Point on renault. There is no question the labor economy overwhelms everything else. The depression of labor is absolutely front and center into this week. With all the other news and distractions as well, the labor economy, globally, is stunningly week. Francine we will have a lot of folks on unemployment across the world. Ritika in minneapolis, a third night of violent protests over the death of a black man who died in police custody. Protesters torched a Police Station and a number of businesses were also burned. Demonstrations spread to other cities in kentucky over another police shooting. The president called the rioters thugs and threatened to send in the national guard. This came hours after the president issued an executive order seeking liability protection. Earlier this week, twitter began selected factchecks of his tweets. Today, President Trump will announce his response to chinas crackdown on hong kong. The president says he is not happy with new legislation that curves f
Angela merkels coalition hammers out a 130 billion euro booster shot for the economy including Infrastructure Investment and rebates for electric cars. Only one option for the ecb today. The central bank is seen boosting its emergency Bond Buying Program by 500 billion euros. Some investors say anything less would cause a shock similar to marches selloff in peripheral debt. Falling in line. Hsbc and Standard Chartered both back to beijing when it comes to the proposed security law in hong kong. The latter saying it will maintain stability in the region. We are just under an hour away from the start of cash Equities Trading. Lets take a look at what futures are doing. We see red arrows, albeit small red arrows. Ftse futures down 2 10 of 1 . Dax futures unchanged right now. We are starting to see you as futures actually turn higher u. S. Futures actually turn higher. Dow jones is rising. S p and nasdaq futures still down. It looks like weve had some incredible gains. It would be Pretty A
Action now we are in the preparation but this is a big thing for the banks. You know the action we are in before now are becoming entireliness to take intoation for the reduced amount renault rallies on a plan to revamp with a plan with nissan and mi and. In hong kong, legislators debate a Controversial National anthem bill. A warm welcome to street signs this morning. European markets have been open about an hour now. Weve seen stocks advance. Going about 40 basis points higher we saw the risk on trade come higher in europe, we had travel and leisure going about 20 . A lot of reopening of the economies and airways with germany coming into focus to lift its warning for travel around europe in midjune. A lot of hopes around the summer months and the reopening all eyes on the European Commission we are looking to see whether they build on the french german agreement around a Eu Recovery Fund later today a lot of attention around the fiscal response. Weve heard from the ecb and the questi
This is a very unprecedented time. Three priorities in this period. The first is the health and safety of our employees. If we can all stay healthy what stay healthy, we can be part of the contribution here. Even under adverse conditions, we are trying to maintain manufacturing of our food and beverage products. And then with the physical presence in 187 countries, it is very important to us that we also give the helping hand over and above the call of duty around the world where we are present. And on the business continuity, mark, do you have all of your raw material supply guarantees . Crisisminute we saw this spread, we were trying to improve inventory levels at all. Evels of manufacturing obviously there was very little time, and i think flex ability is what is required right now. You do have logistics constraints. Sometimes you need to resort to airfreighting. Sometimes that takes longer or capacity is limited. It is all about managing in a very tight way this crisis and ensuring
Theres no better place than to be in the u. S. To step back and ask what do we have achieved in the last. Years when i look back i see that in the last years europeans have begun to understand that they can in a european way that we must pave our own way to stay relevant in the 21st century for me is in the way europeans are changing the way they look at themselves and starting to see you are as capable of being strong and being sovereign. We europeans often do not see ourselves as being powerful when you look at europe you probably see facts you see 450 million citizens you see 27 countries united around a common political project. You see a quarter of the gdp. You see the bigger straining blood and probably we hope you see diplomatic power. When we europeans we look at ourselves we often do not see this power. We see we sold out divisions disagreements. Consensus on important decisions. And this is changing. It is changing because of my front president is putting a lot of energy the