A road map for recovery from the coronavirus trump says the state governor should set the pace and phased approach to getting things back to normal tell us leaders in. The coup. And the d w exclusive indian author are inducted drawing accuses Prime Minister director modi of using the growing the virus crisis to spread hatred of muslims. Im sorry kelly welcome to the Program China is reeling as the full impact of the coronavirus lockdowns becomes clear 1st the economy was taking a hit with figures for the 1st 3 months of this year showing the 1st drop in output in almost 30 years now the 2nd blow is new figures revealing that the death toll in the city of well han where the virus was 1st detected is half as much more than previously reported our report starts with the slump in the economy. The lockdown may be lifting but the virus has left its mark for the 1st time in decades chinas economy has plummeted people can return to work but with virtually no demand many businesses remain close
A packed show today so lets go and dive right in. And we lead the program with us President Donald Trump laying out a roadmap to reopening the economy. Our approach outlines 3 phases in restoring our Economic Life we are not opening all at once but one careful step at a time and some states will be able to open up sooner than others some states. Are not in the kind of trouble that others are in healthy americans will now be able to return to work is conditions on the ground. Instead of a blanket shutdown we will pursue and focus on sheltering the high is. Risk individuals so important were stablish ing Clear Scientific metric and benchmarks on testing new case growth and Hospital Capacity that must be met before advancing to each phase. For his briefing thursday the us president said it will be up to individual states to tailor the approach to meet their unique set of circumstances he although he was also quick to point out contingencies will be in place if the virus were to return. If
A deep dive on the president s forecast and what lies in store for the Global Economy plus as the week draws to a close we take a swing around the globe to break down the performance of International Markets and later a few sectors have been a few sectors have been spared and the Auto Industry is no exception we bring in expert analysis to break down how the industry has landed on the brakes with a packed show today so lets go and dive right in. And we leave the program with u. S. President donald trump laying out a roadmap to reopening the economy. Our approach outlines 3 phases in restoring Economic Life we are not opening all at once but one careful step at a time and some states will be able to open up sooner than others some states. Are not in the kind of trouble that others are in healthy americans will now be able to return to work as conditions on the ground. Instead of a blanket shutdown we will pursue a focus on sheltering the highest risk individuals so important where stabl
And lake malawi is one of the great lakes in africa but overfishing and Climate Change threaten this vital food source. I want to get jones what have to do nothing of business. Still currency financial leaders around the world have sounded the alarm so what is it all of ballards now like a bit coin libra would enable computer payments via blocked change acknowledging it to make libra less volatile than Bitcoin Facebook plans to back it with a basket of real world currency is like the u. S. Dollar the euro and the japanese yen what also sets libor apart from bitcoin and the likes is that it would be backed by Big Companies including visa master card and pay pal Facebook Says that more than a dozen partners will help built fund and govern the libra system the baseball copes to raise as much as 1000000000. 00 us dollars from existing and future partners to support the effort and libra is set to launch in 2020 but 1st facebook has to convince regulators on both sides of the atlantic and im
we are going to focus on the top business stories. we start with a developing story we brought you this time yesterday because the european car industry is calling for a delay to tougher post brexit trade rules due to come in from january saying the supply chain is not ready. europe s car makers source many of the batteries for electric cars from asia which would see them fall foul of rules of origin regulations that specify how much of a car must be eu produced. it comes amid growing concern about the future of car manufacturing here in the uk where there is currently only one factory making batteries. stellantis owner of vauxhall as well as brands including fiat, citroen and peugeot has warned it may have to close uk factories if the government does not renegotiate the brexit deal. our economics editor faisal islam has more. earlier this week, a strong message from one of the world s biggest car makers to renegotiate details of the brexit deal, as their elec