A go around. A few minutes later the airliner came down in a highly populated residential area near kharaj International Airport the horse that actually got a funny for just the last words we heard from the pilots was that there were technical problems he was told on the final approach the both runways are ready and you can learned that the pilot decided he wanted to go around for that reason the technical problem was well good to go and look at that now. Airplane parts were strewn among burning homes Security Forces were sent to help the rescue operation and managed to pull at least 2 passengers from the wreckage pakistans Prime Minister imran khan tweeted saying that he was shocked and saddened by the crash offering prayers and condolences to the families of the dead. Aviation apps identify the aircraft as a 15 year old airbus a 320. 00 it was one of the 1st in p. I. A. s fleet to restart flying this week after flights were grounded to stop the spread of the coronavirus. Crash invest
President wilson arrow and its core base of supporters keep downplaying the effect of the pandemic across the country but now even the governments had to admit as it has. As it did yesterday that the real face of the pandemic might be much worse than what you fishel numbers are showing the government for example is saying that there according to their account there could be a least another 11000 dead that have been unaccounted for so far that the government believes might be related to the coveys 19 but for the lack of testing theres no way to confirm if indeed these people have also died covies in 19 and under now another number that i think tells us a lot about that is the fact that the government says that this year so far there have been 5 times the number of people who have been hospitalized for respect respect at thore issues but less than half of those have been tested to see if indeed they have coronavirus so thats the situation in brazil we also understand that a number of lab
Time the airbus a 220 crashed into homes in a crowded restaurant chain neighborhood. Moving your body very very quickly he did bony fell on my car 3 doors of my car were locked the door on my side was open 1st i took my people out after that i saw a passenger outside the plane his legs are wonderful he was empty all right he was alive he was speaking he asked me to say i tried to pull him out but his legs were badly stuck in the emergency door. Outside more trees and hospitals people look for the lost ones one man was shocked to discover his nephew could be among the dead but. Last night i spoke to him and i said are you coming to caracas he said no my leave request was not approved so i was not expecting him on that flight my sister called me and told me to check to crash the plane and i said why she said he was on it only 2 people survived vomits a bear is one of them on a limb there are living here too many there were cries of children and adults and the elderly the cries were every
The bloomberg terminal back to work. Italy starts seeing its lockdown ease, france follow suit. Boris johnson returns to his post today. Adidas revenue slumps 19 in the First Quarter, but bayer catches oost with adjusted epic. Ebita. Surprise. Ish Deutsche Bank says that expects to post a profit for the First Quarter, but as it is unlikely to meet its leverage ratio in 2020. We are just under an hour away from the start of cash equity trading in europe. Let us take a look at futures as they trade across europe this morning. Looking at gains on futures of 2. 3 for the euro stoxx 50 bluechip european benchmark index. Ftse futures up 1. 5 . They have risen a full percent in the last hour. Dax futures are also up. In terms of the u. S. We see 1 gains across the major equity indexes in terms of futures. S p futures, dow jones, and nasdaq futures. Let us get the bloomberg first word news. In place a plan to start easing lockdown measures on may 4. Manufacturing and construction set to restar
Managing risk right well that was a tool developed to manage risk but when that didnt work all the time 100 percent of the time bankers got their friends like jay powell lets look at this tweet from you are you ready for monday jay powell goes but. I get my spanish comes in handy there to know how to roll those are yes but once theyre Risk Management tools starting in 1987 when the portfolio insurance crash the markets the fed came into the rescue and as the fed puts well then weve seen since that any time that the bankers and all their huge amounts of derivatives whenever theres a problem there the fed comes to the rescue i. E. Theres a problem with distribution of risk in the supply chain of risk doesnt go away the risk is still there but it just keeps on getting deferred either into the future or to some group of suckers like you know Pension Funds risk cannot be created or destroyed its persistent within the markets and options and derivatives allow you to separate risk from reward