Start with a look at the latest figures on the covert 900 pandemic more than 2100000 cases and i would bridge that will wide 146000 lives have been lost the u. S. Has the highest death toll followed by italy and spain so far more than half a 1000000 people have recovered from the virus globally. Russias president has postponed the annual victory parade on red square which was due to occur on may 9th now this years event would have marked 75 years since the defeat of nazi germany and speaking late on thursday. The covert 900 pandemic has made preparations impossible. You know me were facing a tough choice the 9th of may is a special day for us but the life of every Single Person is priceless too to hold the parade on the 9th of may we need to start rehearsals now but the risks posed by the epidemic as well as its peak which we have imposed yet still high thats why i cannot stop the rehearsals for the parade and other public gatherings the president there went on to say that the parades
There are several factors that make mr different 1st of all the the goal economy was never designed to just shut down and be restarted and yet 1 were going to start saying all kinds of whole send in things from the start 1. Start up again our supply chains are going to be all messed up. But people go back to work a lot of people on earth have had time to think about what their job was and what they were doing and a lot of people are going to decide that they dont want to go back to that same job they want to do Something Different and so theyre going to this is going to be the biggest job transition of all industry. So overall when you when you when you factor in all of these things together i think the sense of being the most expensive crisis of all history. From from an economic standpoint i think it actually rivals route work too. Its just huge going to be hugely expensive as we start trying to put all the pieces back together again. When steady engine stops churning it get it start
Economic dialogue will lead to the delegation to washington from january 13th to get you know they will sign the phase one with the u. S. And china and us are in close communication over the arrangement of agreements signing. Now details on phase one have still not been released and china has yet to confirm any changes or the size of purchases of american soybeans and other exports note that while this was pumped up as a victory and a major progress in america beijing has been more measured in its public statements ahead of the signing china appears to be flexing back openly purchasing soybean cargoes in brazil and dashing hopes for big american sales this also highlights chinas discipline only purchasing americans applies when they are cheaper than elsewhere makes perfect sense why pay more when theres better deals to be sourced elsewhere this is the basic law of competition that the u. S. Is always telling but they dont seem to be too thrilled about competition when the shoe is on th
Confirm any changes or the size of purchases of american soybeans and other exports note that while this was pumped up as a victory and a major progress in america beijing has been more measured in the public statements ahead of the signing china appears to be flexing back openly purchasing soybean cargoes in brazil and dashing hopes for big american sales this also highlights chinas discipline only purchasing americans applies when they are cheaper than elsewhere makes perfect sense why pay more when theres better deals to be sourced elsewhere this is the basic law of competition that the u. S. Is always telling but they dont seem to be too thrilled about competition when the shoe is on the other foot brazil is forecasting a record soybean crop bring prices down and while china as part of this phase one trade deal has to buy up to 40000000000. 00 in u. S. Ag year this remains a moving target as china has not officially confirmed or committed to this quote up there is heavy doubts over
Delegation while monday through wednesday. Value at the invitation of the. Book a member of the Political Bureau of the communist party of china. Stronger of the state council and chief of the chinese side china u. S. Economic dialogue will lead to the delegation to washington from january 13th to you know what they will sign the phase one with the u. S. And china and us are in close communication of the arrangement which remains signing. Now details on phase one have still not been released and china has yet to confirm any changes or the size of purchases of american soybeans and other exports note that while this was pumped up as a victory and a major progress in america beijing has been more measured in the public statements ahead of the signing china appears to be flexing back openly purchasing soybean cargoes in brazil and dashing hopes for big american sales this also highlights chinas discipline only purchasing americans applies when they are cheaper than elsewhere makes perfect