Cash trade. Here are your top headlines from the bloomberg terminal. Trumpa on the defensive. The president stands by his handling of the coronavirus on day one of the Republican National convention. Says democrats are still blaming America First Nikki Haley Says democrats are still blaming America First. The chinese arrives in europe today. Demandsla merkel answers from russia after it was putin critict the was likely poisoned. We have figures crossing the wire right now. The German Economy shrank 9. 7 in the second quarter. The initial estimate was for a drop of 10 point 1 . This is a second look here, and so it looks like it is a little better than expected. Still, of course, a massive drop , the quarter over quarter figure. The yearoveryear figure is a drop of 11. 3 , so a big drop in the german gdp. That the bloomberg economists expect a rebound in the second half, and of fullyear drop of about 6 for 2020. Lets take a look at what futures are telling us after the new record highs
Out on the oil and gas bonanza. Perus economy has tanked millions of lost their jobs as the government tries to stop the spread of the coronavirus people are desperately trying to make ends meet. At a tempting to a changing economy why a University Degree may no longer be the key to success for many americans. Turkey claims to have found a big store of natural gas in the black sea if it proves to be commercially viable it could be a huge relief for a nation thats dependent upon oil and gas imports but its turkeys exploration in the hotly contested east mediterranean thats raising tension with its neighbors turkey has dispatched a drilling ship flanked by naval vessels to an area off the southwestern coast of cyprus al jazeera as alex go topless takes a closer look at a regional dispute. In february 2018 and Italian Oil Company found something in the Eastern Mediterranean a huge gas field right off the coast of cyprus this field was part of the regions vast gas deposits estimated to be
Jazeera. Hello im Adrian Ferguson this is counting the cost on aljazeera a look at the world of business and economics this week carving up the riches of the mediterranean could prove to be a costly mistake as a lebanese well comes up dry and all Companies Delay drilling could nations miss out on the oil and gas bonanza. Perus economy has tanked millions of lost their jobs as the government tries to stop the spread of the coronavirus people are desperately trying to make ends meet. At adapting to a changing economy why University Degree may no longer be the key to success for many americans. Turkey claims to have found a big store of natural gas in the black sea if it proves to be commercially viable it could be a huge relief for a nation thats dependent upon oil and gas imports but its turkeys exploration in the hotly contested east mediterranean thats raising tension with its neighbors turkey has dispatched a drilling ship flanked by naval vessels to an area off the southwestern coas
I am Steve Clemons and i have a question to ask these days its hard to filter out the noise and keep track of whats really important the bottom line tackles the big issues this issue United States its people its economy and the way it deals with the rest of the world the bottom line only on. A low im adrian figure this is counting the cost on aljazeera a look at the world of business and economics this week carving up the riches of the mediterranean could prove to be a costly mistake as a liberty as well comes up dry of Oil Companies delayed drilling could nations miss out on the oil and gas but on zob. Perus economy has tanked millions of lost their jobs as the government tries to stop the spread of the coronavirus people are desperately trying to make ends meet. At adapting to a changing economy why University Degree may no longer be the key to success for many americans. Turkey claims to have found a big store of natural gas in the black sea if it proves to be commercially viable it
Pound is down today, and the ruble is under pressure. Angela merkel, the german chancellor, appears to be leaking nord stream 2 with the poisoning of alexey navalny. Some suggesting that maybe we could see that project halted or not used, but currently the link between the two providing some consternation in moscow. The u. K. Is preparing for brexit talks to fail and planning new legislation to potentially override parts of the Withdrawal Agreement, as the u. K. Foreign secretary dominic raab calls for a moment of reckoning. It is a week up call for the eu side. Weve got to a position where there are only two points really holding us back, but we cant accept that the eu will control our laws. That is the reason we are leaving. No other country goes into trade organizations into trade negotiations on that basis. Guy is Boris Johnson now basically signaling that he is prepared to accept a no deal brexit . Hes basically sent out on emailed today saying there needs to be in agreement our e