Union Member States countries regions that have been particularly badly affected by the coronavirus pandemic now the idea is that this money would be bored of the International Markets now both. Kroll and Angela Merkel said that it was absolutely fundamental that the European Union come together it is time to show solidarity with some Member States that have really struggled over the past weeks and months and will continue to do so in the future because of course the coronavirus pandemic is far from over in many ways even though we have seen the numbers of infections and cases drop over the past few days in some European Countries well this initiative has been welcomed by the heads in the of the e. U. In brussels by the commissioner and the head of the e. U. Council who say its very much in line with their own thinking as they are formulating their own strategy it is also been welcomed on the International Financial markets because weve seen global stocks. Chinas president has defended
A warrior exam be forced into quarantine. Hong kong Police Watchdog upholds actions against protesters provoking anger from those who accuse offices of brutality. U. S. Present donald trump has declared a massive new coronavirus aid package being debated in the house of representatives will be dead on arrival when it reaches the senate the true 3 trillion dollar package being pushed by trumps rivals the democrats what it clips all previous Financial Rescue measures the democrats control the house Donald Trumps republicans have a Senate Majority more than 36000000 people are claiming Unemployment Benefits in the u. S. And figures just out show retail sales down by a record 16. 4 percent in april. In late march President Trump signed a 2 trillion dollars stimulus package into law the largest of its kind in u. S. History it included payments for most u. S. Taxpayers to help them cover expenses while out of work job the support was also expanded and there was more money for hospitals and f
As coronavirus by its millions of people worldwide lose their jobs sounds are leading to layoffs lots of social and political fallout will the job market ever recover this is inside story. Hello welcome to the show im sam is a than 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 migrant and shift laborers in the developing world to freelance and Service Industry stuff 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 are not sure if jobs will reappear once the crisis is over i have not had any in kong since. They all marched and im just like trying to survive we dont have an income when we were told that. Go home and stay honk we are
White house can trump survive these historic setbacks and does the job only have what it takes to beat. Special coverage out just. Enough. Oxygen to the coronavirus stop the world in its tracks the battle for the future of the Us Democratic party was in full swing back. To clear options would eventually emerge from a pack of candidates with very different visions for the future of the country id like to introduce to you. Was the senator from vermont drew crowds of thousands as he took on the democratic establishment and promoted policies to improve the lives of working people i. Care. To have. A lot more problems one night. At a critical moment the democratic establishment coalesce around former Vice President joe biden propelling a familiar face the front of the race. Thanks joe biden. Oh yeah. Im just back. Faultlines followed both candidates on the campaign trail in the 2 places that may have mattered most to michigan and South Carolina. Happens up here on not one that. Sanders has
Venezuela a country in crisis. Hyperinflation political instability said their debt and chronic food and medicine shortages. Once the wealthiest country in the region venezuela is mired and the worst economic crisis and its history. Almost exclusively dependent on oil revenues and this way in the fall into the severe economic recession of 2 oil prices dropped and 20. The economy contracted by over a 3rd between 28132017. Inflation increased by more than 1000000 a cent the cost of basic commodities like flour and milk skyrocketed some venezuelans turn to the trafficking of fuel to make a living. They found a good source of accomplices and buying is here in neighboring colombia. Fuel costs 1. 00 cent per liter in venezuela its resold for more than 30 times its original price in colombia a real opportunity for traffic is. The colombian village of one freo lies near the venezuelan colombian border here smuggling of the trade passed from generation to generation. Carlos and his cousin 20 ye