You with us. But what Economic Forum has just published its annual report on regional risks for doing business and not surprisingly the coronavirus pandemic has left its mark based on a survey of over 12000 Business Leaders from 127 countries the report has unemployment topped the list just like previous reports have done like the one from the International Labor organization massive job losses due to the pandemic are expected to negatively impact businesses for the next 10 years fiscal issues until recently the main risk factors dropped into 3rd position followed by Cyber Attacks and social instability the report is part of the Global Risk Initiative which aims to find Sustainable Solutions for Global Environmental challenges and that also includes the impact of a pandemic that earlier i spoke to the managing director of the world Economic Forum assadi as a haiti in geneva and i asked her whether the result of this report comes as a surprise. You know its not really a surprise in the
A tale harrowing stories of arbitrary arrests torture and killings by the Syrian Secret Police 2 officials believed to be part of president assads regime are currently on trial in germany these are some of the victims families in front of a court in corbins a visual to remember those who were disappeared or killed in syria its the 1st time suspected perpetrators are standing trial to face charges of crimes against humanity the principle of going to wrestle jurisdiction allows prosecution to take place in germany even though the crimes against humanity were committed in syria. And is one of those who are closely following the Court Proceedings she is one of the countless syrians will families have fallen victim to the civil war thats why she left her home country and fled to germany and now she has hope for long awaited justice. Mahmud in her apartment in the german capital berlin the opponent of the regime in syria lives here on her own in exile this is she this is my husband. Says 201
Thanks ily. Ily. Business women in africa face plenty of challenges album and to make is adding to the look of the difficulties and opportunities facing the continents Women Entrepreneurs. Also want to show indonesian workers hit the streets they say new legislation favors investors at the expense of labor rights and the environment. And new york is struggling to get back on its feet after a difficult lockdown of the spring a workers there are determined to keep the city running. The show im Stephen Beardsley in berlin its good to have you with us the pandemic is a challenge for women around the world theyve been more likely to face layoffs or stop working to take care of children or the elderly thats also true in kenya where business run by women for women is struggling to get through the pandemic. Once upon a time because the worry was synonymous with hope the Jewelry Company was set up in 1975 the idea to give vulnerable fingal mothers a job and free medical care it was a successful
Much needed rest. Guy johnson helping out, and we are thrilled by that. Guy, it is so exceptional to see a leader ill and certainly within this crisis. Give us the mood among the government, among dominic raab and others, the emotion right now around 10 downing street. Guy clearly everybody is hoping that the Prime Minister gets well and soon. This could not come at a worse time for britain as the country continues to fight the outbreak of the virus. I drove past this morning, and it is very busy down there as the world waits for news over what is happening to the prime unitter, moved to the icu in st. Thomas to make sure he was close to a ventilator. Clearly his situation has deteriorated recently, significantly. We understand he is still conscious, news remains limited. We now have a government that is led by dominic raab. He is the secretary of state and the foreign secretary. The u. K. Has government by cabinet. He will need to maintain a consensus within that cabinet. I suspect th
Here as well. Also want to point out some breaking news. Macys says their cfo paula price is going to leave the company. They are looking at an external search currently. Premarket withn the overall market. Exxon mobil also coming out, finally the last of the big majors to cut their capex. They see overall Capital Investments for this year about 23 billion. They saw up to 33 billion. They are also cutting operating expenses by about 15 . They are maintaining their longterm outlook. They say Capital Allocation priorities remain unchanged. The longest chunk of all these cuts are going to be spending in the permian basin. That is interesting. We heard something very similar with chevron, a little easier to shale. Ex within they are dealing with the fallout of the crisis. Watching those stocks as we head into the open. U. S. , as wellthe as the markets, but the collapse of the Small Business optimism i was just talking about. Gauge falling by 8. 18 points in march. Michael mckee joins us w