Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on this story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. This is the one business show you cant afford to miss friendship or in washington coming up the e. C. B. Is forecasting a major hit to the eurozone economy due to the cope at night outbreak and this comes as the European Union is i. A major stimulus package to save the regions economy and if the coronavirus continues to pound brazil as the latin american giant is now the new epicenter of the virus we breakdown the told the disease is taking there and around the globe and later. A new era of private Space Development lies over the rise and what the future holds for the growing sector we
A packed show today so lets dive in. And the eurozone economy is doing worse than initially expected facing a recession as bad as the European Central banks worst Case Scenario according to e. C. B. President Christine Legarde now economic output in the block is set to contract between 8 and 12 percent this year old guard pointed out a previous estimates of the milder downturn are now out of date the e. C. B. Will release official projections for Economic Growth and inflation in the block and next week meanwhile the European Union on wednesday proposed a 750000000000 euro recovery package to help Member States deal with the recession brought forward by the ongoing coronavirus pandemic president of the European Commission spoke about the situation. The aim must be to invest together and our common good we will be bold by raising president amounts of funding at european level we will be focused channeling. The funding to the new priorities that will shape the future. And to achieve this
Borders and beaches are reopening across europe as countries look to stem the economic damage from the crown of virus destructions the pandemic has ravaged economies particularly the tourism and Hospitality Industries and italy the government announced it will allow travel to and from the country starting next month since march the country has been under one of the strictest lockdowns and its hit the tourism reliant economy hard praga good to has our report. Deserted holds rooms steeped in history without. This new one. The gilded wall of italys finest nazi hotels instead the song ends on the once bustling terrace and the symbol of a pub that swept through leaving thousands. Devastating its economy is that this hole would have been crowded noisy with people chatting at the bar visitors passing by and appreciating the beauty of these halls now its empty lonely it is the 1st time in almost 80 years of the history of this hotel which was built in the thirtys is empty and closed but there
A ghost the sun and on their once bustling terraces the symbol of a pandemic that swept through italy leaving files instead devastating its economy is that this hole would have been crowded noisy with people chatting at the bar visitors passing by and appreciating the beauty of these halls now its empty lonely it is the 1st time in almost 80 years of the history of this hotel which was built in the thirtys is empty and closed. But there are signs of hope the government is allowing people into and out of italy from early next month free travel within the country will also receive a number youre going to get we look forward to the reopening of borders and then there might be the possibility for travel forecast the not positive but we are very optimistic. A low italys coastlines hotel owners are preparing for a different kind of summer but on the other were ready to host tourists who come to the veneto coast in these last weeks we work to adapt our beaches our hotels and our campsites to
Our top story the police in france have arrested a rwandan businessman whos accused of funding the 1994 genocide hes felicien couple got years rwandas most wanted man and hes been on the run for 25 years the french Authorities Say the 84 year old has been living under a false identity near paris during the genocide 8 100000 people were killed and up to a 1000000 were displaced live to malcolm webb our correspondent in the kenyan capital nairobi malcolm who was he. Well in the early ninetys ninetys in rwanda hes someone who is close to the ruling party and thats the ruling party that eventually. Instigated the rwanda genocide many of its officials were later tried and found guilty of genocide and crimes that was a month in ninetys fought to boom self played a key role in the funding and running of a Radio Station. Which in the tribunals that followed the rwanda genocide where many of the suspects were tried this is douglas that maybe you know played a key role in in the balkans straight