The system . Michael no. He repeated that comment today as his parts of efforts to Tell Congress they need to do more in terms of lending programs, more in terms of fiscal support. Strategy oferall letting inflation run hot or is designed over the longterm to try to help by not cutting off credit to the economy when it starts to reach the lower levels , when Economic Growth starts to help the people he was talking about, which is what they did in the last expansion. Where theill take a long tipecd first 300 billion 300 Million Dollars will go. Andlked with their chairman ceo, brian moynihan, about that program. We have a billion dollars across 1 billion across those programs. One is entrepreneurship, one is educations and job creation, and another is health. You have the healthcare crisis, which affected these communities more than other communities, and that has been statistically proven. We have been doing a lot. Recently, we announced 25 million would go in nearterm health and issue
History but album on a case of the persian gulf about to blow their wealth and just how low will oil prices go. Union divided on sharing the Economic Cost of the pandemic why france and italy are lining up against germany and the netherlands. Now Subsaharan Africa could be plunged into its 1st recession in 25 years as the Global Health crisis brought about by the corona virus wreaks havoc many nations like nigeria angola south africa are dependent on commodities for a large chunk of trade and revenues all have been decimated as economies have ground to a halt well the World Bank Estimates growth could tumble to minus 5 point one percent from 2. 4 percent triggering Food Insecurity the pandemic could cost the region as much as 79000000000. 00 in lost output from falling Commodity Prices to a drop in tourism. The Nigerian Government to seeking 7000000000. 00 in emergency funding from the i. M. F. And world bank its last budget assume that oil prices would be around 59. 00 a barrel its cu
Committing rights abuses as they enforce strict coronavirus measures. And the 2 kilometer wide asteroid from the edge of our solar system that stooges it passed within hours. More lives have now been lost to the crown of virus pandemic on u. S. Soil then all of the americans killed during the vietnam war a tally by Johns Hopkins University Shows more than 58300 people have died and more than 1000000 people have been infected ever as on the reports from new york the epicenter of the u. S. Out sick. The cord needed fly over by u. S. Air force and navy planes over new york city a display of gratitude for Health Care Workers and 1st responders. Here in what is an epicenter of the u. S. Krone by risk crisis a crisis that has put more than 20000000. 00 americans out of work in only one month and at one point had more than 300000000 americans under stay at home warders transforming even the busiest cities like new york into ghost towns the crisis has now hit a new milestone over 1000000 cases
When you saw that document for the 1st listen to the war saying youll go. With. The stories that. Hello im Darren Jordan this is counting the cost on aljazeera you look at the world of business and economics this week the coronavirus pandemic wreaks havoc across Subsaharan Africa nations turn to the i. M. F. And world bank to see them through the crisis the biggest Oil Production cuts in history but album on a case of the persian gulf about to blow their wealth and just how low will oil prices go. A union divided on sharing the Economic Cost of the pandemic why france and italy are lining up against germany and the netherlands debt. Now Subsaharan Africa could be plunged into its 1st recession in 25 years as the Global Health crisis brought about by the corona virus wreaks havoc many nations like nigeria angola south africa are dependent on commodities for a large chunk of trade and revenues all have been decimated as economies have ground to a halt well the World Bank Estimates growth
Committee on Small Business member states, hearing on response, we had a hard stop, we could move as quickly as we can and could not accommodate every member in person today and we are accepting statements until thursday april 30th. Today is a chance for the committee to hear directly from members of congress about thoughts on the covid19 response for the next package to Small Business issues for the committee of jurisdiction. I would like to remind everyone we are practicing social distancing and taking other precautions for all in attendance. I appreciate your cooperation so that we can protect ourselves and our hardworking staff. Three weeks ago when congress created the Paycheck Protection Program we did so with the goal of providing a lifeline, the program experienced Unprecedented Demand and proven successful, helping more than 1. 6 million entities to support employees. As a result we will be replenishing the Program Later today. While we are moving quickly to provide an additio