lebanon to form a unity government in order to release the much needed support from the international monetary fund. core says he's quote ashamed of the country's political factions his failure to put aside their differences led to the

decade of poverty reduction in some of the poorest nations is about to be wiped out as the international monetary fund back in calls from the world bank for creditors to cut that rather than just offering interest payment relief the stark warning scummers risk analysis firm veriest made for kraft identified $37.00 nations that face major spikes in arm rest due to painful post pandemic economic recovery and mobile crafts lead economist david willey joins us now good to have you with us so is it too late to stop decades of economic gains evaporating at this point. yes that the global economy has been devastated by the current irish pen demick and wealthy nations are no exception that we're about a month ago we released the results of our recovery capacity index to help our clients understand what that next phase of the recovery looks like looking out into the next few months ahead to 2021 how rapidly do we see countries recovering from the economic slowdown and when we look at just the g. 20 conference is the 20 largest economies in the world what our data predict is that you're going to see a 2 track r

he is the director of the middle east and central asia department at the international monetary fund she began by asking him our middle east oil exporters doing enough to diversify. well diversification has different meanings you have the fiscal diversification and countries in the 'd have already started that with the introduction of the value added tax as well as also other fiscal measures some bearing and in process of doing this we encourage them to accelerate that there is also the u.k. sure. shore soul 'd vision 2030 and other medium term programs government has already started to use that and the 3rd level of diversification the diversification off economic enablers or i would say a driver for growth and technology for example. is one area promoting and developing is also another avenue where countries in the last few years have introduced certain number of programs but we have also to cognize that diversification is a long process and this process had made it more difficult with the we think that going forward what is important is to accelerate the investment in technology ha

the government wants to guarantee those negotiations because the pope is helping with the international monetary fund to pay the foreign debt but women will continue to die so we will continue to demand what we believe is our right. a right that this women say has been denied for far too long that is how will. this is al jazeera these on the top stories coronavirus related deaths some surpassed 1000000 that's according to the johns hopkins university tracker more than 33000000 people worldwide have been infected with the virus the u.s. brazil and india can for nearly half of the world's coronavirus deaths runs a 5th of being in the united states alone the daily death toll there is almost a klein but there has been a surge in your affections bringing fears of a 2nd wave donald trump announced the rapid testing system to bomb pop virus detection nationwide he says millions of test kits will be sent out across the country and bourne's arisan positive cases is likely in the days ahead last week we crossed the historic milestone when the united states conducted our 100 millionth test far more than any oth

lebanon to form a unity government in order to release the much needed support from the international monetary fund. core says he's quote ashamed of the country's political factions his failure to put aside their differences led to the resignation of the prime minister designate on saturday. hundreds of refugees have been allowed to leave the greek island of lesbo us are heading to the mainland after being granted asylum they were all residents of the morea camp before it was destroyed destroyed by fire earlier this month more than $12000.00 refugees and migrants were left without shelter. those which up stories do stay with us c.n.n. is there at the crossing is up next thanks very much for watching by for. if by. trying to win it by the mob would be largely the american people failed to do its job on purpose they don't go and sleep in jail for nothing ok he still doesn't have a place to stay this christmas one of the 1st presidential debate on al jazeera. viewfinder fresh perspectives. this. evening on. a lot. of the final. moments of the law for the new government. assayed has use it myself for t

to persuade politicians to fight state corruption and push through reforms needed for an international monetary fund bailout plan. for the is also support of -- by france. clearly the united states has given leeway for frfrance to in lebanon. reporter: the new prime minister did what no lebanese official has done. visited the neighborhoods damaged in the explosion, regaining the trust of the people will not be easy. many accuse the political class who appointed adib for decades of corruption and selling expose of materials at the port. explosive materials at the port. like dib, adib could be held hostage by a political establishment that has been written -- reluctant to threaten their interests. but this time they may have little choice. the state is close to collapse. the international community says there will not be blank checks. in the words of new prime minister, this may be lebanon's last opportunity to save itself. has announced it reached an agreement with israel to end the escalation of violence in the region. the deal follows more than three weeks of cross-border exchanges of fire. israel

