Thankorgie about you for joining us. Worryingld we start about the amount of debt we are generating and the impact it will have on the economy longerterm . First, thank you for having me. The worries about debt levels going up are not for now. For now, the biggest worry is we do not do enough to support the economy until we have a durable exit from the health crisis. With Interest Rates being record and government can borrow inject hopefully not only a recovery, but a more potent, higher productivity based growth so they can repay the debt they are acquiring now. Case for lowhe Income Countries already in distress. Importanty it is so we make sure they are provided with relief and they are supported with grants and concessional financing, a big theme for our annual meeting spirit for our annual meetings. Francine what is the biggest risk to your outlook . You say the recovery will be uneven, but you have increased your projection . Kristalina the situation today is less dire than it wa
6000. And begin that shoulder and inspired the world. And her daughter karina is here as well. Youre in for an excellent time tonight. Before we start, what is a huge thanks for everyone for making this company. In all of for being here to publisher and for all you showing up. Green light, our community is still here. All of us are severe. And we really appreciate that. Couple of housekeeping things. If you are plugging in now, you can see the speakers but you cant see or hear you. They can see your name so they can see you. You can share comments. If your hair with a girl scout gross, we totally want to know what trip youre with. If you want to ask a question, we will have a q a session later on the staff this evening. You can look at quicken the q a button. We are recording tonights event so look for audio or video versions in our website and social media channels. This might appear on cspan as well. It did to note that this book girl scout troop 6000 is available and green light sto
This hard to take some from somebody if you know have some replacing. We want to do this interview today and all these market move and then they take me. Off the area. So how can i tell you stop selling drugs if well hear something put the money in a box. They just mean life has almost been basically a color speech for the worse do you guys know what sickened me security positions over the last year let. Me again. You see people get all their cars and ill see you coming in the harness seems like theyll hurry up and run into the house like they dont want to they dont want to talk to her get your mail or anything like that. Thats what im going. To try every day. This is boom bust the one business show you cant afford to miss friendship or in washington coming up markets across the globe have been taking a beating this week as renewed fears of a 2nd provirus wave and dimming optimism are dampening hopes of a v. Shaped recovery plus we take a look at how gold is fairing amid these Turbulen
This is boom bust the one business show you cant afford to miss in washington coming up markets across the globe have been taking a beating this week as renewed fears of a 2nd provirus wave and dimming optimism are dampening hopes of a v. Shaped recovery plus we take a look at how gold is fairing amid these Turbulent Times in which nations have moved to boost their gold stockpile and the demand for oil has been recent months but what has been the impact on the industry we have a fact show today so lets dive right in. And we will leave this program taking a look at how Global Markets fared this week at the possibility of a 2nd wave of the corona Virus Outbreak in the u. S. Has affected Investor Sentiment there are a lot of red arrows out there so lets take you through the week starting in russia the mo x. Is in the red on its short week down 1. 75 percent the room. Fell from 14 week highs against the dollar on thursday retreating still losing more than 2 percent on the day as Oil Prices
Military presence in this area russia. What is it suddenly about the South China Sea that makes it so of added 11000000000 barrels of oil. 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 the 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. So what weve got to do is identify the threats that we have its crazy confrontation let it be an arms race is on offense very dramatic if i look at the only im going to resist i dont see it. That strategy will be successful very critical time to sit down and tom. I. This is boom bust the one business show you cant afford to miss and washington coming up markets across the globe have been taking a beating this week as renewed fears of a 2nd coronaviru