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Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inf ....
Targeted aid maybe, perhaps as much as 25 million for airlines we have details on that. Later, a democraticled house panel calling for a crackdown and breakup of the countrys biggest tech companies. The chair of the antitrust subcommittee will join us later this hour as power lunch starts right now tyler, thanks welcome to power lunch. Im kelly evans. Were digging through the fed minutes just released. In the meantime, take a look at whats leading the rally its consumer and consumer discretionaries. The house panel is going after big tech its a mixed bag but apple and amazon both up more than 2 . With markets rocketing back after the late day drop we saw yesterday, stimulus back on the table. Bob pisani has more on what were seeing here. In fact, were at the highs for the day. Were on light volume again. The volume tends to be lighter on up days than down days recently thats a sign the pain trade is to the downside. Sectors tends to be the cyclical names here banks, industrials, materi ....
Impact of the virus. We will hear from the investor this hour. Western europe loosens restrictions and says infection rates are using. This highlights systemic weaknesses in the Global Health systems. Shery looking at markets, futures under pressure. U. S. Futures are down. 4 after the second straight week of gains. This coming at a time we are hearing from government officials in the United States the worst may he over for the coronavirus pandemic. Nikkei futures down. 4 . We are going to get march trade data for japan later in the show. Nikkei futures are already at a sixweek high. Seeing downside for oil. 4 while brent is trading at 28 a barrel. This of course after we continue to see this gloomy demand outlook when it comes to oil. President trump is slamming china yet again, suggesting beijing caused the covid19 outbreak that has killed 39,000 americans, and said there sho ....
Set up to benefit those who understand people who actually believe things that are not true that is a crisis for democracy is a crisis of concentration the bottom line. Im daryn jordan this is counting the cost on aljazeera your weekly look at the world of business and economics this week its the 1st nation in lockdown in europe after a spike in deaths from the coronavirus maybe the worlds biggest economy but growth has been anemic over the last 20 years so will it need a eurozone bailout. Plans employing 14000000 people across europe are shutting down we talked to b. M. W. About the future of the industry. Spending the cash on stock buybacks to make shareholders richer airlines are begging for bailouts. Well the worlds biggest economy and its 60000000 citizens are under lockdown its really became the 1st european nation to introduce drastic measures to control the spread of the corona virus outside of china italy has recorded the most deaths from the virus schools have been closed sho ....