lebanon to form a unity government in order to release the much needed support from the international monetary fund. corps says he's ashamed of the country's political factions his failure to put aside their differences there to the resignation of the prime minister designate on saturday hundreds of refugees have been allowed to leave the greek island of less force and heading to the mainland after being granted asylum they were all residents of the morea camp before it was destroyed by fire earlier this month more than $12000.00 refugees and migrants were left without shelter families and those needing medical attention are among the 1st to be transferred to the mainland. if you stay with us up to the last drop continues next on the back after that with a no news after that if you get. the health of humanity is at stake a global pandemic requires a global response. w.h.o. is the guardian of global health delivering lifesaving tools school supplies and training to help the world's most vulnerable people uniting across borders to speed up the development of test treatments and of that. working with

the been on to form a unity government in order to release much-needed support from the international monetary fundnuel macron says he is ashamed of the country's clinical factions, whose failure to put aside their differences led to the resignation of the prime minister designate on saturday. belief in macron is beginning to wane. reporter: it was a month ago when lillian felt there was an opportunity for a new lebanon. it was here where she met french president emmanuel macron, who visited neighborhoods devastated by the damaging explosion at beirut court. >> it was a mixture of emotions. anger, frustration, and a little bit of hope. combined altogether, we were desperate for help. before hugging me he was telling me it will be better for you and for your kids. t'sade it clear that here, i the youth who are making the change. it is not for the kids, the change will be for us. reporter: macron accused lebanon's leaders of betrayal for failing to form a nonpartisan government to deal with the deep economic crisis. for some lebanese, it was the french leader who betrayed them. we have seen no sancti

international now ecuador has struck a deal with the international monetary fund on a $6500000000.00 relief package the lifeline comes with strings attached though including spending cuts and tax reform ecuador is in the grips of a long running economic crisis and the i.m.f. has already provided several loans to secure them kido has had to slash funding for vital public services including health care and critics say that there has left the country defenseless in the face of the coronavirus ecuador is among the hardest hit nations by cope with 1000 in latin america. and i think the everyone in the entire population had this corona virus but we did not have medical help because the doctors did not come here they are only in the city and we had to go and look for them so people use common remedies. like. i am. here in the hope you can you can't imagine how bad the hospitals were they didn't want to admit anyone else so instead they took my parents to kill me but my father and my mother both died there. in principle receiving that sum of money for a country in crisis sounds like good new

after stints as spanish economy minister and managing director of the international monetary fund. russia took the reins of the bank ken how madrid in two thousand and ten he oversaw the merger of seven lenders into what is now k@@wn as banky up. but that banking group nearly collapsed and was nationalized just two years later. the personal savings of hundreds of thousands of shareholders were wiped out. russia had been accused of cooking the books but a judge found bank is stock listing had received all the necessary oversight. right is already serving a four and a half year jail sentence in a separate case for the misuse of thank you credit cards. let's check in on today's trading action now the major european indices dropped back after strongng gains on monday- l loss of between two tents and- half a percentage point. despitete te new datata indicatingg a surprising jump i in economic sentimentt in the euro zone in september. wall street also trending lower- the dow jones had shed about two hundred points earlier in the session. paring back at some of those look sharper losses t

the government wants to guarantee those negotiations because the pope is helping with the international monetary fund to pay the foreign debt but women will continue to die so we will continue to demand what we believe is our right. to a right that this women say has been denied for far too long that is how will one aside if. i'm alamo hittin in doha with your headlines on al-jazeera coronavirus related deaths have surpassed 1000000 a more than 33000000 people have been infected with the virus worldwide the us brazil and india account for nearly half of the world's kovar deaths around a 5th of pain in the united states alone the daily death toll there is declining but new infections are rising bringing fears of a 2nd wave.

