This is boom bust the one business show you cant afford to miss branch boring washington coming up grim prospects have gotten even darker as the i. M. F. Has issued an outlook of the near future of the Global Economy and as the economic continues to sink poor nations are struggling to receive pandemic payments will break it all doubt plus. Endemic u. S. Markets are surging despite record unemployment claims and poor Bank Performance but why well bring in expert analysis straight ahead we have a packed show today lets go and dive right in. The corona virus pandemic. Which has caused a lockdown and mere halt of business worldwide is going to have a lasting effect on the Global Economy but just how bad will it get the International Monetary fund on tuesday joins those who say it could create the worst financial crisis since the Great Depression. We are projecting Global Growth in 2022 flaws to minus. 3 percent. Now this is a downgrade of 6. 3 Percentage Points from general 2020 Major Divi
You buying us one a simple virus can crush our economy and Health Care Infrastructure in just a few short weeks naturally the most common answers we as citizens get in return when we ask these questions is either a litany of spoiled toddler like finger pointing like the kind we witnessed this week when us President Donald Trump tried to claim his inadequacies and failures were all the fault of the World Health Organization or or the other excuse one of my own personal favorites in political excuse making the a big protests we just didnt see this coming. Which which might be true appear in every average every day jane and john q citizen but when you were the House Speaker when you were the Senate Majority leader or were near the president of the United States we didnt see it coming is no excuse especially when the very military Industrial Complex that you worship that you and our money over to warn you of this very catastrophe 3 years ago according to a 2017 u. S. Northern command plan
And practice social distancing is now april 30th this is a change by the way americans are being told to avoid nonessential travel and to not gather in groups of more than 10 until the end of april end of april and thats an update from the latest comment that weve heard from President Trump where he seemed optimistic that things would be back to normal by april 12th so while in the United States the government is making official recommendations in other parts of the world you probably notice governments are being much more forceful spain for example is telling its citizens this morning that they have to go into quote hibernation thats a word thats being used by far the largest lockdown anywhere in the world is taking place right now in india this is where 1300000000 people are being told to stay home this video which has gone viral reflects just how seriously indian authorities are now in forcing this curfew with Police Officers seen giving residents a not so gentle not. With baton and
Nonessential travel and to not gather in groups of more than 10 until the end of april now thats an update from the latest comment from President Trump even different information that while the u. S. Government is officially making these recommendations in other parts of the World Governments are being more forceful spain for example telling people that they have to quote hibernate or be in quote hibernation by far though by far the largest lockdown anywhere in the world possibly in the history of the world is taking place in india where 1300000000 people are being told to stay home in this video which has gone viral reflects just how seriously indian authorities are enforcing this curfew with Police Officers seen giving residents a not so gentle nudge with the tongs and sticks and other disciplinary actions when they see people on the streets now there is yet another crisis developing in india regarding a mass and very crowded migration situation as poor day laborers attempt to leave
Spread of the corona virus as cases surge around the globe the centers for Disease Control in the u. S. Is warning that another outbreak there could be banned and a german town searching for answers after a car crashes into a carnival parade 60 people including many children were injured in that incident and police have not been able to interview and question the driver and the 70th brylin Film Festival is focusing on women and the politics of power today my colleagues i mean asses and scott roxboro are down at the red carpet. At the bell analogy day 2 films from korea and one american about women struggling to tell their own story plus dark comedy for the upcoming italian director duo that did oceans oprah others that more coming up. Im bring golf its good to have you with us the former egyptian president Hosni Mubarak has died at the age of 91 after assuming the presidency back in 1981 mubarak held on to power for 3 decades through a system that was built on repression corruption and