Economies reopening against rising chinau. S. Tensions. They prepare another budget. In theavirus controversy u. K. Boris johnsons top aide refuses to resign, breaking the governments lockdown rules. Will come to the program. Manus and yousef are still off with the markets closed for the eid holiday. We were just discussing the focus on the reopening story, rather than the tensions between beijing and washington. Forulus is in focus investors, whether thats for singapore or japan now. Feelgoodit is a tuesday, never mind the gdp targets for the year slashed, with a 7 contraction. The worst performance ever since independence back in 1965. Here is how its looking for the asian markets. Nikkei 225 up by 2. 4 . We talked about how japan will be reopening its economy. This is a state of emergency and all of the country, not just japan. Giving a boost to the nikkei 225. Surging by 5 . Up one point 6 . Consumer confidence rebounding from 11 years lows 11 year lows. Well below 100. It outnumbe
Down big right now. In an attempt to get back to business in texas. Were going to speak with one restaurateur about how it went and what he sees ahead it is monday, may 4th. This is Worldwide Exchange right here on cnbc good morning, good afternoon, or good evening, welcome to wherever in the world you may be watching. Im Brian Sullivan the question is this, will the second trading day of the month be better than the first right now it certainly does not look like it dow futures are off about 240 points the dow opening the month on friday, losing more than 600 points it was the nasdaq hit harder Big Technology down over 3 . Apple, amazon, the big names you know disappointed some investors. Although its not gone negative again, oil is a big risk to the markets and investors as well and crude oil is down again. That is that june contract its higher as you look out july and august right now oil down as well as we have reported often over the last week or so, just a reminder, even as deman
A few short weeks of stay at home orders being implemented across the country the Washington Post reports that according to the u. S. Department of labor more than 17000000 new jobless claims have been filed in the past 4 weeks and in fact last week saw 6600000 americans applying for Unemployment Benefits in just one week and all the tea leaves are reading that this is just the beginning my friends and that these numbers could actually be on the conservative side of things. But its not just the United States of america facing massive amounts of unemployment new new new new new all around the globe jobs are being lost in record numbers thanks to the covert 19 pandemic in fact the International Labor organization well they now estimate that working hours will decline by 6. 7 percent in the 2nd quarter of 2020 which is equivalent to 195000000. 00 full time workers the aiello director general guy ryder sudden a statement to the media that quote this is the greatest test for International C
Department of labor more than 17000000 new jobless claims have been filed in the past 4 weeks and in fact last week saw 6600000 americans applying for Unemployment Benefits in just one week and all the tea leaves are reading that this is just the beginning my friends and that these numbers could actually be on the conservative side of things. But its not just the United States of america facing massive amounts of unemployment new new new new new all around the globe jobs are being lost in record numbers thanks to the code 19 pandemic in fact the International Labor organization well they now estimate that working hours will decline by 6. 7 percent in the 2nd quarter of 2020 which is equivalent to 195000000. 00 full time workers the aiello director general guy ryder sudden a statement to the media that quote this is the greatest test for International Cooperation in more than 75 years if one country fails then we all fail we Must Find Solutions that help all segments of our society part
Greetings and salutation. Carnage catastrophe chaos and a host of other adjectives are springing forth this week as the unemployment numbers not only here in the United States but around the world begin to pour in and those were just the adjectives that started with the letter c. You see there was also some very specific adjectives starting with the letter f. That i cant really use on t. V. When people began to really look at those sobering statistics because how bad is it well here in the United States after just a few short weeks of stay at home orders being implemented across the country the Washington Post reports that according to the u. S. Department of labor more than 17000000 new jobless claims have been filed in the past 4 weeks and in fact last week saw 6600000 americans applying for Unemployment Benefits in just one week and all the tea leaves are reading that this is just the beginning my friends and that these numbers could actually be on the conservative side of things. B