so away from those lows. Whether that holds is anyones guess. But a lot amid talk as well well get more stimulus here or relief, whatever you want to call it. That it could rival the price of last and most recent relief package north of 2. 2 trillion, hard to say. Blake burman has been looking at all of that. Blake . Reporter hi, there, neil, hard to say indeed. Here is what i am seeing speaking to Senior Administration last night, there has not been sizable movement the last couple days next potential steps coming in terms of economic relief. I am told there are some ideas that they are kick around within the white house as of if that does happen, what