Sectors what told with these cuts have on the Global Economy and how are markets reacting we have a packed show today so lets dive right in. And we lead our show today with a possible reprieve in the ongoing Oil Price War between russia and saudi arabia which has sent the commodity plummeting russian president Vladimir Putin announced friday his country is ready to cut production as long as other major producers follow suit saying quote according to preliminary estimates i think that we could talk about it were duction in the volume of about 10000000. 00 Barrels Per Day a little less maybe a little more adding and i believe that when i talk about partnerships everyone including our partners understand that we can talk about a reduction from the level of production that prevailed before the crisis so far this year all prices on major. Benchmarks brant crude in west texas intermediate have been cut in half due to the crowbars pandemic and the ongoing price war. And as the number of cases
Later with the drop in commerce the globe over jobs have been slashed in several sectors what toll with these cuts have on the Global Economy and how are markets reacting we have a packed show today so lets dive right in. And we lead our show today with a possible reprieve in the ongoing Oil Price War between russia and saudi arabia which has sent the commodity plummeting russian president Vladimir Putin announced friday his country is ready to cut production as long as other major producers follow suit saying quote according to preliminary estimates i think that we could talk about a reduction in the volume of about 10000000. 00 Barrels Per Day a little less maybe a little more adding and i believe that when i talk about partnerships everyone including our partners understand that we can talk about a reduction from the level of production that prevailed. Before the crisis so far this year oral prices on major benchmarks brant crude in west texas intermediate have been cut in half due
Global pandemic still taking thousands of lives the universal death toll is now at nearly 94000 that with more than 1500000 confirmed cases the u. S. Remains the country with the largest number of cases with more than 451000 the death toll continues to climb with nearly 16000 fatalities the main model used by the white house now predicts even fewer deaths its down 260400 15 thats down from the 82000 shown on tuesday well new york state alone has more confirmed cases than any other country with more than 200000 the centers for Disease Control and prevention put out new guidelines for essential workers. If theyre asymptomatic is the vice president. Thank you go back to work if they do several things as we say here take their temperature before they go to work wear a face mask at all times and practice social distancing when theyre at work meanwhile europe is also seeing signs of a potential slowdown but its models show the death toll will surge 2151000 deaths during the 1st wave of the p
Locked out just what impact are the measures having we break down some recent info from google and what we now know about how people are reacting to the shutdown and later with the drop in commerce the globe over jobs have been slashed in several sectors what toll with these cuts have on the Global Economy and how are markets reacting we have a packed show today so lets dive right in. And we lead our show today with a possible reprieve in the ongoing Oil Price War between russia and saudi arabia which has sent the commodity plummeting russian president Vladimir Putin announced friday his country is ready to cut production as long as other major producers follow suit saying quote according to preliminary estimates i think that we could talk about it were duction in the volume of about 10000000. Errols per day a little less maybe a little more adding and i believe that when i talk about partnerships everyone including our partners understands that we can talk about a reduction from the l
This includes masks and protective suits this comes as the u. K. Reported over 5500. 00 cases and 282. 00 deaths germany acted quickly and is hoping its School Closures and their social distancing have helped but not curve but they wont be able to confirm that until at least wednesday this while germanys Prime Minister and the merkel remains in quarantine awaiting results of a krone virus test now spokesman stuff and cyber told reporters that merkel is doing quite well in this country with the chancellor is doing well so she led the Cabinet Meeting by telephone of the day temporarily doing her work from home so she had herself tested for the coronavirus today now well wait for the results and see what happened was fully meanwhile new cases in china have practically halted they only have 39 confirmed cases on sunday all from travelers arriving from abroad Chinese Foreign ministry though slammed the us for blaming china for the. Endemic. The u. S. Government announced a total ban on the