Aljazeera. Hello im come on santa maria this is counting the cost on aljazeera your weekly look at the world of business and economics this week coronavirus and trade war 2 fears the pandemic we examine the impact on china its neighbors and the world including the possibility of it being as bad as the financial crisis a decade ago and our Regional Focus is on cambodia an economy like many that is connected through trade with the worlds 2nd biggest economy now faces the very real prospect of jobs loss plus cant pay 1. 00 pay continues new president takes a tough stance on the countrys unsustainable debt. It was a bruising year for china a trade war with the United States left its economy expanding at the slowest pace in 30 years and economists estimate 4000000 jobs may have been lost by the way that was 29 tame this year is already being defined by coronavirus its killed thousands infected thousands more and has put the brakes on chinas economy in a very sudden manna here the numbers ec
It could be joe biden, it could be Elizabeth Warren, it could be Michael Bloomberg. Even Pete Buttigieg is in there. It is hard to tell who is behind Bernie Sanders. Sanders is clearly in the front spot. David one of the things we look at is not where they are now but where they are moving from and to. Are we getting any indications of momentum . Is Michael Bloomberg moving . Is Bernie Sanders moving . Wendy Bernie Sanders has run with the momentum he picked up from winning the New Hampshire primary and doing very well in iowa and he is drawing crowds in california and nevada, where they are having caucuses this saturday. He is drawing crowds in the tens of thousands. Not quite as many as he had when it was just him and hillary clinton, but far bigger crowds than any of the other Democratic Candidates. He is hammering away at the centrist in the race, mostly , who sandersberg is taking is the embodiment of everything sanders stands against. A little after the others. The rest are strug
Week for the nasdaq. That is the first time youll see stocks down for the major averages in three weeks. This morning, we are still near alltime highs for both the s p 500 and the nasdaq looking at the treasury market, right now, 10year at 1. 486 some additional pressure concerns about Global Growth and what it will mean for the economy. S p was out saying for the year, you could see chinese growth at 4. 4 for the full year that concern if they see a peak to the virus in march. All these new highs and goldman talking potential correction i can see how the case could be made right now is there anything more than a possible Global Pandemic i think about it it is hard to buy any stock that wouldnt be impacted by a bad outcome in this. Right people assume it will be a vshaped recovery and that it will happen sooner rather than later. With coronavirus. After it going away. But we dont know if it goes away and we still dont know what kind of numbers we are getting. It appears it is slowing a
A 7 year high as investors flock to safe haven assets to the buyers go price increased by 19 percent and has continued to surge these 1st few months of the year not least because of anxiety over the operating asian stocks fell sharply today with the japanese yen hitting a 10 month low. At over to the frankfurt so hes changed the conrad blues and again were seeing some very bad numbers were going to see an amazing recovery of sorts sometimes. While at least the traders here are confident that as soon as the coronavirus can be contained there is reason to be upbeat today Economic Data from germany was updated the purchasing managers for index for the Manufacturing Sector managed to rise you know many analysts have predicted another slump of this index so i think its fair to say without the coronavirus the German Economy would continue on its path upwards. What about the g 20 finance ministers theyre meeting this weekend is there anything they can do to ensure things are kept under contro
A 7 year high as investors flock to safe haven assets through to the buyers the gold price increase by 19 percent and has continued to surge these 1st few months of the year not least because of anxiety over the break asian stocks fell sharply today with the japanese yen hitting a 10 month low. At over to the frankfurt so its strange for conrad and conrad again were seeing some very bad numbers we going to see an amazing recovery of sorts sometimes. While at least the traders here are confident that as soon as the coronavirus can be contained there is reason to be upbeat today Economic Data from germany was updated the purchasing managers for index for the Manufacturing Sector managed to rise you know many analysts have predicted another slump of this index so i think its fair to say without the coronavirus the German Economy would continue on its path upward. What about the g 20 finance ministers their meeting this weekend is there anything they can do to ensure things are kept under