Wristbands ah. Ha ha ma be. Submissive. Love and respect. India has been one of the worlds economic Success Stories the country is home to some of the worlds richest people and millions have been lifted out of poverty. But the pandemic could change that covered 9000 hits everyone the poor. As well as the rich and famous. With the worlds 3rd highest number of confirmed covert 900 cases more than 2000000 experts are warning of rising poverty at the same time india cannot afford another lock down leaving the country between a rock and a hard place. Welcome to your cup in 1000 special here on the news i want to johnson good to have you with us so india is in focus today it of course is one of the most populated countries in the world and one of the hardest hit by the corona virus pandemic the countrys Strict Lockdown may have saved many lives but it also rocked many of their life a good spot and thats where 2 teenagers from delhi come in as early as march they set up a National Hotline to
And when well all be. Introduced through the topics covered and the weekly radio show is called spectrum if you would like any information on the crawler virus or any other science topic you should really check out our podcast wherever you get your podcasts you can also find us at. Ford slash science. India has been one of the worlds economic Success Stories the country is home to some of the worlds richest people and millions have been lifted out of poverty. But a pandemic could change that code 19 hits everyone the poor. As well as the rich and famous. With the worlds 3rd highest number of confirmed covert 900 cases more than 2000000 experts are warning of rising poverty at the same time india cannot afford another lock down leaving the country between a rock and a hard place. Welcome to your cup a night in special here on news i want to get johnson girl im good to have you with us so india is in focus today its of course its one of the most populated countries in the world and one o
Coronavirus pandemic has plunged hundreds of thousands of indians into joblessness and poverty. When the lockdown started there was so many people out there who had lost their jobs even have enough money or resources to get the most basic necessities like food or medicine and we were sudan tweeting. And asking the authorities. So we thought wed create this hope line. The twins mother helps finance the initiative 6 they say that good doing works is important to them. And you know in my religion we always put aside money to spend for charity and thats one of most prices over any of our generation the giving my parents. The twins mother also brings food medicine and masks to delhis outlying districts. Tens of thousands of Migrant Workers live in this settlement when her daughters got the 1st call for help people here had gone hungry for 5 days straight. Here bomb a bomb got there we work in the fields but no ones hiring us anymore my husband sold vegetables what are we supposed to live on
Meanwhile, a survey by a Credit Research firm has revealed more about the papandemicss impact the e japanesese economymy. It shows more e than 100 compans went bankrupt in both june and july. Bars, restaurants, and hotels were hit especially hard. More r more than 400 firms have gone bankrupt since february. The recent surge in cases dampened consumer sentiment. More could go under, including manufacturers. Tough times for japan and also abroad. In june, the countrys current account surplus plunged 86 from a year earlier. The finance Ministry Says the figure stood at 167 billion yen or 1. 6 billion. Despite the fall, it means the monthly balance has remained in the black for six years. Officials say exports shrank by more than 25 , including automobiles. The nations travel account surplus faired worse, down 90 for the month. The figure represents the amount foreign visitors spend in japan minus what japanese travelers spend overseas. The number of global coronavirus cases has topped 20
Singapore and malaysia as well. The Peter Navarro episode, if it is any indication how sensitive markets are to the slightest hint of bad news, that tells you the story of volatility in store for markets in the second half of the year. A quick check on the risk radar. Aussie yen coming off a little bit, that tells you where we are in terms of Risk Appetite. We were closing in on 79 a few weeks ago. Brent crude, some upside. Lets get you up to speed with other top stories we are watching. It lawmakers in washington have approved a bill to penalize banks doing business with china over beijings National Security legislation for hong kong. The bipartisan measure in the senate has support in the house of representatives and needs to pass before reaching president trump. It condemns china for breaking obligations under the deal that return hong kong to mainland rule. The coronavirus has hit local trade hard with lockdowns increasing by 12 . The hike of that pandemic in april, new research th