Delivery of 7 . Look how we are in terms of the major indexes. Asian markets, most in losses tracking to 3 drop on wall street overnight. Opened slightly earlier love earlier. Slightly lower earlier. We are watching petrochina down at this point in time. The hang seng, down about 1 . Kong announced an expansion of its restrictions aimed at curbing the spread of covid19. That would weigh on the economy even more. The sti, down more than 3 . This is a market that returned to bull territory recently and citi said investors are pricing in post recovery. Singapore reports higher cases, more than 1000 for the second day running. I want to dial back to the oil story because we see oil moving to the upside after two days of unprecedented action and a spectacular selloff. Opecplus ministers holding an unscheduled conference to discuss what has been going on. The closing statement signals there are no new measures planned at the moment. Lets bring in mliv asia editor. Oil is on the up. We had tw
Points. Brent really rolling over by about 5 , much worse than wti. It is now a pure demand issue. You see equities taking it on the chin, as well as commodities. Time for todays top market moving news from new york and our london team. We want to begin in the u. S. Come over Senate Democrats blocked Mitch Mcconnells attempt to advance the coronavirus economic rescue package. Minneapolis fed president neel bloomberg the fed can do more to support the economy. We are being more aggressive. Is there more we can do . Yes. Is there more we may end up doing . Yes, but i feel we are being very aggressive. Alix joining me for more is Michael Mckee. Walk us through what he said, what more they can do, and what is going on in d. C. Michael jim bullard is the one who really scared the markets by saying a 30 Unemployment Rate and perhaps a 50 annualized decline in gdp during the Second Quarter. Morgan stanleys is the closest to that 30 , so he thinks things can be much worse. They still say the f
We will show you that meeting now beginning with Opening Statements. I i am glad to have senator sass as a new member of the committee. The senate received, the house of representatives received the bill to implement the agreement. Under fasttrack rules, the committee cannot amend the bill. We can only hold on whether to report the bill. We can only hope senators that wish to make statements can do so. In the interest of time, i ask that the statements be limited to three minutes. My staff has had a discussion with everybody about that. Satisfactory with the members. I will introduce staff and Administration Officials to provide an overview of the bill and answer any questions. Stwe will then vote on the bill. President trump promised to deliver a trade agreement with canada and mexico that would reflect the realities of the 21st amendment. He made this an issue in the campaign. A campaign that has been around for more than three years. Promised that it would promise support. The house
Kaiser report the show you love i know you do this is the kaiser report the show you love i know you do yes stacie yes its important to watch just say oh and were going to show you some how yes stacie yes its important to watch just say oh and were going to show you some headlines why its so important to watch us because if you watch the mainstream news if you listen lines why its so important to watch us because if you watch the mainstream news if you listen to the corporate propaganda you might be on the wrong side of many trades now max keiser to the corporate propaganda you might be on the wrong side of many trades now max kaiser you were involved in the dot com bubble back in the ninetys and what happened during the you were involved in the dot com bubble back in the ninetys and what happened during the dot com bubble a lot of people lost a lot of wealth 5 trillion and wealth right and it was the dot com bubble a lot of people lost a lot of wealth 5 trillion and wealth right and i
Not only words but the meaning and it its a disgrace. Should not be allowed to happen. Mark the president also said the country needs to find out who the whistleblower is because he says that person is a spy. Hong kong police fired more than 1400 rounds of tear gas and hundreds of rubber bullets tuesday. Police say protesters used lethal violence against officers during one of the citys fiercest days of clashes. Police say the officer who shot an integral protester with live ammunition did so protect his life after being threatened by weapons including an iron rod. The demonstrators is in stable condition at a local hospital. In greece, strikes against the countrys new conservative government brought very service and transport services to a halt today. A wide ranging strikes also affected public hospitals, banks, and schools. Labor unions help protest rallies, pressing for the restoration of pay scales and labor lights picked the reload and suspended during the three consecutive intern