Over Prime Minister or is Johnsons Corner virus trying to cheat in the u. K. And china reopens disneyland in shanghai even as new coronavirus cases are equal to it in one city. Thank you for joining us we begin with some breaking news out of saudi arabia for us which has announced major budget cuts and an increase in the value added tax as fire of measures aimed at shoring up state finances which have been battered by loyal prices and the corner virus pandemic according to the state news agency there. Has been increased threefold from 5 to 15 percent the government has also canceled the cost of living allowance for all Public Sector employees starting next month well bring you more details on this breaking news story as well as analysis and reaction later here on aljazeera now and. Libya and the battle for tripoli turkey says attacks on the countrys only functioning airport 10 Diplomatic Missions in which civilians have been killed amount to war crimes and its warning it will take acti
In steps towards a new normal. And europe steps up the search for a Coronavirus Vaccine new boss special a funnel line wants to raise 7500000000. 00 euros to fund an affordable vaccine for the whole world. A michael oku glad to have you with us north korean state media say leader kim jong un has made his 1st public appearance in nearly 3 weeks kim is said to have opened a Fertilizer Factory near the capital pyongyang the official News Agency Says he was greeted with hundreds cheers its the 1st report of kim carrying out an engagement since he missed National Anniversary celebrations last month there has been speculation he was seriously ill or even dead. Joining me now is correspondent frank smith in seoul hello frank how reliable easiest information coming from the state news agency showing kim jong moon alive and well well id have to say that Korea Central News Agency is much more reliable vote the reporting of kim jong un in the north korean elite then you know the websites that wer
Family members as that country list coronavirus walk down restrictions and steps towards a new normal. Europe steps up the search for a Coronavirus Vaccine e. U. Boss purslow funnel line wants to raise 7500000000 euros to fund an affordable vaccine for the whole world. And as Germanys Bundesliga considers when and how this season will resume 3 members of the cologne team are placed on 14 day quarantine after testing positive for covert 19. A michael its great to see you with us north korean state media say leader kim jong un has made his 1st public appearance in nearly 3 weeks kim is said to have opened a fur. Allies are factory near the capital pyongyang efficient News Agency Says he was greeted with funders cheers its the 1st report of kim carrying out an engagement since he missed National Anniversary celebrations last month there has been speculation he was seriously ill or even dead joining me now is correspondent frank smith in seoul frank weve just seen new video from the state
Nearly full with no buyers insight. The otherworld benchmark bench crude is down by 62 since new years day and falling. Demand to so will refineries now working at only 69 of capacity a level not seen since the great recession. Oil refinery giants marathon closed three other refineries including the one in concorde across the county. Many producers keep pumping oil because shutting the wells down may seriously damage them. Or decrease their future production. U. S. Producers with their higher production costs will be the 1st to shut down. Causing big losses for their shareholders and bondholders. Very likely many of these committees are going to go bankrupt is the price of oil were to go back up they would start producing oil demand for gasoline down 50 diesel down 30 . Jet fuel down 75 . As of today the aaa fuel gauge ort says the average price of a regular gallon of gas, across the nation a dollar 81. That is 0. 34 per gallon less expensive than a month ago the dollar three a gallon
The reasons for the increase in demand for oil. Canadian authorities announced that this years forest fires in this country produced more than one billion tomans of Carbon Dioxide. France reported that this figure alone equals the annual emissions of Carbon Dioxide by japan, which is the fifth largest economy in the world. In the fires of the last few months, canada alone is 200 million tons more than the amount of pollution produced by the aviation sector in the world. In forest fires and canada this year, 13 and a half million hectares of forest lands were destroyed. Nigeria left 40 dead and injured in this incident, 10 people died and 30 people were taken to the hospital for treatment. One of the survivors of the collapse of the mosque building happened during prayer, so that after hearing a terrible sound, the walls and roof of the mosque fell on the worshipers. This mosque was built more than 150 years ago it was filled with worshipers during the fall, the collective cave of the s