Austrias chancellor tells us shared debt is not the answer to the coronavirus crisis. Meanwhile, chancellor merrickle here in germany has a workaround for the dispute over e. C. B. Bond buying. Testing times. President trump says the u. S. Has prevailed in the battle to boost coronaVirus Testing to capacity. This as Boris Johnson is forced to water down his plans for rebooting the u. K. Economy. Plus, the fed dips into credit on the corporate side. Today marks the opening of a much anticipated facility to buy corporate debt e. T. F. , a key part of the Central Banks coronavirus strategy. Just you said an hour away from the start of cash equity trading in europe and the u. K. Lets take a look at futures here. Ftse n see that we have futures it is changed. Futures across the board are not moving very much, although at least in europe we see some direction. Everything moving to the down side. And more so when you look at the da x, the ibex and the ftse down a third right now. Take a look
You know the Strategic Reserves and were looking to put as much as 75000000000 barrels into the reserves themselves that would top it out that would be the 1st time in a long time its been topped out with get it for the right price well some of binge of aid has more from doha on the impacts the Oil Price Drop may have in the middle east. It has a number of repercussions for the gulf economies that predominantly for leaders such as saudi arabia which have been trying to control the way the markets have been acting to the amount of oil that it has been getting in the last few weeks youve seen saudi arabia going from the Production Cut to the glut to cut again and now you see that this massive drop in we are at a point in oil prices which wasnt seen in the last time we saw the likes of it within 146. 00 that was right after the 2nd one war is going to have an impact on economies such as bahrain and oman which do not have the kind of deep sovereign funds that other countries have it is goi
Brings the current. Matter to you. Aljazeera. Villages but into the ground. Hundreds of thousands displaced. Mass murder. That is compelling evidence of genocide and genocide and yet. The gambia has taken me to the International Court of justice accusing its government of orchestrating a campaign of destruction against the rocking of people there will be no tolerance of Human Rights Violations and the kind. Of thing you did he added but now we have evidence showing that for many row him the nightmare continues what. I bloody well you know. As the weld awaits a verdict when no one east has been given access to years of secret videos. And we travel to me and must record in state to meet a people still facing danger discrimination and death. The gambians case is centered around the brutal military crackdown which began in late 2016 in response to attacks by an armed group. It led to a mass exodus of rohingya into neighboring bangladesh in the months that followed. Norm but to be a little
Will reopen the economy if it is safe. And the italy and italy and lowering in the number of cases. Manus we are getting some breaking news. We go to the heart of earning season. Single structure. Jennifer may will leave at the end of may. Numbers, First Quarter, nonir four f. They see a solid start to 2020 despite the eye of the coronavirus storm. And First Quarter results, they theyted some softness and had said there was a little bit of a dent with a significant new business having been derailed. They see a solid start to 2020 amid this covid19 crisis implying a strong rebound. In the structure at sap. We are waiting to see if any other news is coming through on their dividend. Good morning. It is all about the oil market. Nejra absolutely. 20 7 revenue increased for sap. The tech sector is going to be in focus this week. In the u. S. As well, we have the following revenue and the pulling away of the forecast for ibm. Tech has been resilient in the equity market. If that falls, we m
In the food chain supply . My colleagues ben leveson, carlton english and jack howe. So the worst month in the markets since the great depression, april the best month in the market in 33 years. Can you explain the schizophrenia and explain to viewers why the market and the economy can seem to be going in different directions. This is kind of what the market does. Its forwardlooking. So its looking to deterrence and whats happening next. When the market was falling apart in march, nobody was saying, oh, look how great the data was in february that. s kind of whats happening now. In april we got this bad data, but we knew it was coming. And there was some good news this month. The number of coronavirus cases slowed. We have some states that are reopening, even possible treatment that might work meaning that people get sick, they can go and its not going to be as bad as it might have been. And this is all good news that the market was responding to. Hey, ben, i see plenty of good news, i