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Jun 7, 2020
06/20
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BBCNEWS
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speaking to the bbc, david malpass predicted the economic fallout could last for a decade and would adverselyoorest. 0ur global trade correspondent darshini david has more. the world bank says that 60 million more people could find themselves with a less than £1.50 per day to live on as a result of the economic crisis prompted by covid—19 on top of the 730 million who already do so. the bank's president david malpass said millions, possibly billions of people had had their livelihoods disrupted. the poor around the world are in an unequal situation. they are getting hit harder, people in the poorer countries are being not only unemployed, but unable to get any work, even in the informal sector, and that is going to have consequences for a decade. restoring prosperity, he says, would require engineering the right environment to create newjobs, to replace those that may have been lost permanently in sectors like tourism. mr malpass says he is optimistic about a longer term recovery, but he admits the impact on some livelihoods could last a decade. there are calls for the compulsory wearing of f
speaking to the bbc, david malpass predicted the economic fallout could last for a decade and would adverselyoorest. 0ur global trade correspondent darshini david has more. the world bank says that 60 million more people could find themselves with a less than £1.50 per day to live on as a result of the economic crisis prompted by covid—19 on top of the 730 million who already do so. the bank's president david malpass said millions, possibly billions of people had had their livelihoods...
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Jun 3, 2020
06/20
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BLOOMBERG
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we get an update from david malpass today. is a clarion call worldwide to spend money to put people to work. how will the world bank affect that policy? david: good morning. the world bank is adding resources where it can and also targeting the resources to where the most impact can be felt. for some countries, that means supporting core businesses in the public sector or the private sector. once that if they stopped operation, it would be harmful. many countries the focus is also on getting cash to people, either through a social safety through in-kind transfers. we are dealing with countries that are often on the brink of extreme poverty for tens of millions of people. ,hat is the focus right now quickly moving on the health crisis and the alleviation of up systems that will work into the future. one of the interesting things happening is the differentiation of countries. what financial markets are doing is looking at some and saying they will be able to move forward with the policies they have got or will be able to put into
we get an update from david malpass today. is a clarion call worldwide to spend money to put people to work. how will the world bank affect that policy? david: good morning. the world bank is adding resources where it can and also targeting the resources to where the most impact can be felt. for some countries, that means supporting core businesses in the public sector or the private sector. once that if they stopped operation, it would be harmful. many countries the focus is also on getting...
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Jun 7, 2020
06/20
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BBCNEWS
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speaking to the bbc, david malpass predicted the economic fallout could last for a decade and would adverselyst. our global trade correspondent darshini david has more. from the shutdown of factories in wuhan at the start of the year, to the closure of major tourism spots in venice and beyond, covid—19 and the measures taken to curb its spread have pushed the global economy sharply into reverse and those who can least afford it are paying the heaviest price. the poor around the world are in an unequal situation. they are getting hit harder. people in the poorer countries are being not only unemployed but unable to get any work, even in the informal sector, and that is going to have consequences for a decade. as countries like india grapple with the fallout, the bank says that 60 million more people around the world could find themselves with less than $1.90 per day to live on top of the 730 million who already do so, risking lasting hardship. it is one reason why there has been a push to get back to business as usual in places like rio, despite concerns about rates of infection. translation:
speaking to the bbc, david malpass predicted the economic fallout could last for a decade and would adverselyst. our global trade correspondent darshini david has more. from the shutdown of factories in wuhan at the start of the year, to the closure of major tourism spots in venice and beyond, covid—19 and the measures taken to curb its spread have pushed the global economy sharply into reverse and those who can least afford it are paying the heaviest price. the poor around the world are in...
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Jun 7, 2020
06/20
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BBCNEWS
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its president david malpass warned that billions of people would have their livelihoods affected by thedemic. and in a week's time, places of worship in england will be opened for individual prayer. now on bbc news, this is the story of one hospital and one community in the time of covid—19. as britain's death toll, one of the highest in the world, continues to rise, bbc news has been given unprecedented access to doctors and nurses serving in one of the most densely populated parts of london. as well as the devastation left behind by an invisible killer, humanity and kindness shines through in this unique documentary. it's in times of crisis that we find out who we really are. i've felt broken on many an occasion. ijust sat on a chair and just held his hand. trauma, it's trauma on every level. 0k, ready, steady, go. this is the story of one hospital and one community in the time of coronavirus. every single person on the front line now has to deal with their own trauma. it's about people. their grieving, their goodness. you just have to keep strong. i always tell myself, someone has go
its president david malpass warned that billions of people would have their livelihoods affected by thedemic. and in a week's time, places of worship in england will be opened for individual prayer. now on bbc news, this is the story of one hospital and one community in the time of covid—19. as britain's death toll, one of the highest in the world, continues to rise, bbc news has been given unprecedented access to doctors and nurses serving in one of the most densely populated parts of...
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Jun 7, 2020
06/20
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BBCNEWS
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its president david malpass warned that billions of people would have their livelihoods affected by thezil says it will no longer publish total numbers of cases and deaths from coronavirus, after their death toll passes 311,000 and in a week's time, places of worship in england will be opened for individual prayer. hello and welcome to our look ahead to what the the papers will be bringing us today. joining me is senior reporter at the sunday times, rosamund urwin, and features writer at the independent, james rampton. welcome to you both. thanks mike for being with us from your rooms full of books. —— thank your rooms full of books. —— thank you very much. starting with the sunday times which reports the prime minister's ordered a swift easing of coronavirus lockdown measures to avoid the possible loss of three millionjobs. the paper also features an image of a man who joined anti—racism protests in central london, prompted by the killing of george floyd in police custody. a striking picture a horse fronts the daily mail. the animal bolted through a crowd of people in central london as
its president david malpass warned that billions of people would have their livelihoods affected by thezil says it will no longer publish total numbers of cases and deaths from coronavirus, after their death toll passes 311,000 and in a week's time, places of worship in england will be opened for individual prayer. hello and welcome to our look ahead to what the the papers will be bringing us today. joining me is senior reporter at the sunday times, rosamund urwin, and features writer at the...
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Jun 2, 2020
06/20
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BLOOMBERG
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david malpass of the world bank will be joining bloomberg tomorrow at 8:00 a.m. new york time, 1:30 p.m. in london. looking for to that conversation. tox: we want to toss it over invest talks. david westin sitting down with the securities and exchange commission chairman and he asked him about chinese equities. let's listen to his response, any risk posed to investors. and psa will be inspections of audits. the bedrock of our system is good financial information. this asymmetry, you can call it an unlevel playing field with chinese-listed companies versus other countries from non-us jurisdictions has gone on for too long, and first step, let's make sure investors understand it. second step, and the administration is now looking at this, senators kennedy and van hollen have a bill that has a sensible approach to this, which is give people time to level that asymmetric, unlevel playing field. now we know about it. now we have to figure out what we are going to do about it. david: is disclosure enough in the situation as a practical matter? there are proposals on th
david malpass of the world bank will be joining bloomberg tomorrow at 8:00 a.m. new york time, 1:30 p.m. in london. looking for to that conversation. tox: we want to toss it over invest talks. david westin sitting down with the securities and exchange commission chairman and he asked him about chinese equities. let's listen to his response, any risk posed to investors. and psa will be inspections of audits. the bedrock of our system is good financial information. this asymmetry, you can call it...