Announcement that the Global Economic downturn due to the corona virus pandemic will be worse than initial estimates so compared to the april 1 of the Economic Outlook we are projecting a deeper downtown in 2020 and a c. E. O. At a company in 2021 to growth to 2020 is projected at minus 4 point one percent which is 1 point one percent points below our april focused now this reflects the fact that in the 1st half economic outcomes came in somewhat worse than we had anticipated and because there is no medical suit you should we are expecting social distancing to persist for more for a long time into the 2nd half. And downgrading the growth for crest for 2021 the i. M. F. Expects a growth rate of 5. 4 percent instead of earlier estimates of 5. 8 percent the fund is predicting an 8 percent contraction in the United States in 2020 while the eurozone economy will decline by 10. 2 percent brazil will take a 9 point one percent hit with the economy of mexico shrinking by as much as 10. 5 perce
2021 the i. M. F. Expects a growth rate of 5. 4 percent instead of earlier estimates of 5. 8 percent the fund is predicting an 8 percent contraction in the United States in 2020 while the eurozone economy will decline by 10. 2 percent brazil will take a 9 point one percent hit with the economy of mexico shrinking by as much as 10. 5 percent just this year now the Organization Also pointed to a catastrophic toll d on the labor market due to the pandemic saying there quine in work hours for the 2nd quarter will be the equivalent of losing 300000000 full time jobs worldwide the funds chief economist also spoke about the unpredictable nature of the pandemic making it difficult to judge where the worlds economy will head in the near future so there is tremendous uncertainty around the focused on the one hand you could get positive news you could have this news on the scenes and on treatments and great a policy support and that can trigger a fast as a company. But on the other hand there are
You instead tonight the group, led by her parents jaylen and ericaprayed and then sang happy birthday to jayda. Mourners also lit candles and set up princess balloons balloonsspeaking to the crowd her dad remembered her as always happy and smiling, protective over her little brother. She loved her brother, she wouldnt let him. Nobody at all. This is for your sisterin those three short years she was here, she made an impact on everybody right now, shes as happy as she can ever be, just running around, playing, so that just makes me happy. And i know that if she was here, she and she would sit there and wait until i wasnt crying no m. More. Jaydas mom asked everyone to do their best to be happy, just like jayda always was. According to ththe medical examiner this was an accident. Speed and alcohol were not factors. Still tonight jaydas grandparents asked people to be extra careful when driving near pa running to saturday afternoon live at 84th and marion kb cbs 58 the family of a man who
Mostly clear; patchfog. Low 69wednesday sunny and warmer. High 87thursday; scattered storms, especially at night. High 90friday scattered storms. High 87forecast. Today partly cloudy, mild. High 84tonight mostly clear; patchy fog. Low 69wednesday sunny and warmer. High 87 thursday; scattered storms, especially at ight. High 90 friday scattered storms. High 87forecast. Today partly cloudy, mild. High 84 tonight mostly clear; patchy fog. Low 69dn and warmer. High 87thursday; scattered storms, especially at night. High 90friday developing news this morning a man is dead after an apparent . Drowning . Reported at a pool at a wauwatosa apartment complex. Complex. The Milwaukee County called out to Serafino Square apartments near 100th and north avenue around 3 30 yesterday afternoon. Were told the man was 61 years old. His name has not been released yet. New details this morning in the death of a child. Jayda handys death has been ruled an accident. The 3 year old ran across the street to g
On the deck westbound 80 from the incline to midspan but again, caltrans said everything should be cleared by the magic hour of 5 00. So right now, no delay approaching the bay bridge toll plaza. Quiet between oakland and San Francisco. There were various lanes blocked 880 between oak and jackson, but they should be picking up those cones now. South bay drive times still in the clear. That is your latest kcbs traffic. Back to you guys. Thank you. Someone in the bay area is a lot richer right now. And its not us. No, its not. [ laughter ] cate caugiran is in milpitas at the gas station where the powerball winner bought the ticket. Reporter definitely not us. We are here at work this morning. But the winner they came to this chevron gas station against all odds. Lottery Officials Say the winner is the only powerball winner meaning that their ticket is the only winning to match all five numbers and the powerball. At 425 million, this jackpot is the fourth biggest powerball in u. S. Histor