urge lebanon to form a unity government in order to release much needed support from the international monetary fund. says he's ashamed of the country's political factions his failure to put aside their differences led to the resignation of the prime minister designate on saturday but as in a how to report from beirut. is beginning to wane. it was a month ago when. there was an opportunity. it was here where she met french president. who visited neighborhoods damaged by the devastating explosion at port. of the oceans her anger frustration and a little bit of hope. it's all together. before i had. better. stay and i made it clear. here it's the youth who are making the change and hopefully it's not for the kids. for us. accused of betrayal for failing to form a nonpartisan government to deal with the deep economic crisis. because the french who betrayed them. in. what you see. lebanon is in desperate need of financial assistance to rebuild what was damaged by the poor. the collapsing economy france and other international powers have refused to provide aid. are made those who want. to bring about ch

urge lebanon to form a unity government in order to release much needed support from the international monetary fund. says he's ashamed of the country's political factions whose failure to put aside their differences led to the resignation of the prime minister designate on saturday but is it hard to report from beirut belief in iraq home is beginning to wane. it was a month ago when. there was an opportunity for a new lebannon it was here where she met french president. who visited neighborhoods damaged by the devastating explosion at port. of the ocean your anger frustration and a little bit of. its combines all together but for. the 400 he was telling me that it will get better for you and for your and i made it clear. here it's the use. you're making the change and hopefully it's not for the kids change will be for us. accused lebanon's leaders of betrayal for failing to form a nonpartisan government to deal with the deep economic crisis for some lebanese it was the french leader who betrayed them. in trying to diplomacy we have seen no sanctions we have seen no. failed negotiations on the table

the fact income of results is essentially already available on the balance sheets of the international monetary fundand while bank but they share holders of those institutions do need to give the instructions or authority to use those resources in that way and then probably made another 30000000000 also mean what should be a multi uptake in foreign assistance some from for out of as you say just the year ends slice of that immediately in your own affairs just as we were looking for another $10000000000.00 now there is a paradox because we have seen increasing fund raising for humanitarian action in recent years last year we raised the records $18000000000.00 and that allowed us to reach more than $100000870.00 save millions of lives. this year because if. we started the think you would need 30000000000 but in fact me 40000000000 and we might get to 20 because i think we will have another fund raising record but it the gap between what we actually need and what we're able to read a is i'm afraid will be bigger than ever and that will mean that some of these problems probably will get out of control w

the government wants to guarantee those negotiations because the pope is helping with the international monetary fund to pay the foreign debt but women will continue to die so we will continue to demand what we believe is our right. to a right that this women say has been denied for far too long that is how will. i am this is al jazeera these on the top stories coronavirus related deaths some surpassed 1000000 that's according to the johns hopkins university tracker more than 33000000 people worldwide have been infected with the virus the u.s. brazil and india account for nearly half of the world's coronavirus stand.

the government wants to guarantee those negotiations because the pope is helping with the international monetary fund to pay the foreign debt but women will continue to die so we will continue to demand what we believe is our right. a right that this women say has been denied for far too long. hundreds of refugees have been allowed to leave the greek island of less being transferred to the mainland after being granted asylum they're all residents of the morea camp which was destroyed by fire earlier this month families and those needing medical attention are being pirates heist. stephanie deca has the latest from les wells. this is the moment they have been waiting for 4 and incredibly long time the ferry now with around 700 people on board families and people classified as vulnerable being taken off the island on their way to athens with official asylum status they've had an incredibly long wait here in the stream of difficult conditions of course that following an incredibly lengthy and dangerous journey that they made to get here to greece this is the dream this is the dream to gain asylum to get

the government wants to guarantee those negotiations because the pope is helping with the international monetary fund to pay the foreign debt but women will continue to die so we will continue to demand what we believe is our right. a right that this women say has been denied for far too long. let's take you through the headlines here on al-jazeera now as a diversion says it's taken another city in the occupied nagorno-karabakh region after a 2nd night of fighting with armenian forces the army denies its shelling areas kilometers away from the disputed area dozens have been killed since violence escalated on sunday robin for us to walker is in georgia's capital tbilisi he says turkey and russia play a key role in the dispute. the expectation perhaps is all the players the powers in the region that have the influence that's russia and turkey which are also rivals and the concern is that they could end up being brought into this conflict i mean already says that turkey is somehow involved militarily but of course russia has its presence you know armenia not in karabakh so either these powers will be ca

the government wants to guarantee those negotiations because the pope is helping with the international monetary fundto pay the foreign debt but women will continue to die so we will continue to demand what we believe is our right. to a right that this women say has been denied for far too long that is how will see when a site is. andy riches and will be here with your sport in just a moment i. was and fans of the tampa bay lightning hockey team celebrate their team's title success from a distance of course and he will be here with that. pool. as promised with andy richardson with your sports thank you very much come all the by line and have baits in the dallas stalls to win the national hockey league's stanley cup it was the last thanks in a season that at one point looked unlikely to finish. as far as small reports. the famous old trophy and fireworks were all in place for the end of the national hockey league season but the fans were still missing the tampa bay lightning lifting the stanley cup with only themselves for company i would love for as i did all this and worse the family and friends to

