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With a economist. This economyf this contracted for the First Time Since at least 1990 two. A big contraction, more than was anticipated. What is your instant reaction . Robin let me be clear. The First Quarter contraction is not a surprise considering the lockdown in late january and february. Outputch industrial dimension and trade data suggested the supply side in the chinese economy has been on a recovery path. Are first in, first out amid this covid19 recession. We have seen the worst First Quarter followed by a shallow recovery from the Second Quarter onward. The ip data is better than retail sales or domestic data, means the supply side has been largely mobilized with now 90 of factories in china, 40 are operational. Many are back online. That is why we see a ....
Top producers consider even deeper output curves. Shinzo abes state of emergency now covers the whole of japan after critics said his initial virus response offered to little, too late too little, too late. Shery breaking news out of south korea. We are getting the jobless rate coming in at 3. 8 . As expected, a rebound from the previous month of february. February was a 3. 3 . In the month of march coming in at 3. 8 . In line with estimates but still a rebound. Of course, we have seen weakness in retail and hospitality, employment, given this coronavirus pandemic. The government has tried to create jobs and that has helped the economy. They of course have already passed a 10 billion extra budget, but we are now seeing the jobless rate climbing to 3. 8 . This as president moon jaein has called for more aggressive measures on job creation. Of course, moons Ruling Democratic Party of korea just won the implementer elections ....
In a lifetime during a Church Service in sydney on monday. The lease of the credits, everybody to sleep mode tonight at the we begin in Southern Gaza. We have 4 people have been killed off to on his ready bombing. West of a city of rough house was hit in tallow suits on. Children are among the dead. Several other people are injured in the attack and have been taken to the nearby to wait to the hospital. When is there any forces . Ive also talked to mosque in the alpha kuda area of the jabante, a refugee camp in the north of the strip. Far to say civilians have been killed including women and children, but havent confirmed yet. How many. C Civil Defense and ambulance crews have been putting people from the rubble by hand as well, 2 weeks earlier, 2 weeks off to is ready for his withdrew from the ill ship a hospital. The ful ....