Towns the grim reality of 8 year old u. S. Asylum. Welcome to the program we begin in syria where a ceasefire brokered by russia and turkey in Northwestern Province appears to be holding for now at least the breakthrough was reached after 6 hours of talks between russias president Vladimir Putin and turkeys leader richard type in moscow the 2 back opposing sides of the syrian conflict well theyve agreed to establish a 12 kilometer wide Security Card or along it lives m. For highway which connects the government stronghold of the takia with syrias Financial Hub aleppo and also agreed on a joint patrol along that motorway later this month well the Syrian Government offensive in italy has pushed nearly a 1000000 civilians towards turkeys border its not clear how and when theyll be able to return to their homes to start with step bason almost talks in moscow. It was clear from the start that this was going to be a tough meeting the partnership between put an end to one which was carefully
7 trillion dollars off wild stock since their record highs mid february the outbreak began in china which still has by far the most cases chinese factories dont just churn out cheap plastic exports anymore though they supply vital components to the tech sector Automobile Industry add pharmaceutical companies and the chinese a lead is in Artificial Intelligence and robotics so the partial shutdown of the chinese economy there was introduced to stem the virus is having a knock on effect for a colonies around the world. Its unprecedented i cant recall anything like it on our planet. When the call of yours if the coronavirus gathers be cripples more and more countries and in the worst case we could be facing a Global Economic situation like we had in 2008 and 9. Years into the oppose it here were very optimistic we think it will be over in one or 2 months even it here 4 by. Management consultant fun fun is currently pursuing Crisis Management she and her team advise 60 german firms that do
To network and make deals. This is the business. Of the volatile session on the markets asian shares tumbled again on friday morning after wall street more heavy losses of nearly a 1000 points this massive swings driven by concerns about the fast spreading coronavirus markets like clarity but analysts say there is very little of that right now in asia the nikkei dropped almost 3 percent. Shared over 2 percent blue chip bags investors disruptions to Global Business intensifying soaking fears of a prolonged slowdown in the Global Economy and Indian Markets tumbled after the central bank seized control of the beleaguered yes. Lets go straight to our financial correspondent frank but only from wall street that put it into perspective for us how bad is this drop of nearly a 1000 points. A 1000 points sounds huge but of course the dow is also. Very much advance that was coming down from record highs that were almost close to 30000 points so you have to put that in perspective the percentage
Flow through china revealing how vulnerable Many Companies have become on the move new opportunities and new threats the coronavirus has so far wiped 7 trillion dollars off wild stock since their record highs mid february the outbreak began in china which still has by far the most cases chinese factories dont just churn out cheap plastic exports anymore though they supply vital components to the tech sector Automobile Industry and pharmaceutical companies and the chinese a leader is in Artificial Intelligence and robotics so the partial shutdown of the chinese economy there was introduced to stem the virus is having a knock on effect for a colonies around the world. Its unprecedented i cant recall anything like it on our planet. When the color of yours if the corona virus gathers speed and cripples more and more countries and in the worst case we could be facing a Global Economic situation like we had in 2008 and 9. Years into the oppose it here were very optimistic we think it will be
Yes bank has a high level of bad loans and not enough capital to cover the losses putting the bank at risk of default thats why the central bank decided to place yes bank under a moratorium and is now working on a merger or takeover naturally a market based. Solution of the problem a bank. Of the problem is already a profitable we have said that in Office Statement yesterday also so naturally you have to give time to the bank to the management to you know take whatever steps. Need to take. Because of the uncertain future shares of yes bank plunged more than 70 percent during trading hours wiping out around 1000000000. 00 euros of market value in a single day its the biggest fall ever of an indian blue chip stock. Yes or no bank lets go to both kind of running krishnan who joins us from delhi for the new side scroll rolling could you tell us whether or not depositors should be panicking right now. Broadly speaking deposit of fine yesterday and so theres a bank of india which is the bank