Impact its going to have on markets plus one of the major giants in the kobe 1000. 00 vaccine race has hit the brakes probably an unexpected event in trials we bring you up to speed on the slowdown and where the world stands in the sport for a cure and major markets for major major Global Regulators have come to an agreement on road rules for Digital Currency moving forward later on well have an indepth in tech and now with this with a packed show today so lets dive right in. And we lead the program with the International Monetary fund lightly more positive outlook for the Global Economy in the wake of the kobe 1000. 00 pandemic now according to the i. M. F. The Global Economy is now projected to shrink by 4. 4 percent this year and upward revision from junes us that of 4. 9 percent contraction now the organizations chief economist spoke about the factors which caused the upward revision during a briefing tuesday. As a result of. Eased lockdowns and Rapid Deployment of blood money in f
International Monetary Fund the slightly more positive outlook for the Global Economy in the wake of the kobe 1000. 00 pandemic now according to the i. M. F. The Global Economy is now projected to shrink by 4. 4 percent this year and upward revision from joins us from it of 4. 9 percent contraction organizations chief economist spoke about the factors which caused the upward revision during a briefing tuesday. As a result of eased lockdowns and Rapid Deployment of both monthly and fiscal policy support. The ones hes coming back from the depths of his collapse in the peak of this crisis which was the 1st half of the. Employment levels have partially rebounded after having plummeted to historically knows. That said this crisis is far from over. The ascent out of this calamitous Great Lockdown is like. To be long and even highly uncertain it is therefore essential a tricycle in Monetary Policy support and not treatment surely would draw on as best possible the i. M. F. Also altered its pr
Is live. Pump up the jam good friday morning welcome to squawk alley. Markets still in the green pinning hopes to stimulus talks. Were watching headlines best week so far this morning, jon, in two months for the dow yeah. And in tech this morning, carl, hey, weve called it out here on squawk alley before. Today amd eyeing xilynks amd is a 100 million market cap down 3 on a 30 billion deal. Investors are giving this blessing a few different trends here. A hot of Tech Companies have richly valued stock to play with there is pressure to answer and three u. S. Restrictions are hurt something chip makers like xilinks and theres no end to that in site good morning, guys pat, are you surprised not a the hoff overlap here. So in that sense, maybe this deal isnt at risk but, hey, not a lot of overlap here. So maybe this is risky the. Yeah. The so as you said before, amd needs to grow. When i look at valuation, im sure stacy will will weigh in on this, it had to do something organic growth isnt
A reminder for up to the minute developments this whedons they are twitter pages well worth a follow on ill be here with all the latest news and views gathered from across the globe in 30 hope youll join me venting. This is boom bust for the one business show you cant afford to miss branch of war in washington coming up the year of economic turn or the turmoil has seen a slight turn for the better at the International Monetary fund has revised its 2020 Global Outlook straight ahead were going to analyze the new report and what impact its going to have on markets plus one of the major giants in the kobe 1000. 00 vaccine race has hit the brakes probably an unexpected event in trials we bring you up to speed on the slowdown and where the world stands in the sport for fear and major markets are major major Global Regulators have come to an agreement on road rules for Digital Currency moving forward later on well have an indepth in tech analysis with a packed show today so lets dive right i
Been rather successful in fighting the virus but its not taking any chances new rules are kicking in this week in regions of concern the countrys most populous province and terrio is ordering the closure of gyms and movie theaters a ban on Indoor Dining in restaurants and bars and restrictions of 10 people indoors and 25 people outdoors at public gatherings parts of europe are following similar protocols the u. K. Is limiting the size of gatherings and is restricting social gatherings of any kind in high alert areas such as london and liverpool france has declared a Public Health state of emergency and germany and italy have introduced a number of new measures to reduce infection rates even sweden which has been praised by some for not having a lockdown is preparing to implement strict new rules as coronavirus cases rise in that country taking things to a level that most are trying to avoid wales is imposing a complete lockdown for 2 weeks. This fall you brick is the shortest we can ma