the world trade organisation warns the pandemic could cause the deepest economic recession in livingid the nation's economy contracted 6% in the first quarter, putting it in recession, despite the news the finance minister promised to keep the current support measures in place. translation: we will maintain them for the duration of this health and economic crisis. we have made a choice and i see it as a choice of responsibility to protect these skills and employees rather than in the united states, having millions more unemployment claims every week. one of spain's biggest football teams, real madrid, has said its players will reduce wages by up to a fifth this year to support the rest of the staff. spain has the most confirmed cases of coronavirus in europe, exceeding 14,500 deaths, but while the country remains a lockdown, others are taking a different approach. translation: we can see that all around us they keep spouting quarantine, curfew. it would be a piece of cake. we could do it within 24 hours, but what will we eat? belarus has seen its cases rise above 1,000, with 13 death

the world trade organisation has warned that the coronavirus pandemic will cause, "the deepest economichave been holding a remote news conference. 0fficials warned that global trade could fall by as much as a third because of the outbreak. the wto director general, roberto azevedo, said in the face of such adversity nations should maximise all potential drivers of growth, to try to re—start the global economy. even before we hit the virus, we we re even before we hit the virus, we were already not doing great. particularly in terms of trade expansion. we saw in 2019 actually a decline in trade of 0.1% which is basically zero. we were stagnating. in the last quarter of last year at those numbers were high. we were actually going into a file for trade already. even before this happened. that was largely due to uncertainties we have seen and the international economy and to the trades stations out there and it would be great if we could come out of this reverting a lot of those problems that we have seen even before the crisis hit. just want to bring you some breaking news. you will be awa

health organization, and i will ta ke health organization, and i will take it a step further, world trade organisation years ago. years ago. many years ago. from the day china came in, thatis from the day china came in, that is when china bloomed. that is president from delivering the latest news conference, the daily news conference, the daily news conference from the white house. the president has been speaking for about a0 minutes. just to give you a summary of what he has been saying. he said republicans in congress are getting closer to a deal with democrats on another potential stimulus deal to rescue the economy. —— they will stay in touch with governors and he said he is prepared to use the defence production act two compel medicals of then—president trump has given a number of figures. he said the united states is procuring 100,000 ventilators and descending some to mexico. he also said that more than a million tests been carried out. it is worth saying thatjohns hopkins university would have been monitoring deaths in america says that ai,000 deaths in america says that a1,000 people in ameri

the world trade organisation wa nt the world trade organisation want the pandemic could cause the deepestn in living memories. the bank of france that the nation's economy contracted 6% in the first quarter, putting it in recession, despite the news the finance minister promised to keep the current support measures in place. translation: we will maintain them for the duration of this health and economic crisis. we have made a choice and i see it as a choice of responsibility to protect these skills and employees rather than in the united states, having millions more unemployment claims every week. one of spain's biggest football teams, real madrid, said its place was reduce wages by one fifth to support the rest of the star. spain has the most confirmed cases of coronavirus in europe, exceeding 14,500 but while the country remains a lockdown, others are taking a different approach. translation: we can see all around us they keep spouting quarantine, curfew. it would be a piece of cake. we could do it in 24 hours, but what would we eat? belarus has seen its cases rise above 1000 with 13 de

the world trade organisation warns the pandemic could cause the deepest economic recession in livingsaid the nation's economy contracted 6% in the first quarter, putting it in recession, despite the news, the finance minister promised to keep the current support measures in place. translation: we will maintain them for the duration of this health and economic crisis. we have made a choice and i see it as a choice of responsibility to protect these skills and employees rather than in the united states, having millions more unemployment claims every week. one of spain's biggest football teams, real madrid, has said its players will reduce wages by up to a fifth this year to support the rest of the staff. spain has the most confirmed cases of coronavirus in europe, exceeding 14,500 deaths, but while the country remains a lockdown, others are taking a different approach. translation: we can see that all around us they keep spouting quarantine, curfew. it would be a piece of cake. we could do it within 24 hours, but what will we eat? belarus has seen its cases rise above 1,000, with 13 de

the world trade organisation warns global trade could fall by as much as a third because of the coronavirushe's ending his bid to win the democratic party's presidential nomination, clearing the way forjoe biden.

