Thank you very much, bob. About the checks coming to your cover your face, that is the wallet even if youre not a advice from Health Care Workers whether youre going to the Business Owner. The checks will start rolling doctors office, maybe even just out in two weeks. Going for a walk or heading out the first check hitting around for some essential supplies. Cover it all up. April 13th. That is if you have direct deposit. If the government has your direct deposit info on file you will start getting those checks. Kriz sanch kris sanchez has more on this. If not, it could take several dont go hunting for the medical months. Grade masks. Reporter any simple scarf will do. However, theres supposed to i found this one in my have a place where you can daughters room, wrap it around a couple times. The idea is not to filter out update your information so look the virus. Do that out for that. As for the money for Small Businesses its 350 billion without medical grade equipment but the idea is
And the problems with distribution in the Monetary System because as you know one of the Solutions Offered for the covert 19 pandemic is that were going to print chileans and trillions and trillions of dollars even more chilly and so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world Citibank Bank of america all that stuff but the problem is especially in the situation its not those big banks that are having a liquidity crisis as it was back then our credit crisis our credit crunch its these small and Medium Sized Enterprises that operate all the
And current. Aljazeera. 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 w
System and the problems with distribution and the Monetary System because as you know one of the Solutions Offered for the covert 19 pandemic is that were going to print chileans and trillions and trillions of dollars even more chilly and so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world Citibank Bank of america all that stuff but the problem is especially in the situation its not those big banks that are having a liquidity crisis as it was back then or credit crisis or credit crunch its these small and Medium Sized Enterprises that operate al
President trump says social distancing will hold until at least april 30. Lives in claims italy and spain over the weekend. Warnings against loosening lockdowns. To Matt Bloomberg daybreak europe. Best week since 1938, 8 dead cat bounce or the start of something bigger . A great piece looking forward thats as while it is difficult to call, there are two potential mistakes. A premature exposure to risk assets or being overly cautious. At the moment, he would err on the side of being overly cautious. Is whether youte have seen the beginning of the next wave of lockdown come close down extension of the distancing in the u. S. , the talk of potentially 200,000 deaths. Advises institutions to dip their towing to the equity market. Time to buyg it is credit. Jpmorgans note saying the wildcard is the infection rate, but they are confident the stability is coming into these markets and you may want some of the risk assets like equities and bonds, so the calls are mounting. It did poorly depend