Cases across our state. 42 more people died yesterday, bringing the number of deaths statewide to more than 1200. And the number of people in intensive care units is up 2. 8 . We are coming out of the states deadliest week since the pandemic began and today at his briefing Governor Newsom said californias curve is bending at still rising. Progress is being made, you are bending, the curve, beginning to flatten the curve, but it is still nonetheless rising. Yes continue to rise, hospitalizations modestly continue to rise, icu numbers, beginning to flatten. We are not seeing that downward trend, we need to see in order to provide more clarity on that roadmap to recovery. Governor also produced number of deaths on race and activity 6 of the states population account for 12 of the coronavirus debts. We are also learning new information about growing number of coronavirus cases at Skilled Nursing facilities across the state, at least 32 Nursing Homes in the bay area have reported outbreak C
President trump warns of hard times ahead, as u. S. Health ,000cials estimate 240 americans could die. Global stocks fall. The worst is yet to come. Warns that investors asset prices have further to fall. Jeff good luck says expect the panic of march. A debt binge. Companies raise a record 752 billion last quarter. They look to build up cash buffers. The Carnival Cruise airbus cash in on credit rebounds. Lets take a look, first off, at futures, down across the board, as i said, after big losses in asia overnight. U. S. Stocks also closed lower at the end of the day. Europe was up. We have catchup to do in terms 3. 5 e drop, now down about on european futures. U. S. Equity indexes also trading lower, but not as severely. What do you see on the gmm . Anna yes, so we see a negative session for the asian markets. Asian equity markets under pressure, the japanese nikkei down, south korean market, hong kong all looking weaker. Bears back in control at the start of the Second Quarter. It is a
Parts here today. Some are literal. The princess cruise ship is one. Theyre watching throughout the day as it makes its way to the port of oakland. It is supposed to dock around 3 00 this afternoon. Well talk about that, oil off the bat with our buddy phil flynn out in chicago, price futures group, senior strategist at cme. We talked about it last week, phil. You and i were going back and forth about russia and saudi arabia. Now we have the true price war breaking out that has consequences in places like texas and north dakota. Take us through what youre thinking about today . What im thinking about is were learning today, not always is a low price for oil good for everything. There is concerns for banks, oil producers, the general overall market. Having said that, there is some hope, you know, right now with the talks of stimulus. Maybe we can pull off the lows right now. There are old saying in the business low prices cure low prices but this breakup of opec and russia, this opec plu
A dire warning about the state of our planet our oceans a hotter than theyve ever been and that spells trouble for us all with more floods droughts and fears of storms as well as a greater loss of marine life the alarm bells are ringing in the wild the biggest polluters listening this is inside story. Hello and welcome to the program dennis that were becoming quite used to getting bad news on Climate Change the latest warning our oceans a warming and there will be in fast sea temperatures last year with the highest on record have been going up every year for the past decade the sea absorbs small the 90 percent of the warming gases that come from burning fossil fuels Scientists Say the extra heat produced is equal to every one of us running 100 microwave ovens all day will missys need more intense storms droughts floods and wildfires like those burning in australia right down. Well despite all of these alarms about the Climate Crisis were releasing more Greenhouse Gases than ever the un
Close to current levels. Joining us now from our amsterdam euro is the Senior Energy economist at abm amro. Unchanged does not sound so that in a world where everybody is concerned that the economy is teetering on a recession. Do you share that view . Say i dont fully agree. We are a little bit more bearish to be quite honest. Especially after last weeks opec meeting, i think that agnal was rather mixed and little bit disappointing, actually. Saudisderstand why the think it should be 50 it should be 65, but i have my doubts whether we see that. Anna good morning to you. Let me ask you about the impact of the price we have at the moment on the ipo taking place tomorrow of saudi aramco. What are your expectations . We have seen expectations paired back. Creation of the worlds most valuable company. Yes indeed. It was a positive. In that respect. It was well oversubscribed. The price at the top of the range. Indeed, on the other end, it was disappointing because saudi arabia expected more