Suchi over the persecution of a 100 muslims and a giant asteroid is hurtling past earth but close enough for astronomers to study it. Were looking at the economic effects of the corona virus pandemic this hour they are being felt in many parts of the Global Economy aviation and oil is specially and its hitting the big players airbus has already said its bleeding cash at an unprecedented speed and announced it would cut production by a 3rd now it has posted a 1st quarter loss of half a 1000000000. 00 the chief executive of the european or a Swiss Company is warning this is quote the greatest crisis the industry has ever known its rival in the u. S. Boeing has already announced plans to cut 7000 jobs its chief executive predicts global revenues in the industry could drop by more than 300000000000 dollars this year and then 3 years after it will be in a recovery phase and in the u. K. British airways is set to shed up to 12000. 00 jobs which would be a 3rd of its workforce the airline has
Place in the philippines accused of human rights abuses as they enforce strict coronavirus measures and the outgoing void to me in. Chief for failing to protect muslims im joining us with sports including more doubts around the term care limp exist japans Prime Minister says it wont be possible to host the games unless the coronavirus is contained. Just 2 weeks ago the world learned were on track for the worst recession in nearly 100 years coronavirus pandemic may wipe 9 trillion dollars from the Global Economy well now countries around the world seeing that stark reality play out on their own balance sheet. The Worlds Largest economy for example the United States well its shrunk by nearly 5 percent since the start of the year thats the largest drop since late 2008 and nearly a full percent more than expected well germany europes economic powerhouse is expected to plunge into its deepest recession in 50 years new numbers released by the government have the countrys g. D. P. Shrinking b
Saudi arabias all revenues 24 percent in 3 months as the pandemic drains demand protect the Children Charities sound the alarm about child abuse during long downs. The Economic Impact of the coronavirus pandemic continues to reveal itself in the last few hours the Worlds Largest economy the us reported a 1st quarter g. D. P. Loss of nearly 5 percent thats the worst result since the 2008 financial crisis airplane make a boeing suffered a 640000000. 00 loss in the 1st quarter. Also reported a loss of half a 1000000000. 00 lets cross over now to our White House Correspondent Kimberly Halkett so pretty grim figures for the 1st quarter and apparently theyre expected to get worse Going Forward right. Thats right because this really takes into account the reflection of when the stay at home order started in march but not so much for january and february so there is an expectation that the next quarter is going to be nothing short of horrific in terms of those numbers projected to be almost Gr
Ignored risks to civilians in a drone strike in tripoli last november. Actually. Going un special rapporteur from the young mom calls out that ations leader Aung San Suu Kyi over the continued persecution of rohingya muslims. And well to what i call the problem of india act of funk rock dies at the age of 53. Its still early days in the pandemic caused worldwide recession but we now have a better sense of how hard key sectors of the economy are being impacted the Worlds Largest economy the United States has wiped out a decade of growth shrinking by 4. 8 percent in the 1st quarter according to figures released a short time ago one of its largest manufacturers boeing has reported losses of at least 600000000. 00 while european rival air bus says that it lost more than half a 1000000000. 00 in the 1st quarter to europes largest economy will have the worst here since the end of world war 2. Germany contracted by 2 percent in the 1st quarter but is forecasting a 10 percent drop for quarter
Actually absolutely destroy the outgoing un special rapporteur of course Operations Leader Aung San Suu Kyi over the continued persecution of Rohingya Muslims im joining the with sporting doubts around the take here lympics is japans Prime Minister says it will be impossible to host the games next year unless the current virus pandemic is contained. Its still early days in the pandemic triggered world wide recession but we now have a better sense of how hard key sectors of the economy are being impacted the Worlds Largest economy the United States has wiped out a decade of growth shrinking by 4. 8 percent in the 1st quarter according to figures released a short time ago one of its largest manufacturers boeing as reported losses of at least 600000000. 00 while european rival says that it lost more than half a 1000000000. 00 in the 1st quarter to europes largest economy will have the worst year since the end of the 2nd world war germany contracted by to. Percent in the 1st quarter but it