Thank you very much. Appreciate you being here. And good evening as we continue to confront the china virus rebuilding americas economy like nobody thought possible actually. We are doing incredibly well must stop market is up almost 20 points again today but while our economy is performing significantly better than europe which people have to understand very strongly is performing better than any market anywhere in the world actually. The same time europe has experienced a 40 higher excess mortality than the United States and i will say that is a significant number. We are working with europe on the difficulties and we are going to help them all the way. Doing very well as you know if the vaccines in the therapeutics but we have the strongest economy in the world. We are up i think its 9 trillion since march, 9 trillion valley 9 trillion in value. Thats a number that no one is ever heard of before and we are getting close to 50 number since march which is incredible so 9 trillion almo
Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on this story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. This is the one business show you cant afford to miss friendship or in washington coming up the e. C. B. Is forecasting a major hit to the eurozone economy due to the cope at night outbreak and this comes as the European Union is i. A major stimulus package to save the regions economy and if the coronavirus continues to pound brazil as the latin american giant is now the new epicenter of the virus we breakdown the told the disease is taking there and around the globe and later. A new era of private Space Development lies over the rise and what the future holds for the growing sector we
Moves higher on reports that saudi arabia and russia could cut global output by 10 Million Barrels a day. This comes as the u. S. Cuts its Production Forecast ahead of tomorrows opecplus meeting. Welcome to bloomberg daybreak europe. After the rally and equities yesterday that took them above the march low, the cac 40 and the ftse in europe also into bull market territory. You have to ask yourself whether this is the biggest bull market trapped in history or the shortest bear market on record. When it comes to credit, you have howard marks saying maybe now is time to move from defense into offense. Cautions saying cautious positioning has served its purpose. Waiting for a market bottom. You look at bernanke and he talks about a gradual restart to the economy. Maybe we are all running before we can walk in that regard but it is not going to be the Great Depression according to ben bernanke area good morning. Nejra we were seeing futures negative in the asia session. Seeing some green on
President unveils his plan for reviving the Worlds Largest economy but there are doubts about whether it will work. And the rush to make masks in kenya as the World Health Organization walled 300000 people could die across africa. And canadians come together to help societies most vulnerable get the goods and services they need. Welcome to the news hour its 1500 g. M. T. 6 oclock local here in doha welcome to the news hour we begin in china where the coronavirus pandemic has stopped decades of Economic Growth the countrys g. D. P. In the 1st 3 months of this year shrank for the 1st time since records began on the news comes as the government revised the death toll in the city of where the pandemic began officials now say 50 percent more people died than. Its the reported from beijing our correspondent katrina you reports. The coronavirus pandemic has Strained Health systems around the world and now its caused the uninterrupted growth of the worlds 2nd largest economy to falter for the
Tolls. President trump team preps plans to reopen the u. S. Economy. Boris johnson remains in intensive care. The single currency wobbles as she euro area finance minister struggle to come to an agreement on a Recovery Plan as the joint debt issue is a sticking point. A joint press conference expected at 9 00 a. M. London time. Oil moves higher on reports saudi arabia and russia could stop this comes as the u. S. Cuts its Production Forecast ahead of tomorrows opecplus meeting. As i said, just under one hour away from the start of cash trading in europe. Take a look at futures this morning. It is a bit of a flat trade. As we said, you have euro stoxx 50 futures down 1 as well as ftse futures. If you take a look at u. S. Futures this morning, you see a higher picture so they balance each other out. S p, dow jones, and nasdaq futures all of although you did have u. S. Stocks ending the day slightly down yesterday, whereas european stocks of course ended the day in the green. Anna. Anna l