did you ever look at the. this is life on version the current affairs forces action to boost the price of oil the pandemic had produced a moderate to a big drop in income although producing countries now they've overcome disagreements and all coordinating moves to push the price up also on the program helping those least able to help themselves in argentina the country has been hit twice of us 1st by a recession and now by the coronavirus. and how much of an impact will the pandemic have on society and the way to put it we take a look at what happened after the spanish flu outbreak more than 100 years.

hello i'm christine want to welcome to the program oil prices have risen after the world's major producing countries agree to what's being called the biggest oil production. production costs hell opaque joined russia and others in an effort to boost the oil price and an energy market ravaged by the crown if i spend to make. opec close which brings together the oil cartel with other producers like russia said it would reduce world i would put by 10 percent. within 2 months opec and opec plus countries will reduce production by $10000000.00 barrels for the next 6 months they will cut production by $8000000.00 barrels per day and for the 16 months after that begins 6000000 barrels will be cut per day. oil prices had gone

into freefall on worries about the virus and a price war between saudi arabia and russia but low prices threatens the u.s. shale oil industry. president donald trump welcomed the deal calling it a great deal for all. but with oil tanks filling up around the world energy hungry industries shut down many analysts are warning the agreement may do little to stabilize the oil market. at all from our business department is at the table with me awful what does this deal mean for the worldwide economy well christine the 1st thing that it means really is it's a little bit of rest buy it and it's a little bit of stability for the hopefully the oil price and for the energy sector there remains to be seen exactly how markets are going to react we've had some initial reaction this morning seemingly quite positive in that some some minor reduction increases in the oil price of 5 percent 6 percent bush in the longer term it's just of the great degree of uncertainty as to how much investors are going to

embrace this whether the courts are sustainable and whether it will be enough to compensate for the massive loss and reduction in overall demand in the world economy for oil so it's rest by for the sector but uncertain yet we need to wait a little bit longer to see if there's any longer impact of this deal now it's very difficult until recently what changed well it seems to be that the big thing that changed is the intervention of the u.s. political system basically donald trump and also u.s. senators so ordinarily saudi arabia and russia essentially carve up the global oil market in terms of the price they generally control it through opec and opec plus russia as i'm going to remember but it's been a lot of pressure in recent days from trump and u.s. senators and indeed those reports over the weekend of a number of u.s. senators directly contacting the saudi energy minister talking about changing the longer term relationship between washington and riyadh unless saudi agreed to what the sanctions u.s. wanted so that would explain a lot of donald trump's happiness at the deal because it seems to underline his influence in terms of getting struck other households where the world would have

benefited from the recent oil prices does this deal change that this is bad news for the consumer well i would say it's christine it's not quite as simple as that and more stable times when when the global economy is not going through the. of existential crisis which is going through at the moment rick over 19 in the pandemic that might be generally seen as a good thing of course lower oil prices has an impact across the economy and it generally helps consumers but what's not good for consumers and what's not good for business in general is when the entire energy sector as a whole is threatened to the extent which a turkey 5 percent drop in demand which is what we experience at the moment is affecting it could lead potentially if things continue to advance to the requirement for government bailouts of large state oil companies it could lead to chaos across the energy sector many many thousands in fact hundreds of thousands of jobs a risk so no is the simple answer i would say to that question is it is is not really a case where it's simply a good thing for consumers in the price prices low what you need stability 1st and

foremost right let's get you the latest developments on the current rise spain is to allow work his in the industry in industry and construction to return to work off to shut down south korea is to send 600000 corner rise testing kits to the united states following a request from president donald trump the lockdown in liberia's capital monrovia got off to a chaotic start at the weekend as some police offices used that's when it's against residents and japan's prime minister shinzo a stay at home base which has drawn angry reactions on social networks. now in argentina they've just over 2000 confirmed cases off the coronavirus and like most countries around the world it's knocked out but argentina was investigation before the pandemic strikes restrictions have delegates. the play has been hit the hardest but in the poorest neighborhoods of the capital one is our ease people all coming together to help each other. in the poor settlements around buenos

aires soup kitchens are popping up everywhere it's russian style so young for those in this district who lost their jobs even overnight. i'm not currently working so i don't receive a salary if you work on the side paid in cash like me you won't earn a center right now. and i tell you can't work as a cleaner because of a strict curfew that's why neighborhood cooperatives are delivering food to families in need. volunteers cook for hundreds of their neighbors financed by city grants and by donations especially for the poorest of them. were cooking for the garbage collectors who weren't allowed to go out on the streets. and so they can't collect and recycle garbage. and we're now delivering lunch to them. i don't know nothing and. with every additional

