This of course, the saudis are flooding the world with oil right now. The russians, its not clear where the heck they are because theyre very secretive, but i know who is not there, the drivers. Theres very little demand david and i talk about this with you all the time, carl theres this overall sense, you know what, if we just get things moving, things will come back again. We need customers. We need customers to get their hair cut, to go to the dry cleaner, the restaurants, and we need customers on the road without them, i really dont care what president calls who, you need a tariff to keep the to keep the saudi oil from coming here, and you need the chinese to restockpile, and frankly, thats still not going to be enough to be able to make it so oil real demand goes higher good point yeah. Sorry, carl. 6 Million Barrels a day, jim, is what im hearing right now as we still try to adjust. Even know we know each others cadences so well 6 Million Barrels a day here and its not just not j
[inaudible conversations] welcome to politics politics and prose so we will jump right in. Please silence your cell phones we will be recording audio and video. To ask the same questions there will be a signing behind the register and then he will sign them and just prop them against the surface when were done thank you. Finance editor from the New York Times reporter and editor at the wall street journal david enrich before that and a reporter in new york winning numerous journalism awards previously the author of the Spider Network how the scheming bankers pulled off in history which was the book of the year so his newest book dark towers donald trump and the epic trail of deception and its relationship with us president and then to demonstrate the evolution and character to become the global face of financial malfeasance please welcome david enrich to politics and prose. [applause] hello. Ive had a lot of book events im not kidding six people in the room this is awesome so i will ta
President trump warns of hard times ahead, as u. S. Health ,000cials estimate 240 americans could die. Global stocks fall. The worst is yet to come. Warns that investors asset prices have further to fall. Jeff good luck says expect the panic of march. A debt binge. Companies raise a record 752 billion last quarter. They look to build up cash buffers. The Carnival Cruise airbus cash in on credit rebounds. Lets take a look, first off, at futures, down across the board, as i said, after big losses in asia overnight. U. S. Stocks also closed lower at the end of the day. Europe was up. We have catchup to do in terms 3. 5 e drop, now down about on european futures. U. S. Equity indexes also trading lower, but not as severely. What do you see on the gmm . Anna yes, so we see a negative session for the asian markets. Asian equity markets under pressure, the japanese nikkei down, south korean market, hong kong all looking weaker. Bears back in control at the start of the Second Quarter. It is a
A 1000000 coronavirus tests are being rolled out across africa as the continent steps up its fight against the pandemic. Could again be set for a truce the countrys u. N. Envoy says he expects want to be agreed in the immediate future. Hungry and exhausted hundreds of bringing the whole rescued but others starve to death on a refugee boat. Good to be with us and welcome to the news are the wide long term effects of the coronavirus pandemic are becoming even clearer as lockdown measures begin to show an effect on infection numbers the British Foreign secretary says easing restrictions now could undo progress thats been made and a few hours ago the u. K. Extended lockdown measures for at least another 3 weeks. In the u. S. The number of unemployed continues to rise rapidly a further 5000000 people have registered as jobless in the past week and thats on top of the 17000000 who applied since the shutdowns began and its also hope that some of that Economic Impact will be shouldered by 7 of
The wings to give you the morning update in just about an hours time. The imaginary tense youre going underground is after an Afghan Taliban collapses donald trump attempts to end the u. S. A. s longest military war using airstrikes coming up in the show one of the negotiators in concert of the Vice President of afghanistans National Assembly goofy on ridding her country of Foreign Forces after a conflict that has killed countless afghans and wounded or killed thousands of nato soldiers since 911. 00 and deal bound to end in failure we talked to one of pakistani pm imran khans. Pakistans minister for Economic Affairs how my design are about prospects for peace stability and the end of american imperialism all this of all going on with todays going underground but 1st 8 years ago today the taliban killed 6 british soldiers bringing the total u. K. War dead in afghanistan since 911. 00 to about 400. 00 then tory Prime Minister. David cameron who would only months before launched another