And there is still a lot of opportunities out there. Chris, i want your thoughts on this monday morning sell off such a weak week last year we see potential buying opportunities in the midst of it. Referee y yes, i think th markets are looking forward to it finding opportunity for the market, you know there is clearly volatility that is increased. The Health Crisis is rearing its head, we spoke to a lot of schedules, and other companies that were invested in, generally managements are nervenerv nervo nervously optimistic so for investors, we find them as great opportunities we dont know if they bought at this point or what does it make more sense than normal to invest in companies. I think is a chance for asset inflation. And when we look at companies that are investing in this futu future, data centers, software and security, military modernization, all great long term sector growth stories that i think investors can get behind and technology is a great place to be because they have m
It will be good. To see. After months of antigovernment protests and Political Uncertainty iraq is now grappling with the worst fiscal crisis in decades. Iraqs economy and state budgets are heavily reliant on oil income and have been hit hard by the sharp decline in Global Oil Prices the world bank has projected g. D. P. To contract by 9. 7 percent of the fiscal deficit expected to reach almost 30 percent of g. D. P. Iraqs newly appointed government led by most of the me is now faced with the challenging task of implementing long overdue Structural Reforms such as reducing Public Sector employment while also keeping popular unrest at bay im so want to get out as iraqs fiscal crisis deepens we ask what needs to be done to address it and how can the new government overcome entrenched political interests that oppose reform while also winning over a public that has lost trust in the political establishment. The World Bank Special representative to iraq talks to aljazeera. Special represent
Quite a bit now. Its big ramifications for the reelection campaign, as well. A 7. 8 down 1660 when it was halted we have had 1,000moves for 7 straight sessions. Lets get more on everything going on bob pisani at the New York Stock Exchange bob . Our fourth trading halt, a circuit breaker. Down 7 . The fourth one in two weeks here look at the markets here 2351, very important number. The old december 24, 2018, low technicals not much good to anybody these days we are sitting right on top of that again, just want to review the Circuit Breakers level one, we halt 7 . We halt 15 minutes so well reopen in about ten minutes or so. If that happens again, theres no stopping at 7 . The next one is 13 . Thats until 3 25 and then there is no trading halt after 3 25 p. M. Eastern time unless you drop 20 in terms of whats bothering the market, ill put up a chart to explain everything everythings down. So here you see Corporate Bonds down here you see the s p 500, equities down. Here you see croude
Announced the equivalent of a nation wide lockdown to talk more about that chelsea de laney is then by force in frankfurt. Tell us about the effects then on the eurozone considering whats happening to the euro zones 3rd biggest economy. Well for italy this a lot of economists say this basically guarantees a recession expectations for italys t. T. P. This year were basically flat there was expected to be no growth and these containment measures are going to have a Significant Impact on the economy what the government has said so far is that people can still go to work if they need to Public Transit is still open in some cities but this is obviously going to head you know travel tourism retail all sorts of industries and it could certainly push italy into recession but what this means for the broader euro zone is really going to be determined by what happens to other euro zone countries and in terms. Spread of the virus germany for example is also dealing with the surge of corona virus c
Americas opioid epidemic. Thats all coming up on outside source. Theyve done so by paying fines of well over 200 million. Here we have it, published in the last hour. The British Government has just published its eu Withdrawal Agreement bill, ten days before brexit is supposed to happen. The bill is 110 pages long. Mps have to read it quickly. They are being asked to approve it and vote on it in the coming days. If mps approve it, brexit on 31st of october becomes much more likely. Not certain, because it has to be ratified by the European Parliament as well. But, and its a big but, we dont know if parliament will support it whenever the vote happens. We dont know if parliament will resist the very tight timetable its been given. And we also dont know if parliament will support amendments that would effectively wreck the deal. This is tim shipman of the sunday times saying the withdrawal bill, let battle commence. This person at the Huffington Post says, a bit of history, the bill gets