Hold for the growing sector we have an expert panel standing by with a packed show today so lets dive in. And the eurozone economy is doing worse than initially expected facing a recession as bad as the European Central banks worst Case Scenario according to e. C. B. President Christine Legarde now economic output in the block is said to contract between 8 and 12 percent this year alone guard pointed out a previous estimates of the milder downturn are now out of date the e. C. B. Will release official projections for Economic Growth and inflation in the block and next week meanwhile the European Union on wednesday proposed a 750000000000 euro recovery package to help Member States deal with the recession brought forward by the ongoing coronavirus pandemic president of the European Commission spoke about the situation. A must be to invest together and our common good we will be bullied by raising im president im. Funding at european level we will be focused by channeling the funding to
A new era of private Space Development lies over the rise in the future hold for the growing sector we have an expert panel standing by with a packed show today so lets dive in. And the eurozone economy is doing worse than initially expected facing a recession as bad as the European Central banks worst Case Scenario according to e. C. B. President Christine Legarde now economic output in the block is set to contract between 8 and 12 percent this year old guard pointed out a previous estimates of the milder downturn are now out of date the e. C. B. Will release official projections for Economic Growth and inflation in the block and next week meanwhile the European Union on wednesday proposed a 750000000000 euro recovery package to help Member States deal with the recession brought forward by the ongoing coronavirus pandemic president of the European Commission spoke about the situation. The aim must be to invest together and our common good we will be bolts by raising unprecedented amou
Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on this story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. This is the one business show you cant afford to miss friendship or in washington coming up the e. C. B. Is forecasting a major hit to the eurozone economy due to the cope at night outbreak and this comes as the European Union is i. A major stimulus package to save the regions economy and if the coronavirus continues to pound brazil as the latin american giant is now the new epicenter of the virus we breakdown the told the disease is taking there and around the globe and later. A new era of private Space Development lies over the rise and what the future holds for the growing sector we
A packed show today so lets dive in. And the eurozone economy is doing worse than initially expected facing a recession as bad as the European Central banks worst Case Scenario according to e. C. B. President Christine Legarde now economic output in the block is set to contract between 8 and 12 percent this year old guard pointed out a previous estimates of the milder downturn are now out of date the e. C. B. Will release official projections for Economic Growth and inflation in the block and next week meanwhile the European Union on wednesday proposed a 750000000000 euro recovery package to help Member States deal with the recession brought forward by the ongoing coronavirus pandemic president of the European Commission spoke about the situation. The aim must be to invest together and our common good we will be bold by raising president amounts of funding at european level we will be focused channeling. The funding to the new priorities that will shape the future. And to achieve this
In washington, lets kick it off with blake. Reporter we are seeing a backtracking away from china in a couple different places across washington today. Lets start with what we first reported exclusively on foxbusiness. Com on monday evening which is that the white house part, President Trump and his top advisers wanted to see the federal Retirement Savings plan that relates the federal government workers not have any exposure whatsoever to chinese equities. There was a fund that was shifted, about 4. 5 billion into chinese equities, that was expected to go into play, the white house said they did not want that to happen wanted to answer by the end of business today, that fund responded to the white house and said that they will not be putting the nearly 5 billion worth of government Retirement Funds into a fund that has significant exposure to china. Thats a big win for President Trump in his own visors who thought not only there was a risk for the workers but a National Security risk