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RT Boom Bust July 13, 2024

The corona virus pandemic which has caused a lockdown and mere halt of business worldwide is going to have a lasting effect on the Global Economy but just how bad will it get the International Monetary fund on tuesday joins those who say it could create the worst financial crisis since the Great Depression. We are projecting Global Growth in 2022 fall to minus. 3 percent. Now this is a downgrade of 6. 3 Percentage Points from general 2020 Major Division over a very short period of time. This makes the Great Lockdown the last recession since the
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RT Boom Bust July 13, 2024

This is boom bust the one business show you cant afford to miss branch boring washington coming up grim prospects have gotten even darker as the i. M. F. Has issued an outlook of the near future of the Global Economy and as the economic continues to sink poor nations are struggling to receive pandemic payments will break it all doubt plus. Endemic u. S. Markets are surging despite record unemployment claims and poor Bank Performance but why well bring in expert analysis straight ahead we have a packed show today lets go and dive right in. The corona virus pandemic. Which has caused a lockdown and mere halt of business worldwide is going to have a lasting effect on the Global Economy but just how bad will it get the International Monetary fund on tuesday jo ....

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RT Boom Bust July 13, 2024

The corona virus pandemic which has caused a lockdown and mere halt of business worldwide is going to have a lasting effect on the Global Economy but just how bad will it get the International Monetary fund on tuesday joins those who say it could create the worst financial crisis since the Great Depression. We are projecting Global Growth in 2022 full on to minus. 3 percent now this is a downgrade of 6. 3 Percentage Points from general 2020 Major Division over a very short period of time. This makes the Great Lockdown the worst recession since the
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FBC Mornings With Maria Bartiromo July 13, 2024

Maria and we kick it off with Global Markets lets taken a look at european indices a selloff there as well. S p 200 down 250 points right now and paris down 165 and dax index in germany lower by 362. The European Union announcing the closing of its borders for 30 days to slow spread of coronavirus. In asia is overnight markets started with early rally on heels of wall street rally but then reverse course to finish in the red. Take a look at these numbers you have all of the major down better than 4 as you can see, the nikkei and japan and shanghai and composite 1. 8 and then theres oil. Oil prices tumbling touches levels not seen since 2003. As price of oil between russia and saudi arabia wages on demand is dropping oil prices right now at 25. 40 a barrel havent seen those numbs in quite some time. Check treasuries and yields right now on tenure treasury rising this morning o ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

I think it is important to keep we actually havent seen a vote on the 100 billion stimulus. [indiscernible] now they are going to try to work on a much bigger bill. But keep in mind it has been difficult to get this package that is much more targeted past the goal line, so we need to keep our expectations and check in terms of both timing and scope. It is a big number that would be welcome by the market and by the. Conomy [indiscernible] , the could actually happen market needs to keep their expectations and check in terms might beickly this real stimulus. David we are talking about 1. 2 trillion. We have 100 billion the senate still havent acted on. Beyond that, do we have a sense of what it is going to go for . As i understand, some amount of money, maybe 1000, to peoples pockets. Theres also some talk about differing tax payments in the treasury. Is there going to be money for the airlines . Is going tonk this be very multidimensional. Because this is an unusual crisis in some ways, ....

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