This is food bus the one business show you cant afford to miss im french born washington coming up markets have had it up and down day as hopes of a quick recovery are fading we analyze the numbers and how a potential recovery could look and as Digital Currency is seeing a ray of hope amid the outbreak telegram has halted its cryptocurrency project straight ahead we have a boom bust panel to go over whats happened plus sector after sector has faced the wrath of cope at 19 how is Media Consumption fairing we have an industry analyst on hand to break it all down we have a packed show today so lets dive right in. And you. U. S. Equities rebounded thursday after big drops early in the day at open the 3 major indices in the dow s. And p. 500 and tech heavy nasdaq all fell by at least 1. 5 percent but turned positive hitting session highs in the final hour of trading markets were initially pushed down by more bad news in the u. S. Job market as the Labor Department reported nearly 3000000 ne
There are more than 3900000 global cases of coronavirus more than 272000 deaths newly released numbers show the damage that coronavirus related shutdowns are creating for global economies the u. S. Labor market reported historic lows slashing 20500000. 00 workers from nonfarm payrolls the Labor Department reported the Unemployment Rate surge of 14. 7 percent last month thats topping the post world war 2 record of 10. 8 percent but its still short of the Great Depression high which was at 24. 9 percent yet stocks are surging and seem to be ignoring those numbers well canada also lost a record breaking number of 2000000 jobs last month unemployment numbers surging to a near high of 13 percent while the worst of the pandemic seems to have passed in europe more countries continue to reopen their economies still. The European Union is facing its worst recession ever and france adjusted the e. U. Issue bonds of at least one to 2 percent of the u. S. G. D. P. For the next 3 years so essential
A near high of 13 percent while the worst of the pandemic seems to have passed in europe more countries continue to reopen their economies still the European Union is facing its worst recession ever and france suggested the e. U. Issue bonds of at least one to 2 percent of the e. U. G. D. P. For the next 3 years so essentially it would be between a war 152300 1000000000 euros this according to a reuters report will mean while South African countries are calling for the lock down to and this is up to 4000000 jobs that are at risk keep in mind south africa is the continents most industrialized economy and if not contained the World Health Organization predicts a virus could kill up to 190000 people in africa in the 1st year all this comes as australia joined the United States and called for an investigation on chinas handling of the corona virus on friday well try. And as ambassador to berlin we can told a german magazine they are now open to approach but they reject putting china in the
This is the one business show you cant afford to miss branch of boring washington coming up markets have had it up and down today as hopes of a quick recovery are fading we analyze the numbers and how a potential recovery would look and it has just told her she is seeing a ray of hope amid the outbreak telegram has halted its cryptocurrency project straight ahead we have a boom bust panel to go over whats happened plus sector after sector has faced the wrath of cope at 19 how is Media Consumption fairing we have an industry analyst on hand to break it all down with a packed show today so lets dive right in. And u. S. Equities rebounded thursday after big drops early in the day at open the 3 major indices in the dow s. And p. 500 tech heavy nasdaq all fell by at least 1. 5 percent but turn positive hitting session highs in the final hour of trading markets were initially pushed down by more bad news in the u. S. Job market as the Labor Department reported nearly 3 1000000 d new jobless
Coronavirus lockdowns International Markets at one of their best months in history we take a walk around the globe plus as the companys remain under lock down around the world what constitutes an essential business and where does crypto currency fall in that designation we bring in a boom bust handle for insight into the packed show today so lets dive right in. And u. S. President donald trump on thursday escalated tensions with china over the handling of the coronavirus pandemic saying the trade war between the worlds 2 largest economy is now of secondary importance. We signed a trade deal with is supposed to buy and theyve been buying a lot actually but that now becomes secondary to what took place with the virus the virus situation is just not acceptable you know the situation stems from the u. S. President s assertion that china could have done more at the onset of the pandemic. This is something could have been key. Tamed at the original location and i think it could have been con