1. 5 ct for the s p tumbled and the nasdaq hit harder in a couple of minutes. Treasuries and the yen gain. Money floods into safe hane assets it is a president s positive test acts as a wakeup call for markets. Good morning. Just under an hour away from 60 minutes away from the start of cash and equity trading in europe. We do see drops more than 1 in European Equity Index Futures. We were looking at some positive numbers just an hour ago. Take a look at the u. S. Futures. Down with the nasdaq underperforming. 1. 9 . And dow off anna we see reaction to these stunning headlines that have taken the markets by storm. Gripped the market. Dictating many over the moves that were seeing. Beware many of the markets in asia are closed. What we have open in asia is japan, australia and indonesia. We saw instant negative reaction. Nasdaq futures down by as much as 202 in the initial place where we saw the news breaking. We do see negative riskoff reaction. We see money going into the dollar and c
The trip to bali it has been stopped much of our a city center was unusually quiet on friday shops and businesses were closed many people stayed home fearing violence president says fixing the economy will take time and thats a need to be patient but it seems patience is running out. Zimbabwes economy is mired now in its worst crisis for a decade the price of almost everything has ballooned people are grappling with rising inflation which last month double to 175 percent the cost of a loaf of bread has almost doubled from 1. 80 to 350. 00 and a tub of butter is now around 17. 00 violent protests broke out earlier this year after shop price hike in fuel there are massive queues to get fuel a shortage of clean water and power with widespread blackouts that can last for up to 19 hours a day and 5000000. People are in need of urgent food aid with half of them on the brink of starvation well joining us now is cheap as in bob when political analyst she joins me from massachusetts in the u. S
Homes like many others in the slums of dhaka mohammad for he is a migrant from another part of bangladesh. Where displaced the river rose and we dont own any lengthy rounds any government homes we very poor we live day to day if we get some help then we may rebuild in make a living Authorities Say they have made arrangements so that the slum dwellers left homeless by the fire can stay in schools in the neighborhood for now john are a big and says she has nowhere to go and not much to eat. C money to get there was a fire here and we had to flee with no time to take anything with us if anyone gives astute then we can eat we just live in the street now its not clear how many people are homeless according to the government about 750 shanties were burned down and 450 damaged. And one where a big loss to life savings modeler barrel i had 12 and everything was burned i barely escaped with what im wearing now i had some gold and around 3500. 00 in cash but i couldnt bring anything with me i ju
He did sometimes miscalculate a plan to open up Political Parties in sudan backfired. Nice un way yes chiquita is. The man i hear from leave it till i commit to get past the bitter history but im happy to be a machine. And i get free at the moment like i after 8 and you could when actually they might very well be we now know you will be right we now might start a fight lackey. I hope so hey were you that were out of the in while the one. And joseph emerged the shorter latika annalise who on the whole matter but enough soul and more than all round knew my hand and walked anough to help bill react that. Is only when there are more when you have music a little i should have let me come in to read the apply have presented to you than i can to look at the. 10 members of al to robbies own National Islamic front wrote a memorandum openly critical of the movements decade in power this became known as the memorandum of the 10 the letter demanded that. The groups own secretary general should hav
Positive start after u. S. Stocks close in the green, but log their third negative week in a row while the Trump Administration seeks to calm recession fears. I sure dont see a recession despite a lot of worries if its a volatile stock market. Most economists on wall street had been marking up their forecast for the third and Fourth Quarter and hong kong prepares for more massive protests after millions brave the rain in a peaceful rally for the 11thstraight weekend of prodemocracy demonstrations in the chinese territory. Well, good morning, everybody. As you can see, there is already quite a lot of green on the board behind me, but first i want to take you to some european news that the german finance minister says berlin has the capacity to launch fiscal stimulus worth 50 billion euros in the event of an economic crisis now concerns of a slow down in europe have grown after weak Economic Data across the continent. Now on friday, the german magazine reported berlin could take on new d