Not a surprise if you look to see whats happening with the shutdown of the economy, the forced shutdown because of coronavirus. Taking a look at the tenyear this morning, it looks like that is yielding about 0. 735 at least on the last time i looked at the boards it was. And then wti is the other big story today. Joe also mentioned opec plus deal it was an historic one opec and other nations agreeing to cut Global Oil Production by onetenth. Well talk about this in a few minutes. Wti is up by 1. 5 to 23. 11 a barrel. We have a huge lineup of squawk newsmakers including Mohamed El Erian, Richard Preston and dr. Scott gottlieb starting in a few minutes. Andrew thanks, becky hope everybody had a great weekend. Lets bring everybody an update on the pandemic. Of course, the number of confirmed cases in the United States now more than 557,000 and the death toll is more than 22,000 there are 190,000 cases in new york state with more than 9300 deaths that means new york alone has reported more
Alshabab ambush here. Im [ inaudible ] with the sport, including. [ applause ] athletics governing body chooses its new president as it grapples to restore its image in the wake of doping allegations. We are going to start this news hour in turkey. There has been an explosion in istanbul. Eight soldiers were killed on the boarder of the country, and the president is now talking about the country swiftly heading towards early elections. Lets go to Bernard Smith who is our correspondent live in istanbul. So many things going on at the moment, bernard. And always a political background to it. Tie it all together, if you will. Reporter first of all, we have had eight turkish soldiers killed this afternoon in a bomb explosion in southeastern turkey. One of the biggest losses of life the Turkish Military has suffered in the recent campaign against the pkk. The soldiers were in a patrol that hit a roadside bomb that seemed to be detonated remotely. And in istanbul a couple of shots were shot
We showed objectives and we did it. Every dividend helps tesco restarts its shareholder payout after nearly three years of absence as the largest retailer in europe sees strong growth in sales and profit we looked at how we could become more competitive for customers. The volume increased that we could give suppliers, we changed some of the business shape and the costs. The eu is expected to slap amazon with hundreds of millions of euros in back taxes as it concludes its investigation into the tax arrangement with luxembourg good morning great to have you with us on the show once again. Just want to get through some data talking about the eurozone pmis for the month of september the pmi print came in at 55. 7. It seems according to market, the firms in the eurozone built up a big backlog of work, thats encouraging. We had a couple of individual pmis this morning from spain, for example, very interesting given the latest political woes in the country it was the september number, it didn
Still young. We look at empathy machine that gives people a chance to feel what its really like to grow old. More than 100 people have been killed after an explosion sparked by fireworks at a religious festival in southern india. Crowds gathered to watch celebrations where Emergency Services are now struggling to help hundreds of people. Every year, this temple marks the year of celebrations with a fireworks display and cam addition. Once again this year, thousands of people had come to worship and watch the pyrotechnician. It was halfway through the show when a spark set off the rest of the fireworks in storage, leading to this scene. Short of the people who died were trapped in the flames near the storage shed. Chunks of concrete and debris from the temple crushed worshipers. The explosion was felt within a one kilometer radius, shattering the windows of homes in the area. Permission have been south to provide Financial Assistance to the victims. The government is doing its best. Nea
Powerful diplomatic body be run by a woman . The u. N. Is about to decide. A attack in the vicinity of two Palestinian Refugee camps in southern lebanon has killed a fatah member. Its believe an explosive device was placed on his car. He was in charge of security at the camp. Two others with him were injured. The head of the islamic force which is the biggest Palestinian Refugee camp in lebanon joins us now here on the news hour on the line. How would you describe the security situation for us in this particular camp . I think weve lost the line there. We will try to go back to it if we can. We move on. The Syrian Government is preparing to launch an operation to retake aleppo. Charles stratford is on the turkeysyria border, so rewarding aleppo, they seem to be exactly on schedule. This is the time table they were talking about towards the end of the laugh year. Thats right. Its difficult to say exactly whats happening on the ground with any real verification, but certainly the people