And i want to thank my colleague and Ranking Member, senator cantwell, for her cooperation in this regard, and for all of our staff. Convenes toe today discuss the state of the Aviation Industry. Witnesses, which are limited in number by the guidance we received from the senate, include nic calio, president and chief executive officer of airlines for america, todd president and chief executive officer of the American Association of airport effectives, eric fanning, president of the chief executive officer of the Aerospace Industries association, and remotely, dr. Hilary godwin, dean of school of Public Health university of washington. No part of the American Economy has escaped the impact of the covid 19 pandemic. The air and transportation sector has suffered a particularly painful blow, one intensified by Global Travel resections and stay at home orders, Domestic Travel has declined over 95 compared to last year. Flying with 12 passengers on average. Half of the u. S. Passenger aircr
As corona virus spreads in the u. S. Its economy is likely to face its worst crisis since the Great Depression and the spillover is expected to inflict long term damage there and around the world so what can be done to reverse the crash and can the Global Economy fully recover this is inside story. Hello and welcome to the program im homage im joined its the Worlds Largest economy and has enjoyed record growth but its collapsing the u. S. Economy could be facing its worst recession in decades triggered by coded 1000 measures it shrank by almost 5 percent in the 1st quarter of this year thats the biggest slide since the 2008 financial crisis millions of americans have lost their jobs Consumer Spending has seen its biggest decline in 40 years and many businesses are going bankrupt the u. S. Has pumped more than 2 trillion dollars into the economy in the past 6 weeks but many economists say this is not enough and the worst is yet to come President Donald Trump says things will bounce back
As corona virus spreads in the u. S. Its economy is likely to face its worst crisis since the Great Depression and the spillover is expected to inflict long term damage there and around the world so what can be done to reverse the crash and can the Global Economy fully recover this is inside story. Hello and welcome to the program im homage im joined its the Worlds Largest economy and has enjoyed record growth but its collapsing the u. S. Economy could be facing its worst recession in decades triggered by coded 1000 measures it shrank by almost 5 percent in the 1st quarter of this year thats the biggest slide since the 2008 financial crisis millions of americans have lost their jobs Consumer Spending has seen its biggest decline in 40 years and many businesses are going bankrupt the u. S. Has pumped more than 2 trillion dollars into the economy in the past 6 weeks but many economists say this is not enough and the worst is yet to come President Donald Trump says things will bounce back
Criticism. With infection rates falling jamey says the outbreak is now manageable again. Plus Health Workers fighting coronavirus in chile report an increase in her assessment and discrimination. And im santa how much with all the sport including plans are in motion to complete it this season the European Champions League with all the 29th and 10th for the final. Alarming new numbers showing the strain of the coronavirus pandemic on the worlds 2 biggest economies there is increasing doubt about the u. S. President s 2 week deadline for getting businesses back up and running in 30 states 22000000 americans have made jobless claims over the last months numbers not seen since the Great Depression of the 1930 s. And chinas Gross Domestic Product has plummeted by almost 7 percent in the 1st quarter thats the sharpest fall since it opened up to the world 40 years ago. Theres been a big rise in the death toll in the original epicenter of the outbreak will hand 50 percent more people die there
World Health Organization warns 300000 people could die across africa. With infection rates falling germany says its got the outbreak at manageable levels. Ground control to me. And top tips from a former astronauts on how to come to grips with life in isolation. And on time how much now have all the sporting commuting plans are and the motion to complete this seasons European Champions League with all this 29th a pencil then before the final. Alarming new numbers are showing the strain of the coronavirus pandemic on the worlds 2 biggest economies this increasing doubt about the u. S. President s. 2 week deadline for getting businesses back up and running in 30 states 22000000 americans have made jobless claims in the past month numbers not seen since the Great Depression of the 1930 s. Chinas Gross Domestic Product has plummeted by almost 7 percent in the 1st quarter the steepest fall since it opened up to the world or 2 years ago and theres been a big rise in the death toll in the or