Oil maintains a slow recovery after a wild week. Traders are still concerned about the swelling global glut. New zealand plans to lift its lockdown. We are joined by the finance minister. Lets take a look at how markets are trading at the moment. We are seeing u. S. Futures kicking of trading to the downside. Lowertocks closed mostly after report that a leading antiviral drug by gilead performed poorly in its first clinical test. The dow did gain to tense of 1 . We have 2 10 of 1 . This is how oil prices are looking right now. We are seeing a rebound for wti at the moment, 1. 4 for june futures. Oil already plummeted about 70 so far this year. Haidi a press conference by President Trump happening right now as u. S. Lawmakers are voting on a 484 billion virus rescue plan which would add new funds to help small businesses. The house adopted a proposal to create a special panel to oversee spending on the coronavirus. You are listening to Vice President mike pence as he lays out some of th
Story. The very latest in that story coming up. Good morning to you. It is a sunday, january 5th. We have all those stories and a whole lot more. First we start with that sunday forecast. So we start with a live look from our camera as you see the temperature at the bottom of your screen right there. 50 degrees is what were waking up at. Well top out in the 60s. But we do have a nice sunday on tap. You can always get the latest forecast by downloading the weather app and by going to our website abc7news a vigil is being held for a man today. He went after the suspects who snatched his laptop on new years eve but he was hit by their get away car and later died. The vigil will be held at the same starbucks at 11 30 this morning. People are asking to wear purple. The universitys colors are royal purple. Two men so far have been charged in his death. Friends of the man sending us this morning. If you would like to write any message to his parents, you can send it to the address on your scr
Death of one man and what residents are saying about safety in the area. Plus they dont see me cry much, and i do 100 feel he will come home and we will find him. The urgent search for a missing Family Member hits a new search today. The money now being offered as a reward. Good morning. It is sunday, january the 5th. There is a lot to talk about this morning. Thanks for joining us. Im julian glover. We do want to start with a look at your forecast on this weekend because thats what everyone is thinking about when you wake up first. How is the weather going to be . It is going to be nice today. A live look at our camera. Not much traffic, but you are waking up to temperatures in the upper 40s to lower 50s no matter where you are in the bay this morning. No fog to deal with, not too much wind either. So were looking at a nice day. No rain to talk about if you are heading out for a run or jog or thinking about heading to a sunday service so you should be okay. A closer look at your seven
A visit and. Join link to news from africa and the world for your link to exception of stories and discussion from own use as easy to our website d w dot com smart africa join us on facebook w africa. The us china trade war hits winemakers in california while donald trump claims are great trade deal is coming soon producers and one of the worlds most renowned wine regions are seeing sales in china fade away. Also on the show iran is forced to ration its gasoline as the countrys economy keeps getting hit with u. S. Sanctions. And top and very far away one just completes a double sunrise 10. Flight from london to sydney. Its time for business on the w m how yet again its good to have you with us markets closed the week partly up moved by talk about progress in the u. S. China negotiations to put an end to the ongoing trade war but the truth is there was no Real Progress while investors and analysts keep waiting consumers are not American Products like californian wines are losing the bat
A country at war. Dependent on both the Security Assistance and the demonstration of support it was it was much more alarming the white house meeting was one thing Security Assistance was much more alarming in reaction donald trump was dismissive of what he has already labeled a witch hunt i hear its a joke i havent watch i have a watch for one minute because ive been with the president which is much more important as far as im concerned this is a sham and shouldnt be allowed it was a situation that was caused by people that shouldnt have allowed it to happen who want to find out who is the whistleblower and because the whistleblower gave a lot of very Incorrect Information including michael with the president of ukraine which was a perfect all. With more reaction from washington d. C. His residential. The u. S. President donald trump said on wednesday that he had not been watching the 1st day of public hearings into the house of representatives impeachment inquiry however the presiden