Around 250,000. The u. S. Planes china. Blames china. Warren buffett bails out of u. S. Aviation. He says the coronavirus has changed the Airline Industry forever. Shery breaking news out of south korea, getting Consumer Price inflations. It is an deflation territory. This is now a contraction of 0. 6 . This is a bigger decelerations when itt was expected. Comes to the year on year figure, a little bit better, still accelerating, 0. 1 . Suffice it to say there is a lot of pressure on Consumer Prices and we have had social distancing measures continue to dampen command demand. You strip out a little bit of energyactors including factors, cpi still accelerating 0. 3 but missing expectations. This would lead to more pressure on the bank of korea to do more. Bloomberg economics expecting a 28e cut as soon as the may meeting and further measures to bolster liquidity. Look at how markets are trading, seeing Downside Pressure for kiwi stocks falling more than 1 , the lowest level in more than
Killed as a warship hits a vessel from its own fleet. A powerful politician and a top aide to the democratic republic of congos president goes on trial in a corruption case. Abused and overworked on a diet of fish baits the allegations from indonesian fishermen that have prompted a joint investigation with china. U. K. Government has released a report to detail in how it plans to lead the country out of the pandemic changes this week include removing limits on outdoor exercise and encouraging certain sectors to go back to work the senate gago reports the still confusion about Prime Minister barak johnsons latest guidance. In it for the long haul and an easing of the lockdown that is conditional on progress in fighting the virus as the Prime Minister set out the new measures for england it was clear that there would be little that would be returning to normal sectors that are allowed to be should indeed be open subject subject to social distancing with a cabbie at this pandemic was goin
And disinfectant could be treatments. Also testing times in the u. K. The Government Faces more criticism over the way its handling coronavirus checks. And muslims around the world to stick to social distancing guidelines at the start of the holy month of ramadan. And then scored the 1st round of the n. F. L. Draft takes place that virtually the cincinnati bengals. Quarterback alex you. Yell burrows big moment arrives in his parents the living room. Welcome to the Program Leaders from around the world have announced that theyre teaming up to deliver and develop a Coronavirus Vaccine little bit excessive alter all the programme is being called a landmark collaboration work called start with a global pledging effort next month aimed at raising 8000000000. 00 the un and politicians all stressed the need to make any vaccine widely available to everyone there was a notable absence from the meeting the United States which says it has no official involvement this is a landmark collaboration t
Redefine what the European Union is all about hello everyone for france 24 on false hope to god in paris and im melinda crane for dutch of ella in berlin in the European Union health care has always been handled at the National Level so as the corona pandemic swept the continent it was nation states that were calling the shots even between close e. U. Neighbors borders were closed crucial medical exports were stopped and solidarity was looking pretty illusory but that is now changing with french patients for example being treated in german hospitals yeah and millions out with a crisis that were 2 months into which shows some are calling the biggest test for this continent since world war 2 a lot of questions Going Forward the french president and you and michael calling it a moment of truth ahead of thursdays Virtual Summit there are those that are eyeing dick de confinement and then other nations that are doubling down what common response can france and germany often dubbed the motor
Selling but the glut looms over the market. The politics of the pandemic. The u. S. And china continue to trade barbs over their handling of the crisis. Washington says the world has been let down. Breaking news out of south korea. We are getting First Quarter gdp numbers quarter on quarter, seeing the biggest drop since 2008. Young talking about a contraction of 1. 4 . It is still a little bit better than expected. The expectation was a contraction of 1. 5 but it will still be the First Quarter on quarter retraction since 2009. The year on year number rising 1. 3 , is also bigger increase and was expected. It was expected it would only gain 1 . It is also growing this rise of 1. 3 year on year coming after growing more than 2 in the past two quarters, so it is still a slowdown from the previous quarter. We are seeing manufacturing taking a big hit, a contraction of 1. 8 for the Fourth Quarter and also contraction from the previous quarter. We are seeing the hit on retail trade, accomm