Page 18 - Fiscal Space News Today : Breaking News, Live Updates & Top Stories | Vimarsana

You wish the circumstances were not as grim. I would start by saying i hope you and your families are healthy and coping in these challenging times. I want to express my deepest condolences to the millions of healthy and coping in these people around the world suffering from covid19 and who have lost a loved one to the pandemic. I just concluded a very productive virtual dialogue, low carbon virtual dialogue with our Development Committee. I was joined by managing director of the i. M. F. And it was good to hear the views from shareholders on how the World Bank Group and i. M. F. Can Work Toge...

Well bring you developments from around the outside. With updates about travel restrictions and how to protect your. Special coverage on aljazeera. Than this is counting the cost on aljazeera your weekly look at the world of business and economics this week. Health services in rich nations are struggling to cope with the coronavirus pandemic so what about poor nations will the world banks multibillion dollar fund be enough to help developing countries. Putting people before a debt crisis argentina gets money into the hands of families to fight the Economic Impacts of the pandemic. And from hel...

Countries. Putting people before a debt crisis argentina gets money into the hands of families to fight the Economic Impact of the pandemic. And from a helicopter money to universal basic income could we see more governments picking up last paychecks to keep the economy and businesses alive. The world bank and the International Monetary fund the calling on creditor nations to provide debt relief to the worlds poorest nations amid the coronavirus pandemic rich nations have deployed unlimited funding to combat the pandemic and its Economic Cost the United States and Federal Reserve so far pledge...

Are beginning to see the impact of the cuts. Depending on where you are in a lot of the focus on your markets, a lot of the focus is on your data. You have a lot of earnings and banks saying coming up with a little bit of a forecast. And then we have quite a lot of corporate macro views, we are expecting a number of big Central Banks to come out with statements. Life to 11ing its a barrel. Rapidly moving storage capacity. That story today with a lot of corporate earnings overall looking at not only the oil story extending but if you look at the s p 500, the contract fluctuating. In europe we a...

Ont that we had crude down the day. A little bit of a disconnect, scarlet. Scarlet that is a good point. Energy stocks up 10 on the day. The next best performing group is financials. If you look at it on a five day basis for the week, energy and financials are among the laggards here. Forget what happened in the first quarter. Forget what they are saying about the Second Quarter. End, i wonder what that really tells us about. Again, i think that what we are dealing with here, and what i was trying to say when the bell rang, we are dealing with the cash flow issue. It comes down to how long the...