Road, maybe that is actually not the case. Rolling overs as well. Maybe that is oil. It could just be a sentiment feeling, as well as any sort of Political Risk because of kim jonguns health uncertainty. Lets get to todays market moving news from our team in new york, as well as washington. We want to begin with this meltdown in the oil market. Wti futures plunging below zero for the first time in history yesterday as many storage tanks reached capacity. Brent for delivery in june pushing to the lowest levels since 2002. Annmarie hordern has more. Annmarie what we are really watching today is the number of contracts for wti and brent. Yesterday, the big question was is this just a big technical anomaly. I think what you are seeing today is that this is more widespread. What is showing is what traders have been saying for quite some time. Thething i want to bring up point is the june contract, trading at 16. 69. That is a contract that is not expiring. In 18dropping the most years. You
Without work in stock markets in freefall Congress Remains stuck on approving a rescue deal to battle the pump and they can bolster the economy. Hello this is Art International from moscow welcome to the program is just one of the afternoon here now this tuesday with a slightly new show job in place for you for the time being im kevin o. In it with my colleagues will be here every day at this time to update you on the latest in a full 30 minute world news round up there are currently over 3 184000 coronavirus cases worldwide with over 16000 deaths and over 100000 people having recovered. Well 1st of the latest developments here the russian government has announced new measures to tackle the spread of covert 19 it includes bigger penalties for breaching quarantine rules and a new system to track people whove had contact with others whove been infected the kremlins refuted claims though that such surveillance might violate Civil Liberties down off reports next. Well so far russia has mor
Expect to live with the coronavirus for months. The waiver of us continues when millions of americans fighting for benefits in the past week take your life to. Octets a quarantine maaco the russian Facebook Group is recruiting pets fatness household crops to leave much of the classics. Im sure to the program the e. U. Commission president the line has admitted that the bloc was unprepared when the coronavirus pandemic hit on that it failed to help basically when it needed it most with 21000 deaths a culvert 19 is it its really hard to been any other european country road has expressed dismay of the even. Initial response European Countries were slow to send medical aid some even ban the export of vital medical supplies addressing the European Parliament in brussels the Commission President apologized and said the block to now has to come together as never before to fight the pandemic yes it is true that no one was really ready for this. It is also true that too many were not there on t
Reached its not expected to hit the city for several more days. Against the backdrop of the most deadly days since the virus hit the u. S. President trump continued his feud with the World Health Organization accusing it top initially minimizing the threat of the virus and responding shop lead to that agencys director general who said that politicizing the virus could lead to more body bags if youre losing more body bags i think we would have done. And he would have been much better serving the people that hes supposed to serve if they gave a correct analysis and everything was a said china centric everything was going to be fine no human to human keep the borders open he wanted me to keep the borders open i close the borders despite him and that was a hard decision to make at the time were all together made a decision against the World Health Organization i cant believe hes talking about politics when you look at the relationship they have to china so china spends 42000000 we spend 45
A growing belief that the Party Establishment has already shown its preference and this really puts its northern provinces on lockdown and the coronavirus break with the strengths of tourist mecca is like milan looking eerily empty and coping with poor insane russia. Describes his 2 weeks in self isolation after a trip to hong kong. When they 1st mentioned quarantine i thought would be like a mini vacation. As it. It is a. Hello there the latest news in the review of the last 7 days youre watching a weekly here on r. T. International and i agree says it has prevented iran 39000 Asylum Seekers from crossing into the us from turkey the situation escalated after ankara said it would no longer on or a deal on migration. Oh a little bit of. A poem 7. I. Always go for going to greek territory who leave the rest of it. And in my mind this is really me go way off and during one country. Where on thursday turkey did announce the deployment of a 1000 Additional Police officers to the border to s