Obstacles facing oil and gas and why the lock downs are a big deal but may not change much longer term. It is friday, october 16, and this is Worldwide Exchange. If i have it right, i think that is the black key and the song is 10 00 a. M. But were playing it at 5 00 welcome from yfr wherever in th world you are watching stock futures right now are in the green but lets be carefully here, they are basically flat. Dow futures are up 9 points, so in the green, yes, nasdaq up 22, but got a long i way to go the big money question on this bring is whether today will mark a rare four day losing streak for the nasdaq were down previous three sessions, although amazingly were still higher on the week outside of stocks, the big winner this week has been bitcoin. Thats right, up 4. 5 . Climbed earlier back above 11,500 bitcoin has been the winning asset class coming into a friday lets go around the world and it is looking like a nice session in europe as well. Lets ghets t get the trade, geoff c
The president isnt taking her call also coming up the Democratic Party confirms joe biden as his choice to challenge donald trump in the russell election in her address his wife jill biden says chose the man who can unite the nation. Plus a last german Team Standing in footballs Champions League by munich against the old in the next hour for a spot in the finals confidence is high after routing marcello to in their last match now by and hope to regain the magic from their 2013 season thats the last time they won europes greatest football trophy. Hello im terry martin good to have you with us we begin in belarus where there is no let up in public anger about the august 9th president ial aleck. Many people are also angry about the bonnet crackdown faced by opposition protesters on wednesday more workers including those in the Public Sector joined a general strike call to push for Alexander Lukashenko to step down and for a new boat to be held but the autocratic leader is not ready to tal
Good morning. So this meeting will now come to order. Today the subcommittee is holding a hearing entitled oversight of doe, during covid19 pandemic. Members will be participating in todays hearing finally in person or remotely via video conferences. And just as a reminder weve had some technical difficulties in making sure that our remote video was operating up to standard. As part of this hearing, the microphones of members participating remotely will be set on mute for the purpose of eliminating inadvertent background noise. Members participating remotely will need to unmute their microphones each time you wish to speak. For members and witnesses participating in person, i encourage you to wear your mask whenever you are not speaking. Dr. Monahan, our physician, stressed in attending physician covid19 guidelines that use of face coverings is meant to protect other people in case someone was unknowingly infected and does not have symptoms. But wearing our mask when we are not speakin
Why are we greedy. We go in search of answers in the documentary film. Starts may 21st v. W. Big. Oil closes at negative prices for the 1st time in history over supply and a lack of Storage Space means that prices have songs and investors are paying to get out of Oil Deliveries a little of the collapse means for the months ahead. Also on the show makers of krona virus test cant match demands to one producer in south korea. And German Farmers are waiting for rain continuing drought at their. Well its in the months ahead. This is your do you know your Business Report im Stephen Beardsley in berlin its good to have you with us historic day for oil prices a barrel of west texas intermediate crude to be delivered in may closing at minus 37. 00 on monday the behind the collapse too much oil and Global Markets too little demand among consumers that a basic lack of Storage Space the coronavirus pandemic has brought economies around the world to a halt along with the demand for oil after weeks
Crudeng with oil, wti ps more than 100 to 1. 5 a barrel. Negative for the first time, june delivery contract, 21 a barrel. President trump says he will suspend immigration to the u. S. Over virus concerns as some states look to end the lockdown, plus u. S. Officials learned kim jongun was in Critical Condition following Cardiovascular Surgery last week. Washington is seeking clarity on the north Korean Leaders health. Just under an hour where from the start of cash equities trade. Lets look at futures after markets went negative with the plunging oil prices. You can see european futures now, down about 1. 5 to 2 . U. S. Futures, the cash trade close lower in new york yesterday so u. S. Futures are down a little less than european futures, but we are still seeing dow futures down two thirds of 1 . European equity markets on the oil price, some geopolitical news out of the korean peninsula, as well and perhaps a little focus on the data coming through. U. K. Data on joblessness coming th