Market. Three year and 10 year bond options coming in superstrong. Watch how that winds up performing. Time now for todays top market moving news from our new york team and washington team. We want to begin with economic the u. K. Economy shrinking on the 6 in march. Predicting what could be its deepest contraction in more than three centuries. Bloombergs Michael Mckee has more. Michael ask not for whom the bell tolls. It is the u. K. This time. Just one week under lockdown was still enough for a 2 contraction during the first quarter. As you mentioned, a 6 contraction during the month of march. Britain plunging into what may be its worst depression or recession, at least, since 300 years ago. Three centuries, according to those who have been figuring out. Tourism fell by 46 , air transport down 44 . Engine ofpending, the the economy, down 1. 7 in the first quarter, the largest drop since the financial crisis. We got data from the British Retail Consortium saying total sales down 19. 1
There sara so im here at North Central university located in Downtown Minneapolis where the Memorial Service for george floyd is that were wrapping up just moments ago reverend l. C. R. Been delivered to these eulogy and he stated. Keep going until we change the full system of the trust has now he had everyone stand for about 8 minutes to represent the amount of time that george was payment to the ground the rights leader he spoke to the president earlier today and he said as a community we need to bring up from the funeral here all of africanamericans who have been killed by Police Officers is another is another sara now for those who are unfamiliar with reverend al sharpton he also deliberate the ulu g. s of Michael Brown and eric garner an arab girl nurse and one who died in a similar. Way and i do want to mention that there are nerves a mother is here at the Memorial Service as well known sharpton called what happened to george would and. Murder he said he believes this time as a d
A turning point. Accused of involvement in the murder of his former wife the suitors Prime Minister resigns after months of speculation. And left high and dry by the coronavirus endemic filipino maritime workers will now face an uncertain future. There will be an independent inquiry into the International Response of the coronaVirus Outbreak investigation will include an examination of the World Health Organizations role the 194. 00 w. H. O. Member states unanimously passed the European Union resolution that would allow for what they called a comprehensive evaluation of the Global Reaction w h o director general dr. Welcomed the resolution our own ways. That majority remains fairly quite muted to transparency accountability and continues improvement we want accountability. Anyone. But the resolution follows sharp criticism of the w. H. O. By u. S. President donald trump he says missteps by the organization came at an extreme cost basically they have to clean up their act they have to d
A top suspect in the rwandan genocide should be tried. In britain. And 4 Police Officers are fired in the u. S. After the death of an unarmed black man that strayed gives new protests. Thank you for joining us we begin in hong kong where more than 300 protesters have been arrested after a standoff with police in the heart of the city one of the. Police used pepper spray to disperse crowds rallying against a bill that could see people jailed for mocking chinas National Anthem they were also demonstrating against a security law proposed by beijing activists insists it will mean the end of hong kongs freedom and rights but probe aging politicians say its necessary to defend against what they call homegrown terrorism. I think people need to recognize that separate systems is based on our ability to poto National Sovereignty security and developmental interests if we become a threat to National Security or a base for subversive activities the separate systems cannot be maintained so and har
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