day of lockdown more argentinians are dependent on community help the lines outside the soup kitchens are getting longer the corona crisis exacerbates the social crisis as it gets of. these volunteers they take care of us homeless. we get food at least 3 times a week. even before the lockdown argentina was on the verge of national bankruptcy . president alberto fernandez was trying to renegotiate the reap. payment of massive debt then came the pandemic now it's unclear how argentina will be able to repay the $1000000000.00 debt and how the country will steer clear of that much feared national bankruptcy the homeless are fending for themselves as they did before corona. during the lockdown they have no place to which they can retreat and donations are scarce. look we've always lived in fear and hunger

corona is secondary to us. argentina's retirees are also part of the corona high risk group but many of them have to line up together to collect their pension money. i haven't received money in a month i don't know how far in debt i am and i have to pick up my pension in person. argentina and its people are facing even more difficult times the coronavirus state of emergency is far from over. it's time to take a look at other news around the world strong storms of the 7 united states on sunday killing at least 6 people in mississippi and damaging up to $300.00 homes and buildings a national weather service said strong winds was sweeping through other parts of the state as well. and turkey's president richard one has rejected the resignation of his interior minister. took responsibility for this weekend's much to criticized

1000 curfew the announcement of the. millions by surprise and prompted panic by 2 hours before it took effect on friday night and the french navy's only aircraft carrier the pool has arrived at the southern portion on off to 50 naval personnel to stay positive for the current virus the entire crew of around $1800.00 sailors will be tested for the virus and isolated for 2 weeks. a century ago a deadly flu swept the world with devastating consequences that changed the way people lives today the coronavirus is also likely to be a social and cultural impacts already terms like social distancing and self isolation have become part of everyday language but what changes can we expect to last history mail if habits like the handshake are to become a thing of legend. a deadly pandemic descended on the world after the 1st world war

as if people hadn't suffered enough already the virus known as the spanish flu blew across the globe 100 years ago hitting middle aged people hardest you know dozen different political figure about one 3rd of the german population was sick and to some degree. in all of europe to a point 3000000 people died in for the group if it was one to be able to go and worldwide at least 25000000 it's of hundreds runs it means isn't really a $50000000.00 or double even that would go to be. doctors had little at their disposal to fight the virus no ventilators no antibiotics the only thing that helped was keeping people apart from each other ready. this is this shows that the most important step in stopping the spread of the pathogen is separating people by shutting down every day life and interactions. and educational

the spanish flu show that quarantines actually help. after the 1st world war and the spanish flu the economy started looking up the history of epidemics shows that they lead to advances and innovations another example the plague it killed millions of people in the middle ages yet later had extraordinary economic and societal effects. it's in times like these knowing where to get help ways to get tested or perhaps just locating your nearest hand-washing station is vital information data can help and is a kenyan crowdsourcing technology that has in the past been used to collect data for disaster relief infections and crisis responses now organizations all over the world are using the platform to navigate the current of crisis. in data and information that's job is the project coordinator at map kibera an

organization that has been marking the the slum for the past 10 years. corona virus outbreak has shifted the focus because digital maps now he's documenting handwashing stations clinics and aid efforts we have like the washing board could be like this one it's on that mob but we also have platforms where we set it. we have our thoughts. about how so many could beat up people we say. we also have facebook they do like to get on with well we have a huge number of good beat up people. joshua and his team have also started documenting all corona cases confirmed by the kenyan ministry of health. if heath information into digital maps on the open source platform was shady the platform allows users to create their own topical maps and adding information to geographical points from happy very happy collecting data like this one here i've

been the ships around the world and now using the shaky technology to collect data about corona related responses and problems in that part of the world. to show he website shows it's being used in europe asia the us and latin america and italy for instance an initiative maps are places to get food and medical supplies and in japan users are reporting the corona testing experiences. so in the last 3 weeks you see more than 300. 80 platforms and it's being used across the world i think one thing that's come up yet is that for us to be able to deal with this crisis we're going to have to rely on you know people's collective responsibility right you know people are being asked to stay in the cup that a lot of informational guts are exist out there that people on the ground or people who are experiencing some of these issues will be able to bring to light and involve people who can then jump in and and support while they can in technology is

making its way around the world the hope is that the data will also help governments and international organizations in responding to the crisis. and you are up to date will evacuate the top of the hour with more news at the fully though we want to show you this italian tenor andrea bocelli sang in a closed door in the line on sunday as part of a music $400.00 event designed to bring together people cheering the crowd of eyes up right now instead of a congregation in the pews performance was live streamed on his you tube channel. indeed. was. worth.

was. false. where. we're all set to. go beyond. them so that. we're all about the stories that matter to you. whatever it takes. to run enough trying to change the nut job you just made for mines.