A short 2 week closure will ease the burden on its Health System now reports as the United Kingdom wonders whether it will soon be under a full lockdown wales has taken a big step down its own path to devolve government is starting what it calls a 2 week fire break from friday the type of restrictions last seen back in the spring between for the 23rd of october and the 9th of november everyone in wales will be required to stay at home this means working from home where ever that is possible and the only exception. Will be critical workers and jobs where working form home is simply not possible the Welsh Government says the measures need to be short and sharp to fight an exponential rise in covered 19 cases its offering almost 400 1000000. 00 in support for businesses affected. Moneys a Sticking Point in Greater Manchester in northwest england earmarked for the toughest restrictions local politicians want similar support to the previous lockdown when workers forced to stay at home got 8
Expectations, both stocks falling. We mentioned somebody was listening in on the Conference Call and it caused that trader to hit the sell button we wont tell you which trader it was just yet. Tim, it wasnt you what did you make of the Conference Call . I think you have a case here where clearly the numbers on the headline looked fantastic. But what was really causing that, that was about provisions, that was about credit quality. Which, its strange because we were complaining that we were fearful that the banks had bigger credit issues that were being possibly seen on the headline and therefore they were putting aside the major reserves what jp morgan look, that beat was a combination of some very strong Investment Banking and fic business but alsos the provisions that came down. Thats something we should everyall be encouraged about with banks bus i think there is more where that came from. But there was some sense this was the only reason. Net margins fell 14 basis points i think ba
Heres a look at whats on deck today. I believe production problems at the rim factory may have contributed to these 2 tragic crashes of the. Following 2 down the crashes involving the boeing 737. 00 max a whistleblower has raised the alarm in congress and our National Regulatory attorney miles advisers on hand to break down the developments and well bring you up to speed on the fate of the planes flight but following a spate of controversy peloton stock has taken a little bit of a dip like a 1000000000. 00 worth were going to take a deep dive into the stocks performance and whether the firm can stand up to scrutiny with the pack show today so lets go right in. And we begin with the u. S. China trade talks in the fact that thursday president trouble is meeting with traded visors to figure out next steps why because at this point it looks very unlikely that a phase one deal will be done before december 15th and so the big question becomes will the Trump Administration allow 160000000000.
They have no other alternatives for in terms of managing supply chain manufacturing are moving their production elsewhere outside of china so given that they have absolutely no backup plan they are all lobbying trump and trying with all the actions and everything he is under tremendous pressure to get some sort of resolution done whether its appealing to them or getting something signed or rolling these tears back like china wanted and yet again that the end of the day if we hit the 15th and those tariffs kick in its going to have an enormous impact on the chinese economy but its also have an impact here in the United States on manufacturers here as well so they get with the markets kind of hanging on every word no late word today is that the trial ministration is looking at going ahead moving forward with a delay of some kind right thats what it is looking forward and that has given the markets a little bit of hope a little bit of a breather but the markets dont forget it has aardman
Social commentator mo answer as well have a great night gentlemen thank you. Very much i love a great sense watching at home when the time of day it is day or night really all around the world this is Art International with me kevin owen here in the coming hours for all the reaction coming into the big vote verdict in britain today at r. T. Dot com and our social media hope you enjoy your program so i can tell you the boom bust team are here next right now for stateside studio to talk about among other things the ongoing troubles at boeing the playmaker is coming up. This is the bus broadcasting around the globe uncovering the world of business and finance and the impact on us all ive been sworn and im christiane washington heres a look at whats on deck today. To leave production problems at the rim. Factory may have contributed to these 2 tragic crashes. Falling kid on the crashes involving the boeing 737 max a whistleblower has raised the alarm in congress and our National Regulatory