President trump says hes pulling the u. S. Out of yet another international treaty. And European Countries face a tricky balancing act as they seek to reopen to tourists without driving up Coronavirus Infection rates again. China is planning to impose tough National Security laws on hong kong following months of mass protests against the Central Government the draft law is expected to be rubber stamped at chinas biggest political gathering in beijing but activists fear it will be used to crackdown on hong kongs Political Freedoms and is likely to make relations with the u. S. Even worse american senators say theyll introduce legislation to impose sanctions on chinese officials for violating hong kongs autonomy katrina you reports from beijing. On the eve of Chinas National Peoples Congress the announcement of a National Security law which criminalizes secession foreign interference and the subversion of state power in hong kong. Could be issues and treat hong kong as an inseparable par
So if you take a look at it youll see its more of a financial thing than in the oil situation. But surely note that month. B. S. E. Huge. Oil that is going to storage right now probably seen quite the bottom. Where we havent. Were going to. Beat oversupply situation with. Many months. I have to say in all seriousness that the collapse in oil prices is a danger for the Global Economy to be there certainly have plenty of oil. Also coming up another victim of the virus but there will be no drowning of tears in beer for 2020 the munich october fest is tapped out. Which is painful for us its a great pity because with many things this is not a normal year and this is. Were going to be the 1st. One to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the unexpected and unintended consequences of battling the coronavirus much about our world at the moment can be described as unexpected almost accidental who would have imagined just a few months
Seen quite the bottom of the oil yet to be aware we havent quite seen. Were going to. Be oversupply situation. Many months. I have to say in all seriousness that the collapse in oil prices is a danger for the Global Economy to. Certainly have plenty of oil. Also coming up another victim of the virus but there will be no drowning of tears in beer for 2020 the munich october fest is tapped out. Which is painful for us its a great pity because with many things this is not a normal year and this is something going to be a year with up to the 1st. And to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the unexpected and unintended consequences of battling the coronavirus much about our world at the moment can be described as unexpected almost accidental who would have imagined just a few months ago that we would all be living in lock downs working from home or losing our jobs altogether our world tonight requires a lot less fuel and energy
A long political stalemate in israel the Prime Minister signs a deal to form a unity government with the former opponent. We stand with you and we grieve if you. Canadas Prime Minister pays tribute to those who died in the countrys worst mass shooting as the death toll rises to 18. The World Health Organization is warning countries against loosening coronavirus long down restrictions that as governments in europe begin easing social isolation measures germany has reopened some shops and schools Nursery Schools in norway are also reopening to the Czech Republic denmark poland also lifting the shutters on some businesses but European Union Health Experts are warning the battle is fast. Over with infections nearing 1000000. 00 well india has partially lifted its lockdown allowing agriculture manufacturing and construction to resume that says the country reported its highest single day increase in new infections well Health Organization is caution countries the easing of what downs worldwi
Many citizens are demanding an end to stayathome orders right now. Well have the very latest on this revolt. One country, south korea seems to be doing right. All that and so much more on making money. Charles all right. Stocks under pressure all day long but it is crude oil the center of attention, folks. The may contract down 98 , a record low. On friday, Energy Companies ironically they were the biggest gainers in the entire market even though crude was down we had a great guest on, a oil executive. We wondered what he thought had to happen with the commodity price. He said that the oil industry had to do something it never did before. Take a listen. The choice is clear right now. We have twoways we can go about this we do nothing. That will lead to single dollar oil prices. It is going to decimate the domestic industry. Over a million jobs will be at risk and it is going to increase our dependency on foreign oil. Or we are part of a Global Solution to what is clearly a global probl