Being reported in the countrys financial and Business Capital of milan Major International events such as milans fashion week are scaled back all cancelled outright schools and universities are closed and passengers on International Trains out of milan are being tested for the virus the epicenter of the outbreak is lumbered the authorities there have put several towns under quarantine affecting some 50000. 00 people stocks in milan and in front for chits 3 percent and the latest coronavirus p s. A some Silver Lining on the business horizon comes from germany 0 institute the latest Business Climate index for february came in at 96 point one percent thats better than expected and for more im joined now by professor t. Mo of almost was a senior economist at the center for macro economics and service good to have you with us please tell me how is this better than expected business and cement fit in with the current coronavirus. Yeah thats true it was a bit of surprise this morning when we
Business news live from singapore. 2016 was the year of surprises, so whats in store for the Global Economy in 2017 . We get some predictions. And got milk . We visit an indian dairy of looking to pump out healthier products. Good morning, asia. Hello, world. Happy holidays, everyone. Glad you could join us for this friday edition of Asia Business report, im rico hizon. If theres anything we can learn from 2016 it might be to expect the unexpected. The uk voted to leave the eu and the election of donald trump as us president certainly defied expectations of many forecasters, but both events could have a large effect on the coming year. So what storms could be on the radarfor coming year. So what storms could be on the radar for 2017 . Coming year. So what storms could be on the radarfor 2017 . Earlier i asked Simon Littlewood from the asia now consultancy group. There might no one agrees but there are three scenarios for global growth, one is a slow recovery, two is a fast recovery and
Forecasters say a lifethreatening freeze will hit the north and central u. S. Hundreds of people are fleeing ramadi and fallujah, following days of violence. The Islamic State of iraq and levant has taken over part of two key cities in anbar province. The military is preparing to retake fallujah. Many people have abandoned their homes and are heading towards another area that is stable. United states supports iraqs fight against al qaeda, but will not send troops back. I will not go into the details, except to say we are in contact with tribal leaders from anbar province, and we know they are showing great coverage as they reject terrorist groups from their cities. And this is a fight that belongs the iraqis. That is what the president and the world decided some time ago when we left iraq. So we are not obviously contemplating returning or putting boots on the ground. This is their fight. Well help them in their fight. Defense analysts say iraq needs technological assistance from the u