Discovered. Subscribe to the documentary. Good news for the global economy. International Monetary Fund says it expects the damage from the corona virus pandemic to be less severe than previously predicted but many nations also stand in line for drops in g. D. P. Also coming up. Transatlantic trade tensions around. The World Trade Organization says the need you can get all 1000000000. 00 worth of u. S. Goods with penalty tyrus. No more all night parties in berlin will look at the german capitals latest measures to stop the spread of coronaviruses. This is the doing business iraq whats in berlin welcome to the program. The international Monetary Fund has upgraded its forecast for the World Economy this year were still looking at a significant contraction for 2024 point 4 percent the biggest in almost a century but its at least better than the i. M. F. Last prediction 4 months ago a 5. 2 percent. In its latest World Economic outlook the i. M. F. Says the ongoing pandemic makes the foreca
The past. Treating successful. Soldiers. Starts october 1st. W. Competing to become the worlds back office could south africa easing economic worries by becoming the Global Outsourcing capital well look at Research Showing found rushing to set up shop also coming up. A headache for belgiums fear make this will visit a prairie that struggling with new restrictions on pubs and cafes in brussels. Will bring some better news local booksellers are thriving right now in germany turns out the pandemic is proving a page to. Business. Welcome to the program. South africas economy has been badly hit by the corona virus pandemic so amazons recent announcement that it would be creating 3000. 00 additional jobs in Virtual Customer Service there was more than welcome south africa is becoming increasingly attractive to companies wanting to outsource jobs according to a recent study by Consultancy Firm mckinsey more than 100 business process outsourcing providers are employing around 270000 people in
And os on the message. Hello im christine wonder its good to have your Company Young nigerians protesting Police Brutality were back on the streets again today keeping the pressure in a campaign that has forced the government to disband and the tories and you see it as in a riff on station to people power in africas most populous nation nigerias police say a new unit will replace the controversial special robbery squad or saws which was dissolved following protests over accusations off which had but the announcement of the new special weapons and text tactics team also wash has not calmed the anger on the streets as protesters continue to call for Police Reforms. The crazy was Nigerias Young people standing up to injustice incidents of Police Brutality have triggered days of nationwide protests forcing the government to act. It is now disbanded the controversial saas police unit but human Rights Groups say up to 10 people have been killed after police opened fire at separate protests i
Surged as much as 3. 9 percent while west texas intermediate jump by 6 percent before falling back to the mid pfizer around noon iranian officials claim the drone was in their air space when it was down while the u. S. Armed forces directorate for the region Central Command insisted that the drone was attacked over International Waters now joining us to drill deeper into the dilemma are david mack and they need the c. E. O. Of mckelvey Wealth Management and former pentagon official Michael Maloof thank you both for being here so michael lets start off with the geopolitical aspects of everything going on here we know the importance of the strait of hormuz when it came to congress can you tell us how this has been a soft spot for iran in the past its been a contentious period contentious area for quite some time you can go back to the to the socalled tanker war during the iran iraq iraq war and then subsequent events leading. Up to that when iraq was shipping oil through. Canadian ships
Both for being here so michael lets start off with the geopolitical aspects of everything going on here we know the importance of the strait of hormuz when it came to congress can you tell us how this has been a thought baran in the past its been a contentious period contentious area for quite some time you can go back to the to the socalled tanker war during the iran iraq iraq war and then subsequent events leading up to that when iraq was shipping oil through. Canadian ships im sorry on kuwaiti ships and and they were they were attacked by iran and as a consequence reagan. Knocked out some of the Oil Platforms that were there in a very restricted air strike and then stopped and then there was the escort the armed escort afterwords. Of these ships and then you fast forward again to about 2008 there was another another episode in which. U. S. Ships were patrolling the area trying to keep the waterways open and once again small iranian ships are boats rather would try to buzz it and att