We are watching the Worlds Largest jewelry maker. The latest trading figures. Welcome to countdown. I am mark barton. I am anna edwards. I am manus cranny. The start of the program and our top story. In an exclusive russias finance minister says the country is heading that way didnt recession if oil stays at around 45 a barrel. The rush is headed into a recession if oil stays at around 45 a barrel in the Current Situation and talking about 45 per barrel and expected activity for all year long and expect that to be for all year long. Is 45 a barrel what youre working on now . Is one of the possible scenarios. A possible scenario that generally that should be a little bit higher. In case it would be the price the decline would be between 4 5 . How long do you see a recession lasting . It is dependent on the global market. [indiscernible] a positive gdp performance. What does the price of oil stays low around 45 beyond this year . Something like 170 billion [indiscernible] now its somethi
Government buildings. And disney shares plummet as they announce a 1 billion capital euro hike. Youre watching Worldwide Exchange bringing you Business News from around the globe. We just got a brief budget through. Its come in for 2015 showing gdp growth at plus 2. 9 driven higher by private consumption. It seems the risks to the committee are coming from abroad and unemployment seen falling to 22. 5 from 24. 5 in 2014. So still a very high level, but moving in the right direction. The primary budget seen at 2. 9 of gdp. Public debt at 316 billion euros, which is 168 of gdp. Moving on to brazils probusiness candidate, he surprised a rally in the election. He will make it to the second round this month. Silva came in third at 21 . Brazils main stock market is expected to get a boost when it opens later today. Six days ago the polls suggested that his winning margin would be 68 . A big close in the coming days. Its no surprise on who the investors and wall street is supporting. The oppo
Attention to social injustices affecting the working class. Janet oh is live with the story. Reporter and dan the march will begin here at the International Long shore union leading the way all the way down to city hall. They expect hundreds of people to turn out on a day historically known for protest, a day to call for change. At the center of world commerce the International Long shore and Warehouse Union said they can make a difference by leading the protest on may day here in oakland. Our families are affected by the killings some of our Family Members and our own locals are victims of Police Brutality and killings. Reporter the Union Organizer is referring to walter scott, an africanamerican man shot by police eight times in south carolina. Scott has Family Member whose are long shore union members. Nobody is this is just business. Reporter oakland has been at the front of many protests and this may day, it is no different. Here thousands streamed across the bridge during the occ
Reporter the entire city is on high alert for may day with protests beginning as early as 5 30 a. M. Police called in for extra patrols to keep order and police. Something businesses say is badly needed. Dogwood restaurant has been vandalized several times in the past and theyre bracing for another less than peaceful protest. I think the smashing of property is pointless. I mean, it doesnt get anybodys message across. Reporter may day is a day of protests all around the world and the long shoremen have been pushing for justice since 1984. Were learning new details about a shooting in Sonoma County we first brought you live at 5 00. Police confirm a man was shot at police 3 30 this afternoon no deputies were injured in the incident. Police are on scene on fifth street. The man was taken to santa rosa memorial hospital. Authorities have not released his condition or why an officer decided to fire a weapon. Some tense and very scary moments today in San Franciscos tenderloin district. A m
Planet in our solar system shrinking even further . Hello. The parliament in crimea has declared independence from ukraine following sundays referendum. The defacto Prime Minister is traveling to formally request that it does become part of russia. They have announced all ukrainian property is to be nationalized so ukrainian law is no longer valid in the region. It has approved partial mobilization of its troops. Lets get the very latest from my colleague ben brown with all the very latest developments. Reporter yes. Hello and welcome from the crimean par lament in simferopol. To formally ask the Russian Federation to annex crimea to absorb crimea into the Russian Federation. I spoke to one deputy a short time ago who said he expected that process to take about a month. Within that time he said crimea would officially adopt the russian raoubl as its currency and would switch to the moscow time zone as well. All of that follows the resounding victory for the russian speaking majority he