Or oil industry up to prices that dip into negative territory for the 1st time in history and why the constitution and tradition are making it difficult to slice of the coronavirus curve in japan. The thank you for joining us the current a virus pandemic could lead to famines in thousands of countries pushing tens of millions more people around the world to the brink of starvation a un report has highlighted the vast number of people around the world who are now acutely food in secure the World Food Program has requested 350000000 dollars to set up a network to keep humanitarian supply chains moving around the world. There are no examples yet but i must warn you that if we dont prepare and act now to secure access avoid fundies shortfalls disruptions to treat we could be facing multiple famines of biblical proportions within a short few months the answer is it we take will determine our success or failure and build a Sustainable Food systems as the basis of stable and peaceful societie
Welcome to Worldwide Exchange on cnbc. Im wilfred frost joined by dee basin in for sara eisen. Good morning. Its great to reunite for the next few days while sara is enjoying a honeymoon. Very good congratulations to her and her new husband. Lets bring you up to speed on the markets this morning. Futures right now pointing to a slightly positive open. But this does of course come on the back of strong gains. 2 gains and over 3 gains for the nasdaq. Only just, though, in the final trading it looks like we will hold on to gains for may. The dow called higher by 3. Nasdaq as well. 1. 875, near the top of the range in recent week which is has been 1. 7 to 1. 9. 1. 4 on tenhe tenyear. The dow is up on its best streak since five straight winning months ending in june 2014. Six out of ten s p sectors positive led by tech which is up by more than 5 . Check out the monthtodate returns the dow is up 0. 6 . The s p higher by 1. 6 . And the nasdaq has jumped more than 3 . Wilf, if you had sold in
Percent target range for considerable time following the end of its Asset Purchase Program this month, especially if projected inflation continues to run below the committees goal provided that longerterm Inflation Expectations remain well anchored could however, if information indicates objectives, the cleanup expects an increase in the target range for the federal funds rate is likely to occur sooner than currently anticipated. More of the comments with regard to Inflation Inflation continues to run below objectives. Surveybased measures of longerterm Inflation Expectations have remained stable. Although inflation in the near term will be held down by lower Energy Prices, the Committee Judges that inflation is persistently below 2 has diminished somewhat since earlier this year. Finally, with regard to the economy, Economic Activity is expanding at a moderate pace and labor Market Conditions include solid job gains in the lower Unemployment Rate and the range of the labor market indi
Cancer patients. Taylor off to st jamess hospital is the first of its kind in our lives. We anticipate it to survive like the rest comes from Prostate Cancer were able to save the bikers if i was about ninety percent. I knew. Welcome to six one a former solicitor has appeared in Dublin District Court charged with stealing two point eight million euro from client funds. Forty two year old corio county from College Bound summer hill canteen these faces seven charges on the fast and full of offences act. Lazy to climb phones at his familys small farm. He must involve ferry from seventy five thousand to one and a half million euro. Ray kelley to stop and District Courts with his father sean this morning just hours after his arrest in the city center the court was towed to the next guy p by appointment he is known for sometime these charges were pending he faces seven charges of theft under the criminal justice theft and fraud offences act. In reply to the charges he made no comment. The ch
We are live on cnn u. S. A. Here in the u. S. And Cnn International around the world. Im george howell. Im rosemary church. Cnn newsroom starts right now. And we begin with a Massive Development in the fight against americas opioid crisis. Late sunday oxycontin maker purdue farm ma filed for bankruptcy protection in new york. The Company Facing more than 2,000 lawsuits that allege that it helped fuel americas deadly opioid epidemic. Thats claim to nearly 400,000 lives in the past decade alone. In a statement Purdue Pharma said the settlement is supposed to supply 10 billion worth of value. The companys legal battles could be far from over. Reuters points out two dozen states remains opposed or uncommitted. The lawsuits claim they misled doctors and patients about potential addiction and overdose lists. They have denied the allegations. Stay with cnn. Well continue to follow this story and bring you developments as we learn them. Well, this weekends attacks on saudi oil sites could be f