International oil stocks are taking a major hit today following the failure of crude producing countries to agree to production cuts as demand for oil falls amid fears about the coronavirus saudi arabia does say it will increase output after a dispute with russia so lets get the latest now from markets kind of mark and he joins us. Its been a shocking day hasnt it for the markets just bring us up today its about whats happening. Well its a somber atmosphere here on wall street in the New York Stock Exchange theyre already calling it black monday at this point futures trading has been stopped for the 1st time in 4 years and this is actually the biggest drop on wall street that weve seen since the 2008 financial crisis now Oil Prices Went down by roughly 30 percent there a big drop in oil prices apparently the issue seems to be that the opec negotiations were taking place and saudi arabia. Was putting forward the idea that a cap should be placed on production to deal with the slipping de
Heaven tell me to get in wednesday passionate words from kobe bryants widow at a memorial for the basketball legend and her daughter giana killed in a Helicopter Crash along with 7 others last month. Welcome to the program the World Health Organization says its deeply concerned by the sudden increase in corona virus cases outside of china 3 main clusters of infections are growing in the middle east europe and asia iran has confirmed 12 deaths there and has denied reports that the toll could be much higher kuwait is also among several countries in the region reporting their 1st infections Kuwait Civil Aviation Authority says its temporarily barring flights from dubai in sharjah as a protective measure Kuwait National Day Celebrations scheduled for tuesday have now been cancelled. In europe meanwhile 7 people have now died in northern italy which has more than 220 cases the highest concentration outside of asia and the u. S. And south korea say theyre considering scaling back joint milit
Europe including time to talk britain and the European Union finally begin discussing how they will trade together october exige. Coronavirus continues to disrupt global sport says asian football bosses hold an emergency meeting at some of the opening theresa promoter g. P. C. Isnt been called for in concert and tyler. Thank you very much for joining us turkeys decision to stop holding back thousands of refugees is causing new tension at the borders of europe the European Unions migration commissioner has warned no one can blackmail or intimidate the block and the german chancellor says using refugees in this way is unacceptable but. It comes as easy images. When released by turkey showing greek coast guard officers firing into the water near a migrant boat in the i j and see thousands of refugees have been attempting to cross into europe after turkey said it would open its borders for refugees and migrants and speak to their is john whos in the last post on the greek island of les pau
Refugee crisis as leverage to force europe to support his cereal. And a 3rd israeli election in less than a year this be the one that finally breaks the political deadlock. And it would begin with the corona Virus Outbreak and data from the World Health Organization which shows the virus is now advancing faster in countries other than china new cases in china dropped to their lowest levels in 6 weeks on monday but continue to rise in south korea italy and iran senegal saudi arabia june is year jordan and indonesia are the most recent countries to detect cases of the disease the great show says the best defense is still containment. In the last 24 hours that with almost 9 times more cases reported outside china. Inside china we are in unchartered territory we have never seen before just respiratory partridge and thats capable of Community Transmission but at the same time which can also be contained with the right measures meanwhile the death toll from growing a virus in italy has risen
A sharp rise in infections. And the fate of julian assault hangs in the balance and has a long Court Decides whether the wiki wiki leaks founder will be extradited to the u. S. Traces espionage charges that could put him in jail for life. Great to have you with us today im brian thomas the u. S. President donald trump has arrived in india for his 1st state visit there hes due to address a huge rally of some 100000 people trump and 1st lady milonga landed in ahmedabad the largest city in indian Prime Minister Narendra Modis home state of. Tens of thousands have been lining up to welcome the u. S. Leader trumps todays visit aims to build on the recent meeting between the 2 leaders to do to deepen ties between the u. S. And india which happened strained by a trade dispute. Lets get the very latest now with. A car joining us from delhi the dates you saw on the india has been pulling all the stops for this meeting between the 2 leaders whats behind that thats right brian i mean indias reall