Some demonstrators across the u. S. Say that fed up with ongoing coronavirus restrictions. In some shops and schools reopened in germany one of several countries easing research. The grim economic fallout of the new coronavirus pandemic for 1st time in history u. S. Oil prices crashed below 0 dollars into negative territory on monday its just rebounded in asian markets to around 2. 00 a barrel but why did the crash happen in the 1st place well thats because theres more oil in the market because of low demand and produces a fast running out of storage lockdowns around the wall the response to the coronavirus have produced a massive slump in demand for energy u. S. President donald trump says the collapse in prices is short term and suggested that it could even be a positive thing for america. Based on the record low price of oil that youve been seeing. At a level thats very interesting to a lot of people were filling up our National Petroleum reserves through dziedzic you know the Strat
Thats the question of the global lockdown shows only a few signs of being lifted. Strain your 2nd largest domestic air carrier loses control of its company because of a lasting effects of the pandemic. Welcome to the program as coronavirus cases in the u. S. Continue to climb President Trump says hes now planning to temporarily suspend immigration in a tweet he said it was necessary to stop the outbreak and that it would also protect american jobs trump previously suspended travel from europe china and other nations because of the virus lets talk to john hendren now he joins us live from chicago john so a rather ominous tweet from the president saying immigration to the u. S. Will be temporarily halted what more can you tell us. Thats right daryn this is a surprise in the sense that it was delivered late at night not in his News Conference where he could be questioned about it and that just happened hours ago here in the u. S. But this is fully in character for donald trump you remembe
And the asian markets react strongly to news about the collapse in old prices well take you live to hong kong for the latest. And australias 2nd Largest Domestic Airline the hands of the control 2 administrators and the struggles from the effects of the pandemic. Coronaviruses cases in the United States continues to climb President Trump says hes now planning to temporarily suspend immigration in a tweet he said it was necessary to stop the outbreak and that would also protect american jobs trump previously suspended travel from europe china and other nations because of the virus lets go live now to john hendren in chicago john so a rather ominous tweet from the president what more is he been saying. Thats right there in excuse me distracting wind here but im in chicago and they dont call it the windy city for nothing and the president issued this tweet in the dark of night and he seemed to do that for good reason he could have made this announcement at his daily News Conference where
News of the collapse in oil prices will take you now live to hong kong for the latest. On the corona virus is spreading rapidly inside some of the worlds most congested jails in the philippines. As coronavirus cases in the United States increase President Trump says hes now planning to suspend all immigration in a tweet he said it was necessary to stop the outbreak and protect american jobs trump previously suspended travel from europe china and other nations john hendren has more now from chicago and why trump may have announced the plan the way he did. The president issued this tweet in the dark of night and he seemed to do that for good reason he could have made his announcement at his daily News Conference where he talks about the coronavirus and all of the actions the administration is taking but by issuing this mysterious tweet late on a monday night he gets the morning news cycles where the newspapers d in the morning shows talking about what hes had to say and then in the after
And the pandemic could double the number of people going hungry around the world. And finding ways to stay in business how small shopkeepers in iraq is survival in the coronavirus restrictions. Now with the pandemic throwing world all markets into turmoil donald trump says his government will bail out the u. S. Industry the president told his energy and treasury secretaries to formulate a plan to make Funds Available to ensure the survival of american oil and Gas Companies well that follows an unprecedented collapse in u. S. Prices because of a plot in supply the u. S. Futures market dive deep into negative territory for the 1st time ever on monday the lowest the price of the benchmark u. S. W. T. R. Blend sank to minus 37. 00 a barrel the International Benchmark brant crude is trading at around 20. 00 a barrel but thats still its lowest price since september 11th attacks in 2001 we have gay. Real amazon though on wall street tracking the fallout of the us oil crash but 1st our White H