We are then told that right after the tour, hes to deliver remarks. We will take you back there as soon as the speech begins. It all comes as the market sinks slightly after the Labor Department reported that nearly 39 million americans are now out of work. 39 million total. The bears holding the edge over the bulls right now as businesses do slowly come back online. Lockdown orders come to an end here and there, but for now, the dow jones industrials, s p and nasdaq are colored red. Dow is down 84 points. We have the s p down 18. The nasdaq lower by 63. So how then do you square the reopening of the u. S. Economy with worrisome news that millions of americans are falling behind on credit cards, mortgages and auto loans . We have one of the biggest fish in the wall street pond. Jpmorgan Asset Management chief global strategist david kelly is here to reveal the data he uses to cast his net for market winners and how deep he thinks the covid19 recession might just be. Despite the continu
So obviously he said the crisis has devastated lives and livelihoods it has triggered an economic crisis with far reaching implications and revealed the inadequacies of the past meanwhile on tuesday taiwan said it was disappointed and angry with the w. H. O. For not inviting the country to join this years world health assembly. The ministry of Foreign Affairs expresses strong dissatisfaction that the World Health Organization secretary has yielded to pressure from the Chinese Government and continues to disregard the right of the 23000000 people of taiwan. Taiwan has been lobbying to join after it was able to contain the krona Virus Outbreak the country is now relying on its own efforts for production of a vaccine this comes as u. S. President donald trump tweeted out a letter he sent to the head of the World Health Organization highlighting some serious concerns over the response will he also threaten to permanently cut off its funding if the w. H. O. Does not commit to some major sub
This will be a long lasting global recession a contraction for the next 18 months managing director of the World Economic forum so obviously he said the crisis has devastated lives and livelihoods it has triggered an economic crisis with far reaching implications and revealed the inadequacies of the past meanwhile on tuesday taiwan said it was disappointed and angry with the w. H. O. For not inviting the country to join this years world health assembly. The ministry of Foreign Affairs expresses strong dissatisfaction that the World Health Organization secretary has yielded to pressure from the Chinese Government and continues to disregard the right of the 23000000 people of taiwan. Taiwan has been lobbying to join after it was able to contain the krona Virus Outbreak the country is now relying on its own efforts for production of a vaccine this comes as u. S. President donald trump tweeted out a letter he sent to the head of the World Health Organization highlighting some serious conce
Will have a lot more better strategy used to control it but certainly this is a more political and environmental and societal issue so it requires attacking animal to skill level charlie we 20 seconds for you please. Yeah i think we just need to. Get back to normal soon as possible from protesting. And a bit more common sense you know that Michael Moore is talking about social distancing and mark some flights and things like that common sense and wake the anti garble drugs which seem to be very effective what i hear frank. Well the key thing is Political Leadership not hiding behind big scientific words but basically deciding where you want to be a year or 2 from now and once you know what the goal of society is then you can decide how we can get there how we can develop the strategies and the medical solutions to provide us with a bridge to get from here to a Better Future emeritus professor of sociology diversity of kent professor frank freddy economic and financial come here Charlie
The World Economy faces a potential lengthy coronavirus recovery london based i. H. S. Market said it expects the Global Economy to shrink 5. 5 percent this year now thats triple the damage from the 2008 financial crisis and a new report by the World Economic forum surveying risk managers is now suggesting this will be a long lasting global recession a contraction for the next 18 months managing director of the World Economic forum so obviously he said the crisis has devastated lives and livelihoods it has triggered an economic crisis with far reaching implications and revealed the inadequacies of the past meanwhile on tuesday taiwan said it was disappointed and angry with the w. H. O. For not inviting the country to join this years world health assembly. The ministry of Foreign Affairs expression is strong dissatisfaction with the World Health Organization secretary has yielded to pressure from the Chinese Government and continues to disregard the right of the 23000000 people of taiwa