Can go from survive these historic sent back until the job only what it takes to beat. Special coverage on aljazeera. As coronavirus by its millions of people worldwide lose their jobs long founds are leading to layoffs whats the social and political fallout how will the job market ever recover this is inside story. Hello welcome to the show im sam hes a dan hundreds of millions of people around the world have lost their jobs as a result of the pandemic but the uns labor agency is warning the Global Outlook could be much worse as current figures exclude workers in the socalled informal economy well that includes migrants and shift laborers in the developing world to freelance and Service Industry staff taking unprotected jobs in wealthier economies the International Labor Organization Says 1600000000 of them could suffer massive damage to their livelihoods this means half of the Global Workforce im not sure if jobs will reappear once the crisis is over i have not had any in kong since.
4 30, the suspect did come ingut pae. Point semiaomatic handgun a deputies in the parking lot. The deputies returned fire. We rushed and provide medical aid to that suspect and he was later pronounced deceased here at the scene. Reporter people who live nearby say they are shocked to hear what happened. I mean, once in a while i see the cops at the hotels over there, but never anything like this. Reporter Oakland Police would not provide us with any information about the murder. This suspect was wanted for, but Alameda County Sheriffs Department said that murder happened earlier this year, and the suspect killed tonight was one of two men possibly involved in that crime. Another suspect was arrested a couple of weaks ago. In Alameda County, katie nielsen, kpix 5. And we have some breaking news tonight. A chp investigation going on right now. A freeway shooting in that vado. This happened on southbound 101. At least one vehicle was hit by gunfire. Nobody was hurt. Freeway was briefly sh
The country without Serious Health consequence where does the confidence come from i mean, havent lets see, we adopted universal testing yet . I dont think so we dont have contact tracing. We dont have enough gloves and mask to keep everybody protected. Lucky me yet the markets have an incredibly strong month. Even with todays mild dip, dow slipping 32 points, s p edging 5. 2 , nasdaq climbed 1. 4 , they crushed fang put it out there are we whistling past the graveyard here not so fast. Theres a ton of confidence in the safety net, the one that covers Large Companies even it as it fails to protect a lot of Small Businesses and doesnt do nearly enough for individuals. Remember we dont trade hair salons here. Theres no ticker for diner, no barber shop, gyms, no. We trade Big Companies companies that have more access to funding than i have ever seen in my life courtesy of the Federal Reserve and the Treasury Department who know that the stakes are high. But you also got a lot of hope driv
Lebanon as a currency crash pushes the economy to the brink. President taking. Place in the philippines are accused of abusing human rights as they enforce strict coronavirus measures. Full of stories to come but were going to start with lebanon where violence has escalated during a 2nd night of protests in the Northern City of tripoli demonstrators set fire to a bank and hold rocks at Security Forces who responded with tear gas and rubber bullets the protests are bernie growing as the crisis hit economy crumbles further because of the corona Virus Outbreak monday one protester was killed during the riots has more for us from tripoli. Hunger and hopelessness are driving lebanese to the streets the economy is close to collapsing protesters vent their anger at banks for preventing people from accessing their savings and a long serving political elite is being blamed for mismanagement and corruption in recent days the local currency has sharply devalued against the dollar there were casua
Congress is negotiate its next round of Coronavirus Relief for the economy and weve seen a stunning move in oil crude was higher by 2 now down 9 as we await the final details out of the opec meeting. Energy sector now word on the s p. Yeah, been a real reversal there. Coming up on todays show, dan niles tweeting a warning about the rally. Hes going to join us with the risk he sees at these levels, plus, well speak with max levchin. Well ask what his micro loan customers are buying amid the shutdown and his read on the state of start ups right now lets focus on the big stories were watching today though. Steve liesman has detailes on te feds big moves and kayla is following the battle for more stimulus on capitol hill but steve, were going to go to you first to talk about the fed. Yeah, morgan, just quick moves the fed has announce nd the last hour. The its reduce uing the purchases of treasuries and mortgages. Treasuries down from 30 to 50 billion a day. Down to 15 from 25 apparently,