World Bank Pledges $200M to Fight Ebola Virus

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Aug. 11 (Bloomberg) -- In today's "Global Outlook," Bloomberg's Betty Liu reports on the top headlines from around the world on "In The Loop.”

Time for the global outlook.

Turkey's prime minister erdogan has won the country's first direct presidential election.

Has been in power for 11 years, the victory gives him another five.

Ebola spreading and nine jerry at -- ebola spreading in nigeria.

10 confirmed cases and two patients had died.

The outbreak is the worst ever, almost 1000 have died from the virus.

Regarding the ebola virus, charlie rose spoke to the president of the world bank, jim yong kim.

The organization has latched $220 million to the fight against ebola.

Here is what dr.

Kim said he hopes to become bush.

-- hopes to accomplish.

I've been talking with director general of the world health organization.

The hope is the worst part of the crisis can be brought under control in a week.

And we can't distinguish it -- and we can extinguish it in three months to six months.

At of the $200 million, $75 million will go to immediate needs.

One thing she told me, many of the health workers are leaving.

They are not getting paid very well.

That governments do not have funds.

This immediate infusion of cash from the world bank is going to help with the immediate response.

What she also told me was that on the ground they need everything.

They need mobile laboratories, mobile clinics.

They need protective gear.

There has been a lot of talk of helping.

What we hear from her and from others on the ground is that countries that have pledged to help need to step up quickly.

Remember, this is something we can get under control.

His is not an airborne infectious disease like sars.

We have to move quickly.

If we do, we think we can get it under control.

This is the worst example of ebola in history.

It is.

About 1000 cases from one country to another.

It is the worst epidemic in history.

As an infectious disease doctor, i want to stress, i have dealt with tuberculosis, and airborne infectious disease.

I was helping to run a transition in 2003 at the end of the sars epidemic.

This is different.

If we move quickly and get all the technology, all the supportive care and medical doctors and nurses, if we get them in place, we can shut this down.

But we have to move despite the fact that there is all this fear.

There's a tremendous amount of fear.

The fear cannot slow us down.

We know what to do if we have the equipment, we can make progress and quick progress.

You think the organization, the collaboration and coordination including the world bank is in place to be able to move quickly?

Everyone has to understand that if these leaders, you have three leaders of these countries who are well-known for being champions and fighting corruption, champions of good governance.

We have good leadership in these countries.

Everyone have to work with the world health organization.

During the sars epidemic, the who play a critical role.

They are ready and have to play a critical role this time as well.

Margaret chan is ready to do it.

She was in charge of the sars response in hong kong.

She knows what to do.

There's a little bit too much freelancing.

We want everyone to follow the

This text has been automatically generated. It may not be 100% accurate.


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