Financial leaders on the economic recovery from culinary to help developing nations recover from the pandemic follow and longterm impact of children not attending in person passing. This is one hour. I am ceo, i have the pleasure of being the moderator for today. This is precisely the focus of this Years World Bank annual meeting which will take place starting week of october 12 and convene Global Leaders from governments, business and civil society. To set the stage for the meeting will hear today from World Bank Group president David Malpass, and what it will take to tackle this crisis, and how we can turn this into an opportunity to build a path towards the resilient and includes a recovery. He will be joined in conversation with nils stieglitz, president of Frankfort School finance and management. But first well hear from doctor jens weidman, president of the Deutsche Bundesbank who join guest from his office in frankfort. He is been president of the German Central Bank since may 2
Anna edwards is in for jon ferro and lisa abramowicz. Ferro taking the entire month off. Lisa only taking half the month off. We are thrilled anna edwards could join us today as well. Remember when augusts were boring . August is no longer boring, is it . Anna i remember when all of europe went on holiday in august, but no longer. We got alltime highs on u. S. Stocks. Is that really out of kilter with the underlying u. S. Economy comes with the underlying global ok . Omic story, and is that tom the persistency across yields is amazing. Yields come up 4, 5, 6 days, and they roll over and come back down. We are not through to new lows in the last number of weeks on yield, but nevertheless, watching that very closely. We will get to that with an important guest any moment. David malpass with us later in the hour. I want to go to a story which we have been covering the last number of days. For me in america, it has gone radio silent. That is belarus. This is between poland and russia, with
Economic programs will be hosting around covid19 Economic Impact on women. Covid19 is a crisis like no other and it has had a catastrophic effect on womens economic wellbein. Of course as we all know, women were already at an economic disadvantage before this crisis. In every corner of the world women have been at a disadvantage in terms of education, career options, wage rates, Financial Inclusion and access to technology. The burden of unpaid work and family care also contribute to widening gender inequality. At the same time, women have been at the front line of fighting covid19. From essential workers to childcare. And now is of the impact on the service and retail industries, women are bearing the brunt of economic cost. We at the Atlantic Council are committed to understanding what is happening both here and within the United States and around the world and striving to chart a better way forward out of the crisis. Im excited about our Global Business and economic program, working
Brussels on the Pandemic Recovery plan leaders consider a new proposal will it be enough to break the deadlock. And to government protesters once again descend on the mali and capitol determined to remove the president from power. And the u. K. Suspends its extradition treaty with hong kong in response to chinas controversial new security law. Says the cricket to 20 world cup was postponed until next year because of. Picks were due to japan faces allegations that are abuse of course 50 sports have full details. Theres been a breakthrough in the urgent search for a Coronavirus Vaccine here in the u. K. A candidate treatment developed at unprecedented speed by a team at the university of oxford has shown promising early results Scientists Say its safe for humans and triggered the critical immune response which could stop the virus in its tracks all the findings are encouraging larger trials still need to be done well brennan begins our coverage from oxford. Phase one really couldnt have
This afternoon. Im jean elwood, Vice President of foundation and institutional getting at the Atlantic Council. Im so pleased to welcome you to the first of a series of events the Atlantic Council and our Global Business and Economic Programs will be hosting around covid19 Economic Impact on women area covid19 is a crisis like no other and it has had a catastrophic effect on womens economic wellbeing area of course as we all know, women were already at an economic disadvantage before this crisis. In every corner of the world women have been at a disadvantage in terms of education , career options, wage rates, Financial Inclusion and access to Technology Area the burden of unpaid work and family care also contribute to widening genderinequality. At the same time , women have been at the front line of fighting covid19. Essential workers to childcare. And now is of the impact on the service and retail industries, women are bearing the bruntof economic cost. We the Atlantic Council are com