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00 im Adrian Finnegan this is counting the cost on aljazeera a weekly look at the world of business and economics this week recession why an emergency fed rate cuts just isnt good enough to save the Global Economy from the impact of the fast spreading coronavirus as the World Bank Offers billions to developing nations to support Health Care Systems with inside a lab thats working to find a vaccine to fight the virus and Oil Companies in the republic of congo have discovered vast oil reserves but drilling could be environmentally damaging. The worlds factory has been shuttered supply chains hav...

Were live from sonic automotive, one the nations biggest auto retailers. Well look through political lens of local business as we look through the hour. Any minute we have new comments to play back for you from President Trump. He haas been speaking to reporters outside the white house, joined by the hhs second alex azar. Also Anthony Fauci after they tour ad medical facility toured a facility from maryland as the coronavirus outbreak spreads throughout the country. We have the first confirmed case here in the state of North Carolina. Well bring all the president s comments as soon as we have ...

Discovered vast oil reserves but drilling could be environmentally damaging. The worlds factory has been shuttered supply chains have been broken flights of been grounded tourism decimated thats the real world consequence of the coronavirus and the epidemic has yet to peak outside china growth could this year want the o. E. C. D. To 1. 5 percent from its previous forecast of 2. 9 percent growth below 2 and a half percent indicates a global recession as markets crashed Central Banks stepped forward to say that they were ready to support growth the Federal Reserve cut rates by a half a percentag...

Others its the only way to get a job despite the risks. Was an Army Bomb Disposal engineer in Helmand Province he knew the risks he was blinded in both eyes and lost a leg when a roadside device exploded as you try to defuse it i was aware of the danger of seeing friends wounded while working on mines i wasnt scared to lose an arm or a leg is a 2nd phase we have to make to serve this country. Im Adrian Finnegan this is counting the cost on aljazeera a weekly look at the world of business and economics this week recession why an emergency fed rate cuts just isnt good enough to save the Global E...

Lighten up in a bid to get people back to work. The concern here and why these indices are in the red is what if that brings about a surge in the case count. Lets look at what is happening in the broader asian markets outside of china. You can see the asiapacific index excluding japan. Japan is on hold today. Also in the red. S p, futures looking ahead. Under pressure on worries about what suppliers will be doing to supply chains. A lot of them are in south korea and that is now the focal point for the coronavirus outside of china. I want to bring to your attention at the top of the screen, th...