Lead to care. For School Welcome to the program such a bank has long been in crisis a so far failed restructuring attempt a litany of litigation in the United States and high costs have weighed the company down now it says its on the road to recovery announcing its 3rd straight quarter of profits a bunch of bank returned over 300000000 euros for the 3rd quarter thats more than analysts estimated a boost in trading revenue and a drop in missed credit repayments helped a lot so far this year looks a lot better than 29000. 00 when it made losses in the boot billions of euros as you can see there however the full effect of the pandemic could yet be to come if Companies Fail to pay back loans that could yet damage the companys long promised return to success now. Is the financial correspondent in frankfurt. How well is Daughter Bank prepared for a potential wave of bankruptcies due to the pandemic. Its better prepared than in the past the numbers in the Balance Sheet which describe the Capi
Mark meadows and treasury secretary Stephen Menuhin called the lawmakers to pass individual lesson legislation including redirecting 130000000000. 00 in unused funds from the Paycheck Protection Program which was part of the relief package passed in march now although at this time democrats in the house of representatives have insisted on a comprehensive relief bill rather than stand alone legislation like that just like uncertainty over what may happen or what may happen to the u. S. Economy and unemployment without another stimulus bill Global Markets rallied on monday so lets go ahead and take a look at the state of the economy and markets with Octavia Moore and the c. E. O. Of optimists l. L. C. Octavio always a pleasure to have you on the show now if theres so much doubt that a stimulus bill could get done before novembers election why is the market so optimistic about it and getting a boost monday are we any closer or is this just you know algorithms taking up all the chatter. We
To north stream 2 now the contentious pipeline which is to transport gas from russia to germany has long and go to donald trump to drive a sell us gas to europe. This is a small harbor town on the Baltic Island of rukun. A lot of tourists pass through but otherwise theres not all that much going on here. What have we done to make u. S. Senators think that they have to threaten us in this way to solve to bomb. It was quite a surprise when it suddenly became the focus of an International Political fight the latest iteration of a longstanding conflict the mash owes us a letter to the company that manages the coltons us net which is majority owned by the municipality it was written by 3 republican u. S. Senators in august threatening crushing legal and economic sanctions. Thus the letter is a threat. Where they state that they dont want nord stream to to be completed by ford thats the main point on dime the thread is directed at our port because we have a plant there that used to case the
Are more skeptical we all have to give ourselves a push now and see that it goes in the right direction. The numbers are always going up so you have to do your part to make them go down again and govern great progress and success but i hope that we will be spared but unfortunately we cant rule this out completely although im not sure if it will really help to contain the pandemic when we isolate them for most of people i assume that there will be new measures theres nothing you can do about it and we have to get the infection under control in this newsroom in the. New restrictions are expected on wednesday after chancellor merkel meets with germanys 16 regional leaders. News has seen a copy of the chancellor is working paper for that meeting of america with the state prime ministers and heres more of what we think Anglo American is going to propose schools and day care facilities are to remain open and thats a major difference to the 1st locked up germans will be told to limit contacts
It can be a father feel for peace the violence erupts for a 2nd night in philadelphia following the killing of a black man by police. With a global Film Industry really from the effects of the pandemic delayed and diminished comes Film Festival still rolls out the red comes. As welcome to the program s. Coronavirus cases are spiking across germany chancellor Angela Merkel will hold a Video Conference today with a fix 16 regional leaders of germany they aim is to agree on a new round of restrictions heres the Current Situation covert 1000 cases have risen sharply within the recent record. High of nearly 15000. 00 new cases daily and thats a sharp rise from early august when new infections drops to the low hundreds per day the interesting thing in this period is testing levels did not change but there was still a strong spike by the end of october accordingly there was a rise in intensive care admissions for covert 19 that figure usually lags behind new cases by 2 or 3 weeks hospitalizat