the government wants to guarantee those negotiations because the pope is helping with the international monetary fundo pay the foreign debt but women will continue to die so we will continue to demand what we believe is our right. to a right that this women say has been denied for far too long that is how will want to cite us. let's take you through the headlines here on al-jazeera now as a version says it's taken another city in the occupied not gonna cut off region after a 2nd like the fighting with army.

to persuade politicians to fight state corruption and push through reforms needed for an international monetary fund bailout plan. for. france. or has. for the next. in his 1st act in office the new prime minister did what no lebanese official has done visited the neighborhoods damaged in the explosion regaining the trust of the people won't be easy many accuse the political class who a. pointed a deep fried decades of corruption and safely storing explosive material after port . unlike his predecessor had done yeah well resigned in the aftermath of the other 4 explosion has the support from the majority of political forces but like yeah a db could be held hostage by a political establishment that has been reluctant to carry out state reforms that could threaten their interests but this time they may have little choice the state is close to collapse and the international community says there won't be blank checks in the words of the new prime minister lebanon doesn't have time and this may be its last opportunity to save itself then after their answers here are beirut . saudi arabia's king solomon h

years and that has affected its relations with the outside world it's dealing with the international monetary fund and the world bank that has had an impact on sudan's economy and this is of course despite the country having vast agricultural land having a vast mineral resources now this current transitional government is saying that the reason why the economy is in a downward spiral is because of the policies of the previous government which was ousted from power in april last year but people are saying that the policies of this new government of this transitional government which came to power last august has been not turned fair and has been very unclear and not suitable for the country now 3 sides of the government and the suffering council the executive council and the forces of freedom and change which has brought the executive council to power. are not on the same page they have been despairing about how the economic situation should be dealt with. those more still to come here on al-jazeera including searching for answers what brianna taylor's family is now demanding from prosecutors that

wants to guarantee those negotiations because the pope is helping with the international monetary fund to pay the foreign debt but women will continue to die so we will continue to demand what we believe is our right. a right that this women say has been denied for far too long that is how will want to cite us. i'm alamo had seen in doha with your headlines on al-jazeera coronavirus related deaths have surpassed 1000000 and more than 33000000 people have been infected with the virus world why it's the us brazil and india account for nearly half of the world's cova deaths around a 5th of pain in the united states alone the daily death toll there is declining but new infections are rising bringing fears of a 2nd wave while the u.s. has announced a new rapid testing system to ramp up virus detection nationwide this is not the deep brain biopsy that we talk about this will generally done by a health care provider but it can be done supervised it's easy 123-451-2345. into the tast twisted 3 times. the adhesive is pulled off. and you wait 15 minutes and that is the test it really could not b

lebanon to form a unity government in order to release the much needed support from the international monetary fund emanuel macaw says he's ashamed of the country's political factions his failure to pursue aside their differences led to the resignation of the prime minister designate on saturday. hundreds of refugees have been allowed to leave the greek island of lesbos and heading to the mainland after being granted asylum they were all residents of the maria camp before it was destroyed by fire earlier this month more than $12000.00 refugees and migrants were left without shelter. there is the top stories do stay with us. the stream is coming up next hour more news for you after that thanks for watching. i am from the ok you watching this on this show we have many many discussions about refugees and migrants today we return to respond on the island of baseball's refugees are appealing to help after that refugee settlement can't the camp burned to the ground this is how a.j. pos stories. visited back riyadh area no man to man and there's a lot there's never their internet. traffic area probably. y

has been put in place by the sudanese government and it's going to be monitored by the international monetary fund the i.m.f. is saying the move to a transitional government was an opportunity to convince the world that it could implement the necessary reforms well has more now from sudan's national economic conference is taking place in the capital hard to him. the government is trying to achieve is that it's trying to bring together the various sides in this transitional period to try to unify their position on how to get this country out of the current economic status that it is and the sudanese pound itself has lost more than 40 percent of its value over the past 2 weeks and this is just the past 2 weeks alone over the past year the value has been can to continue to face a downward spiral against the dollar and the government is saying that it needs to take hard steps to try to reform the economy including lifting fuel commodities and finding ways to bring in more hard currency and now there have been talks about lifting sudan of the u.s. list of states sponsoring terrorism the talks have been

