They may have a new lead. Im brian thomas good to have you with us today germany has unveiled the biggest stimulus package in its history in an effort to lift the country out of a coronavirus induced recession the 130000000000 euro plan will slash taxes and money to families and incentivize businesses to keep training workers some quarter of a 1000000 people lost their jobs in may alone bringing the total number of unemployed to about 3000000. After 2 days of intense talks their marriage with 50000000000. 00 euros more than anyone expected and a dramatic surprise aimed to get g. M. Inge reaching for their wallets will be cut by 3 percent until the end of the year. Were missing the 1st of all to see it would know that a long time and we need to make sure that everyone has the courage to investigate and to make sure that the consumer demand rights is to unseat. For weeks Industry Leaders have lobbied hard for a marriage and see help in the end there was a little for everyone thought and
They may help a new lead. Us couples break out in Hong Kong Legislature as lawmakers vote on a Controversial National anthem bill the latest measure imposed by chinas hard line president xi jinping. Im serious so its got to thank you for joining us it is the biggest in u. S. Package in germanys postwar history the measures agreed on by the government after marathon talks are aimed at helping the countrys economy recover from the coronavirus lock down the 130000000000. 00 euro plan includes cutting the sales tax giving cash to families and providing extra funding for minas apologies. After 2 days of intense talks their marriage with 50000000000. 00 euros more than anyone expected under a dramatic surprise aimed to get germans reaching for their wallets v. H. D. Will be cut by 3 percent until the end of the year. Vehemence and because you know that along dont we need to make sure that everyone has the courage to invest again and to make sure that the consumer demand rises to unseat. For
U. S. And scuffles broke out in hong kongs legislature as lawmakers vote on a Controversial National anthem bill the latest measure imposed by chinas hard line president xi jinping. Plus the disappearance of a british toddler Madeleine Mccann from a resort portugal has been uncivil unsolved for 13 years now police in germany think they may have a new lead. Im sumi so much got to thank you for joining us it is the biggest stimulus package in germanys postwar history the measures agreed on by the government after marathon talks are aimed at helping the countrys economy recover from the coronavirus lock down the 130000000000. 00 euro plan includes cutting the sales tax giving cash to families and providing. Extra funding for municipalities. After 2 days of intense talks their marriage with 50000000000. 00 euros more than anyone expected and a dramatic surprise aimed to get germans reaching for their wallets the 80 will be cut by 3 percent until the end of the year. Were missing the physio
Delivery of 7 . Look how we are in terms of the major indexes. Asian markets, most in losses tracking to 3 drop on wall street overnight. Opened slightly earlier love earlier. Slightly lower earlier. We are watching petrochina down at this point in time. The hang seng, down about 1 . Kong announced an expansion of its restrictions aimed at curbing the spread of covid19. That would weigh on the economy even more. The sti, down more than 3 . This is a market that returned to bull territory recently and citi said investors are pricing in post recovery. Singapore reports higher cases, more than 1000 for the second day running. I want to dial back to the oil story because we see oil moving to the upside after two days of unprecedented action and a spectacular selloff. Opecplus ministers holding an unscheduled conference to discuss what has been going on. The closing statement signals there are no new measures planned at the moment. Lets bring in mliv asia editor. Oil is on the up. We had tw
There are growing questions about the strength and the direction of our economy. Uncertainty, stemming from the u. S. China trade tensions, various International Hot spots, softening Global Economy and warning signs in the bond markets are making people nervous. When people get nervous, they sit on their money. A lot of companies are sitting on their cash, resulting in the first decline in Business Investment in three years. Individual investors are doing the same thing. The Business Community is calling on leaders in washington to make smart policy choices that will restore certainty or confidence, not just undermining. Here are the three quick things that could make a positive difference. Resolving the trade tensions with china is critical into keeping our economy on track. We sent a business delegation to beijing prior to the administrations announcement that it would delay the last round of tariffs for a few weeks. It is a tradition that we have been following for a long time. Two