We were seeing a bounce. A few trade and tariff exclusions will now apply on chinese goods. We are closer to reopening, and oil rallying. Some permian drillers are cutting output even as the Texas Railroad commissioner ryan sitton told us yesterday that quotas were down on arrival. We are seeing diamondback,s diamondback,seeing centennial, and others cutting output today. Guy that is feeding through into the china story, and also into what is happening here in europe. Oil and gas the best performing sector. Brent is up 11 . Higher the00 gapped first thing this morning. Eurodollar taking a knock earlier on, that big hit coming through from the German Constitutional Court calling into question the ecb qe program. That also had a fairly significant effect on btp yields. Currentlying higher in italy. The combination of the positive and the negative coming together here in europe today. Stocks higher, but we are seeing the currency coming under a little bit of pressure. Coming up, we are go
Interesting or not is that it is a reflection of the number of tests weve had. 36 testing positive is slightly higher but that is the number that goes up and down. We will talk about why that may not be the best indicator of what is going on. I think of real interest to me is i look at hospitalization, you see 79 people hospitalized. That is the number that is not that is going up not exponentially but going up on a linear basis, which i think is good news. 17 fatalities is never good news. But again, it is a number that is not going up exponentially. What that means is it gives us capacity to plan and this is following what our modeling has been. And i start with our Health Care System. Our Health Care System is bending but it is not breaking. And that is because we did build in capacity in terms of everything we are trying to do, and that capacity as i have described in terms of other briefings, in terms of the beds, in terms of people, in terms of icu, we are planning accordingly fo
Alejo and petaluma. Today still scattered showers and fog being reported. A little bit of activity continue to rotate back in from the valley and it was yesterday at petaluma with lightning strikes, 30s and 40s as cool as it will get and fog being reported, fairfield 38 and napa 36 and activity rotates around the low and over the sierra back towards us that will keep the threat of scattered showers today as the low takes a slow track to central Southern California but we are not done yet. Below average on the temperatures but they are creeping upwards now thats go over to Sal Castaneda to see if theres anything going on. Sometimes at this early hour there is. Steve there is some boot scoot and boogie. Good morning everyone. Lets take a look at the commute now and the traffic will be a little bit busy in some areas but not at the richmond and san rafael bridge. It is absolutely light right now and the places it might be busy would be the areas where there is construction work going on s
President unveils his plan for reviving the Worlds Largest economy but there are doubts about whether it will work. And the rush to make masks in kenya as the World Health Organization walled 300000 people could die across africa. And canadians come together to help societies most vulnerable get the goods and services they need. Welcome to the news hour its 1500 g. M. T. 6 oclock local here in doha welcome to the news hour we begin in china where the coronavirus pandemic has stopped decades of Economic Growth the countrys g. D. P. In the 1st 3 months of this year shrank for the 1st time since records began on the news comes as the government revised the death toll in the city of where the pandemic began officials now say 50 percent more people died than. Its the reported from beijing our correspondent katrina you reports. The coronavirus pandemic has Strained Health systems around the world and now its caused the uninterrupted growth of the worlds 2nd largest economy to falter for the
A leading Health Experts slams the governments pandemic response. Also the u. S. President unveils his plan for reviving the Worlds Largest economy but there are doubts about whether it will work. And the rush to make masks in kenya as the World Health Organization warns 300000 people could die across africa. Welcome to aljazeera because in china where the credit virus pandemic has stopped decades of Economic Growth the countrys g. D. P. Is in the 1st 3 months of this year that shrank for the 1st time since records began the news comes as the government revised the death toll in the city of new hardware the pandemic began officials now say 50 percent more people died there the previously reported from the Capital Beijing has katrina you. The coronavirus pandemic has Strained Health systems around the world and now its caused the growth of the worlds 2nd largest economy to falter for the 1st time in decades for the 1st quarter of 2020 chinas g. D. P. Contracted by 6. 8 percent that woul