S p 500 higher. Groups leading gains include stayathome stocks, consumer services. Oil after inventory close to 41 per barrel, big drawdown way more than anticipated. The 10 year yield up. The dollar index continues to weaken. Plenty of strength in euro. We will talk Canadian Dollar in 10 of 1 after the decision from the central bank. Ministers agreed to boost oil output. This will be offset by members that did not fulfill commitments in june, such as iraq and nigeria. The saudi minister sees a ceiling. Ellen, this was the deal agreed to by members. Will that have any impact on members for those countries so dependent on china . Ellen that is a huge question. According to the saudi oil minister, not a single barrel will be exported extra in august compared to july. He perceives saudi arabia will consume extra barrels produced domestically and while the price people in saudi arabia pay for oil cost has gone up recently, it is not merely what the saudi government would get if they were s
Standoff over highway checkpoints native american tribes clash with the republican governor in the u. S. State of south dakota. Another snag for the largest hydroelectric dam in africa sit down rejects ethiopias plans to start filling the reservoir with water. And parts of a Chinese Rocket crashed to earth in the most significant uncontrolled descent of space junk in decades. The European Union is urging leaders to reopen borders closed because of the coronavirus pandemic tourism makes up 10 percent of the blocks economy and the e. U. Says the industry is now at the risk of collapse unless urgent measures are taken natasha bottle reports from power. A glimpse of war going on a holiday in some parts of europe will look like this summer barriers separating sun loungers on the greek island of santorini not the beach experience the most holiday makers a used to but one that complies with new social distancing rules we hope these barriers wont be the future for beaches we dont want this but
Thats the question of the global lockdown shows only a few signs of being lifted. Strain your 2nd largest domestic air carrier loses control of its company because of a lasting effects of the pandemic. Welcome to the program as coronavirus cases in the u. S. Continue to climb President Trump says hes now planning to temporarily suspend immigration in a tweet he said it was necessary to stop the outbreak and that it would also protect american jobs trump previously suspended travel from europe china and other nations because of the virus lets talk to john hendren now he joins us live from chicago john so a rather ominous tweet from the president saying immigration to the u. S. Will be temporarily halted what more can you tell us. Thats right daryn this is a surprise in the sense that it was delivered late at night not in his News Conference where he could be questioned about it and that just happened hours ago here in the u. S. But this is fully in character for donald trump you remembe
And the asian markets react strongly to news about the collapse in old prices well take you live to hong kong for the latest. And australias 2nd Largest Domestic Airline the hands of the control 2 administrators and the struggles from the effects of the pandemic. Coronaviruses cases in the United States continues to climb President Trump says hes now planning to temporarily suspend immigration in a tweet he said it was necessary to stop the outbreak and that would also protect american jobs trump previously suspended travel from europe china and other nations because of the virus lets go live now to john hendren in chicago john so a rather ominous tweet from the president what more is he been saying. Thats right there in excuse me distracting wind here but im in chicago and they dont call it the windy city for nothing and the president issued this tweet in the dark of night and he seemed to do that for good reason he could have made this announcement at his daily News Conference where
News of the collapse in oil prices will take you now live to hong kong for the latest. On the corona virus is spreading rapidly inside some of the worlds most congested jails in the philippines. As coronavirus cases in the United States increase President Trump says hes now planning to suspend all immigration in a tweet he said it was necessary to stop the outbreak and protect american jobs trump previously suspended travel from europe china and other nations john hendren has more now from chicago and why trump may have announced the plan the way he did. The president issued this tweet in the dark of night and he seemed to do that for good reason he could have made his announcement at his daily News Conference where he talks about the coronavirus and all of the actions the administration is taking but by issuing this mysterious tweet late on a monday night he gets the morning news cycles where the newspapers d in the morning shows talking about what hes had to say and then in the after