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The forges ahead this week as the 1st major european league. In front of. Its good to have you with us. Starts to take its economic toll the latest figures show that the German Economy has taken its hardest hit since the 2009 financial crisis contracted by 2. 2 percent in the 1st quarter of this year. Destructions closed shops and restaurants wiped out tourism and sent manufacturing into a tailspin and the government says theres more pain ahead even before any recovery takes hold. Germanys g. D. P. Data is due me even if slowly but surely the lights of the economy are being turned on again fol...

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 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 have been b...

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 hard 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 perc...

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...

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...