Intervention such as Circuit Breakers and bailouts now on the other far end of the spectrum of market intervention many are calling for the markets to shut down temporarily to prevent further selling and quote own the shorts the Philippine Stock Exchange has become the 1st to implement this and announce that its suspending trading until further notice after the market wiped out just over a 3rd of market value since the november highs. Is back below 30. 00 after opec canceled their technical meeting this week that was meant to mediate between saudi arabia and russia sources said that it will be hard for both sides to reach a compromise now and then i guess market warns that extreme oil surplus is possible Monetary Policy is now being discounted as cheap or money does little to restore confidence in the average consumer in the face of a deadly pandemic 0 percent Interest Rates wont make up for much of the massive loss of activity and income for companies and consumers. And were now joine
A casualty of the recent economic slowdown if you havent planned as hard as oil sector we have a live report on how falling demand and a price war has. Been a jam packed show today so lets jump right and. Futures his limit down before market opened monday as the fed said the markets panicking yet again there are technical meeting this week that was meant to mediate between saudi arabia and russia sources so that it will be hard for both sides to reach a compromise now and then i just mark a warrant that extreme oil surplus is possible Monetary Policy is now being discounted as cheap or money does little to restore confidence in the average consumer in the face of a deadly pandemic 0 percent Interest Rates wont make up for much of the massive loss of activity and income for companies and consumers. And for more were now joined by danielle de martino book author of fed up an insiders take on why the Federal Reserve is bad for america and former Federal Reserve insider so danielle startin
Weekend cutting its key Interest Rate by a full percentage point to near 0 and boosting its Bond Holdings by 700000000000. 00 markets are still getting slammed triggering a 15 minute hold again right off the open. Target range for our own Interest Rate by one percentage point bringing it closer or further we expect to maintain the rate at this one and who were confident that the economy has weathered recent events and is going to try to achieve our maximum employment and productivity go. Equities saying deeper into bear territory as the dow is now about 30 percent off its all time highs investors are digesting nonstop news full of companies shutting down operations countries sealing borders and infections spreading in normal circumstances a large policy response such as this weekend would put a floor under risk assets and support recovery however the fear is exponential and markets are questioning what else Monetary Policy can do in mitigating coronavirus induced risks investors are li
The market down continues as an early fed rate fed doesnt work as planned this is boom bust the one business show you cant afford to mess im christiane and im burnt to born washington coming up the Federal Reserve has taken measures to combat the malays of the cope 19 impact we take a deep dive on the move and the way other Central Banks around the world are reacting plus. We have taken other decisions as well as going up the most important is that we have clues to argentinas borders during the next 15 days a period that can be extended to argentina the borders are closed and amid the outbreak what measures are some nations around the globe taking to slow the spread of which i mean we take a look around the world to see which nations. Traveled to states yesterday. And later several industries have been a casualty of the recent economic slowdown you havent planned as hard as oil we have a live report on how falling demand and a price war has. Been a jam packed show today so lets jump ri
Mission in the democratic republic of congo of failing to protect them against the allied Democratic Forces rebel groups. Determined to kick out one of the biggest peacekeeping missions in the world protesters stormed this u. N. Building and a few others. That was suffering a lot because of killing and everyone hearing to leave ive lost my mother and father to the rebels im the only survivor the u. N. Must guard celebrities dillards un wont leave them we wont stop with strong people who lost many of our brothers and sisters through the killings one saturday 8 people were killed in an attack and benny was blamed on the rebels the put up with the violence people caught the victims bodies to the protest oh this is my dead sister right here she came from her temple to visit me last week but the rebels killed the protesters set the town hall and Mayors Office on fire theres been a weeklong shutdown of shops and businesses by the way the Congolese Army launched an offensive against the allie