After inside story by. Will record breaking cuts in production to stop the Oil Price Slump crude producers led by saudi arabia and russia agreed to the biggest of the reduction in oil. So who will be most affected this is inside story. Hello welcome to the program. Factories shut grounded cars and trucks off the roads in many cities under lockdown demand for oil has collapsed due to the coronavirus pandemic and Oil Prices Fell further when major producers saudi arabia and russia couldnt agree on cutting output now theyve set aside their dispute opec and the oil cartels allies agreed to a 10 percent Production Cut the biggest ever but the deal to switch off the top spy 10000000 barrels a day still needs approval from mexico. These circumstances require swift and timely measures all of our Oil Producing countries must pull efforts to change the situation related to the substantial over production of oil in the world the us it didnt take part in the opec discussions on thursday which are
How. This is counting the cost on aljazeera your weekly look at the world of business and economics this week. Health services in rich nations are struggling to cope with the coronavirus pandemic so what about poor nations will the world banks multibillion dollar fund be enough to help developing countries. Putting people before a debt crisis argentina gets money into the hands of families to fight the Economic Impacts of the pandemic. And from helicopter money to universal basic income could we see more governments picking up last paychecks to keep the economy and businesses alive. The world bank and the International Monetary fund the calling on creditor nations to provide debt relief to the worlds poorest nations amid the coronavirus pandemic rich nations have deployed unlimited funding to combat the pandemic and its Economic Cost the United States and Federal Reserve of so far pledge 6 trillion dollars but poorer nations dont have the financial firepower of the worlds richest natio
Contain the virus and well look at coping with it as well how to protect your Mental Health whilst practicing social and physical distancing while the number of cases is comparatively low across africa if that changes will Health Systems be able to cope. And in sports olympic boss thomas back admits for the 1st time different scenarios are now being considered for this years games usa swimming has formally asked for the Tokyo Olympics to be delayed by 12 months. The coronavirus pandemic has hit another grim milestone in the global terror death toll has now passed 11000 and in china where numbers have been dropping theyve actually seen a jump in imported cases up to 269 which is sparking fears of maybe a 2nd wave of in fact. Just as china starts to recover from the initial outbreak lets go around the world now the pandemic has governments imposing stricter unprecedented measures for example the u. S. Government closing its borders with mexico and canada for all nonessential travel is re
Coronavirus. Coping with the pandemic how to protect your Mental Health well practicing social distancing. The koran a virus pandemic has hit another grim milestone with the global death toll now passing 11000 in china where the numbers have been dropping they have seen a jump in imported cases to 269 but sparking fears of a 2nd wave of infections just as the country recovers from the initial outbreak the pandemic has governments worldwide imposing stricter unprecedented measures the u. S. Government has now closed its borders with mexico and canada for all nonessential travel italy recorded 627 deaths on friday the biggest day to day increase italy and spain are also. Were going to stem new infections despite drastic lock downs now the u. K. Has joined the ordering the closure of cafes pubs and gyms in Asia Thailand reported more than 809. 00 new cases the biggest daily jump in the number of infections so far taking its total to 411 singapore has recorded its 1st 2 deaths from the vir
Crowded 90. Also jobs lost super markets shot flights grounded economies are being badly hit by the pandemic so what can nations do to bounce back and discovered 19 cases rise across africa this concern the continents already Fragile Health Systems may collapse. And in other news bringing them back from near extinction efforts to save the african rhino appears to be working. And sport olympic boss thomas bock admits for the 1st time different scenarios are being considered for this years usa swimming as far away as for the tokyo legs to be delayed by months. Hello everyone they coronavirus pandemic it has hit another grim milestone the global death toll has now passed 11000 so the battle has governments worldwide imposing stricter on president. Measures to stop the spread of the disease lets take you around the world now starting with germany which has Just Announced 15 new deaths and an increase in cases overnight by almost 3000. 00 means were looking at a total of over 16000. 00 case