The Syrian Government is blocking medical supplies to the countrys northeast. Welcome to the program the u. S. Economy is falling deep into one of its most severe recessions in recent times its seen a decade of growth wiped out in just 3 months shrinking by almost 5 percent and this concerns of the crisis caused by the coronavirus pandemic is any going to worsen she has returned has the story. The 4. 8 percent decline for g. D. P. Between january and march represents the largest decline since the 2008 recession Consumer Spending which accounts for 70 percent of g. D. P. Dropped by an annualized rate of 7. 6 percent the largest drop since 1080. 00 moreover this is just a preliminary estimate Analysts Expect the eventual number to be far higher than these numbers are for a quarter in which the economic locked down only accounted for a few weeks she. 2nd quarter g. D. P. Figures for april to june a projected to register a decline of around 30 to 40 percent with some Financial Institutions
Observing the fasting month of ramadan. So coronavirus developments for you from around the world starting in south korea which was one of the worst hit countries in asia but there is good news for the 1st time in 2 Months Health officials there have reported no new infections no new domestic infections since the outbreak in february it means the total sits at. Just over 10700 cases and 247 deaths according to Johns Hopkins university in britain though the number of deaths has jumped at more than 26000 now after the government started to include fatalities in places like care homes for the elderly what it means is that the u. K. Now has the 2nd highest number of fatalities in europe after italy but some positive news about a possible treatment coming out of the u. S. Officials say they are seeing progress in trials of the antiviral drug via the mortality rate is reported to have dropped from 11 and a half percent to 8 and americas top advisor on the pandemic Dr Anthony Fauci says the a
Lift its lockdown restrictions despite the high number of cases there. So there are some worrying signs coming out of europe where the economy has suffered its biggest quarterly hit on record it shrunk by 3. 8 percent so far this year the euro zones sharpest drop since records began in 1905 yet another indicator of the widespread economic devastation caused by the coronavirus lockdowns around the world i was off to germany of course europes strongest economy announced its g. D. P. Is likely to shrink by more than 6 percent this year dominic kane in berlin looking at this one. Looking for some for some good news or maybe a bit of a turn around but this is going to be in a bad way for a while. Yes used the audio problem slightly coming to my end kemal but yes a tale of economic woe is unfolding at a european level but also at the german level says you were saying that the German Economy is definitely going to shrink by perhaps more than 6 percent but thats for the year for the current co
Economic indicators are looking very poor right now and the figures relate to the 1st quarter of the year and of course the pandemic only really took hold in march so what about it begs the question what about whats happening right now what about whats going to happen in may and in june and if the rest of the year the u. K. Prime minister baraks johnson is leading his 1st weekly Cabinet Meeting since falling ill with coronavirus the government is under pressure after new figures pushed the number of deaths to more than 26000 or theres some positive signs in spain which has recorded its lowest daily increase in new cases since a state of emergency was declared 6 weeks ago the Health Ministry has also recorded 268 new deaths. And for the 1st time in 2 months theres been no new domestic cases recorded in south korea restrictions have eased down the british communities being allowed to hold events marking borders birthday Robert Wright is in seoul with more. Weve been seeing numbers of aro
Of work and a fly past and a promotion for a british war veteran as he turns 100. 00 captain moore who raised over 37000000. 00 for the National Health service. So the latest coronavirus developments from around the world now were starting with some good news from south korea which was one of the worst hit countries in asia for the 1st time in 2 Months Health officials have reported no new domestic infections thats the 1st time since the outbreak peaked in february meaning south koreas total now sits at a little over 10700. 00 cases and 247. 00 deaths according to Johns Hopkins university not such good news in britain though the number of deaths there is jumped to more than 26000 because the government is now starting to include fatalities from places like care homes for the elderly previously was just the hospitals so with that change the u. K. Now has the 2nd highest number of fatalities in europe after italy but some positive news about a possible treatment coming out of the u. S. O