If you look at it, it is more of a financial thing than an Oil Situation. Airlines stock go into descent. Problems for peugeot expecting to see the european car market shrink this year. Lse outperforms. Also reaffirming the final dividend and will complete the 37 billion refinitiv deal in the second half. President trump issues an executive order suspending all immigration into the United States to, quote, fight the invisible pandemic and to save american jobs. Well documecome to street. Lets get to the top stories of the today, which is energy markets. U. S. Crude turns negative for the First Time Ever. Siting the strain on storage looking at minus 2. 08 falling 30 , yesterday settling over minus 37 a barrel. That means producers would pay traders to take oil off their hands. Amid widespread lockdowns amid an output cut among opec have not yet taken effect uta trading around 20 a barrel. Clearly holding out much better than the may contract. Big questions remain over whether we could
The strain of coronavirus. Has declared he will suspend immigration into the United States through an executive order the us president in this tweet said it was in response to the coronavirus pandemic he refers to it as the invisible enemy and added that he has to protect american jobs so well that was an announcement of 3 swift condemnation from some in the Democratic Party who accuse trump of distracting people from what they describe as his faulty response to the outbreak well start with this john hendren chicago. The president issued this tweet in the dark of night and he seemed to do that for good reason he could have made his announcement at his daily News Conference where he talks about the coronavirus and all of the actions the administration is taking but by issuing this mysterious tweet late on a monday night he gets the morning news cycles where the newspapers d in the morning shows talking about what hes had to say and then in the afternoon he gets another round where he ex
Weve had a pretty eventful 36 hours. The price of oil, we look at the mechanisms that led to that. We will look at markets. We had an interesting note on the pound. Brexit has taken a little bit of a back step with so much, the lockdown. Yesterday was the first day of talks resuming on brexit between e. U. U. K. And e. U. , the saying they will not extend the transition period. We begin this busy newsday with wti true crude again below 0 dollars a barrel, recovering from yesterdays wipeout which saw plunges in new york of up to 41 a barrel, the first time they have gone negative in history. The june Contract Trading above 20, spread reflecting growing concern over shortage of storage space. The u. S. Has information north Korean Leader kim jongun was in Critical Condition after surgery last week, according to an official. His current status is not known. The Trump Administration seeking more details. South korean Officials Say kim is conducting normal business. President donald trump s
A month. Well come back later stronger and fitter than the boss of a straight the 2nd Largest Airline promises to reboot and stay in the sky after it collapses under the strain of corona virus. Were starting with the news that donald trump has declared he will suspend immigration into the United States through an executive order no further real detail but the u. S. President in a tweet says it is in response to the coronavirus pandemic which he refers to as the invisible enemy trump added that he has to protect american jobs in swift condemnation from some in the Democratic Party who accuse trump of just trying to distract people from what they describe as his faulty response to the outbreak of john hendren in chicago. The president issued this tweet in the dark of night and he seemed to do that for good reason he could have made his announcement at his daily News Conference where he talks about the coronavirus and all of the actions the administration is taking but by issuing this mys
Number of coronavirus deaths in england and wales could be 41 percent higher than the government has been reporting. A dire warning from the u. N. The number of people going hungry around the world could double because of the pandemic. Chortle for you cheers citizens is to differ on earth to choose to do what we can. Also this will need the volunteers helping to boost irans response to the pandemic. And im piece them to the sport huey for and its Member Associations are holding a teleconference on tuesday to try and work out a way to finish the football season. Us President Donald Trump declaring that he will suspend immigration into the United States via an executive order the u. S. President on twitter said thats in risk. Of the coronavirus pandemic referring to. The invisible enemy added that he has to protect american jobs the announcement drew swift condemnation from some in the u. S. Democratic party the who accused mr trump of distracting people from what they described as his f