As being totally disingenuous. The jd of what happidea of whatt week with the minus 37, theres a couple of Financial Instruments that are wrong they are broken. We dont regard things as broken because it seems almost impossible that something could break. But the future that you see and the actual prices are very different, particularly in the out years. And i think whats going to happen is this has to go to zero again, because we dont have more space i heard the ceo of the largest Tanker Company on friday saying theres no room. Why should this number not go to zero it should go to zero faster than it did last time any chance it will go to zero. Yeah. Any chance that it doesnt because we will begin opening u some of these states thats certainly a hope, but there are times in life where people know that theres an instrument that is faulty. And they can shoot against that instrument and bury these people there is this financial problem that people behind the uso, they are financial peopl
The pattering and get some encouraging results. Until go welcome to the program a u. Finance ministers have reached a deal on a 500000000000 euro plan to soften the economic fallout from the coronavirus pandemic the measures are aimed at helping states hit by covered 19 as well as supporting companies and protecting jobs the breakthrough came after ministers failed to overcome differences in marathon talks earlier this week southern European Countries wanted the union to do more to ease access to Financial Markets by creating socalled corona bombs but that idea was vetoed by wealthier countries like germany the netherlands and finland. And the. Masses is following this story for us a in brussels welcome i go tell us more about whats in this deal. The plan that has now been agreed to is consists of 3 safety nets 1st of all you have the European Bailout Fund the european stability mechanism and here quite essentially the ministers have agreed that the conditions to get money from that ba
A fairly strong currency move this week. Time now for global exchange. We bring you todays market moving news from all around the world. From hong kong to london, frankfurt and new york come our bloomberg voices are on the ground with this mornings top stories. In asia, the coronavirus continues to spread, with south africa reporting a surge in was also inand that south korea. Joining us is stephen engle. Give us the latest. Stephen you have another revision out of china as they get previously unreported cases out of five different prisons in three provinces. You have those supposedly isolated clusters adding to the total again. They revealed the numbers and then added more. In some cases, more than 200 ands in chengdu province another in hubei province. More provinces could report outbreaks as well in those supposedly isolated ecosystems like prisons. As well, we are seeing additional clusters in other parts of asia, not just china. You are seeing a surge in cases of another 52 in sou
Cade it is like this big with pack man. You have a minigalago my best present was an hour off for a nap. We dont Exchange Gifts for the adults we dont either it is for the kids we do under 35 or under 25 exchange for the adults. I lost mine at davos a few years ago. My little fur hat. I got a new one of those with the flaps i remember yours was like really big like a russian style. Yes i lost it. He looks like a cool kid wearing it so cool brian williams, ill never forget, i was walking into 30 rock years ago wearing the hat he said, you know, they make those for men too. There you have it. Lets talk about the u. S. Equity futures this morning, if you think this is a quiet holiday week, you would be mistaken looking at big gains again dow futures indicated up by triple digits this morning after all three of the major averages set new records seems to be happening on a regular basis. Dow indicated up by 106 points s p futures up by over 10 points nasdaq up by 36 and the nasdaq closed ab
Bay. Reporter a public space for the homeless a deep sense of Civic Responsibility led them to make todays announcement. 2. 5 billion to help us track ideas to end the housing crisis. Is going to create a lot of housing. Reporter 150 million part of the record setting gift, executives hope to infuse ongoing efforts with more working capital. You cannot throw money lem. With homeless particularly you cannot follow where its going or where it ends up. Reporter 1 billion for Affordable Housing fund and one billing for a firsttime homebuyers assistance fund. 300 million into affordable hou 150 million and 50 million to support vulnerable populations. That money goes to destination home. It will help us prevent families from ever having to live on the street and help us look for new and Innovative Solutions to get housing. Reporter political leaders hailed the corporate on the heels of the billiondollar ledges. Gov. Newsom called the donation unparalleled and said apple is serious about sol