This is true but the one business show you cant afford to miss im bridge 4 in washington coming up without support bankruptcy in the next few days the fate of germanys Largest Airline rests in the hands of its shareholders we break down those bumpy ride apple is also looking to switch to self sustainability as it plans to ditch intel chips in favor of it so we dig into the details of the move and the latest innovations from the tech giant with a packed show today so lets go into it right in. And we begin with the big news from the Airline Industry as weve done as a peers set to risk. A 10000000000. 00 bailout from the German Government now this bailout package had been held up for several weeks as the airlines largest single shareholder dropped his opposition that shareholder billionaire businessman herman thiel had been threatening to block the deal as recently as last month his opposition though has faded as has found itself in a dire situation the airline lost 10300000000. 00 in the
Defer paying their income tax and we expanded tax refunds, very substantially. Thanks to our efforts and incredible resilience much our nations Small Businesses, and i really think we can add the foundation that we built. We built the greatest economy ever built. And that foundation was so strong, instead of coming weekly back, or going in the other direction, because this is coming back and we havent totally succeeded yet. We will soon, but we havent killed all of the virus yet. And yet you look at these numbers. That is based on a very Strong Foundation we built, a Foundation Like no other, a foundation had we not been attacked by this virus, this horrible virus we were doing things and had things planned that nobody else had ever even thought of. Paying off debt, building numbers, the likes of which nobody has seen. And yet next year well be in a position where i believe in a certain respect i think well even be stronger than we would have been because of what were doing but only th
Without support bankruptcy in the next few days the fate of germanys Largest Airline rests in the hands of its shareholders we breakdown new founds a bumpy ride apple is also looking to switch to self sustainability as it plans to ditch intel chips in favor of it so we dig into the details of the move and the latest innovations from the tech giant with a packed show today so lets go into it right in. And we begin with the big news from the Airline Industry as weve peers set to receive a 10000000000. 00 bailout from the German Government now this bailout package had been held up for several weeks as the airlines largest single shareholder drop his opposition that shareholder billionaire businessman herman thiel had been threatening to block the deal as recently as last month his opposition though has faded as has found itself in a dire situation. The airline lost 10300000000. 00 in the 1st quarter of this year at the companys Shareholder Meeting on thursday lou lou thousands of board ch
States setting another record for new cases of cope with 19 on thursday with the nation seeing a spike in cases as certain regions attempt to reopen their economies Johns Hopkins University Reported more than 40000 cases on thursday in the us eclipsing the previous record of more than 36000 cases reported in april this comes as the director of the center for the centers for Disease Control dr Robert Redfield said he estimates that for every case reported in the country there are likely 10 other infections unreported meanwhile and speaking about the end of the 2nd Ebola Outbreak the director general of the World Health Organization just how similar measures have been taken to fight the 2 diseases and spoke about what it will take to see an end of the kobe 9000 pandemic. Its clear that to bring coded 19 and of control and to save lives we need effective vaccines diagnostics and therapeutics in unprecedented quantities and im president to speed. And its clear that because old people out o
Outlook we are projecting a deeper downtown in 2020 and a slower to company in 2021 to growth to 2020 is projected at minus 4 point one percent which is 1 point one percent points below our april focused now this reflects the fact that in the 1st tough economic outcomes came in somewhat worse than we had anticipated and because there is no medical see you should we are expecting social distancing to persist for more for a long time into the 2nd half. And downgrading the growth forecast for 2021 the i. M. F. Expects a growth rate of 5. 4 percent instead of earlier estimates of 5. 8 percent the fund is predicting an 8 percent contraction in the United States in 2020 while the eurozone economy will decline by 10. 2 percent brazil will take a 9 point one percent hit with the economy of mexico shrinking by as much as 10. 5 percent just this year now the Organization Also pointed to a catastrophic toll on the labor market due to the pandemic saying there klein in work hours for the 2nd quart