Petroleum output by nearly. 1. And the imf and the world bank prepare to meet amid the worst downturn since the 1930s. The new reality of economies, collapsing train and mounting unemployment. Shery lets get you started with the markets. U. S. Futures are higher after u. S. Stocks posted the biggest weekly gains since 1974. Nikkei futures higher half a percent as we had a closeout a twoweek high. Take a look at crude. We have the historic opecplus decision, finalizing record cuts of 9. 7 Million Barrels per day, the single largest in history. Wti is gaining ground. Mexico alsoafter joined the conversation and agreed to cut 100,000 barrels per day. We will have more coming up. That is right. After several days of the virtual talks, global diplomacy finally ended in a Historic Deal to cut oil output by nearly. 1 . Destroyed oil prices. President. Great to have you. Can we breathe a sigh of relief . The cuts that have been announced, if there is adherence to those, and we have additional
The economy as early as next month. Almost 2 Million People have died worldwide. The imf and world bank prepare to meet amid the most down the worst downturn since the 1930s. The new reality of collapsed trade and mounting unemployment. Oily we are seeing reversing gains as much as a percent at one point in london. 25 , sames now down for wti. We had the reduction coming from opec and its allies are that would have been the sickest single largest in history. Goldman sachs but says it is insufficient. U. S. Futures gained at the open, reversing earlier prices. The nikkei futures also down 1 . We have markets closed on holidays including australia and new zealand. Global cases also affecting sentiment in the markets. Those cases rising towards 2 million with the United States the epicenter of you break after fatalities in the country surpassed italy. There are signs of optimism in the hotspots like new york. Lets bring in Sophie Kamaruddin with the latest. We have seen President Trump. A
Order. Will everyone please rise and join us for the pledge of allegiance. pledge of allegiance roll call please. Brian stansbury. Present. Paskinjordan will not be here today. Leona bridges, present. Al casciato. Malia cohen. Next item please. Closed session. Do we need to call for Public Comment before going into closed session. Is there any Public Comment . Seeing none, we will close Public Comment a is there were just coming out of closed session. Is there a motion not to disclose . Is there a second . Ill second it. Take a vote on this . Do we take it without objection . Great. Item four general Public Comment. Before starting general Public Comment, i would like to make a quick announcement. I defer to commissioner makras. In the loss of mayor edwin lee. Thank you. Public comment. Are there any members of the public that want to address the commission . Im sorry, i have the speaker cards. I didnt realize the green things in front of me. Go ahead and start and then ill call everyo
Company could file for accuracy as early as monday. At the end of the day, this is a fascinating story gone wrong. Set aside some money to fix the land from its production, basically. They do the thing where they say, we will take care of it ourselves. In note on their balance statement. They had 90 days to get more money to get insured. It could be a potential reason for why the money thats why they had declared bankruptcy. That is might we see more like this . He could be the domino effect. Alix they could also be under pressure as well. Betty much more ahead. Top stories. Alix this high with funding bill. Transit money will continue and we to three states will pay the bills until the end of october. 91four. Proved by bill there are roadblocks standing in the way increase in Interest Rate. They say they want to see some additional gains before raising rates. The former fed governor said there is a scenario in which the fed may hold off for a little while. Inflation has been quite low
Backstreet boys flashback with his dad. How he went from touring with dad to broadway. What about joining a boy band . Now for march 11th, 2016, this is entertainment tonight. Nancy reagan, laid to rest. America says its final goodbye to one of the most influential first ladies in our history. Thanks for joining us, everyone. Samantha harris is with me. About 1,000 were invited including four first ladies and after days of public viewings, nancy is back beside her be husband president ronald reagan. Kevin frazier is there with our exclusive coverage. Today we honor a woman who really just provided so much to our country. What do you remember most about nancy r well, on the personal front, she was always so gracious and welcoming to me, but i also remember her strength and her resolve following the attempted assassination of her husband. She really helped to guide our country through that when my father was shot and my mother rushed to the hospital they at first wouldnt let her see him.