Heading for another financial crisis and as workers lose their jobs at a faster pace in the Great Depression what can governments do to help and who is falling through the cracks. Counting the cost and how does it. Who will pay for the financial fallout of the coronavirus pandemic governments around the world pledged trillions of dollars try and keep their economies afloat will a massive bailout stop another Global Financial crisis this is inside story. Hello welcome to the program im bernard smith. Most economists agree the coronavirus pandemic has pushed the world into recession trade and business abruptly stopped when billions of people were told to stay at home governments are pledging huge stimulus packages to try and reduce the damage the European Union has agreed a 590000000000. 00 rescue package to prop up the worst hit economies such as spain and italy that includes Unemployment Benefits loans for Small Businesses and Health Care Services but leaders couldnt agree on how to sh
the value of the pound has dropped again today by nearly a percent against the dollar as investors digest the warning from the international monetary fund about the uk government s fiscal plans. the imf has openly criticised the plan for widespread tax cuts, warning the measures are likely to fuel the cost of living crisis and increase inequality. here s michelle fleury with more details in new york. one of the roles of the international monetary fund is to act as an early economic warning system, and it has just sounded the alarm over the uk s new tax and spending plans. in a statement, the fund warned, given elevated inflation pressures in many countries, including the uk, we do not recommend large and untargeted fiscal packages. even more pointedly, it suggested that the november 23rd budget presented an opportunity for the government to re evaluate tax measures, especially those that benefit high income earners. remember, as part of the uk treasury s policy to boost
We have a duty, a duty to Work Together to prevent instability from engulfing the region and claiming yet more lives. We must Work Together to lives. We must Work Together to prevent the tragic situation in gaza becoming a regional conflict, gaza becoming a regional conflict , because that gaza becoming a regional conflict, because that is exactly what hamas wants. Exactly what hamas wants. The trucks carrying aid have reached southern gaza. Its reached southern gaza. Its after the rafah crossing on the border with egypt was opened for the first time in two weeks. Israel imposed a blockade preventing the delivery of food , preventing the delivery of food, water and fuel. After the hamas terror attack. The group says todays delivery wont be enough todays delivery wont be enough to change the catastrophic medical conditions on the strip in cairo. The un secretary general, antonio guterres, told the peace summit palestinians need more help. Trucks on one side, empty stomachs on the other.
The Municipality of Machin and Dryden Native Friendship Centre collaborated to bring a coffeehouse fundraiser to Eagle River Recreation Centre on April 19.
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