System riddled with bad debts india tends to revive the countrys 4th largest bank as depositors yank their cash. And saudi arabias Oil Price War with russia could send crude prices to 10. 00 a barrel with an oil producer like indonesia cope. 9 trillion dollars and counting thats what rich nations have spent so far on the coronavirus pandemic theyre trying to make sure theres a functioning economy if they get to grips with the outbreak but the damage done is likely to surpass the financial crisis maybe even the Great Depression what is known its the worst economic crisis in the last 70 years well at this time theres a rush to safety the 11 year bull run in u. S. Stock markets is over and theres one safe haven everyone is banking on and its not gold its the dollar for all the talk of the dollar would lose its reserve currency status its proved to be just that talk lets take a look at some examples now emerging markets have borne the brunt of the rush for dollars indonesias superior lost
Policy conference. I am the director of the i amrch center and delighted to introduce the chairman and vice chair of the white House Counsel of Economic Advisors. In preparing for this session, i have a foundational commonality. He is originally from sweden. , am originally from minnesota the land of american swedes. Close enough. Currently on leave from the university of chicago, where he is a professor of public directs thees and program on Foundational Research and Health Care Markets and policies within the Health Economic initiatives. Severald in publicsector positions, including his role as Senior Advisor to the head of the food and Drug Administration and as the senior Economic Advisor to the head of the centers for medicare and medicaid services. He also served as the Health Care Advisor for senator john mccain during his president ial campaign. Thank you so much for joining us today. Start, it says on wikipedia that the chairman writes all 300 pages. If you would, please take
Im Christine Wendell welcome to the program. We begin our broad cost in brome where pope francis is set to give his yearly irby itll be Christmas Day blessing from the balcony off the st this piece has Pacifica Christians around the bold also integrating the birth of jesus thousands have come to see the pontiff this cross over to rome. All right and those are pictures from rome where pope francis is shortly going to be delivering hes opiate oby christmas message now he led a Midnight Mass at st peters basilica at the vatican hes blessing emphasized forgiveness not just for sin is but for the church itself ofter a difficult area in which sexual abuse scandals continue to rock the Catholic Church Francis Christians to keep the faith. Think forward i he does a ritual that dates back to the 1st centuries of the Catholic Church the Midnight Mass at some pages is a spiritual gathering there the pope is said to confide the word of god to the faith. Of. All of that he may god who by the incarn
Citizens to overcome differences and respect each other as equals sponsor. Hello im Christine Wendell welcome to the program. Pope francis has been giving the christmas all beatrice and his blessing to catholic faithful from st Peters Square in rome but to. Speak russian. It 90 minutes. Francis spoke about migrants and those who did what he caught and speakable forms of abuse. The pontiff also court for an end to the social unrest in venezuela and he appealed for peace in syria he. May christ bring his light to the many children suffering from war and conflicts in the middle east and in various countries of the world. See him bring comfort to the beloved Syrian People who still see no end to the hostilities that have written their country over the last decade. I think with the new. David willey is a veteran correspondent who has covered the vatican for decades he said todays address by pope francis was also an attempt to put a hopeful spin on whats been a terrible year for the Catholic
The countrys bloody revolution took the lives. Hello im christine window welcome to the program pope francis has given hes christmas address so be it over to the city and the world along with hes placing to the catholic faithful from st Peters Square in broome but. It really is the percent. Hit 90 at st. Francis spoke about migrants and those who have endured what he called and speakable forms of abuse the pontiff also called for an end to the social and raised in venezuela and he appealed for peace in syria to make christ bring his light to the many children suffering from war and conflicts in the middle east and in various countries of the world. See him bring comfort to the beloved Syrian People who still see no end to the hostilities that have written their country over the last decade. In ways to reach a new. David willey is a veteran correspondent whos covered the vesa can for decades he said todays address by pope francis was also an attempt to put a hopeful spin on whats been a