And how they are working with diversity and how they are changing the company with what that means. Seasons season is officially underway. Scarlet fu is here with some of the highlights. Scarlet i wanted to start big picture, as with banking and other parts of the economy, the stronger getting stronger and the weak are getting weaker. Citi leaning on their trading business. You can see that jp morgans revenue soared thanks to training. Record revenue for a second straight quarter, and equity rising more than 30 . At citi we saw trading surging 68 and with companies trying to raise cash as quickly as possible, investing got a boost as well. Wells fargo does not have the same wall street operation. If you look at wells, reported a loss 2. 4 billion. The first quarterly loss since 2008. Nine and a aside half billion dollars for credit losses. See jp morgan putting aside 10. 5 million. That is the biggest loan loss provision in its history, and it shows us how covid19 affected the economy
From john hopkins showed the crown a virus or past half a 1000000 deaths over the weekend with more than 10100000 and factions worldwide while the overall death rate has flattened in recent weeks Health Experts are concerned of a possible resurgence as new cases are indeed spiking australia recorded its largest daily outbreaks in april 11th with 85 new Coronavirus Infections in 24 hours now the country is looking to place more restrictions including social distancing guidelines and as the European Union opens its borders the European Commission declined to comment on the list of countries whose citizens will be allowed to enter the e. U. In the coming days. Were not going to speculate on what is going to be the final decision by the council we of course understand the huge interest that this issue raises. But for the moment do is a process of Decision Making process in the council. And we do not want to speculate on what the final result will be and amid a spike in coven 1000. 00 cases
Data from john hopkins showed the crown a virus surpassed half a 1000000 deaths over the weekend with more than 10100000 and factions worldwide while the overall death rate has flattened in recent weeks Health Experts are concerned of a possible resurgence as new cases are indeed spiking australia recorded its largest daily outbreaks in april 11th with 85 new corona virus infections in 24 hours now the country is looking to place more restrictions including social distancing guidelines and as the European Union opens its borders the European Commission declined to comment on the list of countries whose citizens will be allowed to enter the e. U. In the coming days. Were not going to speculate on what is going to be the final decision by the council we of course understand the huge interest that this issue raises. But for the moment do is a process of Decision Making process in the council. And we do not want to speculate on what the final result will be and amid a spike in coven 1000.
Soldier on the ground so this is a show you how deep the relations are between washington and hospital. All of sudden being indicted publicly right before a meeting with Trump Administration is i think a blow coming from the European Union who does not want washington to continue managing the situation control in kosovo dont forget that this is a totally failed situation 20 years after the war there are still massive persecution against serbs christians minorities in kosovo 150. 00 churches are going to strike you can also since 99. 00 yeah its a big story this is going on for such a long time we are out of time for this morning on it but nicholas most of its political analyst thank you so much for your input will continue to follow this and the twists and turns of it see what happens to him next but that is it for now at 931 counts 1 32 in the morning moscow time this tuesday reporting from here our h. Q. Its kevin owen and thanks for your company have a good day. The boom. We go to w
But a quick History Lesson in economics you know people talk about socialism what is socialism business idea that labor has value and that people want to take part and the means of production. Starting in the 1980 s. That became obsolete because all wealth was tied to money printing today in 2020 so that would be 40 years later this phenomenon 1st socalled activists and labor rights activists and workers are getting out that the problem is not the means of production the problem is the money printers and theyre taking. This is the bus the one that in the show you cant afford to miss. In washington coming up u. S. Markets higher on monday after fridays sell off well tell you whats driving markets and more help for a tro on strike in germany after employees voiced their concerns over the virus infection show today so lets go into. Data from john hopkins showed the crown of our surpassed half a 1000000 deaths over the weekend with more than 10100000 and factions worldwide while the overal