We begin in the United States where millions more people have filed for Unemployment Benefits he keeps april track to be the worst month for job losses since records began more than 33000000. 00 people have filed for unemployment now in just the last 7 weeks economists say growth could plummets by a 3rd in the 2nd quarter in the u. K. The picture is also bleak the bank of england expects economic output to shrink by 14 percent this year and unemployment to rise to 8 percent the European Union had earlier warned to brace for the worst ever recession with the economy tipped to slump by 7. 4 percent but figures from china suggesting a different picture their exports rose in april for the 1st time this year up 3 and a half percent after many factories reopened. Well lets go now to our White House Correspondent kimberly how could 1st lets talk about those unemployment figures just put them into context for us committee. That will were waiting to see what the u. S. President might also have
And a gas leak at a chemical factory in india leaves at least 11 dead and hundreds in the last little. Under the devastating Financial Impact of the corona virus pandemic continues to unfold as governments across the world struggle to restart their halted economies a staggering 3200000 more people have filed for unemployment in the us that means 33 and a half 1000000 or one in 5 workers have lost their jobs since mid march when the corona Virus Outbreak forced many businesses to close their doors here in the u. K. The bank of england warns that the economy could shrink 14 percent by the end of 2020 the worst slump in more than 300 years but it says the economy could bounce back by 2021 if the pandemic is brought under control its a slightly better picture in china though exports unexpectedly rose by 3 and a half percent in april partly driven by sales of medical equipment but analysts warn a 14. 2 percent fall in imports signals more trouble ahead of the Global Economy sinks into reces
More likely to die from coronavirus than white people. Toxic gas leaks again from a factory in india where earlier leaks killed at least 11 and left hundreds in hospital. And the war on drugs has failed a global team of experts says hardline policies are actually fueling organized crime around the world. The devastating Financial Impact of the corona virus pandemic continues to unfold as governments across the world struggle to restart the whole to the economies in the u. S. Where more than 75000 people have died of the virus a staggering 3200000 more people filed for unemployment that means 33500000 or one in 5 workers have lost their jobs since mid march when the corona Virus Outbreak forced many businesses to close their doors. Here in the u. K. The bank of england warns the economy could shrink by 14 percent by the end of 2020 the worst slump in move 300 years is this is the economy could bounce back by 2021 if the pandemic is brought under control its a slightly better picture in
Again from a factory in india where an earlier leak killed at least 11 years and left hundreds in hospital. The devastating Financial Impact of a coronavirus pandemic continues to unfold as governments across the world struggle to restart the halted economies in the u. S. Where more than 75000 people have died of the virus a staggering 3200000 more people have filed for unemployment that means 33500000 or one in 5 workers have lost their jobs since mid march when the corona Virus Outbreak forced many businesses to close their doors here in the u. K. The bank of england warns the economy could shrink 14 percent by the end of 2020 the worst slump in more than 300 years but it says the economy could bounce back by 2021 if the pandemic is brought under control its a slightly better picture in china though exports unexpectedly rose 3 and a half percent in april partly driven by sales of medical equipment but analysts warn a 14. 2 percent fall in imports signals more trouble ahead as the Glo
General flynn i can tell you that right now the new charges are set to be dropped against Donald Trumps former advisor Michael Flynn who admitted lying to the f. B. I. About his russia contacts and more toxic gas is emitted from a Chemical Plant in india where an early age killed 11 and put hundreds in hospital. So as we look back on april looks like it will be the worst month for u. S. Job losses ever as the coronavirus continues to take a terrible toll on the worlds economies around another 3000000. 00 people filed for Unemployment Benefits in america last week it means a staggering 33 and a half 1000000 have made claims for support since late march when the shutdowns began elsewhere the u. K. The bank of england expects economic output to shrink 14 percent this year. Unemployment would be up to 8 percent the European Union early awarded is bracing for a similar slump 7. 4 percent there interesting that china is reporting a different picture it says export rose in april for the 1st t