Matter what you see aljazeera will bring you the needs and Current Affairs that matter to you. Aljazeera. Hello im saying this is counting the cost on your look at the world of business and economics this week a special from iran that iran has always been able to work around crippling sanctions but the coronavirus pandemic that killed thousands has trashed the economy what kind of economy will emerge. No country in the middle east was hit harder by the corona virus pandemic than iran its recorded more deaths than anywhere in the region and total infections are still rising overall rates are slowing down but an officially the numbers are widely believed to be much higher. And the government initially downplayed the pandemic in a speech in the early days of the outbreak Supreme Leader Ayatollah Ali Khamenei described it as a non emergency and said the United States remains the biggest threat to the country. And during the 1st meeting of a Task Force President Hassan Rouhani set up to res
Cooperman taking on trump over the Federal Reserve in times of crisis Worldwide Exchange begins right now. Good morning and welcome to the show im dominic chu. Announcer to Brian Sullivan. With me the entire hour, peter bookfar wiright now stock futur indicate what could be a nice open to the upside, about 175 points within the last hour we were up 400 to 500 points implied. Well see if that moves. The Dow Jones Futures have been going from losses all the way to gains. At one point we had a range of 1100 its been a volatile, possibly preshadowing the market. Tenyear government yields we gone down to 1. 0 3 year, setting the record twoyear treasury notes, 1. 2 . The session low for americanbased crude is 43. You can see 45. 53 the last trade there. We have seen a bit of a downside move in the last hour or two lets watch whats happening a rebound in under way, in asia and europe as well as investors hope for action from global Central Banks around the coronavirus. Matt taylor is in singa
China is the manufacturing workshop of the world and its shrinking, manufacturing, shr k shrinking at its fastest pace ever. This is an astonishing move into the safety of tenyear u. S. Treasuries. At one stage that yield had dropped all the way down to an alltime low of 1. 03 . Right now, we are at 1. 08 . Historically very, very low. The virus is the problem. We do not know how much our economy will slow if large numbers of people are quarantined and people are unwilling to go out and shop and travel and mingle. We have these developments on the virus. Deaths, two deaths in what appears to be a cluster of cases centering on a nursing home in kirkland, washington. Firefighters who went to the home are now quarantined. There are confirmed cases in nine states. Florida has declared a Public Health emergency. Theres this bombshell from iran. A Senior Adviser to the Supreme Leader has died from the virus. Several members of the top leadership are infected. But iran has done little to rest
And merican vote its. We begin with breaking news out of new york hollywood movie producer Harvey Weinstein has been found guilty of Sexual Assault and 3rd degree rape but hes been acquitted on the most serious charges christensen he is live for us in new york kristen just tell us a little bit more about these charges and about the verdicts. Right well as you mentioned the 2 most serious charges predatory Sexual Assault he was found not guilty but he was found guilty. Rape in the 3rd degree and a Sexual Assault a criminal Sexual Assault those 2 charges relate to allegations of 2 women one an actress one a Production Assistant who said that they were forced into this relationship with Harvey Weinstein the defense had argued that this was a consensual relationship and they pointed to emails and other evidence that showed that both women maintained a relationship with Harvey Weinstein after the alleged attacks occurred even at times of flirtatious relationship and a sexual relationship wi
With India Donald Trump announces a 3000000000. 00 weapons deal as he aims to boost his reelection chances with Indian American voters since. The surge was Prime Minister is back home to face charges relation to the murder of his former wife. The World Health Organization is sending a team to iran has made a spike of coronavirus cases there in iran the Health Ministry says 12 people have died but helpful thora things have dismissed claims from an m. P. Who says the figure is actually closer to 50 meanwhile cases are spreading across the middle east with kuwait omagh there are kind of going to stand all reporting cases of infected travelers coming from iran in europe 3 more people have died in islam is north bringing the total there to 7 there are almost 200. 00 cases there the highest concentration outside of asia while a spike in cases in south korea has put the nationwide total there at over 800 south koreas polman has cancelled mondays meeting a work is disinfected the building of t