Largest number of new cases in just one day and mexico are also contributing to those high numbers Mexican Health authorities reported a daily record spike of more than 2973 infections on thursday alone while argentina pushed its critical deadline for its 65000000000 dollar debt latin americas 3rd largest economy agreed to continue talks with their creditors through june 2nd and in a rare move china drop its g. D. P. Target for 2020 the worlds 2nd largest economy made the decision this was due to uncertainties over the coronavirus chinas economy contracted by 6. 8 percent in the 1st quarter well it was as its 1st decline in more than 4 decades and in a Virtual Meeting the World Health Organization said its working nonstop since the start of covert 19 to really help coordinate a response. Do you miss the beginning of the pandemic doubloon john howards world good day and night to coordinate the Global Response also the levels of the organization we are today did the plan earlier this mon
Of libyas capital the internationally recognized government closed back more territory from warlords police have tagged and the spain announces plans to Welcome International tourists just in time for the Summer Holiday season. Brazil has overtaken russia and now has the 2nd highest number of corona virus cases 2nd only to the United States confirmed infections are now above 330000 the death toll is more than 21000 that is based on official figures but experts say the total could be as much as 15 times higher because of lack of testing brazils infections are not expected to peak until next months states and cities are now grappling with whether to loosen restrictions or clamp down even harder the pandemic and the governments response to it is an issue which has polarized the country. My father has coronavirus and psychologically hes very affected and upset the landscape changes very quickly in a hospital one moment one person dies and another is discharged he gets very angry hes very a
The Global Economy is on its way to a long lasting global recession and its latest Global Financial stability report the International Monetary fund said the bank sector will struggle to generate profits through 2025 and White House Health adviser Dr Anthony Fauci told the n. B. C. Prolonged lockdowns could end up causing arab reparable damage while still warning that states over relaxing social distance restrictions to quickly well new corona virus infections surged in latin america the region surpassed the u. S. And europe with the largest number of new cases in just one day and mexico are also contributing to those high numbers Mexican Health authorities reported a daily record spike of more than 2173 infections on thursday alone while argentina pushed its critical deadline for its 65000000000 dollar debt latin americas 3rd largest economy agreed to continue talks with their creditors through june 2nd. And in a rare move china drop its g. D. P. Target for 2020 the worlds 2nd largest
Finally reopened on the very first day was permitted for mornings on 2 part of our fox 2 storefront pickup only. Its a huge step. Giving do drive, today we recognize Latino Community foundation, joining us now live reporter the owner says, as is ceo Jaclyn Martinez carso, it for so many small businesses, customers really want to see, is great to have you on your. Touch and feel the goods, your Foundation Helps to support Community Groups in the something that has to wait for now. Bay area and beyond, what sort we need to be in front of our customers, we are very of organizations do you support . Think you for having me here tactical and a social business, without that we have no business at all. Reporter owns sports shoe. Today. We exist to invest in latino organizations, and following all that is happening here with where oneonone unfitting the Public Health crisis. We set up a fund to invest in people shoe. Reporter you created a website and custom services. Organizations on the fron
Abc7 news anchor liz kreutz is live now to give us the big picture perspective of what this means. Liz . Hi, kristen. Weve been talking a lot about our local businesses and how theyre doing, but these numbers out today give a really big picture look at the overall toll retail is taking right now because of this pandemic. We spoke to the president of mountain hardwear based in richmond to get his take on what all of this means moving forward. Weve all seen it, the crazy online discounts. 80 off ann taylor, 60 off j crew, macys. While it might sound nice, something detrimental is happening to the retail business. But just how bad it is . What is the state of the Retail Industry right now . Its at a stand still. The president of richmondbased mountain happ hardwear. Despite Curbside Pickup beginning this week in the bay area, even at places like rei which sales their products, he says he is not holding his breath. I dont see that changing anything significantly. I dont think consumers eve