A jewish settler is found guilty of a racially motivated arson attack that killed 3 palestinians catholic churches hold public mass and its need for the 1st time in 2 months for francis lees spray is at the vatican. Thank you very much for joining us china is defending its handling of the coronavirus pandemic the president xi jinping has been speaking at the World Health Organization is on your list 70 speaking virtually of world other World Leaders including fund says president president she says beijing has always been transparent about coronavirus and is promising 2000000000. 00 in aid to tackle the pandemic that speak to katrina you who is live for us in beijing katrina china has always been criticized for the way its handled this pandemic and president xi in his speech a short while ago was very defensive. Thats right i think president xi is well aware of this brawling and China Sentiment around the world because of the spread of the coronavirus 1000000 you know hundreds of. Lots
Lagarde,at, christine madame gore gave a of the International Monetary fund, and your conversation with Andrew Bailey. Francine if you distill what we are trying to do, there are three main questions what kind of recovery and recession will be get, the inflationary versus deflationary debate, and the economic scarring. We will try to do that with the bank of england and the imf, touching on what countries may need support in the future. Christine lagarde also extremely interesting because it will be the first time we hear from her since the German Court Decision so we will hear from her about the legality or not about what they did. Tom the complexities of this German Court Decision, George Saravelos out with a blistering note, wondering even if the ecb will respond to the german court. We respond to our first word news. U. S. And china trade negotiators will speak as soon as next week to try to make progress in implementing a phase one deal, President Trump threatening to terminate th
Remain independent. Economy ts, the global takes precedence over the geopolitical tensions between the u. S. And china. The price of the bailout. Brussels set its criteria for backing the state aid pac package from berlin. We are just under an hour away from the start of cac equity trading in europe. Ets take a look at where the u. K. Markets were closed yesterday. They didnt get that take part in the risk on rally that we saw across the continent. We also see u. S. Equity futures rising. U. S. Cash trade was also closed yesterday to honor the memorial day holiday. As a result we see futures in new york up about 2 on the dow and nasdaq futures as well as s p futures up 1. 8 right now. Lets get your first word news. Here are todays top stories from the bloomberg terminal. Once a virus hot spot in europe, italy reported the fewest cases since february. Below 100 for a second day. The global death toll tops 340,000 with 5. 5 million cases confirmed. In england, Outdoor Markets and car sho
The Global Economy is on its way to a long lasting global recession and its latest Global Financial stability report the International Monetary fund said the bank sector will struggle to generate profits through 2025 and White House Health adviser Dr Anthony Fauci told the n. B. C. Prolonged lockdowns could end up causing reparable damage while still warning that states over relaxing social distance restrictions too quickly well new Coronavirus Infection surged in latin america the region surpassed the u. S. And europe with the largest number of new cases in just one day and mexico are also contributing to those high numbers Mexican Health authorities reported a daily record spike of more than 2100 73. 00 infections on thursday alone while argentina pushed its critical deadline for its 65000000000. 00 debt latin americas 3rd largest economy agreed to continue talks with their creditors through june so. And in a rare move china dropped its g. D. P. Target for 2020 the worlds 2nd largest
The Global Economy is on its way to a long lasting global recession and its latest Global Financial stability report the International Monetary fund said the bank sector will struggle to generate profits through 2025 and White House Health advisor dr anthony cheek told the n. B. C. Prolonged lockdowns could end up causing arab reparable damage while still warning that states over relaxing social distance restrictions to quickly well new Coronavirus Infection surged in latin america the region surpassed the u. S. And europe with the largest number of new cases in just one day and mexico are also contributing to those high numbers Mexican Health authorities reported a daily record spike of more than 2973 infections on thursday alone while argentina pushed its critical deadline for its 65000000000 dollar debt latin americas 3rd largest economy agreed to continue talks with their creditors through june 2nd. And in a rare move china dropped its g. D. P. Target for 2020 the worlds 2nd larges