What secrets lie behind us want to. Discover new adventures in the 360 degree. And explore fascinating World Heritage sites. P. W. World heritage 360 get the maps now. Joe cherrys or speaks out in an exclusive interview on b. W. News the head of germanys biggest Industrial Company shares his views on world trade the coronavirus and the protests rattling the United States also coming up the trade war goes airborne as the Trump Administration moves to block Chinese Airlines from flying to the United States and the coronavirus has shaken up the corporate world well bring you the latest list of the worlds top 100 companies. Im chris coverable and welcome to the program 1st off though after a marathon round of negotiations germanys Ruling Coalition parties have agreed a 130000000000 euro Economic Stimulus Program its one of the biggest rescue packages in the nations history to address the economic damage of the coronavirus pandemic the package includes a temporary cut in value added tax and
To face. Hello im come on santa maria this is counting the cost on aljazeera your weekly look at the world of business and economics this week boyle just because youre resource rich in 2020 doesnt mean youre making money well look at the economies of some opec nations which arent making a cent in earnings thanks to the price crash the coronavirus also oil versus lithium as calls grow for a green economic recovery post pandemic maybe green power could be the death knell for crude. And saudi arabia the oil giant whose Economic Diversification has led it to the north east of england but critics are accusing the kingdom of trying to sports watch its human rights record. Look we all know were in the middle of a storm like no other right now and really no one even if you are a country with oil sure some of the bigger players are doing ok though even saudi arabia is cutting subsidies and raising taxes but small opec players are really taking a hit from the coronavirus pandemic and Oil Prices
We have seen some push pull here. Some of that weakness still russellg with the was 2000. 8 . 10year yields continuing to rise. Breaking out of what was earlier 82month trading range between 54 and 78 basis points. Now, incredible the break and we have seen the last two days. Further weakness in the bloomberg dollar index. We are back to weakness that we have not seen since march 11. You wonder how much of that is the feds continued stimulus into the markets. I want to talk about the data that make up this morning. U. S. Jobless data showed continuing claims failed to decline again and instead rose above the forecast of 20 million, to 21. 5 million. The market is reacting to the news as a cast doubt on the hopes of a strong economic rebound. For more, we are joined by nela richardson, edward jones senior strategist. This is one of the first times for the market that it is reacting to the poor Economic Data. Been in your opinion, has driving the weakness of today after what has been a s
Price how come the race to the point. From these historic cent banks until job only what it takes to beat. Special coverage just. Hello im come all santamaria this is counting the cost on aljazeera your weekly look at the world of business and economics this week boyle just because youre resource rich in 2020 doesnt mean youre making money well look at the economies of some opec nations which arent making a cent in earnings thanks to the price crash the coronavirus all so oil versus lithium as cold screwed for green economic recovery post pandemic may be green power could be the death knell for cruise. And saudi arabia the oil giant whose Economic Diversification has led it to the northeast of england but critics are accusing the kingdom of trying to sports watch its human rights record. Look we all know were in the middle of a storm like no other right now and really its no one even if you are a country with oil sure some of the bigger players are doing ok though even saudi arabia is
A green economic recovery post pandemic maybe green power could be the death knell for crude. And saudi arabia the oil giant whose Economic Diversification has led it to the north east of england but critics are accusing the kingdom of trying to sports watch its human rights record. Look we all know were in the middle of a storm like no other right now and really its no one even if you are a country with oil sure some of the bigger players are doing ok though even saudi arabia is cutting subsidies and raising taxes but small opec players are really taking a hit from the coronavirus pandemic and Oil Prices Sliding into negative territory however briefly think about oman and behind both could receive economic support from the likes of saudi arabia and the u. A. E. But our focus is on those resource rich nations that with oil prices that are around 30. 00 a barrel may have to turn to. The International Monetary fund and start with algeria which has seen its debts soar to 45 percent of g.