Donald Trump’s new task force is devoted to getting businesses up and running again in the United States. And that’s not going down well with a number of governors who say the U.S. president doesn’t have the authority to force states to reopen. All this as the IMF warns the world is facing the worst recession since the 1930s. CGTN’S Yin Yue caught up with Gita Gopinath, the IMF’s Chief Economist, who had a rather grim outlook for the world economy.
To discuss:
- CGTN’s White House Correspondent Nathan King.
- Einar Tangen is a political and economic affairs commentator.
- Anthony Chan was a former chief economist at JPMorgan Chase & Company.
For more:
In @AP interview, Dr. Anthony Fauci said it was important for him to go to Trump’s daily White House briefings to answer questions, but called the duration of the sessions “really draining.” https://t.co/sBCKhcUV6G
— The Associated Press (@AP) April 14, 2020
Three potential COVID-19 vaccines are making fast progress in early-stage testing, but it’s still a long road to prove if they’ll really work. https://t.co/LLTIOkInp0
— AP Health & Science (@APHealthScience) April 14, 2020
#COVID19 pandemic expected to have dramatic impact on economic activity in 2020. Global economic downturn could exceed that of 2008–09 financial crisis.
Get details on the World Economic Outlook from @IMFNews. https://t.co/cf6jmVmobO pic.twitter.com/VIrTZiwiEc
— United Nations (@UN) April 14, 2020