I think they injected some 14 billion of over the last 24 hours. Don of tom china without question are acting. I agree with you, oil is critical. Really pricing. I took saudi light in the now,nal price we are at 19. 79 1979 is are you go back to to get under 20 a barrel. I have said this last four or five days. The decline in the last in the u. S. To year yield screams lower for longer. Francine we will have a look at that, quite extensively. We will also talk about emerging markets. Lets get to first word news in new york city with viviana hurtado. Viviana we begin with a report on the impact of the coronavirus on the oil market. Global demand for oil will plunge this year by a record 9 , according to the International Energy agency. The slump will thwart efforts by the opecplus coalition to contain the glut of crude. April will be the hardest hit month. Fuel use will shrink by almost a third. Now to president donald trump. He is temporarily halting payments to the World Health Organi
A do or die primary contest in South Carolina lashes out of front runner Bernie Sanders democratic the. Egypt announces 3 days of National Mourning us hospital barak who ruled the country for 3 decades dies. 3 days of violence in indias capital has left at least 18 people dead more than 150. 00 have been injured in one of the most violent riots in a decade of the fighting began in muslim majority areas in delhi it started after a local leader from Prime Minister Narendra Modis party called for protesters to vacate the area tony bertie reports from new delhi. The suburbs of jeffrey bad in belgium bora in northeast delhi have become battlegrounds in the fight against indias citizens Amendment Law for the 1st successive day Security Forces fought with protesters both for and against the law. This man says he was shot in the foot by Police Shotgun pellets why when nobody would i was standing with my mother and sisters protesting peacefully when police and people with the mob started firing
880 and traffic is beginning to back up. Youre going to be driving on good freeway, then you will see slowing approaching Dixon Landing road in millepedis. Otherwise, the commute seems lighter than usual. There are a couple of minor slowdowns here and there, but at the bay bridge, it is light. 7 01. Lets go back to the desk. Happening today, californias attorney general will hold a News Conference about a joint operation with Union City Police focusing on a double homicide late last year. Authorities say they have made arrests in connection to the shooting deaths of two boys in union city. It happened just before thanksgiving. 14yearold shawn washington and 11yearold Kevin Hernandez were inside a van in the School Parking lot when someone opened fire. The sit and run suspect accused of injuring three pedestrians in San Francisco is due in court this afternoon. This happened wednesday at the intersection of mission and 23rd street. Police say 62yearold Steven Kernen of San Francisco was
From my going to your backyard or for better. Or for. A move. Into this it is. Starting to. Christmas is here and that means well big business for many will take a look at what retailers are expecting in europes biggest economy and all shoppers here in berlin to deal with the more frustrating parts of gift giving. Also on the show well look at chinas growing economic influence over the past year on its massive infrastructure spending. This is your Business Report im stephen bears in berlin thanks for joining us. Its one of the most important periods on the christian calendar and for the Business Books christmas time is critical for retailers above all who rely on strong sales to make up for slower parts of the year the good news in countries like the u. S. And germany is that fundamentally strong economies look to drive strong sales at the stores and online but there are also downsides clark wrapping presents 3 shifts a day thats all these employees do here at a Department Store in cen
A book. Or movie all over. It is that if theres. Something to. China theres a trade pact with the u. S. And continues its massive Infrastructure Project to ease access to Global Markets will have a closer look at the new silk road and talk to our correspondent about chinas ambitions. Also on the show christmas means well big business for many well take a look at how retailers did this Holiday Season. This is your Business Report im Stephen Beers in berlin thanks for joining us u. S. And china have signaled that theyre ready to submit their phase one trade deal beijing said wednesday its preparing for a signing ceremony that follows earlier statements by u. S. President donald trump and his trade negotiator robert light hisor who said the ceremony will take place in the 1st week of january the mere announcement of the deal has already encouraged markets which have rallied in recent weeks but uncertainty remains china has yet to confirm some details in the agreement. Ever more on this im