Absolutely extraordinary. I know lisa is going to touch on this. Can we all focus a moment on 800,000 in claims at 8 30 . What is still involved in our politics and our markets is a labor economy that is, to be polite, fragile. Jonathan secretary mnuchin throwing some cold water over that. We need to talk about the new restrictions across the continent in europe. The economic recovery in europe was already fragile, already stalling. These restrictions will make that worse. Tom ive so glad you bring this up. You and i have been going back and forth on this since you got up at 9 00 a. M. London time. What i really want to focus on is the federal solution and application in europe versus the statebystate solution in america. Is that accurate . Jonathan youve also got the local issues in the United Kingdom that have really brought london into the equation. The north of the country was facing much tougher restrictions , looking down to london and asking, what about them . The answer is lond
The north but made no reference to provocative actions by pyongyang. A ceremony was held on thursday at an air base outside the capitol of seoul. In his speech, moon noted that the fighting ended with an armistice agreement, not a peace treaty. He expressed hope that north korea would launch a bold endeavor to end a sorrowful war. But the norths moves remain unclear after recently playing hot and cold with the south. Last weweek, pyongyangng blue u intermediate yan liaison offffi. Then pyongyang reversed course. It dismantled loud speakers and decided to suspend military action plans against the south. The south Korean News Agency says the Moon Administration is underscoring its unwaivering policy of seeking peace and prosperity to interkorean peace. It is part of efforts to bring pyongyang to dialogue. Leaders of the tenmember association of Southeast Asian nations will hold a summit via video link on friday. They are expected to discuss the coronavirurus pandemics severe Economic Imp
Interview, i indian aututhor Arundhati Roy assesessed modi i exploiting the pandemicc to incite the persecutions of hundred ai muslims in the nation. I am phil. Welcome to the program. Germanys Health Minister says the countrys coronavirus outbreak is now manageable, and the National Disease control agency has confirmed that the infection rate has now declined to less than one. Germany has seen one of europes highest number of infections, but low death rates. Officials attribute this to testing. As the country looks forward to next weeks easing of gradual lockdown measures, jens spahn is s still u urging caution. Germanyss strereets are empty. Its stores still closed. A result of the countrys strict physical distancing measures. After almost a month, the restrictions are proving successful. Germanys hospitals have i. C. U. Space to spare. At least 10,000 intense jimmy v care weds are available. This means the Health Care System has not yet been overwhelmed by the pandemic. According to
mining stocks trading lower today. also seeing weakness in the single currency, down by 0.2%. dollar strength persisting. we also have the story in merkel sith angela political success are stepping down. that is a surprise. we are continuing to watch what is happening with the coronavirus. that makes a significant inroad into what we are talking about. we are joined now by mark haefele, ubs both management global chief investment officer ubs wealth management global chief investment officer. he joins us now. is it a market story? how do you think it will be factored in over the coming quarter? it is a market story based on fear causing a wider reaction in the economy. like everyone else, we are focused on what is the direct impact and how long it is going to last. i think in our analysis, while the number of cases has been rising, the death rate remains someively low, and despite cases breaking out in singapore, certainly a developed market, this remains contained, and ther
make no assumptions. christine lagarde tells bloomberg that as the ecb works on its strategic review, policy is still very much up for debate. look at the facts. let s look at how the economy evolves. that is how we do. we need to be fact driven, clear in our communication. i am saying today, do not assume. interview from that throughout the program, and on containment, china s death toll rises to 25 from the coronavirus. the government expands its lockdown to 30 million people. a population larger than that of australia. r is said to be holding discussions for all of its roundup claims for $10 billion. just under one hour away from the start of cash equity trading throughout europe and in the u.k. take a look first off that where we see futures trading. right now, looking at some pretty decent gains. the dax futures are up .8%. captain ftse futures cac and ftse futures up. away from theiles new york stock exchange last day of trading for the week, we do see gains on that.