Protection, he wants 1200 stimulus checks, that is what he wants, not Speaker Pelosi democrat state bailout commonality this, the markets reaction, selloff tuesday in a reversal this morning, the dow will be up 200, look at that and nasdaq up about 100 points, that is a reversal, heres another blockbuster, declassified documents show in 2016 the cia director john brennan personally briefed president obama on Hillary Clintons alleged candidate trump to russia. His notes made right after you briefed obama showed clintons during up the scandal to distract from her email problems and obama knew all about it, by the way the broadcast network did not cover this at all. 0 coverage on a blockbuster story, maybe mike pence will bring this up at the debate tonight. This is a major event. We are less than four weeks to the election and senator harris has a strong chance of becoming president given joe bidens age, he will be 78 on eggnog ration day, she will have to answer the question that biden
On the fed Holding Interest rates until at least december. Sec approves trade products tied to ether, opening the door for a spot etf, and we are live at the g7 finance meeting in italy where ukraines allies are wrestling over a deal to use frozen russian assets to support kyiv. We will be speaking to a secretarygeneral later this hour. Lets check in on these markets, global stocks at bonds up for weekly declines. The good news on the data front, bad news for the markets team is a back with u. S. Activity data. Composite pmi, services, and manufacturing strengthening the most, composite and about two years. That led to a selloff on wall street. European futures, a losses of point five of 1 . Consumer confidence picking up for a second consecutive month in the u. K. Losses across the ftse 100. S p futures looking to modest gains after losses of yesterday. Nvidia was the bright spot yesterday across the u. S. Equity space with gains around 9 . Lets have a look cross asset. You did see a
Targets in the past day. This blast in gaza was shot today by cameras in southern israel. Palestinian Authorities Say homes were hit without warning. These pictures are from rafah, where locals pulled victims from the rubble of a house that was hit overnight. And these images are from khan younis, also in southern gaza. There were dozens of air strikes throughout the night some 100 metres from a hospital. The Israel Defence forces released this video of air strikes in gaza. We dont know when it was shot. Israel also says it mounted limited ground raids into gaza to attack hamas and find information about the 222 hostages being held. Further north, israel has also launched fresh air strikes against the iran backed hezbollah in lebanon. Hezbollah said one of its fighters had been killed. The head of the Main Un Agency Helping Palestinians in gaza says hundreds of truckloads of aid are needed every day, rather than the few dozen that have been allowed in so far. The trucks that have gone
Eric is out. [indiscernible] we are lucky. The seven sins of wall street. The next financial crisis, thank you so much for being with us. Nobody loves seven deadly sins more than me. This citibank news is huge for me. In the last year have, they cannot get out of their own way. Add news follows it. Regulators hate them. Are you surprised . Got was not surprised they bit by taking money out of reserve. That is something we can ask some of our guests. It is nice to have written about wall street in the middle of the earnings. Can take a look at how the banks are doing, whether the market is making them smaller. Before this i think they were too big. That is what i say in my book here. I had an amazing week because five the great the weather was great in new york city. Or overfull. It is time for the news feed. Posted an increase. Money it hasuped set aside to pay for loan losses. They have been struggling to boost revenue on asked income business. Etirement account it is expanding in the
This is worklife from bbc news, with Samantha Simmonds and ben bland. Stocks suffer their worst week since the Global Financial crisis as businesses feels the impact of the coronavirus outbreak. Live from london, thats our top story on friday the 28th of febuary. Asian shares fall sharply after the dow racks up its biggest points loss on record. So could coronavirus cause a global downturn . With stocks on the slide, a growing number of businesses are feeling the pinch, so how will all this affect your work life. We take a look. And india gets set to release its latest Growth Numbers, but will they make for happy reading . And well be getting the inside track on how technology can be used to to tackle chronic diseases. Also, as a Us Court Rules youtube do not have tro guaranteed free speech, were asking if you should have the right to say whatever you like on digital platforms . Let us know just use the hashtag bbcworklife. Hello and welcome to worklife. We start with those markets, be