Of while building a war mexicos president meets donald trump at the white house. Thank you for joining us we begin the program with some breaking news the Prime Minister of ivory coast amadou gone coulibaly has died at the age of 61 the president says the nation is in mourning bally was taken to hospital after he fainted during a Cabinet Meeting he had to return to ivory coast last week after a prolonged stay in france for a heart exam lets speak to nicholas talk to now who is in senegal a force as some of us 1st of all what else do we know of around what happened. Well the death was Just Announced moments ago but it happened around midday today he was just before he went into the company bidding he went on twitter to say that hes back into the country and hes back in action and on twitter hes working for the decades to come and for the future generation really setting the tone that he will be the next president ial candidate for the upcoming election in the vendor in iraq. Coast just
Conflict foreign interference has reached on precedented levels and building relations while building war us president tales what he describes as a tremendous relationship between his country and mexico. And the thank you for joining us the Prime Minister of ivory coast am a dual gone coulibaly has died at the age of 61 the president says the nation is in mourning bally was taken to hospital after he fainted during a Cabinet Meeting he had returned to ivory coast last week after a prolonged stay in france for a heart exam because more now from dakar in senegal. This is a big blow for the president because with this comes a political crisis a political void the question is now who will replace coulibaly who was the chosen successor to want to or are expected to run in the next upcoming president ial election in october and whoever will come next will have to defeat the candidates which are only going to be a former president of ivory coast a heavyweight of the opposition and the young n
Quickly. And staying strong. The worlds top iron ore prices are among the highest out of china. Shery lets get you started with another check of how markets are trading at the moment. Futures underu. S. Pressure as stocks fell to the lowest level in two weeks. We are seeing it down 0. 7 . Than 2 ,00 lost more same for the dow and the nasdaq. The dow losing more than 700 points. We had the sharp increase in virus cases, adding to economic anxiety. So risk off positioning was very strong last week. We did get positive data over the weekend, signs that the chinese economy is continuing to recover and profits rebounding in may for the First Time Since november. Take a look at what oil is doing because it continues to fall. Actually, we saw a second week of declines, the second weekly decline since april. We continue to have these lower prices after a cautious rebound, now headed towards 37 a barrel for wti. We also had chesapeake filing for bankruptcy in the u. S. , one of the biggest vict
Authorities warned against reopening too quickly. Sending a message to facebook. More advertisers cut spending. Anchor asian markets are setting up. Virus cases continue to accelerate, not just in the u. S. But closer to home. Lets go over for a look. I am looking at the numbers, it looks like a trading week. That backdrop, futures are pointing lower this monday ahead of hancocks anniversary. Trade data do from the city this monday. Morning, thehis economic fallout from the virus, higher jobless reports. We have a downside picture across asia. Checking in on commodities, lets check in on oil. Losing ground. Near a 2012ing high. Higher prices expected. Australia does see gold expert warnings hitting a record 22 billion in 2020 through 2021, before easing in 2022. We have to big picture that good gold could top 1800 an ounce. Global virus has hit grim milestones. Cases in tokyo rose by a daily record. Japan had lifted a state of emergency last month. In the u. S. , governors are struggli
Cheevers coronavirus cases rise in many parts of the world with easing lockdowns. Also one of englands most diverse cities has been told to continue pandemic restrictions even as the rest of the country is about to relax them and the white house says it will brief democratic politicians on reports that russians funded taliban strikes on u. S. Soldiers in afghanistan. Have you with us its a development that whole cause prodemocracy movement have been fearing for years progovernment told called media are reporting that chinas top legislative body has passed a National Security law for the territory that will crush Political Freedoms the legislation aims to cement beijings control over the semi autonomous territory and reshape the future of one of the walls Major Financial Centers beijing has circumvented hong kong. Only legislature to impose the legislation. Brown is standing by for us with reaction out of hong kong but 1st lets cross over to beijing where katrina you is there for us liv