Says that it is safe for tourists after germany and the u. K. Advise citizens not to travel to parts of the country. Lebanon announces a 5 day lockdown just ahead of the holiday Coronavirus Infections that. In the last. 2. Logging on to learn if you can afford it but most nigerian children are missing out the schools stay shut. In the courts in malaysia has convicted former Prime Minister najib razak on a string of corruption charges and sentenced him to 12 years in prison but he wont go straight to jail and says that hell appeal the trial was one of many linked to a scandal surrounding a state Investment Fund aljazeera Florence Louis reports from kuala lumpur. Guilty on all 7 counts and sentenced to prison for a maximum of 12 years and a fine of 50000000. 00 but the judge has allowed a delay in carrying out the sentence. Former Prime Minister of malaysia has been convicted of Money Laundering criminal breach of trust and abuse of power thats for illegally receiving nearly 10000000. 00
Eras. And leads to those living today. They are guarding gazas past in a box. To memories stories of august 14th. These beaches on the Spanish Island of a pizza are usually fit to bursting good fun seekers from all over europe but this year there are just a handful of visitors to these golden sounds bar terraces and shops. The pandemic has hit the island hard like many other places across the globe the people of it pizza need the income from Summer Holiday makers to make it through the year youre going of course if youre on the an english of course a moment things were going well during high season we had 141516 workers. Recently we had 5 but im not sure how many would remain but right now we are 2 more that almost no shot i mean most. Of the Un World Tourism Organization estimates that the seer could see earnings from International Tourism collapsed by 80 percent and as many as 120000000 jobs could be lost. In the Tourism Sector ever recover. Welcome to the w. s covert 19 special im j
Margin. The result is seen as pivotal for the future ties of the nation with the European Union. And u. S. Banks are braced for the worth order since the quarter for the worse quarter since the financial crisis. Jp morgan kicks off a big rank week. Good morning, it is 6 00 a. M. In london. It is getting hot here. With an untamed virus irrationalional exuberance in stocks. It could get tricky. Goldman has upped their view of their earnings. Yall so have the gilead story in terms of remdesivir helping the severely ill despite the untamed virus in florida exceeding the peaks of new york and texas. They are still below consensus and there are deals there. The dollar drops. Two straight weeks of a demolition of the dollar. Yields traded at. 63. Do you buy the rally . Im a believer, are you . Copper is the shining narrative. Copper is ripping it up there this morning. You are looking at the longest 20 16. Streak since is that a wakeup call to the Treasury Department . On willudis turn the sa
The boe says it is examining negative rates. Emirates is considering slashing around 30,000 jobs, and bloomberg exclusive. We speak with ryanair ceo as he wraps up a legal battle with rivals. Welcome to bloomberg daybreak europe. Weve got those comments from jay powell. Japan is in recession, goldman says india could experience its deepest recession ever and we have rising u. S. China trade tensions. We continue to get breaking news through, lines coming through from ryanair which im looking for now to bring you. It sees a loss of over 200 Million Euros in the first quarter. A smaller loss in the second quarter. Thats the red headline. It cannot provide fullyear 2021 guidance at this time. In terms of what else we are looking at, it is average weekly cash burn is at 60 Million Euros, down from about 200 euros. That looks to be an improvement. Ryan are expected to be at least october for the next 200 delivery, and expects to carry less than 80 million passengers in fullyear 2021. Those
The u. S. Recovery could drag on through 2021 as long as theres no second outbreak. There might take a vaccine for people to regain confidence. Speaking of that, as present a aims to get 3 million vaccine doses ready for the u. K. By september. But Boris Johnson warns that u. K. May not be free of the virus for some time to come. And the Trump Administration steps up its campaign to blame china for the coronavirus, with an aide suggesting beijing sent Airline Passengers around the world to spread the infection. Were just under an hour away from the start of cash equity trading in europe. Lets take a look at futures this morning. We had a bit of a mixed picture. And now you see big, strong gains in european futures, 1. 5 on dax futures, 1. 33 on ftse futures. If you look at u. S. Futures, you also see 1 gains, about, a little bit less for s p 500 and nasdaq futures, but just barely. And more than 1 on Dow Jones Industrial average futures. What you see on the gmm . Gmm. Well, difficult f