Good for some users but it also means job losses as rigs shut down production. As government spent trillions on keeping a condemnation from collapsing it is time to consider the other crisis Climate Change and starting to issue green bonds. Which should take 10 to 15 years the Global Scientific Community hopes to cram in 2 months World Health Organization says there are 70 vaccines in the works for covert 193 of the most promising rall ready in testing the billions being spent now could help return the economy back to normality for now though these on and off lock downs and flare ups could be the norm and there is no guarantee that any will work the Bell Melinda Gates Foundation will fund the manufacture of 7 potential vaccines despite the fact billions of dollars could be wasted maybe one or 2 will actually be successful but bill gates argues losing a 1000000000 is better than the Global Economy losing trillions of dollars. The United States has set aside 27000000000. 00 including for
Down the east and south of europe thats a cold front representative of the suns out so on the whole its not that bad this is developing into rotating rain spreading all the way from the spanish coast through italy towards the adriatic more or less so rain is the blue and his orange thats heavy red circulation here in the coast of spain is not going to be good but further west in spite imports go its cloudy here and is only in the teens but not quite as what i have to say if you are in london you wont like that when its been a chilly study for days and still the sun is compensating this topic for wednesday more of a hint of this rain heading towards its chilly course consult india and leaving for example pass the adriatic and spain into the sunny weather at least for the focus around to far as that is raining on wednesday quite in fargo inserted the suns out on friday the temperatures slowly rising now whats happening in eastern spain usually happens in morocco algeria not still the cas
Are doing here and why we are doing it, this is part of an ongoing series sponsored by the center that historical current issues. The center itself is strictly nonpartisan and the purpose of the program its not to advocate for any particular policies, but to provide Historical Context helping inform policymakers as they deal with difficult issues. I want to thank or acknowledge the Financial Support of the mellon foundation, which makes this briefing possible. I also want to thank regional weekly in the back of the room, which is the assistant director that helped organize this. I want to thank the office of gerry connolly, and also alert you to the fact that you all have index cards on your chairs. This is for questions. As the presenters are speaking, feel free to jot down questions. We will collect them. The second half will be devoted to q a. We will collect the questions and go from there. Thank you all for coming. David . Good morning. Thank you for coming. I have been Teaching I
And were really helping the governors a lot and the governors call me the ones i know or the republicans but the ones i know and they say its incredible the job youre doing again that me the job this group is doing. And you sit here and i just im watching from. From the corner and im just saying boy its incredible stuff when you watch the general give a general seminar and talk about a boom boom boom you dont see that you dont see that when you hear the ad most speak about the testing how good it is and yet people dont like to say it but remember it was all about ventilators a month ago ventilators vessel and then we fixed it you dont hear about dental where is the ventilator jeff you havent asked about ventilators recently whats going on what about ventilation were helping other countries now because they cant have their very hard to come by and they take a long time to make like yours its incredible the job theyve done that our people have done and also private companies have done yo
The World Health Organization is warning against complacency some European Countries ease restrictions nurseries in norway have reopened and Small Businesses are trading again in some parts of germany and denmark. The new coronavirus pandemic and lock downs have hurt the demand for oil globally and heres what Major Oil Producers have been trying to do to offset those losses back in the beginning of march opec recommended removing one and a half 1000000 Barrels Per Day from the markets russia refused on march 7th saudi arabia retaliated nonsuch plans to flood the market with oil instead prices sank below 20. 00 a barrel it took a few weeks but moscow in riyadh buried the hatchet and agreed to gradually cut production by 10000000. 00 Barrels Per Day but the supply cuts were not happening fast enough for the markets and the spent may have hurt american produces the most prices have gone negative with produce is paying by is to take the commodity off their hands of affairs that Storage Cap