A spin around the globe to see how markets ended the week and later a series of blockbuster films have been delayed due to the pandemic we welcome in a movie Industry Expert to discuss what effect it will have on the bottom line we have a packed show today so lets dive right in. And a huge settlement today as u. S. Investment Bank Goldman Sachs has agreed to pay a 3900000000. 00 settlement over malaysias criminal probe into the multibillion 1. 01 m d b scandal now the settlement could also help bring an end to the u. S. Justice departments investigation into the same issue now the deal includes a 2500000000. 00 cash payout by goldman and its guaranteed to return at least 1400000000 dollars in proceeds from assets linked to the Sovereign Wealth Fund one Malaysia Development b h d now malaysian and u. S. Authorities estimate 4500000000. 00 was stolen from one m d b in an elaborate scheme that spanned the globe. And implicated high level officials in the in the fun former malaysian Prime
Attorney general william barr defends the trumpet ministrations response to recent the anti racism protests and livelihoods washed away in bangladesh where a 3rd of the entire country is now submerged by monsoon flooding. Back into the program spains Prime Minister has reacted with outrage at british and german travel advice that their citizens of void its islands and beaches during the height of the summer tourist season because of an increase in coronavirus cases tourism is seen as crucial to rebuilding spains economy after months of restrictions but there are reports now from one of the worst hit areas barcelona. Jungen relaxed a little has a change for the youth of barking on Isis Economides crisis despite 3 months of Strict Lockdown in c. T. They feel mediately return to the old social habits. Is 19 years old shes refusing to follow the governments social distancing measures or wear a mask which is now mandatory in Public Places we want to see people going to pay to now we are fre
And on a mission to search for signs of life in space because mars rover blasts off in florida heading for the bridge. So theres more proof of the devastating impact of the pandemic on the United States on wednesday one person died nearly every minute from cave 19 and its seeing its worst financial slump since the 940 s. Its economy has shrunk at the fastest pace on record it is down 9 and a half percent between april and june in the past week another 1400000 people applied for jobless benefits at the same time europes biggest economy thats germany has plunged into recession shrinking by record 10 percent the pandemics wiped out nearly a decade of growth and now u. S. President on trump news talked of the strength of his countrys economy is asking whether novembers election should be postponed ok lets get more on that in a moment from our White House Correspondent can we hug it but 1st to gabriel as i know whos standing by for us in new york at 1st up those figures there very broad num
Guilty all the corruption from a malaysian Prime Minister a sentence simple than a decade in prison. For legs and involvement in the one and the scandal so could this be a step towards brought in malaysia and what if any of the political ramifications this is inside story. Hello there and welcome to the program im noriko for you is the one m. T. B. Scandal has shaken malaysia billions of dollars were allegedly looted from a state fund set up to promote development a former Prime Minister was implicated as well as a network of Foreign Companies relations rule of law was put to the test on tuesday of Energy Results involvement in the scandal he was found guilty of 7 corruption charges and sentenced to 12 years in prison also being fined close to 50000000. 00 so the 1st of 5 corruption trials and is centered on the transfer of nearly 10000000. 00 from the state fund into the jobs personal accounts he denies any wrongdoing and says he will appeal this is what najib had to say after the rul
Government not taking the necessary action to really address some of the structural issues we listen i still think that air travel is the safest mode of travel and to spend that we meet with global news makers and talk about the stories that matter. Guilty of the corruption former malaysian Prime Minister a sentence of more than a decade in prison councilor jeepers accolades and involvement in the one g. B. Scandal so could this be a step towards rooting out graft in malaysia and what if any of the political ramifications this is inside story. Hello there and welcome to the program im laura caro for years the one m. T. B. Scandal has shaken malaysia billions of dollars were allegedly looted from a state fund set up to promote development of former Prime Minister was implicated as well as a network of Foreign Companies relations rule of law was put to the test on tuesday over najib results involvement in the scandal he was found guilty of all 7 corruption charges and sentenced to 12 yea