This is boom bust the one business show you cant afford to miss branch boring washington coming up grim prospects have gotten even darker as the i. M. F. Has issued an outlook of the near future of the Global Economy and as the economic continues to sink poor nations are struggling to receive pandemic payments will break it all doubt plus. Endemic u. S. Markets are surging despite record unemployment claims and poor Bank Performance but why well bring in expert analysis straight ahead we have a packed show today lets go and dive right in. The corona virus pandemic. Which has caused a lockdown and mere halt of business worldwide is going to have a lasting effect on the Global Economy but just how bad will it get the International Monetary fund on tuesday joins those who say it could create the worst financial crisis since the Great Depression. We are projecting Global Growth in 2022 flaws to minus. 3 percent. Now this is a downgrade of 6. 3 Percentage Points from general 2020 Major Divi
Is putting money on hold we have a packed show for you today but lets start by tracking the coronavirus. The global death toll for the corona virus now at nearly 20000. 00 with more than 430000 come from cases the World Health Organization recommended fix actions that all government should take to prevent the spread of the coven 19 birds expire on train. Your head is clear and public workforce and. Implement a system to fly every suspect to a community level. So ramp up Production Capacity and i vill ability of testing. For death i didnt doubt. You would use to treat and i usually to patients the last 2 actions were to develop a clear plan for those who are quarantined and then refocusing government on suppressing the virus well europe still the epicenter of the cove in 1000 as italy saw an increase once again in its death toll this after 2 similar days of numbers suggesting that the worst may not be over for the country spain also recorded a higher number of deaths with a total of 343
Should take to prevent the spread of the coven 19 birds expire on. Your head was clear and probably killed would force. Implement. To fly very suspect to a community level. Production. Of testing. For the i didnt. Keep was we need to see you will use to treat. Patients the last 2 actions were to develop a clear plan for those who are quarantined and then refocusing government on suppressing the virus well europe still the epicenter of the covert 19 as italy saw an increase once again in its death toll this after 2 similar days of numbers suggesting that the worst may not be over for the country spain also recorded a higher number of deaths with a total of 3434 this is the 2nd highest death toll in the world and the 2nd worst hit country in europe following italy and germany now has more than 35000 cases and a low number of only 181 deaths but even with a comparatively low death toll president of germanys robert Coach Institute the National Agency for Disease Control and prevention said
Once again this morning, for medical professionals we will use 202 7488002. If you would like to text us, that is 202 7488003. Just make sure that you include your name and where you are texting from. On twitter we are at cspan wj. You can also post your comments on facebook. You may have seen a moment ago the tracker that we are following, the johns Hop University tractor, cases at 609,000. Confirmed deaths, 26,059. Worldwide cases are just about 2 million now. The number that you see here, 7905 deaths in new york city, Scott Gottlieb tweeting this morning about that with a chart saying that the positivity rates of new daily tests in new york are showing signs of a gradual decline, but still very high. This is one data point to watch to gauge the direction of the new york epidemic. A different with story, the New York Times, reporting that a review among passedk city deaths has 10,000, new york city, already a world epicenter of the coronavirus out rake, sharply increasing its death t
The corona virus pandemic which has caused a lockdown and mere halt of business worldwide is going to have a lasting effect on the Global Economy but just how bad will it get the International Monetary fund on tuesday joins those who say it could create the worst financial crisis since the Great Depression. We are projecting Global Growth in 2022 full on to minus. 3 percent now this is a downgrade of 6. 3 Percentage Points from general 2020 Major Division over a very short period of time. This makes the Great Lockdown the worst recession since the Great Depression and far worse than the Global Financial crises the i. M. F. Chief economist said there will be a partial recovery in 2021 adding the overall g. D. P. Will remain below previous levels the comments come weeks after u. N. Secretary general antonio terras made similar comments saying the pandemic will bring a recession that has no parallel in recent years and that it is the worst crisis since the 2nd world war meanwhile the w t