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The e. U. Economy had expanded by point one percent in the 4th quarter of 2019 and of course contraction is expected as the crow virus pandemic continues to wreak economic havoc but it should be noted that lock downs in the e. U. Did not actually start until early march of 2 months before those lockdowns took place weighing heavily on the economy now looking at some of the largest economies in the block frances g. D. P. Felt by 5. 8 percent over the quarter as did spains economy declined by 5. 2 percent now german officials had also announced this week that they expect their g. D. P. To declin...

In the block frances g. D. P. Fell by 5. 8 percent over the quarter as did spains economy declined by 5. 2 percent now german officials had also announced this week that they expect their g. D. P. To decline by 6. 3 percent for the year overall meanwhile the European Central bank announced thursday it would keep Interest Rates where they are at 0 but added they will continue stimulus measures until the economy stabilizes. And here in the United States new filings for unemployment reached 3400000 for the week ending the 24th of april now this brings the total number of claims over the last 6. 1...

Jobless claims, though, 4. 4 million, bringing the total to 26 million over the past five weeks. Oil bounces, and the european pmis remain historically low 16 in france no, 10 in france 16 in germany. Jim, though, your tone this morning is relatively hopeful. Look, i am a creature of who reports and what they say. And i can literally i find it hard to remember as Many Companies as saying good things, even as obviously were in nidest of a pandemic, and i dont think theyre all clockeyed optimists. These are large cap companies. These are not the companies that the government is trying to protect...

Recovery of the whole of europe. President trump invokes a wartime law to get more swabs produced as he rebukes accusations from impov ngovernoy dont have enough testing equipment to reopen their states elsewhere the uk government is reportedly split on easing of lockdown restrictions, as it appears the Health Secretary matt hancock wants to defeat the virus before easing measures phillips First Quarter numbers drop 33 as they suffer the effects of coronavirus in all of their markets the ceo telling this station, though, they do see growth coming back in the second half of the year. Our order ...

Us today now christy weekly weekly jobless numbers are in now as i just mentioned 3840000 filing for unemployment which is worse than expectations again how bad can this actually get. It came back quite bad because if you remember we have been coming in worse than expectations now for about 6 weeks in a row so now you have roughly 30300000 people who have filed for unemployment in the last 6 weeks which its pretty much one in every 6 americans so with more employers cutting payroll in order to boost their earnings economists have now up their forecast that the Unemployment Rate for april could...