Beijings critics. U. S. Fans travel from brazil to reduce the threat of nuclear of the virus infections go to south america the south American Country has the worlds 2nd highest infection rate its president has been out pressing the flesh in defiance of lock down guidelines. And the cultural dilemma in the face of a pandemic. You cant put a protective mask on an opera singer nor on a wind instrument player with budget bolshoi theater and many other venues close until further notice d. W. Finds out how performers a coping without a stage. Im still go welcome to the program a Top German Court has ruled that volkswagen must pay compensation to customers who bought v. W. Diesel cars fitted with software that manipulated emissions test results the landmark ruling in the diesel gate scandal paves the way for tens of thousands of others to receive damages the federal court of justice said anyone who bought a v. W. Car equipped with software that manipulated emissions tests is entitled to comp
Us over time significantly closer to what i have called the pre covid inflation path while allowing us to monitor how some Key Developments unfold. Taking off british carriers hitting the top of the stoxx 600 as signs point to a recovery in the industry. Oil prices rising on the news opec and allies will meet tomorrow in a signal there may be consensus onextending outpu cuts a warm welcome. We are waking up a day after the ecb meeting. Lets look at some of the Market Reaction to the meeting. The euro has climbed to a threemonth high while italian bond yield on the back of the decision to ramp up the stimulus plan the euro trading about 11 basis points higher to 11347. The ecb will double its Bond Purchasing Program to 1. 25 trillion euros the ecb president Christine Lagarde ses they still face a contraction of 7 this year. They dont expect inflation to rise leaving it far below the 2 target she said she hoped the boosted bond buying will steer inflation back to pre covid levels collect
Im going crazy thing in full time. How to handle a new allies in times of the koran a pandemic d. W. Report or keep your job good news or flicker notes and shes looking for answers thankfully with the help of cleaning expect a few of the. Thank you is not life as we know it. In this together our new web series. Tens of thousands of drivers want their money back and germanys top court says theyll get it stating in a precedent ruling that force why the needs to buy back cars from almost vehicles had been equipped with diesel and missions Cheating Software also coming up a struggling air carrier tongs and the German Government finally agree on a. Bailout package but there looks to be more trouble ahead and corrode of virus travel restrictions are taking their toll on the otherwise strong relationship between danish customers and german supermarkets just across the board. Welcome to the program. A Top German Court has ruled that fox like it must pay compensation to customers who bought v.
Preaching fundamental data privacy rights. And a new study shows a major spike in violence against children due to the very measures intended to protect them from 19. Hello im terry martin good to have you with us germanys federal and regional governments are in a tug of war over how fast ease coronavirus restrictions some states led by 3 n. G. O. S want to lift all the main lockdown measures with a few exceptions early in june thats alarming both neighboring regions and federal authorities which fear a fresh spike in infections. 6 employees of this clinic in his book house and in Southern India have tested positive for the corona virus an outbreak thats bucking the trend in the rest of the eastern german state where infection rates are down while many regional politicians support easing restrictions theyd still like clear governmental guidelines. Have been a tradition its on thing if we do this without any central god lines from the state or the federal government. In that will lead t
Earnings from continuing operations was just 0. 10. Terrible numbers from certain sectors. Iously, retail search obviously, retail front and center. Market, kind of a mixed bag. Terrible data, yet equities tried to stage a rally earlier. Now futures flipping into more negative territory. Definitely the eurodollar and dollaryen are two to watch today. The yen was significantly higher thats butt all dies all eyes really on retail data later. Lets get some more market moving news from our new york and brussels teams. We want to start in the u. S. , where we are expecting more of that dire economic data. Many nonessential stores are closed. We also get Industrial Production. Michael mckee, International Policy and economics correspondent, joins us now. Michael i will give you guidance for the year, dismal. It is only a question of how bad they are going to be. Retail shrank by 8. 7 in march, when things were just getting started. In april, americans spent all of the time at home, not going