Also burundis Top Court Rules that the president elect can be sworn into office after the. Libyan Government Forces surge into the strategic city of sirte we look at the barriers to striking a ceasefire with the warlord after. The supporters formula one race is a. Poor and become the latest to be cancelled because of coronavirus. Welcome to the news a dire picture is emerging of how the worlds 2nd most populous nation is coping with the coronavirus india has nearly 300000 cases but the number is climbing rapidly and the Health System is struggling the Supreme Court says conditions are deplorable for the patients in the worst affected states have been reports of people being. Treatment of bodies not being disposed of properly elizabeth problem begins our coverage from the capital new delhi. Hundreds of doctors in hyderabad smain hospital for coronavirus patients on strike just one of many protests by Health Care Workers across india a doctor here was attacked by relatives of a patient h
A ceasefire deal with ward cleaver hafter. I may well aims with the stores news including the heavy weight control seen in boxing the few joshua deal comes under scrutiny because of its possible links to organized crime details coming up later this hour. Welcome to the news our india is struggling with a rapid rise in corona virus cases and its highest court wants an explanation for the state of care its clore calling deplorable nearly 11000 new infections were confirmed on friday at a city official in the capital says deaths there are almost twice as high as official figures now the Supreme Court says patients are being treated worse than animals in the worst affected areas with reports of people being turned away from hospitals and bodies not. Being disposed of properly brazil is also ahead of india with 802000 cases and theres no sign of infection slowing down there either some intensive care units are more than 90 percent full the World Health Organization is warning that the pande
In the last 24 hours, combining virus dynamics with oil dynamics. That is a distinction of this crisis. Francine and i am looking two to european lets get to first word news in new york city with viviana hurtado. Viviana we begin with a uturn from President Trump on the need for an economic stimulus he now says he will seek a payroll tax cut and belief are Industries Hit i the new coronavirus. Today the president is promising to unveil what he calls very dramatic action to support the economy. Bloomberg has learned for now the package will not include help for airlines and others in the travel industry. Now to italy it will become the first country in the world to attempt a nationwide lockdown. It is trying to stop the spread of coronavirus in europe. Almost 500 people in italy have died from it. A prime ministry imposing a travel ban. He has told italians, stayathome. Some of the worlds biggest banks predicting the European Central bank will cut Interest Rates thursday. J. P. Morgan a
Lets look at these markets and our into the european trading day. Stoxx 600 in europe up by. 1 . And even start to the trading day. Evenly divided winners and losers on the European Equity markets. Lacking any direction. Into the u. S. , also lacking direction. We have seen a little bit above the flatline. Not getting a great bicker great bit of direction. A big focus on Central Banks and a u. S. And a focus on u. S. Policy. Titians, ay trade tensions, that coming up. Wrist bank leaves behind five years riksbank leaves behind five years. Is now what we are showing you. We were showing you the norwegian krone. Not to be confused with the riksbank. Bank, we scroll back to what they did there. That was as expected. See a to this picture, we number of Central Banks leaving policy unchanged. They were treated for negative Interest Rate hiking. They were moving in their own direction moving against the cutting cycle for many previous months. We continue to do that. Lets get a new lets get an
Alltime high, President Trump signed an interim trade deal ahead of that the agreement averts new tariffs on chinese goods that were due to kick in this weekend. It is 4 00 a. M. In the u. K. I am Tracy Alloway in hong kong. You are watching the pound this morning. As soon as we got the exit poll, that was six hours ago, suggested we would see a big majority for Boris Johnson. Everything we have seen seems to confirm we all we will see a big majority for Boris Johnson. The pound goes higher, up by 2. 4 . The euro falls against the pound. We have not just been covering the brexit ramifications. There is also the trade narrative, progress between the u. S. And china. That is having an impact on agricultural products. There are two walls crumbling friday. One is the redwall and the other is the proverbial wall of worries for investors. Look at the price of soybean futures, those are surging off the back of speculation that lots of add products will be bought by ag products will be bought