Much needed rest. Guy johnson helping out, and we are thrilled by that. Guy, it is so exceptional to see a leader ill and certainly within this crisis. Give us the mood among the government, among dominic raab and others, the emotion right now around 10 downing street. Guy clearly everybody is hoping that the Prime Minister gets well and soon. This could not come at a worse time for britain as the country continues to fight the outbreak of the virus. I drove past this morning, and it is very busy down there as the world waits for news over what is happening to the prime unitter, moved to the icu in st. Thomas to make sure he was close to a ventilator. Clearly his situation has deteriorated recently, significantly. We understand he is still conscious, news remains limited. We now have a government that is led by dominic raab. He is the secretary of state and the foreign secretary. The u. K. Has government by cabinet. He will need to maintain a consensus within that cabinet. I suspect th
Here as well. Also want to point out some breaking news. Macys says their cfo paula price is going to leave the company. They are looking at an external search currently. Premarket withn the overall market. Exxon mobil also coming out, finally the last of the big majors to cut their capex. They see overall Capital Investments for this year about 23 billion. They saw up to 33 billion. They are also cutting operating expenses by about 15 . They are maintaining their longterm outlook. They say Capital Allocation priorities remain unchanged. The longest chunk of all these cuts are going to be spending in the permian basin. That is interesting. We heard something very similar with chevron, a little easier to shale. Ex within they are dealing with the fallout of the crisis. Watching those stocks as we head into the open. U. S. , as wellthe as the markets, but the collapse of the Small Business optimism i was just talking about. Gauge falling by 8. 18 points in march. Michael mckee joins us w
Former President Park yohe and her associate choice and still now both serving long prison terms he was given a 5 year sentence for bribery but only served one year before his sentence was cut in half on appeal and he was able to walk free but the prosecution appealed that decision and won a ruling at the Supreme Court which is now resulted in this retrial the case has also highlighted the longstanding controversy over the role of south koreas j. Ball these are family run conglomerates that dominate the economy i dont often accused of wielding too much power prosecution lawyers have told the court that lees alleged bribery was part of a plan to take over the chairmanship of some song from his father it poses a challenge to the current liberal administration of president moon j n seen here at a recent ceremony with a lady unveiling a multibillion dollar investment. Boon has promised to curb the chaebol powers but it comes at a difficult time for south korea and samsung as the tech giant
Departments the crisis is if anything the police John Hoeven Al Jazeera pass. Weather is next but still ahead on aljazeera casualties of the trade war we need the workers whose jobs are on the line as the u. S. And china resume high level talks and the heir to the samsung empire returns to court with his future in the balance. Hello another blast of winter is coming down through colorado you just about see it on the cloud picture here its enhanced the sunder storms which are pretty vicious running up from texas through kansas and its also picked up on the santa islands created more santa ana winds for the clear skies and dry weather and fire risk of Southern California however that cold as for snow down almost the texas panhandle in the forecast and then it tends to bring cooler weather to pick up the showers the strength of the showers the intensity of them along the Southern States leaving the rest draw i am not especially cold i have to say denvers back up to 17 degrees having seen
Ahead. Of the samsung empire returns to court with his future and the balance. And a legal battle in the occupied west bank of a series of banned websites. However there is more clout in iran but this is focus on the east and the levant the certainly a change in season here has been flooding rain in northern egypt and there is more to come not circulation a cloud will develop into something more is not on farther than on saturday bringing heavy rains to alexandria sinai and probably a little bit further east and maybe affecting for example jerusalem whose temperature will drop to Something Like 19 is the rain. On saturday certain things to the east cloud will develop into showers over iran but iraq seems to escape the temperature down to 30 called just a little cooler and we might from the same sort of system get some showers crna over the red sea over this part of saudi arabia restoration ministers looking quiet for now but with the approach of potential tropical cyclones a long way w