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Right in. And we leave the program with the International Monetary funds announcement that the Global Economic downturn due to the corona virus pandemic will be worse than initial estimates. So compared to the april and Economic Outlook we are projecting a depot downtown in 2020 and a snow to company in 2021 to growth to 2020 is projected at minus 4 point one percent which is 1 point one percent is 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 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 for 2021 the i. M. F. Expects a growth rate of 5. 4 percent instead of earlier estimates of 5. 8 per ....
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 c ....
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 d on the labor market due to the pandemic saying there quine in work hours for the 2nd quarter will be the equivalent of losing 300000000 full time jobs worldwide the funds chief economist also spoke about the unpredictable nature of the pandemic making it difficult to judge where the worlds economy will head in the near future so there is tremendous uncertainty around the focused on the one hand you could get positive news you could have this news on the scenes and ....
Demanding justice for george florries. 2 and a half months after the coronavirus close to the mosque an occupied East Jerusalem reopens to worship. Also ahead just a phone call away the zimbabwean grandmothers helping people with lockdown anxiety and depression. And on some a 100 or so with this board including x. In the form germanys top Forward Division as by munich crash a fortune at 5 nil closer to where cord extending 30th when does he get title. Curfews are in place in more than 2 dozen u. S. States after protests entered a 4th night the demonstrations were mostly peaceful but at times they did become violent or than 1400. 00 people have been arrested for 17 cities now began in response to the death of an unarmed black man in Police Custody but now its real work. National outrage over racism sometimes at the hand ....