To reopen director of the coronation center for Health Alerts and emergencies so the country needs to be alert and vigilant gives them the schools are now opening some have already opened the most schools are opening this week in a staggered way and others open next week we should see the impact of these reopening that the end of next week or the start of the week after that we need to be alert and vigilant the regional governments are very aware of what could happen we hope it will not happen france and the u. K. Will they also saw a surge in new infections cases have surged since those countries also came out of their lockdown well this comes as the World Health Organization is calling on countries to invest in their Public Health system for they stressed the importance of preparedness for the next pandemic. Killed. That means. Of uses for preventing detecting and desponding to diseases this will not be the last panda me history outbreaks and funder me excited for 2 for life but when
3 times wanted to still very much alive. Travel guides to specialists in germany. Where exactly. Learn a lot of cars culture history and. Travel extremely worth a visit. A ticking time bomb as the pandemic sparked a debt emergency across africa experts warn the continent recession could trigger a global explosion. In the fight against coronavirus germanys is expanding to give the firm a head start in vaccine production. And the fall of or the wind in south africa which is running again after idling and locked down. This is v. W. Business im going on in berlin thank you for joining us the world banks chief Economist Says its going to take 5 years for the Global Economy to recover from cove it Carmen Reinhart says that the pandemic represents the largest economic shock the world has experienced in decades the world bank predicts world the Gross Domestic Product will fall 5. 2 percent this year they recommend governments focus on strengthening Health Services and providing Financial Suppo
And the most. Summer break. Is history. It is. Not going to. Come and. Probably including normal. This League Starts to temper the team on g. W. A ticking time bomb as the pandemic sparked a debt the across africa experts warn of the continents recession could trigger a global explosion. In the fight against coronavirus. The firm heads. Start in vaccine production. And its all aboard the wind in south africa which is running again after idling in lock down. This is v. W. Business im going on in berlin thank you for joining us the world banks chief Economist Says its going to take 5 years for the Global Economy to recover from colvin Carmen Reinhart says that the pandemic represents the largest economic shock the world has experienced in decades the world bank predicts world the Gross Domestic Product will fall 5. 2 percent this year they recommend governments focus on strengthening Health Services and providing Financial Support to the private sector and citizens. But thats harder to d
News on the banks. We were discussing on closing bell the banks finding out this evening what this extra stress tests theyll go through this fall will be there will be two severe recessions it will be tested against as opposed to normally one. Its possible we could interpret those severe recessions as not as bad as they could have been june saw unemployment spiking to 10 . This test has two versions one is that it spikes to 12. 5 and then dips more quickly to 7 7. 5 both of those factors perhaps highlight the severely adverse scenario didnt get that much worse given the year that were in than perhaps it could have got. 10 unemployment to 11 or 12 is not that much worse. That will also include a stock market decline by 30 house prices falling 26 all of course headlinegrabbing changes but not that much worse than they could have been given the fact that we already knew this early set of tests was coming there is one line that stands out at the end of the statement that says, the board re
And tech is staging a comeback, or at least it was, after yesterdays big losses well off the highs. Another brutal day of nikola the first sell rating on wall street and colorados governor warning of a potential wave of Coronavirus Infections the governor will join us with the new measures he is taking to try to stop the spread first up, lets focus on the big stories were watching one hour left of trade we have the latest on the stimulus stalemate in washington a half hearted bounce this morning. It seems like the dip buyers they keep drawing new lines in the sand as they back up and this morning the s p 500 futures got down to 3200 almost right to the tick we did bounce off there and then we have the post 2 00 p. M. Eastern time selling again a little Risk Reduction where people are not quite sure if if the footing is there for a strong close this down trend developed here were going back gagain to the june 8th high. Were turning around i point to the late july area. A lot of the leve