And a lot of people say well you cant go negative on the World Reserve currency they also said you can ever print a negative Oil Futures Contract they said you could never print and negative Interest Rate on a sovereign bond thats already happened and think about Warren Buffett 1st 2nd i mean i pity him at this point because he says he doesnt like stocks and hes hiding out in cash but his cash is about to go negative returns but negative Interest Rate on his cash is going to be losing money on his cash pretty soon and he said i would never own gold and i would never own big point so the only 2 life for Warren Buffett at this point are bold. And hes out of pride hes going to stick on his negative Interest Rate cash and he wont buy stocks so hes already underperformed the s. And p. For 15 years this is going to his career as basically a glorified Money Market Fund that was around nowhere that. Everyone will just forget it. This is the one business show you cant afford to miss im french b
Take a bite out of business how will small restaurants fare in the wake of the outbreak we bring enough food guru to dish out what may lie in store packed show today so lets dive right in. And we lead the program with some moves to reopen economies hit hard by the crow virus pandemic spain will launch phase one of their lock down exit plan monday but many restrictions will remain in areas that were hit hardest by the pandemic in the country now meanwhile france will ease some of the worlds strictest measures which have included the need for permission forms just to leave your home now some children are actually going to return to secondary schools in norway and denmark is allowing shops to reopen and in the u. K. Prime minister Boris Johnson announced that starting this week people would be afforded unlimited out. Or exercise instead of the one trip per day rule that was currently in place saying he hopes to announce plans to reopen schools stores and some in the Hospitality Industry i
Nasdaq futures higher by 310 after even worse than expected jobs number led to selloff on friday. We showed you the numbers friday, dow, nasdaq and s p 500 in the red for the week. Take a look. Markets were down 2 overall on each of the major indices on the week. Oil prices this morning falling after the opec meeting which was to include russia was actually delayed. It was supposed to be a Virtual Meeting happening. It was scheduled to take place today. We are waiting on any news in terms of where the meeting stands with crude at 27. 40 a barrel. Later this Morning Energy secretary dan briet will join me and take on war between saudi arabia and russia. Uk Prime Minister Boris Johnson has been hospitalized due to coronavirus, we will get the latest on Prime Minister johnson coming up this morning. We are answering your financial questions this morning. Later what you need to know about your 401 k during this crisis. Mornings with maria is live right now. Maria lets check Global Markets
Welcome to news asia its good to have you with us india is set to suspend most travel to the country in order to control the spread of the corn a lot of the government announced it will be suspending the tourist visas to india beginning friday so if youre planning a trip to india heres a few things you need to know firstly no new tourist or even you should tell the 15th of april existing tourist visas on which journeys are yet to begin stan foreign nationals with a compelling reason for travel to india need to contact the relevant India Mission and the other thing about this order is that it does not affect foreigners who are already in india and those with nor does it affect diplomatic un official or imply. Other restrictions come as india reported at least 70 cases of the corner virus in the country most travel related at least 17 foreigners have also tested positive the potential for a bigger spread already has people wanted. But market is usually a popular stop for memorabilia now
Welcome to news asia its good to have you with us india is set to suspend most travel to the country in order to control the spread of the cornell virus the government announced it will be suspending the usual tourist visas to india beginning midday friday so if youre planning a trip to india heres a few things you need to know firstly no new tourist. Should tell the 15th of april existing tourist resorts on which journeys are yet to begin stand for them nationals with a compelling reason for travel to india need to contact the relevant Indian Mission and the other thing about this order is that it does not affect foreigners who are already in india and those with nor does it affect diplomatic un official or employment. Other restrictions come as india reported at least 70 cases of the core of virus in the country most travel related at least 17 foreigners have altered their supposedly of the potential for a bigger spread already has people watered. Jump but market is usually a popular