Are projecting a deeper downtown in 2020 and a c. E. O. Of a company in 2021 to growth to 2020 is projected at minus 4 point one percent which is 1 point one percent points below our april focused now this reflects the fact that in the 1st tough economic outcomes came in somewhat worse than we had anticipated and because there was no medical see you should we are expecting social distancing to persist for more for a long time into the 2nd half. And downgrading the growth forecasts 242021 the i. M. F. Expects a growth rate of 5. 4 percent instead of earlier estimates of 5. 8 percent the fund is predicting an 8 percent contraction in the United States in 2020 while the eurozone economy will decline by 10. 2 percent brazil will take a 9 point one percent hit with the economy of mexico shrinking by as much as 10. 5 percent just this year now the Organization Also pointed to a catastrophic toll on the labor market due to the pandemic saying their client in work hours for the 2nd quarter wil
Will be worse than initial estimates so compared to the april 1 of the Economic Outlook we are projecting a deeper downtown in 2020 and a c. E. O. At a company in 2021 to growth to 2020 is projected at minus 4 point one percent which is 1 point one percent points below our april focused now this reflects the fact that in the 1st tough economic outcomes came in somewhat worse than we had anticipated and because there is no medical suit you should we are expecting social distancing to persist for more for a long time into the 2nd half. And downgrading the growth forecasts for 2021 the i. M. F. Expects a growth rate of 5. 4 percent instead of earlier estimates of 5. 8 percent the fund is predicting an 8 percent contraction in the United States in 2020 while the eurozone economy will decline by 10. 2 percent brazil will take a 9 point one percent hit with the economy of mexico shrinking by as much as 10. 5 percent just this year now the Organization Also pointed to a catastrophic toll on t
Announcement that the Global Economic downturn due to the corona virus pandemic will be worse than initial estimates so compared to the april 1 of the Economic Outlook we are projecting a deeper downtown in 2020 and a c. E. O. At a company in 2021 to growth to 2020 is projected at minus 4 point one percent which is 1 point one percent points below our april focused now this reflects the fact that in the 1st half economic outcomes came in somewhat worse than we had anticipated and because there is no medical suit you should we are expecting social distancing to persist for more for a long time into the 2nd half. And downgrading the growth for crest for 2021 the i. M. F. Expects a growth rate of 5. 4 percent instead of earlier estimates of 5. 8 percent the fund is predicting an 8 percent contraction in the United States in 2020 while the eurozone economy will decline by 10. 2 percent brazil will take a 9 point one percent hit with the economy of mexico shrinking by as much as 10. 5 perce
Data from john hopkins showed the crown a virus or past half a 1000000 deaths over the weekend with more than 10100000 and factions worldwide while the overall death rate has flattened in recent weeks Health Experts are concerned of a possible resurgence as new cases are indeed spiking australia recorded its largest daily outbreaks in april 11th with 85 new Coronavirus Infections in 24 hours now the country is looking to place more restrictions including social distancing guidelines and the European Union opens its borders the European Commission declined to comment on the list of countries whose citizens will be allowed to enter the e. U. In the coming days. Were not going to speculate on what is going to be the final decision by the council we of course understand the huge interest that this issue raises. But for the moment do is a process of Decision Making process in the council. And we do not want to speculate on what the final result will be and amid a spike in coven 1000. 00 cas
Ongoing global chaos how far will optimism carry this ball run and is it sustainable we bring you that and more today so lets jump right in. And thousands of protesters continue to take the streets worldwide calling for reform to the Justice System after george floyd was killed in Police Custody in minneapolis minnesota couple weeks ago here in the United States demonstrators continued in nearly every major city including washington d. C. New york philadelphia chicago los angeles and San Francisco just to name a few meanwhile in germany 15000 protesters marched in leipzig on sunday and an estimated 25000 gathered in munich on saturday officials in australia said more than 20000 demonstrated in sydney with smaller protests taking place throughout the country in london the thousands gathered in Parliament Square and outside the u. S. Embassy to protest injustice and again this is just a small sample protests also erupted in paris rome toronto and other. Numerous other cities throughout t