Migrant workers storm a Railway Station in mumbai protesting over the extension of indias lockdown just left the jobless and hungry class. Get past yourself and preach about societys new yorks governor accuses donald trump of spoiling for a fight over claims the president has betrayed and how to lift knockdowns. And why u. S. Farmers a dumping rivers of milk all shop shelves are empty and millions of americans of all agree. To the huge cost of the coronavirus pandemic has been laid out in a dramatic prediction from the International Monetary fund it expects global output to shrink by 3 percent this year which sounds small but would be the worst year since the Great Depression of the 1930 s. This equates to a 9 trillion dollars cotton world production this year and next a loss greater than the combined g. D. P. Of germany and japan italys economy is expected to be one of the worst hit shrinking by 9 point one percent but the i. M. F. Thinks less developed economies will fare better lati
Around the world as manufacturing grinds to a halt in many sectors as businesses are forced to close the Economic Impact of the covert crisis is biting the i. M. F. Issues regular reports on the Global Financial situation 3 months ago they were predicting widespread growth for one of us has radically changed the landscape we are projecting Global Growth in 20224 to minus. 3 percent now this is a downgrade of 6. 3 Percentage Points from jan return to 20 a Major Division or a very short period of time this makes the great lock down the worst recession since the Great Depression and far worse than the Global Financial crises. One of the biggest drops will come a new unit paean euro zone which is expected to take a hit of 7. 5 percent the u. S. Where the president is pushing to reopen the economy is looking at a contraction of nearly 6 percent japan 5. 2 percent down the same as latin america in china where the pandemic began and has begun to reopen its economy its expected to record growt
A 2nd wave of infections and we must fight Climate Change like the coronavirus that message from the un on the 50th anniversary of earth day. Hello the us has condemned iran successful launch of its 1st military satellite into orbit irans revolutionary guard says the country is now able to monitor the world from space but washington has accused ron in the past of using its Space Program as a cover for Missile Development same bus ravi reports. On wednesday morning the will to news of a secret operation carried out by the Islamic Revolutionary guards from a launch site in iran central desert it successfully used a 2 stage rocket to put its 1st military satellite in space. The newer or light is now 425 kilometers above us orbiting earth and the head of the revolutionary guards says it gives irans military new strategic advantages or that. It is a necessity for such powerful Defense Forces like the revolutionary guard to have access to advanced capabilities today the powerful armies of th
Appeals for 2000000000. 00. And 400 tons of freshly caught fish is said to be thrown away in sri lanka because of coronavirus the of. Us senators due to vote in the coming hours on a 2 trillion dollars package to fight coronavirus the monies for helping frontline medical workers and keeping the worlds biggest economy afloat the vote comes after republican senators flagged what they call drafting issues which had to be amended before the bill can ask macca my kind of has more from washington. So we have to go back we have to go back the stimulus bill remains stalled in the Senate President trump spent much of the daily Coronavirus Briefing extolling its many virtues its going to be in the form alone so the moneys going to come back he doubled down on his insistence that the shutdown could be ended soon in many parts of the country and angrily claimed that some of his opponents were using the crisis to harm his election chances later this year i think there are certain people that would
Pounds protests against brazils president who continues to downplay the Coronavirus Crisis a crisis that is only one gas that is necessary if you think its a war against foreigners the u. N. Secretary general tells out just their war countries need immediate support as he appeals 2000000000. 00. We begin in the u. S. Where a historic 2 charlie and dollar coronavirus rescue package has passed its 1st hurdle after getting approval from the u. S. Senate as the money is for helping frontline medical workers in keeping the waltz biggest economy afloat the number of coronavirus cases in the u. S. Is approaching 70000 and more than 1000 people have died my count every 4 some washington. After days of wrangling the senate votes on the bill. The political divide for once bridged as democrats and republicans support the package the senate is going to stand together act together and pass this stark relief package. Like all compromises this bill is far from perfect but we believe the legislation h