The concern about the stronger currency, not to worry just yet. We saw that euro jump. Ist weakness on brexit sparking a rebound in the dollar. Your offshore renminbi, we are set to break six weeks of gains. 683 right now. That is below 40 right now. We have copper also and gold on the back foot. Oil prices on track for the biggest twoweek drop since what we saw back in april. Lets get to the first word news, we have Karina Mitchell. Senate democrats have shut down a relief plan proposed by republicans. They failed to get the 60 votes they needed. Estimatedican plan is at anywhere between 500 and 700 billion dollars. The democrats are proposing to. 2 trillion. 2. 2 trillion. Boris johnsons government refused to scrap plans to reignite the divorce accord. The eu is threatening legal action if the u. K. Does not drop the legislation within three weeks. Thes president has painted an optimistic picture. Economic data suggests a strong rebound. They kept policy on hold for Economic Contract
Were all in this together on together to make it. Stick to save everyone. Stay safe stay safe increase stay safe. Nigeria such restart International Flights into and out of the country will accuse an economy thats struggling under local oil prices and most likely already in recession. And it could be the worlds biggest i. P. O. Investors are eager for ali babas mobile payments arm bands to file for a joint listing in shanghai and hong kong. Also on the show argentina want to support a struggling economy with china 1st thing in the countrys pork but a fireman all groups say no. Welcome to the show im Stephen Beers in berlin its good to have you with us nigerias thats reopened for International Flights 5 months after closing airport gates to halt the spread of the krona virus the closure threatened tens of thousands of jobs and put airlines there in a tailspin that theyre still struggling to get out of our correspondent fanny fox our reports for. These roads are usually packed with cars
Hello im kristie one to welcome to news africa its good to have your Company South africas economy has had some 3000000 jobs because of the current rise pandemic as a result many people whove lost their income have had to leave the cities and move back to their villages. Or travel to the Limpopo Province to meet one woman who was forced to make the move but as it turns out it could prove as an opportunity to start something off her own. When cynthia tom bonier needs water she can no longer open the tap that she could drown was quite a few weeks ago she lost her office drop in the city and moved back to her village down to collect water from her neighbors to. This was im hoping to get more on taking so that i can connect my way to st because everything in the 6 you do is inside the house so theres no hospital outside. Except going maybe jogging mo going to wake. Her daughters remains in the village while their mother spent 80 years in the city working to support them trips home where it
Boris johnson sparked outrage. News out ofing south korea. We are getting the jobless rate falling to 3. 2 percent. The expectation was that the jobless rate would come in at 4. 2 percent so this is much better than expected. We are also talking about the sixth straight month of decline in jobless rates. That 270 4000ring jobs were removed in august from a year earlier. We know that south korea has seen its government really boost those job creation efforts not to mention we could have seen domestic demand being held by the Summer Holiday season and more jobs being available. The government pushing for a fourth extra budget. This is of course helping workers and businesses who lost income due to the latest restrictions and jobless rates. 3. 2 . In for august at watch out for what happens later in the following months given we have seen this flare up in virus cases towards the end of august, haiti. Haidi. Haidi pretty dire numbers coming out and we continue to watch what happens when it
Flat tire. He is on the squawk news line. What happened . Flat tire first day back with my driver. We are on 78 which leads to the new jersey turn pike which is where andrew was the other day we are getting close to the lincoln tunnel i had to wait and have another driver pick me up. That worked. The only problem was we got a flat in the express lane we had to pull over on the median with semis going by on both sides the whole car was shaking. I was like, okay, ill never be there again. So i take it, you changed the tire i could have. The first thing i did was say, look, youve got to go over that median and get over to the right. Thats just asking for a problem. Seriously dangerous at 6 30, i will be there at 6 20 there might be a correction coming you guys can explain to me honeywell . I thought it already was it was in, it was out and back in i think this is the First Time Since 2013, well see three dow components come out. Now good luck. We are going to see changes coming i will tel