In africa we will ask one of the studys authors what can be done to protect african economies from spiraling deeper into crisis. Im sorry kelly welcome to the program it is decision day for shareholders of germanys flag carrier will be can voting soon on whether to accept a 9000000000 euro rescue package that would make the German Government the airlines biggest stakeholder should shareholders reject the deal of tongues or could face insolvency heres how the head of live tongues a Supervisory Board sized up the choice at the beginning of the virtual gathering. Yeah you can go to mia we dont have any more money. Were going to be living off of reserves that we set aside during the good years. Soon we will have used most of those up. Without support and we face insolvency in the coming days the absorbance. We dont have any more money while meanwhile of tons of business that love tons of is going on including investments in new airplanes reporter Dan Hirschfeld hitched a ride on a test fli
You must be 68 because im 66 thats tom cruise talking ive been told we have to interrupt this briefly to get to walmart numbers which have just crossed. Walmart is out with Fourth Quarter and full year earnings 1. 38 adjusted versus estimate of 1. 43 141. 67 billion. Analysts expecting 142. 488 billion. The majority of stores in chile have been disrupted and some totally destroyed. Theyll be holding an investor day discussing this more in depth. Shares are down 2 in early going. In u. S. Comparable growth streak does continue 1. 9 also below analyst expectation of 2. 3 for the quarter. U. S. E commerce net sales grew 35 . Coming year expectations to grow at least 30 speaking with the cfo, quote, the quarter started off and ended strong despite softness in some categories like media and gaming on the coronavirus, they are monstering the situation and focused on the safety and wellbeing of customers and associates he says sales are still okay the fear is mixed towards food walmart is not
Years since the fall of the berlin wall we look at how life changed for towns along the former inner german border. This is the w. Business im joined on in berlin welcome china and the u. S. Have said theyve agreed to ease tariffs on each others goods as part of a socalled phase one deal now tariffs have been the weapon of choice especially for the west and the months long trade duel between the worlds 2 biggest economies the announced rollback is fueling hopes of the trade wars eventually and. The announcement came from beijing where a Commerce Ministry spokesman said china and the u. S. Would remove tariffs in stages there has been no reaction from washington but hope has been growing for signs of tension will progress to a wider deal. If the 2 sides reach a phase one agreement both sides should in accordance with the contents of the agreement revoke the terrorists already in effect in the same proportion and simultaneously this is an important condition for reaching an agreement. Ch
Please tell me what is the cause of this High Temperature in the north atlantic region, what is its significance, what is its effect, well, the temperature in the region has a considerable abnormality and the temperature that was observed is usually the temperature of one in late mahoutian, about the month of september. What is the temperature at this time of the year in it was unprecedented in the region, or even in the northeast of the atlantic ocean, we reached positive onesixth of a degree, well, this is the most important reason that has been investigated by afshari of behnam parfashar azar s. That during this period, the sea level in june in the region is unprecedented. It was lower than average and this low term reduced wind speed led to this it happened that he did not know about the difference in the level of the ocean. Therefore, with the absorption of solar energy , he found a significant temperature and found a positive temperature anomaly. One of the most Important Reasons
From fed chair jay powell later this week. The thing is it is the higher Interest Rates putting u. S. Treasuries firmly in focus and the looming Government Shutdown not helping either. Lets have a look at the open for bangkok. The thai market down a fraction and at the moment as well we are seeing the thai baht relatively steady in the face of what we have been seeing. The baht actually is not that steady, around 38. Actuallya a big day for the dollar. A rising yield, weve got the japanese 10year approaching 75 basis points. The three year in australia. Talking of bonds, lets bring in charlie jamison. Thanks for joining us. What are you making of this . We have jamie dimon saying the world not be prepared for a fed funds rate of 7 . Now he says the worst case is 7 with stagflation. What do you make of these comments . Charlie look, i think the world is certainly not prepared for 70 7 rates. We would have a deflationary asset unwind and it would burst a lot of asset doubles. It simply w