Too soon could have dire health and economic consequences. There is a real risk you may trigger an outbreak you may not be able to control which will set you back load on the high seas warns container volumes may fall as much as 25 in the Second Quarter. How the virus will hit global trade. Protectionism is a key risk and getting bigger as part of this pandemic as countries saw trying to protect their businesses it is no doubt in my mind it is the wrong strategy the french group pulls out of the take of the bermuda based partner turning shares sharply lower. The uk economy contracted a record 5. 8 in march Economic Activity in the First Quarter slank 2 output in the services and output fell sharply but not as low as expected. Retail sales plunged 19. 1 as the lockdown weighed heavily on the sector it is the biggest monthly fall since the brc began the index in 1995 weve been looking at that data but we know there is worse to come in the Second Quarter when we warn the contraction could
Reached the regional capital opening last week to reach the rich, the pro must go to the world. This is a more to International Hello welcome to the news are more senior russian figures are accusing western officials of being linked to the financing of terrorism in the country. The nation Deputy Foreign minister is the latest to make the bombshell claims coming as russias Investigation Continues into a hunter abiding link ukrainian firm. And its a legend funding of terror acts in the us authorities there twice, a responsibility for financing and instigating acts of terrorism against the restaurant against special people. And we truly think this is a dangerous pass. They have no limits in what they believe they are allowed to do. We will use our most capabilities to stop at every scene which is being said by russia on important issues. Not just recently, but for quite a while already is being labeled as nonsense or even his information by the us. They dont pay any attention to any evide
Program this purports to be tom friedman. [laughing] tom ace young but it still looks like hes accelerating in reverse in that photo. Tom has spent his life getting out into the world doing the research and speaking to people and every station of life, in every walk of life, and around the planet. The result is something quite different from the cynicism and snark and aggression we encounters often today in todays media universe. What we get instead is a pair of rarities, insight and wisdom. They are the products of real reporting and serious reflection. A themselves, all too rare. Those qualities can be found in his previous bestselling books and youes can find them again in toms latest. Thank you bring late. When the editor in chief of bloomberg and the former editor of the economist wrote his review of his book for the New York Times he rightly observed it is hard to think of any other journalist who has explained as many complicated subjects to so many people. Among the central sub
Nasdaq the dow also closing at a record high it looks like well open sharply lower. The dow losing 124 points right now, the s p down 13 nasdaq down about 44 what was weighing on the markets yesterday and probably today, the yield on the tenyear note 2. 584 right now thats the highest since march 15th a big move in the tenyear treasury yield thats challenging the equity rally today. The yen continuing its strength after the boj said it would continue its bond strengthening services the hang seng up by 0. 20 . Over in europe, right now at hope the dax down by 0. cac down by 0. 6 looking at the price of crude oil, highest level since 2014. Wti, 63. 43 breaking news this morning. Lets get to becky quick live in omaha. Good morning good morning. Theres breaking news from Berkshire Hathaway the company out with a statement saying that its going to be increasing its board of directors by two members to include two key members of its Operations Team who people have been looking at for a while
Host there is a photo that purports to be Thomas Friedman. Tom is younger but it looks like he is accelerating in reverse in that photo. Tom spent his life getting out into the world. Thorough research and speaking to people in every station of life, every walk of life and around the planet. The result is something quite different from the cynicism and snark integration we encounter so often in todays media universe. What we get instead is a pair of rarities, insight and wisdom. They are the product of real reporting and serious reflection. Themselves all too rare. Those qualities could be found in his previous bestselling books and you can find them in his latest, thank you for being thank you for being late an optimists guide to thriving in the age of accelerations. When the editorinchief of bloomberg and former editor of the economist wrote his review of Thomas Friedmans book for the New York Times he rightly observed it is hard to think of any other journalist who has explained as