the move comes after the world trade organisation warned the pandemic will cause the deepest economicession in living memories. currently, we rely solely on each member state. these safety nets are facing an unprecedented pressure in some parts of our union. that is why we welcome the creation of a temporary european instrument to support national safety nets in this process. with quarantine measures leaving countries counting the cost of the outbreak, ministers say they will work hard to make funds available within two weeks, but the discussions went without problems. talks broke down on wednesday without an agreement including a dispute between italy and the netherlands about how to apply the recovery fund. this emergency plan will shield oui’ this emergency plan will shield our economic and social fabric as we dive into a recession. when the health crisis abates, we will need to spur the economic recovery. it is imperative that we grow together. the eurogroup described the rescue package as unprecedented but is still a third of the one point 5 trillion euros the european central ba

the world trade organisation warned the pandemic will cause the deepest economic recession in livingnce said the nation's economy contracted 6% in the first quarter, putting it in recession, one of spain's biggest football teams, real madrid, has said its players will reduce wages by up to a fifth this year to support the rest of the club's staff. spain has the most confirmed cases of covid—i9 in europe, with a death toll exceeding 14,500, but while the country remains a lockdown, others are taking a different approach. belarus has seen its cases rise above 1,000, with 13 deaths. their president questioned the benefits of introducing a lockdown, suggesting countries should focus on resolving economic issues instead. italy has seen a slowing in coronavirus deaths, prompting fears people may ignore the lockdown restrictions on the easter weekend. while austria's chancellor has announced plans to start easing some of the restrictions, despite this being against world health organization guidance. but while the fight to preserve human life continues, europe's economic health is deteriora

the world trade organisation predict that what 0t may fall by 32% this year.e secretary of state embrace common sense and recognise the need for a brexit extension? show some leadership, face down the hardliners and the tory party, extending the brexit transition, and let us all get on with the job of tackling this health crisis together. first of all, if his desire is to avoid more uncertainty, then the right thing for us to do is double down, get a deal by the end of this year. if his desire is to dig ourselves out of the economic challenges that we face, then the a nswer challenges that we face, then the answer is not to engage in perfect unison but you do this deal, give a shotin unison but you do this deal, give a shot in the arm to businesses on both sides of the channel. that is what we are focused on doing, and as one united kingdom. the company programme run by young and treatise offers the opportunity for young people to offer this goes and new world situations. but my right honourable friend agree with me that providing financial education and skill

stars and they traded against this virus and it worked against this virus and it worked against that self they started training in patients. it was thejoy of the world health organisationd to china, they sent their mission there and they said it is the most promising drug but now we are getting to be a beta coming out and showing that yes, it can change the course of this disease. we are all desperate for good news, how significant is it? we have not got all the data, that what makes it really difficult to know how significant it is because what the doctor said as about all but in terms of the official beta as well. reduction of 15 days down to 11. there are some suggestions it reduce the death rate but that's not quite reached a statistical significance and people aren't sure if the effect is real yet and they want to see it improving the chances of surviving because a drug that makes symptoms milder but does not affect the death rate is not useful. get a real desire to actually see all the detail, all the data from this trial and all the other trails involving this drug get a complete picture of how effective it is because no doubt about it if there is an effective d

the organisation for economic coordination and development, a group of countries brought together to stimulate economic progress and world tradeisis, so how does this compare? organisation in the last global crisis, so how does this compare7m is different but it is worse. it is going to affect the social, the human side, the health side, but it will leave very big wounds and eventually scars, on the economic side because of the perhaps hundreds and thousands of smes whose livelihoods will be at stake. then of course the very seriously hit sectors like tourism, like the services sector, the hospitality sector, and all the businesses associated with that. right now i had a very serious conference and uc the explosion in the us, all these unemployment claims happening by millions over a few days. i will just show you how dramatic, how brutal the problem will be. just show you how dramatic, how brutalthe problem will be. sure. your organisation has revised down forecasts for global economic growth forecasts for global economic growth for this year, but you have revised it down to 1.5% and you now say that looks optimistic. do you

world health organization. i'm delighted they have been welcomed by the medical royal colleges, the bma, the medical royal colleges, the bma, the royal college of nurses and the trade unions. any health or care organisationsystem, and i want to make sure that every part, every part of it, is supported. i have therefore made £300 million available for funding for community pharmacies, who do so much to get vital medicines to people and play such an important part in their communities. they themselves are the nhs front line. and today to help nhs trusts to deliver what is needed without worrying about past finances, i can announce that i am writing of £13.a billion of historic nhs debt. —— i am writing off. this landmark step will not only put the nhs in a strong position to be able to respond to this global coronavirus pandemic, but it will ensure that our nhs has stronger foundations for the future. this is only one part of the future. this is only one part of the picture. i quite understand as well where people are yearning for the certainty that good testing provides. i get it. public health england can be incredibly proud of the world beating work they have done so far on testing. the roll—out of publ