Fraudulent in history even floats the idea of delaying the vote. The perils of social media if you live in egypt these young women just doing what people do on chick talk of being jailed for all just 3 years of violating family values. Im told me a lot of both thanks for joining us we begin with a battered victim of the coronavirus pandemic the u. S. Economy the latest figures show the economy tumbled by a stunning 33 percent in the 2nd quarter thats its worst drop on record and weekly jobless claims have risen slightly suggesting any tentative recovery will be slow. One ruiz is one of around 18000000 unemployed americans. The 56 year old accountant lost his job at a forklift manufacturer after he contract a covert 19. With no job to go back to hes finding it harder to find work than he had expected. Which. Many people are losing their jobs because the companies they work for closed their doors in fact my Company Closed they said they were not selling and shuttered their warehouses. Fa
Restrictions despite an increasing number of cases. And a deal in israel as Prime Minister Benjamin Netanyahu takes the lead in a unity government to end a long running from the tickle crisis. The worlds 3rd largest economy has slipped into recession japan has been hit hard by the coronavirus pandemic its economy shrank for the 2nd consecutive quarter by just under one percent in the 1st 3 months of this year but im as he had announced a massive Relief Program last month to keep the economy on track japan has recorded more than 16000 cases of the virus and close to 750 deaths michael pan is the president of the shin gets a news agency hes joining us from tokyo as always thank you very much for joining us on the aljazeera 8 its not just the pandemic is it though thats been causing these problems there was a lot leading up to this situation wasnt there. You know unfortunately we seem to have a few audio problems with michael there we will try and get him back later in the program but in
Bloomberg surveillance, im Francine Lacqua in london. There is movement on the pound because what we heard from the boe. It has been absolutely amazing trying to figure out exactly the premise at which mr. Bailey is expecting the economy to do. We understand the bank of england is expanding stimulus as soon as next month to help the battered u. K. Economy. He once again reiterated that there is an unwavering pledge, which basically means that the market is taking it as further boe action possibly being imminent. Set and of england will asked if necessary to deliver the monetary and Financial Stability to deliver longterm Financial Stability. We are speaking to governor bailey later on. Know whether that means we have negative rates next, but certainly to have an impact on euro. I thing we have a data board for you. Is an actionfilled Currency Central Bank kind of day as we also heard of a lowered benchmark rate from norges bank. Lets get straight to the bloomberg first word news. Top t
Now, latest numbers. The house is preparing to vote on multiple dollar package. What you need to know coming up. The nba suspending season, suspending season until further notice. March madness to be played without fans. Selloff extending across the globe. European markets deep in the red followed by travel announcement by President Trump. 1. 7 . Cac quarante down 258 and dax in germany lower by 588. Almost 6 . Italy tightening lockdown even further allowing Grocery Stores and pharmacies to stay open. The European Central bank out with latest Rate Decision this morning. We will have that for you as soon as it hits the tape. Investors are looking for news of stimulus to battle the Economic Impact of coronavirus. In asia red across the board. The shanghai composite down 1 and a half percent but japan worst performer down 4 and a half percent. Lets check Interest Rates right now. We are talking about a decline of 15 and a half basis points on the 10year yield now sitting at. 718 . This, t
No longer site people secrecy in abuse cases the order from the vatican is the latest move by pope francis to combat silence surrounding pedophilia Roman Catholic church. Thank you very much for being with us francis been in the grip of a stepepped up genereral strike ts tuesday the organizer say the one point eight Million People protesting. On the march on the streets across the country the Police Though puput the figure t closer to six hundred thousand the issue remains the same pension reform. Many of the protesters are angry that that pensions they say will be reduced by these reforms. Frfrance hasas forty two special pension schemes Emmanuel Michael wants to reduce this to one universal pension. Ramping up the pressure on the government Public Sector employees took to the streets in paris. Including hospital workers who are protesting budget cuts they say a putting lives at risk. And transport stuff too for more than two weeks have brought much of fronts to a standstill. It was t