Wrong the bottom line on u. S. Politics and policy is a matter of fact on the world. Hello daryn george this is counting the cost on al jazeera your weekly look at the world of business economics this week. A battle for the heart of opec who will capitulate 1st putin all m. B. A. s as a price war decimates the markets. Will the most liberal democratic nations by beijings Ai Facial Recognition Technology to control their citizens. And the lebanese lived a dream that was a delusion while lebanon was drowning in debt words of the Prime Minister of his country defaulted on its debt for the very 1st time. Well at a time when the world is dealing with the fast spreading coronavirus that has decimated supply chains induce panic buying and grounded flights the last thing it needed was 2 nations declaring economic war well saudi arabia and russia have been working together to prop up oil prices for the last 3 years but fell out of a riyadhs insistence that they agreed to cut oil supplies by 150
Higher. We had a Statement Issued from the bank of korea after a government meeting that outlined some potential support measures. The asx 200 at one point close to 4 , now higher by. 8 . Than twoes up more point 5 , this after President Trump spoke. We are also seeing safe haven bids. The dollar yen after moving towards 100, back wrenching above 10 three. The worst g10performing currency today. Gold also falling for the first day in 4. Treasury yields shooting to the upside. The 30year is up nine basis points. Some of the largest moves we have seen to the upside for the 30year over the past three years. Haidi Sarah Ponczek, taking a look at the action. And how very quickly the market story is changing here in the Asian Session. Singapore forr to more analysis on where the markets are going and what the catalysts are. Joining us is all across asset. Ditor, joanna what are we seeing in terms of this slight shift in the markets . Pretty typical after you have such a big down a deep marke
Shah Mahmood Qureshi talks to aljazeera. Hello im daryn jordan this is counting the cost of aljazeera your weekly look at the world of business and economics this week. A battle for the heart of opec who will capitulate 1st putin all m. B. A. s as a price war decimates the market. Will the most liberal democratic nations by beijings Ai Facial Recognition Technology to control their citizens. And the lebanese lived a dream that was a delusion while lebanon was drowning in debt words of the Prime Minister of his country defaulted on its debt for the very 1st time. Well at a time when the world is dealing with the fast spreading coronavirus that has decimated supply chains induce panic buying and grounded flights the last thing it needed was 2 nations declaring economic war well saudi arabia and russia have been working together to prop up oil prices for the last 3 years but fell out of a riyadhs insistence that they agreed to cut oil supplies by 1500000 barrels a day the reason was simpl
More bushfires could increase later this week. And a chaotic day adventist will as michael lawmakers put declare themselves parliamentary president says police war u. S. Backed Opposition Leader wide open and the National Assembly despite a determined effort. Plus the stars come out for the Golden Globes as called he was pressed and brightest hits the red carpet well have the winners from one of tinsel towns biggest the. Plough im terry marchin good to have you with us u. S. President donald trump has threatened to rein in cultural sites and bowed to impose severe sanctions on iraq if it expels u. S. Troops thats as blowback spirals over the u. S. Drone strike that killed irans. Top general as well as an Iraqi Militia leader in baghdad friday meanwhile in tehran irans leader. Has been leading prayers at the funeral for general custom solar money and others killed in the strike hundreds of thousands of iranians have filled the streets to mourn his death and call for revenge against the
Of more bushfires could increase later this week. Plus the stars come out for the Golden Globes as hollywoods best and brightest kick the red carpet with really how the will is strong chilltown surprise the biggest not its. Coming to you im. U. S. President donald trump is valid to impose severe sanctions on iraq if it expands u. S. Troops deployed in the country thats as tensions increase over the targeted killing of irans top general by a us drone strike in bandar on friday in tehran irans leaders of the Funeral Services for general Qassam Silliman he and others killed in the strike. Weeping over the remains of irans top military commander. Green leader ayatollah ali how money visibly moved as he leads funeral prayers for his former close ally. Hundreds of thousands of mourners gathered to pay their respects to general kasim salim money killed in a u. S. Drone strike in iraq on friday. His assassination is considered a declaration of war by many iranians. Speaking at her fathers fune