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
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
A delayed exchange deal. And im here to stay with your sports british motor racing legend Stirling Moss has died at the age of 90 there and more later this news hour. Lets get going in the u. K. Prime minister Boris Johnson has in the last hour or so been discharged from some Thomas Hospital in london he was there being treated in i. C. U. For corona virus in a statement mr johnston said he was hospital staff his life hes not going straight back to work hell continue his recovery at his official country residence checkers now meanwhile spains reporting a rise in deaths for the 1st time in 3 days 619 people have died in the past 24 hours and the United States has surpassed italy so have the worlds highest death toll from coronavirus well. 20600 people are known to have died since the break began well speak more about that with mike hanna in washington shortly we also standing by for us in madrid and idris in a budget hell tell us about reports of racism against African Students and expa
Is counting the cost on aljazeera your 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 cut in history but album on a case of the persian gulf about to blow their wealth and just how low oil prices. A 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 coronavirus wreaks havoc many nations like nigeria south africa are dependent on commodities for a large chunk of trade and revenue. 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.
True all of the country new yorks mayor criticizes the trumpet ministration over a lack of Virus Testing kits. And other hears the taliban releases 20 state prisoners hours after more of their faces a set free by the afghan go. More than 75000 people died in europe after being infected with the coronavirus its the worst affected continent but there are signs of hope its only has recorded its lowest number of new deaths in more than 3 weeks although more than 430 people died on sunday that was a drop of almost 200 from the day before in spain the number of new deaths has risen but thats off the 3 days of declining fatalities officials there say its evidence that lockdown measures are working when im dead in the u. K. Has continued to rise crossing 10600 from minister Boris Johnson has been released from hospital he says his 3 days in intensive care could have gone either way. In the last 7 days i have of course seen the pressure that the n. H. S. Is under ive seen the personal courage n