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Transcripts For RT News 20240713

A very warm welcome to the program from all of us here at r t h q in moscow thanks for joining us this hour. World oil stocks are taking a major hit following the failure of crude producing countries to agree to production cuts as a man for oil falls amid fears about the coronavirus saudi arabia says it will increase output after a dispute with russia with more heres our. Quite a somber atmosphere here on wall street they are already calling it black monday we saw a 15 minute free is on futures trading when the stock market opened big dramatic plunge on the stock market the biggest drop weve seen since the 2008 financial crisis and on top of all of that weve got an Oil Price Drop 30 percent decline in the price of oil a plunge in the price of oil the biggest drop weve ever seen in oil sense in 1901 and at this point it being traced back essentially to the negotiations with opec saudi arabia has come forward and called for a decrease in Oil Production due to limited demand around the co

Transcripts For DW Business 20240713

Lossing economic fallout is increasing to. Look at one German Company taking measures to shore up business as china heavy supply chain remains affected by the growing of all. This is d. W. Business as in berlin Global Stock Markets are starting the week with phenomenal losses theyre reacting to a 30 percent drop in the value of crude all since friday driven by saudi arabias decision to slash its prices in japan the nikkei lost more than 5 percent during monday trading and stocks in south korea shanghai and hong kong all slid by more than 3 percent australia saw even bigger losses with more than 7 percent wiped off stocks but saudi arabia itself. Seen the biggest impact on its equity market shares in all utility aramco were down 10 percent at the start of trading. Well look at european markets a bit later in the show and its already being described as an Oil Price War that slide an oil prices we mentioned came after opec countries meeting with russia failed to agree a Production Cut aim

Transcripts For CNBC Squawk Box 20240713

Ago. S p down by 151. And the nasdaq would open down by about 435 points this is limit down, they cant trade lower than this. Declines at 5 across the board. If this holds at the open, heres what you can expect in terms of the nyse Circuit Breakers that kick in. If the s p 500 dropped by 7 during the course of normal trading, trading halts for 15 minutes to have a cooloff period if it falls by 13 , it halts for another 15 minute period if it falls by 20 trading halts for the remainder of the day since these were implemented many years ago, weve never seen the levels tested. If youre watching the treasury market this morning, the ten year, almost impossible to believe watching how quickly things have fallen the ten year is yielding 0. 487 . Its been less than a week since it fell below a 1 yield and we have seen it collapse. Thats a bounce from earlier. So much of this has been keying off to whats taking place to crude prices over the weekend. Well explain what happened but you dont see

Transcripts For DW Business 20240713

Economically is increasing to. A German Company taking measures to shore up business as its china heavy supply chain remains affected by the us. This is the business as in berlin Welcome Global stock markets are starting the week with phenomenal losses they are reacting to a 30 percent drop in the value of crude oil since friday driven by saudi arabias decision to slash its prices germanys leading stock index the dax tumbled more than 7 percent of its open in japan the nikkei lost more than 5 percent during monday trading stocks in south korea shanghai and hong kong all slid by more than 3 percent australia even bigger losses with more than 7 percent wiped off stocks a saudi arabia perhaps in the biggest impact on its equity market shares in. Down 10 percent at the start of trading. Now for a quick look at european markets lets go to. France with. Europe taking the whole thing. European markets are taking this very hard the dax is down almost 9 percent and earlier its parent losses a l

Transcripts For KNTV Today In The Bay 20240713

We can see the low clouds and fog in some spots and making a good day to head out for enjoying the sunshine. Look at trivalley temperatures around pleasanton, livermore, dublin as well as around danville. Were reaching into the upper 60s today. Well look at the rest of the forecast, but mike has a heads up about two important spots. One is on surface streets but the low clouds it is hard to see the crew at the intersection of mallory and fremont. Major traffic near the fremont hub in fremont. Well look at the map. This affects folks heading to the freeway and folks heading over to the b. A. R. T. Station. The other issue although freeways with moving nicely is on the san mateo bridge follow impeding the crash blocking to lanes with west bound. More on that coming up. Back to you. Thank you, mike. Bay area developments overnight in the coronavirus outbreak, 14 americans who tested positive have now arrived at Travis Air Force base. Today in the bays bob redell joins us outside of travis

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