The scoreboard is simple as it seeks. To understand the why. We need to take a closer to. The experience not. True today. The worst economic hit since the Global Financial crisis figures show us g. D. P. Fell by almost 5 percent in the 1st quarter the downturn is just getting started. Meanwhile the German Economy is heading to a record breaking recession. The u. S. Economy has seen its biggest quarterly dip since the Global Financial crisis 12 years ago g. D. P. Shrank by 4. 8 percent during the 1st 3 months of the year as the coronavirus pandemic took a heavy toll the u. S. Economy all but shut down during the last 2 weeks of march since then more than 4000000 americans have applied for Unemployment Benefits the drop in g. D. P. And the United States longest ever period of economic expansion. And on that lets bring in our financial correspondent yen score whos in new york yet means a looks bad but it could be worst on the way couldnt that. Clearly things will get worse before it turns
Reach out to help the countrys most vulnerable residents as part of the nationwide efforts to contain the spread of the robotics. Im calling aspen thanks for joining us as more and more countries impose lockdowns over the coronavirus india faces a larger challenge than most its 1300000000 people have been ordered to stay home since last week but for the informal workers who form the backbone of the economy this means losing their income overnight leaving many without enough money for food and those hardest hit by the lock down may now also be most at risk of catching the virus. Social distancing is a privilege that these people cannot afford all across india day laborers rushed to transportation hubs carrying whatever they could. The nation wide lockdown has put millions out of work and started a mass exodus from the cities for these people who are leaving new delhi for their home towns the fear of starving is currently greater than the fear of infection with the coronavirus. If we had
And hungarys Prime Minister wants an open ended extensions whom urgency measures in the battle against the pandemic but critics are calling it the power grab. Im called aspen thanks for joining us as more and more countries imposed lockdowns over the coronavirus india faces a larger challenge than most its 1300000000 people have been ordered to stay at home since last week but for the informal workers who form the backbone of the economy this means losing their income practically overnight leaving many without enough money for food and those hardest hit by the lockdown right now also be most at risk of catching the virus. Social distancing is a privilege that these people cannot afford all across india daily bruce rushed to transportation hubs carrying whatever they could. To nationwide lockdown has put millions out of work and started a mass exodus from the citys. For these people who are leaving new delhi for their hometowns the fear of starving this currently greater than the fear o
The state and pots of zimbabwe im how do with my money tell you why many families are still struggling. Welcome to the program weeks of deadly and to government protests could finally force a Major Political change in iraq the Prime Minister. Has announced intends to resign. He who took charge last year says hell submit his resignation to parliament momma jumped june was on the scene as the news emerged and has this report from baghdad. The celebrations were instantaneous as soon as it up the Prime Minister i did the announced his intention to resign antigovernment demonstrators but that leader square practically threw a party. The Stunning Development came a day after more than 50 people were killed by Security Forces. In one of the bloodiest days of violence since the antigovernment protests erupted in early october it was just over a year ago that he was appointed Prime Minister as a consensus candidate between political blogs. Throughout the streets on friday cheering singing even
S p 500 and nasdaq also ending in positive territory both up 1 and foxbusiness team covered this hour, Edward Lawrence on the ground it easy, jackie on the floor of the new york stock exchange. Blake burman lighted lighthouse and edward, first do you. Reporter you saw the reaction to the job support. When i got the hands of my jaw dropped. This is less time the economy crated more than 266,000 jobs in a month with last january but white house says the strong job support with the claimant rate to be back to a 50 year low proves the regulation and tax cuts work. President donald trump not shy about taking credit. President trump the numbers have been phenomenal and some people say im so spot on and so good that they have never seen anything like it. Its a long way from when people were rooting for a recession because they thought they could maybe win an election. Reporter if you look deeper into the numbers the trends are moving in the right action because of the jobs created in november