19 min listen
SQUAWK BOX, WEDNESDAY 15TH APRIL, 2020
ratings:
Length:
26 minutes
Released:
Apr 15, 2020
Format:
Podcast episode
Description
No more cash…President Trump withdraws U.S. funding of the World Health Organisation, slamming the agency for fundamental failures in tackling the global Coronavirus pandemic and for having a pro-Chinese agenda. In response, Germany’s foreign minister says strengthening the WHO is the best investment. The IMF warns of the worst downturn since the Great Depression, but its chief economist tells CNBC that the global economy remains in far better shape to weather the storm than it did in the 1930s. In corporate news, bad-loan provisioning has weighed heavily on profits at U.S. lenders JPMorgan and Wells Fargo. JPMorgan CEO Jamie Dimon believes the U.S. economy won’t fully reopen until the summer. Plus, a $25bn aid package is agreed to help the U.S. aviation sector after the Coronavirus outbreak cripples the travel industry. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Apr 15, 2020
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, TUESDAY 19TH MARCH, 2019 by Squawk Box Europe Express