much needed financial assistance to be unlocked lebannon was in the gauche ations with the international monetary fund those negotiations stalled because politicians the ruling elite they were not willing to carry out those reforms because if they do they would weaken their hold on power they have been exploiting the state's resources for years for decades they've used the public sector to absorb unemployment among among their supporters so mccrone telling them that you're not going to get any bailout and the economy which really has hit the ground in lebanon will not be able to revive and we heard mccraw earlier today even suggest that in sri months time if those reforms are not carried out then the ruling elite the members of the ruling elite could be sanctioned what we understand is that macross press conference was delayed because he is holding talks with the different leaders of lebanon's various political parties we saw protesters out on the streets earlier say now how do they feel about the visits of the french president. well mixed feelings because people who have taken to the streets believe

coming up on bloomberg markets, the chief economist for the international monetary fund.is fit day. stay with us through the day. this is bloomberg. ♪ ♪ you can go your own way ♪ go your own way your wireless. your rules. only xfinity mobile lets you choose shared data, unlimited or a mix of each. and switch anytime so you only pay for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. this is the bloomberg first word news. president trump is promising his long-awaited replacement for obamacare is ready. the president made a statement in a contagious's townhall -- cap hostile event. he has repeatedly promised his health care plan would be introduced in a couple of weeks, only for the deadlines to come and go. joe biden has made his most direct appeal to hispanic voters yet. he made his first trip to florida as a democratic presidential candidate. he told a rally that president trump has failed the hispanic community time and time again. ininos

tom: managing director of the international monetary fund from bulgaria.9:00 p.m., look for that conversation. that will be on the 7:00 thursday in hong kong and london. david rubenstein. futures -26. dow futures -230. next, nouirel roubini on economic politics. this is bloomberg. ♪ ♪ morning, there is only one question. can you stand another two debates? rancor,he rage and biden and trump debated debatable points. mr. biden often turned to the camera and spoke to the nation. mr. spoke to the moderator. survived the debate, did you? no debating bonds, they are dead in the water. i am wrong, the real yield returns to -1%. shall, and shell, london near 9000. jobs day is friday. good morning everyone, this is "bloomberg: surveillance." francine lacqua hanging on every word last night. as a general statement, was london riveted by the debate? francine: london is riveted because we have never seen anything like it. participant,market you can get out of the debate

spoke -- spoke to international monetary fund economist gita gopinath. let's listen.is less dire and somewhat improved relative to six months ago. at the same time, we are not out of the woods. what we have seen is that in the second quarter, many countries jumped to really low levels in itms of deep recession, but was somewhat better then anticipated in the sense that they were -- that there were many advanced economies and emergency -- emerging markets where the outcomes were better. however, i think we have got all the low hanging fruit. to climb back up will take more time going forward. we still have the virus around. we have second waves. countries have learned to deal with it much better. we are seeing national lockdown's and there are hopes of a vaccine on the horizon. there are hopes of a vaccine on horizon. we are not out of the woods. >> there has been a lot of optimism about the pace at which theill see a vaccine, discovery process. have we been overly confident about how quickly the vaccine will come? economistswe, immune in their forecasts, businesses in

the europeann with commission, the international monetary fund and with other powers in good faith will be essential. africa, with europe, will be the driver of this redefinition of globalization. he will continue to help african countries to face the pandemic in health, economic, social and humanitarian terms. the november g20 summit will be decisive in implementing the debt moratorium we have asked for and also to go further. we must better support the immense energy of civil society of the young people in africa, who are its power and its future. this is the rationale behind the initiatives that we will produce in the coming months with the diasporas, and in supporting the african private sector. finally, the fifth objective i would like to propose for our collective is respect for international humanitarian law, and the fundamental rights of each person. i believe that this is essential to the very survival of our organization. this area, we have seen a series of setbacks. silence.n too much since the creation of the united nations -- by the united nations of the global humanitarian