Being done to keep Hong Kong School students safe while they sit there most importantly. And why shipment of saudi oil heading for the United States is causing controversy. Well the figures are getting more mind boggling by the day on how the coronavirus pandemic is affecting the worlds biggest economy the United States is tracking towards 50000 deaths and 1000000 100000 confirmed cases the President Donald Trump is set to approve a bill worth nearly half a trillion dollars thats to fund hospitals and Virus Testing and to keep Small Businesses afloat it was agreed in congress over 2 sessions with members standing apart and Wearing Masks its the 4th aid package so far means the United States will have spent almost 3 trillion dollars to prop up its economy. The pandemic has left more than 26000000 americans out of work in just 5 weeks all the jobs created since the end of 2009 recession have been wiped out thats one in 6 United States jobs trump though says the economy will bounce back q
The s p 500 are lower. Wti trading at 5. 31. We have a lot to discuss about the oil markets. The 40s and staying there. The dollar index inching ever higher. Sticking with the oil markets, we had that etf halted earlier today, as it was tapped out. Lets take a deeper dive in the oil market with taylor riggs. Taylor as you mentioned, a risk off tone across the board even as we look across asset. High yield of debt is down, so is copper. 10 year yields down to 56 basis points or so. The lowest yields going back to march. The dollar is stronger, treasuries are stronger. Dollar is ruling in this time of stress. Something else going on in the oil markets, on the uso etf, it was briefly halted for volatility trading. It is now reopened but we are still down. It does reflect the changes we have seen in the wti contract. It has been plummeting along with the price of oil. If you look at the chart im showing in my terminal, something wonky is going on in the etf market, given there is such a ru
Supposing we hit the body with a tremendous whether its ultraviolet or just a very powerful light and i think you said that hasnt checked that youre going to test it and then i said supposing it were delayed inside the body you can which you can do either through the skin or. In some other way and i think you said you can attest that sounds interesting right in that i see the disinfectant but not say that in a minute one minute and is there a way we can do Something Like that. Injection. Or almost a cleaning because you see it gets in the lungs and it does a tremendous number or so be interesting to check it so that you can have to use medical doctors with. Well you know that a ceasefire in yemen has been extended for one month according to a spokesman for the saudi u. A. E. Coalition their original 2 week truce was declared after the u. N. Secretary general called for a global ceasefire because of the coronavirus yemens Health Care System is already on the verge of collapse and more t
We were effectively at the lower bound already, so that is coming in at 25 basis points. The Canadian Dollar was already weaker before this. It is weaker now by 1. 5 versus the u. S. Dollar. Lets take a look at where we stand markets wise. We knew after the retail sales data we would like to down, and we are. Awn 2. 4 for the s p 500, and move for the 10 year yield is well back down to 66 basis points. Crude oil has recovered ever so slightly. We were at the 19 handle for most of the morning. 42. Vix is back up to what is happening in europe, guy . Btp spread is widening out. It seems every nation for themselves. It seems there will be no mutualization of debt. Every sector is a negative territory right now. The banks and the oil stocks are the worst performers. You got a pound on offer, the dollar generally bid today. The market is looking for a little bit of safety today. Vonnie arent we all . Lets get you our first guest. We are delighted to be joined by joseph stiglitz, Columbia Un
Definitely not what the doctor ordered madagascars president and the herbal remedy that could put his people at risk. To suspected members of the syrian president s Security Forces go on trial in germany on torture charges. Hello thanks for joining us new figures released in the u. S. Paint a picture of an economy devastated by the coronavirus in just 5 weeks all the jobs created since the end of the 2009 recession have been wiped out so take a look at the numbers last week another 4400000 americans filed for Unemployment Benefits its the 3rd week that number of new claims has declined a sign the worst of the shock may be over but this is what it means a record 26400000 americans have now lost their job since the end of march thats when lockdowns shut down production and led to mass stuff for a lowes thats more than 15 percent of the entire u. S. Workforce are White House Correspondent kimberly begins our coverage record highs and expected to keep climbing because the reason we dont be