Who will pay for the financial fallout of the coronavirus pandemic governments around the world pledged trillions of dollars to try and keep their economies afloat will a massive bailout to stop another Global Financial crisis this is inside stuart. Hello welcome to the program. Most economists agree the coronavirus pandemic has pushed the world into recession trade and business abruptly stopped when billions of people were told to stay at home governments are pledging huge stimulus packages to try and reduce the damage the European Union has agreed a 590000000000. 00 rescue package to prop up the worst hit economies such as spain and italy that includes Unemployment Benefits loans for Small Businesses and Health Care Services but leaders couldnt agree on how to share the cost of the crisis the french finance minister is calling this the most important economic plan of the e. U. s history this response contains bald and shoes proposals there will there be unsinkable in just a few weeks
Between mexicos president and the king of saudi arabia and president putin. What the deal does is 9. 7 Million Barrels of oil. A diplomatic victory only cutting 100,000 barrels. Past theren in the are some that struggle to comply with the likes of iraq and russia as well. If you look deeper, and Goldman Sachs with some of these numbers, if you look at the First Quarter of averages, it could be closer to 5 Million Barrels a day of real oil coming off the market. You see a lot of people like the president of the United States talking about 20 Million Barrels a day. That accounts for other producers declining production but not voluntarily. Economic driven decline. This cut is voluntary cuts from Oil Producers. What has the price of oil done . Initially it went up, then it went down, now is back up a bit. What is the market telling us . Annmarie the market is saying it is not enough because we have serious demand destruction. We used about 100 Million Barrels of oil day and are probably w
Who will pay for the financial fallout of the coronavirus pandemic governments around the world pledged trillions of dollars. Their economies afloat will. Stop Global Financial crisis. Welcome to the program. Most economists agree the coronavirus pandemic has pushed the world into recession trade and business abruptly stopped when billions of people were told to stay at home governments are pledging huge stimulus packages to try and reduce the damage the European Union has agreed to 590000000000. 00 rescue package to prop up the worst hit economies such as spain and italy that includes Unemployment Benefits loans for Small Businesses and Health Care Services but leaders couldnt agree on how to share the cost of the crisis the french finance minister is calling this the most important economic plan of the e. U. s history this response contains bald and vicious proposals that will then be unsinkable in just a few weeks ago. We cant pull remember the response to the financial crises of th
Heading for another financial crisis and as workers lose their jobs at a faster pace in the Great Depression what can governments do to help and who is falling through the cracks. Counting the cost and how does it. Who will pay for the financial fallout of the coronavirus pandemic governments around the world pledged trillions of dollars try and keep their economies afloat will a massive bailout stop another Global Financial crisis this is inside story. Hello welcome to the program im bernard smith. Most economists agree the coronavirus pandemic has pushed the world into recession trade and business abruptly stopped when billions of people were told to stay at home governments are pledging huge stimulus packages to try and reduce the damage the European Union has agreed a 590000000000. 00 rescue package to prop up the worst hit economies such as spain and italy that includes Unemployment Benefits loans for Small Businesses and Health Care Services but leaders couldnt agree on how to sh
Who will pay for the financial fallout of the coronavirus pandemic governments around the world pledged trillions of dollars try and keep their economies afloat will the massive bailout stop another Global Financial crisis this is inside story. Hello welcome to the program im bernard smith. Most economists agree the coronavirus pandemic has pushed the world into recession trade and business abruptly stopped when billions of people were told to stay at home governments are pledging huge stimulus packages to try and reduce the damage the European Union has agreed a 590000000000. 00 rescue package to prop up the worst hit economies such as spain and italy that includes Unemployment Benefits loans for Small Businesses and Health Care Services but leaders couldnt agree on how to share the cost of the crisis the french finance minister is calling this the most important economic plan of the e. U. s history this response contains bald and b. Shoes proposals that will then be unsinkable in jus