Aljazeera will bring you the news and Current Affairs that matter to you. Ill just interrupt. Hello im come all santamaria this is counting the cost on aljazeera your weekly look at the world of business and economics this week boyle just because youre resource rich in 2020 doesnt mean youre making money well look at the economies of some opec nations which arent making a cent in earnings thanks to the price crash the coronavirus also oil versus lithium as called screw for green economic recovery post pandemic maybe green power could be the death knell for crude. And saudi arabia the oil giant whose Economic Diversification has led it to the north east of england but critics are accusing the kingdom of trying to sports watch its human rights record. Look we all know were in the middle of a storm like no other right now and really its no one even if you are a country with oil sure some of the bigger players are doing ok though even saudi arabia is cutting subsidies and raising taxes but
Politics. Awaiting the mistakes of the past World Leaders call for any cause at 19 vaccine to be free and available to everyone. For Testing Facilities and examine means the number of covered 19 cases could be much higher in a country already ravaged by war. 2 vs later and still behind bars Human Rights Group calls on saudi arabia to release a group of womens rights activists. In this news hour with jobless figures out of the United States 3000000 people a file for Unemployment Benefits in the past 7 days brings the nationwide cigarette to more than 36000000 since coronavirus lockdowns began at mid march shell White House Correspondent can be how could joins us now live so kimberly how do these numbers add to the picture that were see. Well thats a very bleak economic picture because these layoffs are happening across all sectors of the u. S. Economy and what were also starting to see now is in issue only these were in sort of the Restaurant Industry or retail but now as businesses rea
Weve had a pretty eventful 36 hours. The price of oil, we look at the mechanisms that led to that. We will look at markets. We had an interesting note on the pound. Brexit has taken a little bit of a back step with so much, the lockdown. Yesterday was the first day of talks resuming on brexit between e. U. U. K. And e. U. , the saying they will not extend the transition period. We begin this busy newsday with wti true crude again below 0 dollars a barrel, recovering from yesterdays wipeout which saw plunges in new york of up to 41 a barrel, the first time they have gone negative in history. The june Contract Trading above 20, spread reflecting growing concern over shortage of storage space. The u. S. Has information north Korean Leader kim jongun was in Critical Condition after surgery last week, according to an official. His current status is not known. The Trump Administration seeking more details. South korean Officials Say kim is conducting normal business. President donald trump s
A live report on the Aerospace Giants latest move and oil. Think as Storage Capacity amid a massive decline in demand we take a look at the petro sector and what lies ahead for energy in a packed show today so lets dive right in. As the worldwide total of corona virus cases has officially clips 3000000. 00 the World Health Organization is director general on monday address the easing of lock downs in europe due to the klein in new cases on the continent. The new hope is was declining number of new cases. We continue to urge countries to find isolate test and treat all cases and tress every call to ease sure these declining trends continue. But the pundit make is far from over w. H. O. Warned that while western europe may be seeing declining numbers there is a concerning upward trend in africa Eastern Europe latin america and some asian nations the director general also spoke about the importance of the world coming together to fight this in future pandemics i continue to call it for th
Are stuck at home. One on one with Lindsay Vaughn you are watching Worldwide Exchange here on cnbc welcome from wherever in the world you may be watching. Im Brian Sullivan it is early but looking like yesterday could be kind of a one and done for the equity markets. Stock futures are flat to slightly down. That benchmark index still down 3 for the week. Nasdaq down under 2 big tech has been outperforming as of late oil trying to stabilize after an incredibly volatile, record breaking week. We are at 15 and change on u. S. Contract slightly under 22 on international internationalal trade. Yesterday, the president warning any u. S. Ships to destroy iranian vessels that come close to them at sea and a regular lator that will shut down an oil well is not at risk of losing that well long term that may lead to more shutdown and decrease of production we want to keep a close eye on the uso etf. It has been halted a numerous time over the last couple of days normally, this would just buy the