Biden: Trump May Be The Only President To 'Leave Office With Fewer Jobs Than When He Took Office'
Democratic candidate Joe Biden responded to the August 2020 jobs report showing unemployment fell to 8.4% down from a 22.8% high in April, but warned the economy is still struggling. Aired on 09/04/2020.
Fmr. aide to Pres. Obama David Plouffe joins to explain why he thinks the first debate between Joe Biden and Donald Trump may be the most consequential night of the rest of the 2020 campaign. Aired on 09/24/2020. President Donald Trump and former Vice President Joe Biden's campaigns have promised stark contrasts in policy, personality and preparation during the first presidential debate. Joy Reid explains why Donald Trump's advantage in the first presidential debate of the 2020 election is that he understands how to project a persona on TV. Aired on 09/29/2020. The International Monetary Fund and World Bank started their annual meetings in Washington, D.C., this week.
The IMF published its latest World Economic Outlook on Tuesday, forecasting the global economy will contract by 4.4% in 2020.
The IMF said China, however, holds the distinction of being the only major economy projected to achieve growth in 2020, forecast to hit 1.9% for the year.
And in its outlook, the IMF said it expects China's growth will accelerate to 8.2 percent next year.
In an exclusive interview, CGTN's Yin Yue spoke to Vitor Gaspar, Director of the Fiscal Affairs Department of the IMF, about global economic recovery and what fiscal risks China and world face now.