If we can bring the board up. Gold up 0. 2 . A lot of Market Participants looking at the Earnings Results and european stocks. Now lets get to the bloomberg first word news. Hi, laura. Thanks. Global coronavirus cases have topped 15 million. The u. S. , india and brazil account for nearly half of all confirmed infections and fatalities. Texas reported its biggest daily number of deaths. Australias budget deficit is set to hit a post world war ii ecord. The deficit will be more than double what it was the past year. It comes amid a surge in spending to mitt gate the impact of the virus on the economy. There are still some challenges times ahead. We continue tonight the decisions to provide support in the economy. We do have to get back into situation revival. The employees on their own income rather than rely on taxpayer support. Francine italy funding to rescue the economy hit by the pandemic. Bloomberg has been told the extra money will be used to help businesses and provide subsidies
Afshin rattansi were going underground here at the green felt tower in london arguably emblematic of a year of continuing post twenty zero eight crash collective economic punishment coming up on the show from grand fellow officer verity to yemen and venezuela from legendary journalist john pilger the oscar winning director Barry Jenkins we look at some of our favorite interviews of the and riots this christmas we speak to jeremy call been shot a lot Johnson Richard and the man who served seventy isnt an indefinite sentence about why the government just still not releasing thousands to have that time all the civil coming out today is going underground but first while teresa mayes commissioned inquiry into the ground. Which killed at least seventy one people has already been met with skepticism by the local community it has media dominated by the effects of a financial crash nearly ten years ago and doggedly the powerful using identity politics to divide the working class Barry Jenkins w
Yemen despite a humanitarian one person is believed dead in todays latest strike. On sunday is christmas for many Orthodox Christians or run the world and not include in russia. Pictures from christ the savior cathedral the center of orthodox christianity in moscow with the service has been ongoing for more than two hours weve got updates from our correspondent coming. Around the clock across the world this is our Team International from the team and myself you know neil welcome to the program a fourth day of progovernment marches has been held in iran tens of thousands of people have been rallying to show their support for the countries of the. It comes in response to a seven day off pricing triggered by poor Living Conditions that engulfed over eighty six. God. I. Rock rock. Rock rock. While on a friday night the United Nations Security Council at washingtons request held an emergency meeting to discuss the situation in iran russia criticized the move saying that iran should be left
I mean, up or down. Lets just see. The european markets have been open for some time. There we can give you some actual answers. Also, well, largely down other than the ftse in the uk which is up. But no great moves there. Thank you for italy and spain in the control room. I like to see a broader picture other than the big three. As for crude oil which we go to next, 2. 276. Wti back above well above its kind of a stealth move there a little bit. Thats all talk ahead of the opec meeting. Hot air . Yeah. The saudis have cut back by 500,000 barrels because the u. S. Is increasing by that much in if next four months. So interesting. Well talk oil during the show but lets start with retailer. Two are falling sharply. Tiffany with a surprise drop in samestore sales and lowes also missed on its top line. Plus, were awaiting a new outlook from the fed. The u. S. Futures are more or less flat after the longest winning streak is extended. Over in china, a downgrade. Moodys lowers its rating on
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