Trump Announces a $19 Billion Bailout for Ailing Farmers

President Donald Trump announced a $19 billion bailout package for farmers hurt financially by the coronavirus crisis. The aid plan includes $16 billion in direct payments to farmers to boost their incomes, along with $3 billion in government purchases of meat, dairy products and other foods, the president said Friday at a White House briefing. … Read more Trump Announces a $19 Billion Bailout for Ailing Farmers

Covid-19 – France: food banks keep busy to feed families

This is one of the consequences of the coronavirus pandemic: local food banks are now really busy in France. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: … Read more Covid-19 – France: food banks keep busy to feed families

Keiser Report | What Went Wrong With Warren Buffett | E1542

Check Keiser Report website for more: http://www.maxkeiser.com/ In this episode of Keiser Report, Max and Stacy discuss the simple puzzle of the Chinese finger trap that children often fail to solve because they panic when they should relax. This applies to the economic system in which the Fed and, to a lesser extent, the government … Read more Keiser Report | What Went Wrong With Warren Buffett | E1542

NY schools distribute free meals as Covid-19 pandemic deprives Americans of work

Over 80,000 people died of Covid-19 so far in the US, as the coronavirus pandemic continue to take its toll. In New York, one of the epicentres, schools are being used as food banks, handing out free meals to the hardest-hit by the crisis. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: … Read more NY schools distribute free meals as Covid-19 pandemic deprives Americans of work

Rise in Credit Costs Key Danger For Japan Banks’ Profits: Analyst

May.15 — Brian Waterhouse, founder and partner of Windamee Research, discusses the health of Japanese banks amid the coronavirus outbreak. Waterhouse says the greatest danger to the lenders’ profits is the potential rise in credit costs. He speaks with Haslinda Amin and Rishaad Salamat on “Bloomberg Markets Asia”.

Amal Clooney urges Australia to be ‘a leader in human rights’ during Senate inquiry

Human rights barrister Amal Clooney has urged Australian MPs to introduce laws to allow for the use of targeted sanctions against human rights violators around the world. Appearing via video link, Clooney warned that authoritarian governments and individuals will use the cover of the coronavirus crisis to permanently erode civil liberties and conceal abuses. She … Read more Amal Clooney urges Australia to be ‘a leader in human rights’ during Senate inquiry

Bank Earnings Take Hit From Coronavirus

May.14 — Bloomberg Television’s Erik Schatzker hosts a roundup of earnings reports from the world’s biggest banks, with financial leaders discussing how their quarterly results were affected by the Covid-19 pandemic. Guests include Morgan Stanley Chairman and Chief Executive Officer James Gorman, UBS CEO Sergio Ermotti, Barclays CEO Jes Staley and Credit Suisse CEO Thomas … Read more Bank Earnings Take Hit From Coronavirus

Shares down as India rolls out 60 bln U.S. dollars initial stimulus package

Indian shares slid on Thursday, with banking and IT stocks falling the most. This came as the government announced nearly 60 billion U.S. dollars worth of loan guarantees for small businesses, shadow banks and power companies. Over 120 million people lost their jobs in India last month. Researchers say more than half of them are … Read more Shares down as India rolls out 60 bln U.S. dollars initial stimulus package

India May See ‘Flattish’ U-Shape Recovery, Elera Capital Says

May.14 — Garima Kapoor, economist at Elara Capital, talks about the Indian government’s efforts to support the economy amid the coronavirus outbreak. The government offered $62 billion in credit lines to small firms and the shadow banks that fund them, and another $10 billion to the electricity distributors as it gears to restart the economy cratered … Read more India May See ‘Flattish’ U-Shape Recovery, Elera Capital Says

Significant Fall in Australian Job Adds Seen, Says Seek’s Banks

May.13 — Kendra Banks, managing director at Melbourne-based online job listing service Seek Ltd., looks at how the coronavirus outbreak is affecting labor markets in Australia and other economies in the region. She speaks with Haidi Stroud-Watts and Shery Ahn on “Bloomberg Daybreak: Australia.”

Powell Warns of Broad Virus Danger, Bats Down Negative Rates

The U.S. economy faces unprecedented risks from the coronavirus if fiscal and monetary policy makers don’t rise to the challenge, Federal Reserve Chair Jerome Powell said while pushing back against the notion of deploying negative interest rates. “The recovery may take some time to gather momentum, and the passage of time can turn liquidity problems … Read more Powell Warns of Broad Virus Danger, Bats Down Negative Rates

India’s PM Pledges $265 Billion Package To Revive Damaged Economy

India will provide collateral-free loans worth $40 billion to boost liquidity for small businesses and help the economy tide over the coronavirus outbreak. The loans will benefit up to 4.5 million small businesses, Finance Minister Nirmala Sitharaman said in New Delhi on Wednesday. The program will be open until Oct. 31. “Essentially this is to … Read more India’s PM Pledges $265 Billion Package To Revive Damaged Economy

Students start project linking farms to food banks | WNT

FarmLink has delivered more than 250,000 pounds of food in the last three weeks and has a goal of sending out 1 million pounds by the end of the month. WATCH THE FULL EPISODE OF ‘WORLD NEWS TONIGHT’: https://bit.ly/3fHdgpj WATCH OTHER FULL EPISODES OF WORLD NEWS TONIGHT: http://abc.go.com/shows/world-news-tonight WATCH WORLD NEWS TONIGHT ON HULU: https://hulu.tv/33iKepm … Read more Students start project linking farms to food banks | WNT