Understand itse true impact whh has been particularly devastatingar to countries and e most vulnerable communities, women, youth, the elderly. But most importantly, we are here to find Innovative Solutions to i creating change. This is precisely the focus of this Years World Bank which wilwill takeplace starting octod Global Leaders of the government, business and civil society. Just at the stage for the evening we will hear today from World Bank Group david and whato it will take to tackle this crisis and how we can turn this into an opportunity for an inclusive recovery. We will be joined in conversation with the president school of finance and joining from his office in sanford doctor redman has been president of the German Central Bank and is a member of the governing council, represents germany and the imf and other National Bodies and has been chairman of the board of directors of the bank since november, 2015. Welcome. The floor is yours. Thank you for your kind words. Ladies an
Financial leaders on the economic recovery from culinary to help developing nations recover from the pandemic follow and longterm impact of children not attending in person passing. This is one hour. I am ceo, i have the pleasure of being the moderator for today. This is precisely the focus of this Years World Bank annual meeting which will take place starting week of october 12 and convene Global Leaders from governments, business and civil society. To set the stage for the meeting will hear today from World Bank Group president David Malpass, and what it will take to tackle this crisis, and how we can turn this into an opportunity to build a path towards the resilient and includes a recovery. He will be joined in conversation with nils stieglitz, president of Frankfort School finance and management. But first well hear from doctor jens weidman, president of the Deutsche Bundesbank who join guest from his office in frankfort. He is been president of the German Central Bank since may 2
Hello im Adrian Finnegan and this is counting the cost on aljazeera a look at the world of business and economics this week brazils president s handling of the Coronavirus Crisis could see the economy slump to its worst performance since 1900. No longer recession proof more than 1000000 Health Care Jobs have been lost in the United States during the pandemic. A recession courts against bailouts and maybe finally a fiscal union will Angela Merkels 500000000000. 00 euro plan save the european union. The coronavirus pandemic hasnt spread a single nation or economy but the way some governments have handled the crisis has raised eyebrows brazils right wing populist leda jaya balsam out o. Has been dismissive about the Health Crisis and implored people to ignore State Government ordered lock downs and social distancing measures the result brazil has the 3rd highest number of confirmed corona virus cases behind the us and russia a study by Imperial College suggests that 700021 1000000 brazili
Listen this is the moment you stop all the 30 action this is the moment. Im fighting every night we meet with newsmakers the stories of the. 0. Hello im adrian figure this is counting the cost on aljazeera a look at the world of business of economics this week brazils president handling of the Coronavirus Crisis could see the economy slumped to its worst performance since 1900. No longer recession proof more than 1000000 Health Care Jobs have been lost in the United States during the pandemic. And recession courts against bailouts and maybe finally a fiscal union will Angela Merkels 500000000000. 00 euro plan save the european union. The coronavirus pandemic hasnt spared a single nation or economy but the way some governments have handled the crisis this raised eyebrows brazils right wing populist leda jaya balsam out o. Has been dismissive about the Health Crisis and implored people to ignore State Government ordered lock downs and social distancing measures the result brazil has the
With Second Quarter volumes that may fall as much as 25 . Ap mollermaersk, the shipping company, said Second Quarter volumes will take a huge hit. You see a top german judge, one top german judge says the ecb is not the master of the universe and must be held accountable. This is Angela Merkel and Emmanuel Macron agreed to open the france germany border. U. S. Medical advisor Anthony Fauci ways in on the Market Sentiment, warning against reopening too soon. Stanley druckenmiller adds to the downbeat tone, saying the equity risk reward is the worst hes ever seen. Finally, a loss in the First Quarter. Putting aside one third of one billion euros for virus provisions. We speak with the chief Financial Officer between or lot in the next three minutes view minutes on the effect of the coronavirus. Ap mollermaersk, First Quarter revenue beating the estimate. 10 billion. 9. 57 billion in the First Quarter at maersk. The estimate was 9. 36 billion. The ceos who we are going to speak with momen