Tracing how effective it is being. Plus of venice is reopening its canals and landmarks to International Tourism but despite the sharp drop off inters cash after months of lockdown not everyone is welcoming their return. Im brian thomas great to have you with us today south korea has accused the north of blowing up a joint leaves own office near the border between those 2 countries the office seen here when it was opened 20 teen handles enter korean relations is situated in the town of k. Song thats just north of the border the explosion comes as tensions between the 2 sides escalate over a leafleting Campaign Going yang is furious at seouls failure to stop activists from air dropping propaganda over the border into the north. Ok lets get up to date on this breaking news story from correspondent frank smith joining us from south Koreas Capital seoul good day to you frank whats the latest what caused this incident well this is really an escalation of what had been kind of an Ongoing Cam
Concerns. And President Trump confirms washington will be slashing us from in germany he says hes acting because berlin has not been paying its fair share of naders budget. Im brian Thomas Critelli with us today north korea has blown up a joint lives own office near the border between the 2 countries the office seen here when it was 1st opened in 20 teen handles inter korean relations situated in the town of case song thats just north of the border the explosion comes as tensions between the 2 sides escalate escalate over a leaflet in campaign pyongyang has sharply condemned souls failure to stop activists from air dropping propaganda over the border into the north. Lets get up to date on this breaking news story with correspondent frank smyth in the souls in seoul south south Koreas Capital good day to you frank can you phils on on the latest on what sparked this incident. Well this was sparked by north korea again harshly criticizing the south korean government for its failure failur
Coronavirus outbreak in berlin and a whole compartment blocked quarantine stories are putting it down to crap Living Conditions of a growing complacency about the panda. And a charge of murder against a white Police Officer in atlanta who shot a black man in the back and prosecutors say the key witness will be another Police Officer a rare breach of police all of that. Im brian thomas great to have you with us today germany sasser on a macro has urged the e. U. To agree on a Pandemic Recovery package for the block before the end of july she made the call there she told the german bundestag about her vision for germanys e. U. Council presidency that begins on the. Ly the 1st he said europes Recovery Plan will be limited in time and will involve borrowing on International Money markets a lot of the pandemic and the economic fallout is the biggest challenge the e. U. Has faced in its history and she stressed that all Member States need to approach goes against the spirit of compromise. He
Nobody wants a second wave. The market starts the week on the upside again. Investors like the get back to work trend and there are several forecasts of imminent recovery for the economy. Secretary mnuchin says there will be a rebound july, august and september. The dow is looking at a 200 point gain first thing this morning. Thats close to 1 . A nice gain for the s p, close to 1 . The nasdaq will be up over a half percentage point. Now, the reason the nasdaq is up, because of this. This week, many Big Tech Companies report their financial position. Strong results expected because the virus lockdown has a more limited effect on these companies. Premarket, most of them are up. But look at oil. No joy for the drillers. They are looking at 12 a barrel and the worldwide glut shows no sign of easing. Over the weekend, the price slump claimed another victim, diamond shamrock. The drillers declared bankruptcy. The price of gas still falling, albeit slowly, about one cent down a day. The avera
Musicians look full of making money. Because of the virus. Welcome to the program for the 1st time in history u. S. Just crashed into negative territory on monday that means producers have to. Take oil off their hands the crash was triggered by a collapse in demand as the world continues its shutdown because of the coronavirus its an Unprecedented Development well discuss the impact in just a moment but 1st this report. Went. To one thing. We certainly have plenty of oil. In fact far too much of it the president tried to calm nerves after the value of u. S. Crude went negative for the 1st time ever on monday at one point reaching minus 40. 00 a barrel in a month or so go a little bit its at 25. 00 and 28. 00 or so its largely a financial squeeze and they did get squeezed with a traders who found themselves on monday under heavy pressure to sell off their crude futures to the rising cost of holding the oil in the u. S. Is when dealing Storage Facilities means keeping it is becoming too