Different incidents that have been taking place here in the persian gulf over the last several weeks how volatile this this region right here has become of late its almost like think of it this way its like this area here is like a line of demarcation between 2 countries that hate each others guts they despise each other right so heres saudi arabia on this side of the firs in golf right saudi arabia which needs United States protection here in the gulf which it offers which also needs United States protection here in yemen where its fighting a war right now let me show you the adversaries the other side right here is a wrong as you can see right there which supports the actions in yemen that are at war with saudi arabia and also what can we say about iran well they want dominion of this area of the persian gulf and are trying. You establish it with its navy so both iran and saudi arabia right you have iran and saudi arabia fighting for gemini in this region they both want to say were t
As they bear the weight of the covert 1000 pandemic will take you there with a packed show today so lets go and dive right in. Hundreds of lawmakers from around the world on wednesday called on the International Monetary fund and world bank to cancel massive amounts of debt to the worlds poorest countries due to the coronavirus pandemic now in a letter put together by former u. S. President ial candidate senator Bernie Sanders more than 300. 00 legislators also urged the organization to increase funding to avoid a greater economic downturn now widespread lockdowns and stay at home orders have devastated the Global Economy in recent months with poor nations feeling the brunt of having to deal with both a Public Health and Economic Crises at the same time now in a press release announcing the initiative senator sanders said canceling the debt is the very least that the world bank i. M. F. And other International Financial institutions should do to prevent and unimagined. Increase in pove
This is the one business show you cant afford to miss im going to pour in washington coming up lawmakers around the globe have called on the International Monetary fund to accept debts for poor nations amid the cold but 19 outbreaks will bring you up to speed on their requests while the economic response has been both timely and appropriate lord it may not be the final chapter. Plus the head of the Federal Reserve has issued his outlook on what the economy needs to avoid falling even further we bring you some insight from a former fed insider and later. Truckers have descended upon the capital of the u. S. As they bear the weight of the covert 19 pandemic well take you there with a packed show today so lets go and dive right in. Hundreds of lawmakers from around the world on wednesday called on the International Monetary fund and world bank to cancel massive amounts of debt to the worlds poorest countries due to the crowed a virus pandemic now in a letter put together by former u. S. P
The way we traveled the way that we look after the environment oh absolutely i suspect so were not going to be drifting back to our own ways for quite a while but lets have hope as i say the one thing were good at is coping with change and so we can modify our behaviors the way we think we behave and some kind of to use that phrase new normal will emerge so you know fingers crossed but as a say im an optimist pleasure to talk to you thank you very much indeed professor Richard Wiseman thank you and thats it for the moment ill be back with more news in just under half an hour from now. This is the problem in studying pandemics you dont know and so you know its easier to be reactive than proactive. Renaissance your. Mornings to show us that this is a. This is the one business show you cant afford to miss im going to bore in washington coming up lawmakers around the globe have called on the International Monetary fund to accept debts for poor nations amid the covert 19 outbreak well bring
Certainly has been weakening i know businesses spending on software purchases technology purchases, but do you think now businesses are sitting on cash because of the uncertainty around trade. That is what we hair travel around meet with businesses, farmers are absolutely nervous suffering from low prices you are hearing manufacturers nervous some export nervous about trade wars some nervous about globe environment we know that europe is slowing we know china is slowing so i think there is a general level anxiety that is causing people to pause. What can you tell us about minneapolis are you seeing weakening there i know there was some worry or speculation that maybe Unemployment Rate was ticking up. The minnesota rate kicked up from very low levels i am not hearing businesses saying laying off workers i am hearing caution about how many more they are going to hire, so o i am hoping just noise in the data but something we are paying close attention to is this upcoming week getting anot