After we saw contraction and our Steve Liesman has new information on where the crowd is standing at this time. Thanks very much. From positive to negative what was first reported at 0. 2 . The result of less growth and it made econ 50s less optimistic. Our cnbc update falling by 2 10 of a percentage point. With a wide range to 4 . Let me show you where people are. At 4 . Goldman right about the middle at 2. 4. Morgan stanley. We are now including that atlanta fed in the survey at 0. 8 . Some of the commentary saying we lowered the q2 estimate to 22 due to downward revisions of sales. Barclays saying it will point it an acceleration in activity in q2. The under performance of the economy is likely to extend the timeline for the first fed rate hike. Meanwhile new Research Shows the First Quarter productivity data are also suspect. In part because they rely on the gdp data. Productivity a critical measure averaging 1. 1 in the First Quarter over the past 30 years. That compares to the gr
Cleared away quite quickly but not without wet weather. Stuff more weather and snow but the strength of the wind is clearly not the main concern is a go of the evening and overnight, gusts of wind between 60 and 70 miles prayer, and up to bring down power lines and the rain i talked about is going to stay with us across talked about is going to stay with us across parts of northern england, Northern Ireland, north wells and snow in the hills blowing around in a few shirts in the south but hopefully the wind will allow still alleviate some of the frost risks overnight tonight and then fewer showers to Northern Ireland, rain and snow mix mixes way quite significant store across from the hills and relatively low hills despite continuing across the day and starting to ease, being a wendy day, despite the sunshine and being barge, is still feel quite chilly. Hello. This is bbc news with lukwesa burak. The headlines the government says Everything Possible is being done to limit the spread of
Briefed the media against them secretary. This, along with many other claims, is completely false. A historic moment for afghanistan the us and the taliban sign a deal that will see the withdrawal of thousands of american troops. Including a much needed victory for west ham against southhampton. Its been revealed by the department of health that three more people in england have tested positive for coronavirus. They had all recently returned from abroad two from italy, and one from asia. That means that the total number of cases in the uk has risen to 23. Public Health Officials are trying to establish how a man from surrey become the first and so far only known person to contract coronavirus within the uk. That patient is being treated at a specialist nhs infection centre in london. A pub in haslemere, in surrey, has closed as a precaution against the virus and is undergoing a deep clea n. And this afternoon following talks with the heath secretary and the chief medical officer, boris
Video assistance this season marked the launch of its International Trial face. Set. For referees in the grand to you in the review area together theyre making football fairly. Bad. But its not perfect dubious decisions game interruption and questions over its competence. Video assistance doesnt have the all forty to overturn my decision thats mine and mine alone the decision of the referee video assistants have come under a lot of crisis and from fines players and officials we take a look behind the scenes to find out how it all works welcome to kick off. Marco company got to want to shake our system is. Set up such a. Sick sick sick sick sick. Video assistance the sign of greater fairness in football in theory its a master stroke it was designed originally not to interrupt the flow of the game but to interfere in four key not situations only when a goal is scored it helps relax any potential offside convolve or other infringement in the build up. Straight red card decisions can be re
Individuals dealing with them responsible for this issue is particularly concerning. We can read in the Company Report the level of funds theyre still expecting here. Dont you bank started the year twenty seventeen with seven point six billion euros set aside for litigation risks and fines thats more than in the entire previous history of the bank. The bank paid millions in fines and claims it doesnt do deals like that anymore but what derivatives skeletons are still in the closet its impossible to tell from the outside how dangerous this risk is all thats known is the value of dont you banks to rivet if portfolio. I can understand that the figures you read big enough to be taken and really seriously youre not exactly so. Scared but these are signs will some news from last night. Make you surely dont believe that these positions would still be tolerated in todays world and in todays Regulatory Environment if they werent properly secured and seen as stable in play here and up because he