A dream finnigan this is counting the cost of aljazeera a look at the world of business and economics this week a pandemic decimates millions of jobs and pushes many into extreme poverty could have Green Recovery be the solution to saving the Global Economy. Flag of convenience chinese ships and crews but flying the senegalese flag local fishermen say the waters off the coast of being overfished. Slaughterhouses are hotspots for covert 19 activist investors say that Meat Processing plants could be the cause of the next pandemic. The coronavirus pandemic has had a devastating impact on the Global Economy its pushed back global efforts to reduce poverty. Improve livelihoods and health care now understandably nations have poured billions into shoring up Health Services but the recovery now that lockdowns are being lifted needs to take into consideration our other global emergency Climate Change with temperatures hitting 100 degrees fahrenheit in siberia and the Arctic Circle the challenge
June. There are segments of this economy that were very strong before the pandemic and they are resuming their strength. There are other ones that are just plain baffling. I think we are all surprised that retail is doing better, but then we remember target, walmart, costco, these places added people and then the incredible one, the only sector that really seems to be being heard is the one that has the social distancing problem which is restaurants it seems the travel and hospitality people are gearing up and i think that these numbers do reflect the reopening of some states that are now troubled, but i dont want to put a negative gloss on this these are just very strong numbers and we are not where we thought we were or we would be, say, eight weeks ago we had a Strong Economy before, were seeing the strength again. So is this kind of number an Apple Closing Stores number or is this a disney still on track to open in july number well, i think these are numbers where we really felt th
Resurging cases of covid19 could impact. The concerns about new cases seem to win out. There is a tension between the good and bad news of the jobs report and the sense that things will in prove improve more quickly. Nonetheless, a very good report. On their hand, the virus data means hotspots are worsening with the end of the day well off the highs. Thenasdaq had been up on close of. 5 . Stocks,g index and chip and remember, this year thats the new defense. These were the stocks really used for the stayathome trend, so strength there almost indicates that some folks think theres going to be more stayathome action ahead. Confirming there was a rally for bonds up a little bit with that yield going down. Stock that was noticeably the last five or days around these Companies Boycotting the platform for advertising, facebook is down 2 . There was the headline that Mark Zuckerberg is going to be meeting with some of the folks behind the boycott, perhaps trying to have a instructive conversa
Penalties differently. Also d on the day with International Sanctions a tanking economy and its status as an International Pariah iran already had plenty on its plate before the coffee crisis now people that just seem to have had enough. Ive seen many people who dont care anymore at the beginning they were strict but now theyre not they dont know any rules at all. The major setback for germanys fight against covered 19 or storage is of new lock downs in 2 areas in the west of the country the decision was made after a surge in corona virus cases as a meat packing plant in the state of north rhinewestphalia more than 1500 workers tested positive from the total number of new infections in the area is approaching 2000 area covered by the new restrictions include the district of good to slow and voted off 600000 people are back on the lockout. The districts are good to slow unfastened off a back undercurrent of virus restrictions until the end of june residents in the western german distric
Of course is this the right course of action but its a scandal its really terrible for everyone were just getting our freedom back to the claims of testers and staff and told the public that only 2 workers were infected and that was not true. Maybe its better to take these precautionary steps and letting 100000 people get infected. The people in charge those responsible for the penalties differently. Also on the day with International Sanctions the tanking economy and its status as an International Pariah iran already had plenty on its plate before the cough a crisis now people that just seem to have had enough. Ive seen many people who dont care anymore at the beginning they were strict but now theyre not they dont know any rules at all. And. The major setback for germanys fight against covered 19 or thors is of order the new lock downs in 2 areas in the west of the country the decision was made after a surge in corona virus cases a meat packing plant in the state of north rhinewestph