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This call if they are interested is a very good book called firefighting summary of the crisis and one called First Responders which is gets in deeply to the individual program. I recommend everyone have a look at it. Over the next couple weeks. Been among other things is a distinguished economic historian, wellsuited to put this horrible event we are experiencing now in context for us. To give us a sense today of what will determine how deep this recession will be, perhaps how long it will last, how effective the fiscal and Monetary Policy response has been and perhaps whats likely to come and whether the covid19 recession will leave longlasting scars on the u. S. And the global economy. I will turn this over to ben for his remarks after which david wessel will pose questions and i think after that there will be instructions on how the audience members can ask their own q ....
Present this event virtually. And then to sustain ideas. And then thank you for appearing tonight to help make that happen. This is not have close captioning but watch the stream on youtube and the video will be available for re watching after the podcast. And with those content we encourage you with those seattle arts and lectures and then to be put under significant strain due to event cancellations we hope youll consider extending your generosity to help support us during this difficult time by clicking the donate button or you can always become a member. Booksellers that have also been hit that can use your support as well if youre interested in supporting local independent bookstores by purchasing a copy of tonights book, we are partnering with thirdplace books you can purchase them through the bottom one the button at the bottom of the page. And those that submitted to ask the question field. And you can also vote we cant guarantee we will get through all the questions. Please ke ....
I recommend every one have a look at it over the next couple of weeks. Among other things, a distinguished economic historian who put this horrible event that we are experiencing right now to give us a sense today about what will determine how deep this recession will be, perhaps how long it will last and perhaps what is likely to come and whether the covid19 recession will leave longlasting scars in the global economy. I will turn this right over for penns remarks after which david will pose some questions and then there will be instructions on how the audience members can ask their own questions. Over to you and thank you for doing this. Thank you everyone for joining us this afternoon. In january and february we had a Strong Economy that has happened is the world has been hit by the covid19 virus and exalted is doing great damage but from the economic perspective, the fact that on the essential businesses are being shut down it ....
Credit suisse posts 75 increase Standard Charter ceo tell cnbc the pandemic could still negatively impact the sector despite the early resilience the shock we are experiencing in the first place is as severe. As this pandemic unfolds and we wont know exactly or generally how this will progress, we have to suspect that impact is very, very material. The pope extends a prayer for european unity but divisions are expected to still dominate eu leaders go on line in a Video Conference meant to talk about further assistance to fight the pandemic a crude comeback buyers rush back sending u. S. Oil prices up almost 40 in overnight trade. Surprising tensions between u. S. And iran also supporting the price. Welcome to street signs. Lets kick off the hour with fresh eurozone pmi numbers we have heard of the french and german numbers now for the eurozone as a whole. The april compos ....
On the sculpt theyre interested theres a good book called firefighting which is a summary of the crisis in First Responders which digs deeply into these programs. I recommend everyone have a look at it over the next couple of weeks. Been among other things has been distinguished economic historian being wellsuited to put this horrible event we are experiencing now in context as well it gives a sense today about what will determine how deep this recession will be perhaps how long it will last, how effective the fiscal and monetary response has been, and perhaps will likely come and whether or not the covid19 recession will leave longlasting scars on the u. S. In the Global Economy so turn this over to ben for his remarks after which david wessel will pose some questions and after that therell be some instructions on how the audience members can ask their own questions. So be ....