Business Daily Folgen

Why are stock markets so buoyant as the global economy slides into a possible coronavirus-induced depression? Some 33 million Americans have lost their jobs in the past two months of the pandemic, yet the Nasdaq market is now higher than it was at the start of the year.The financial markets and the economy have been described as two staggering drunks tied together by a rope. Manuela Saragosa explores this odd analogy and how it applies to the current disconnect between share prices and jobless claims, with the help of Jane Foley, financial strategist at Rabobank.Meanwhile emerging markets are experiencing unprecedented financial outflows that risk undermining their ability to limit the damage Covid-19 does to their economies, according to Martin Castellano of the Institute of International Finance. Yet in the US, the Federal Reserve had no problem staving off financial calamity by promising to do whatever it takes, says Fed economist Julian Kozlowski.Producer: Laurence Knight(Photo: Drunken couple. Credit: Getty Images)

The English Premier League's plans to finish the season after weeks of shutdown. Almost all major European football leagues have been on hold since March due to coronavirus. Ed Butler speaks to BBC Sports journalist Emlyn Begley about missing live football and his new love for the Belarusian league - the only place in Europe still staging matches. Football finance expert Kieran Maguire explains why failing to finish the season could cost the Premier League more than $1bn. And football club chairman Mark Palios says the current plan of playing matches behind closed doors is not an option for less wealthy clubs in lower leagues.(Photo: Anfield Stadium, home of Liverpool FC, after the shutdown of the league in March. Credit: Getty Images)

Could economy minister Paulo Guedes be the next key ally to abandon embattled President Bolsonaro?A corruption scandal has already seen the popular justice minister walk away. Meanwhile Bolsonaro fired his health minister as he seeks to reverse his own government's lockdown on the economy. With the official number of Covid 19 cases in the country surpassing 100,000, we hear the frustration of a doctor on the frontline.As for the economy minister, the BBC's South America business correspondent Daniel Gallas explains how this proponent of spending cuts and privatisation is coming to terms with a hugely expensive income support programme backed by Bolsonaro. Plus economist Monica de Bolle of the Peterson Institute explains why she fears that despite these measures, her country could be on the verge of a depression.Presenter: Manuela Saragosa Producer: Laurence Knight(Photo: People using protective masks wait in line outside a Caixa Economica Federal bank branch in Sao Goncalo, Brazil, to receive urgent government benefit amidst the coronavirus pandemic. Credit: Getty Images)