Saudi arabias all revenues 24 percent in 3 months as the pandemic drains demand protect the Children Charities sound the alarm about child abuse during long downs. The Economic Impact of the coronavirus pandemic continues to reveal itself in the last few hours the Worlds Largest economy the us reported a 1st quarter g. D. P. Loss of nearly 5 percent thats the worst result since the 2008 financial crisis airplane make a boeing suffered a 640000000. 00 loss in the 1st quarter. Also reported a loss of half a 1000000000. 00 lets cross over now to our White House Correspondent Kimberly Halkett so pretty grim figures for the 1st quarter and apparently theyre expected to get worse Going Forward right. Thats right because this really takes into account the reflection of when the stay at home order started in march but not so much for january and february so there is an expectation that the next quarter is going to be nothing short of horrific in terms of those numbers projected to be almost Gr
And farewell to an icon of both bollywood and hollywoods a fun car and dies at the age of 53. 00. Its still early days in the pandemic caused worldwide recession but we now have a better sense of how hard key sectors of the economy being impacted the Worlds Largest economy the United States is wiped out a decade of growth shrinking by 4. 8 percent in the 1st quarter according to figures released a short time ago one of its largest manufacturers boeing has reported losses of at least 600000000. 00 while european rival airbus says that it lost more than half a 1000000000. 00 in the 1st quarter of 2. Europes largest economy will have the worst year since the end of the 2nd world war germany contracted by 2 percent in the 1st quarter but is forecasting a 10 percent drop in quarter to compare those figures with what we heard from china 2 weeks ago a near 70 percent decline and historic drop in performance compared to the same period last year out of there as john hendren has been following
Coronavirus death toll passes 26000. 00 as the government includes karen fatalities for the 1st time. 100000 arrested for breaking the Philippine Government lockdown what police are being accused of serious violations and an icon of indian cinema the film world pays tribute to if im caught who has died of cancer. The brutal impact coronavirus lockdowns are having on the Global Economy is becoming clearer with the release of new Financial Data and the numbers only reflect up to the end of march just as most restrictions were actually being put in place the Worlds Largest economy the United States which has now recorded more than 60000 deaths has shrunk 4. 8 percent since the start of the year thats its largest drop since 2008 new numbers from europes economic powerhouse germany show its g. D. P. Is expected to contract by more than 6 percent this year plunging the country into its deepest recession in half a century and the economy. Out of Africa Nigeria has just been granted a 34000000
Republicans hes cautioned against beach meant and of course at the heart of all this youre recall is the democrats that the case for the democrats is the allegation that president try to leverage a white house meeting and military aid which was sought by ukraine to pressure the ukrainian president vladimir selenski to nongenetic ations a former Vice President joe biden any son hunter by the so happening right now in the House Judiciary Committee 45 minute question period for the republicans and the republicans so far interesting only focusing on their witness Jonathan Turley professor of law Washington University lets continue to listen you have to understand the most the senators when when it was said. They jumped into their political graves it was true most of their political careers ended they knew they would and because of the animosity of the period triangle said the following once this set the example of an peaching a president for what when the excitement of the hour shall have
Bank warns anticorruption protests could cause the economy to collapse the demonstrators say the bank is part of the problem. Im chris cuomo welcome to the program went 1st coming and fears are growing in europe that it could be a cold one russia and ukraine have failed to agree on a new long term natural gas transit contract thats raising fears of possible cuts in europe as russian gas bound for that you transits through ukraine theres agreements over gas payments have long marred the countrys bilateral relations with russia and a controversial pipeline project isnt exactly helping to pacify the baked this is the end of a very long pipeline 200000 steel tubes running 1230 kilometers under the baltic sea the energy megaproject nord stream to is almost complete. Russia says the old pipelines that brought its gas to western europe have reached their capacity in. Limit north stream 2 adds to more lines but it also makes russia far less dependent on the pipelines that cross ukrainian terri