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On this, and take the oil and find a place to ship it. That is proving to be a real conundrum for these markets here. There is a company, variety of companies that do this for a living including one called valpak. It has storage barrel systems i dont know what you call it all over the world, include places in singapore, rotterdam, theyre essentially saying there is no room at the inn. Weve run out of space for the space people are looking. Sort of a doubleedged sword here. The fears in the market they have not gone away. At love oil suppliers, their concerns have not gone away. A lot of wildcatters, smaller businesses if you take exxonmobils and chevrons out of this, to lesser extent occidentals host of others theyre still feeling the pinch. Not as much as you would think. Off lows early this morning but still down appreciably. So well be looking at the forward month contract where june is the most heavily traded at the moment. So we will keep an eye on that but we will also keep an ey ....
Developments and Governor Andrew Cuomo has been mentioning these developments. Now worry on the food side though. We heard that tyson foods is indefinitely suspending operations at that largest pork plant in south dakota and worries now, forget about whether you get pork or beef. Whether, if and when you get it. We could be looking at sharply higher prices because right now it is in short supply. Connell mcshane on the latest developments. Hey, connell. Reporter neil, we have widespread agreement whether it is governments or companies, about the economic damage being caused by this pandemic in the country where there are differences though is on the approach to how to reopen economies. Now, you mentioned, some of it is businesses versus government. Business us will make the own decision. Tyson is example of that. Suspension of these operations you mentioned is an indefinite suspension. The basic thing here. A lot of workers ....
The economy in the next 3, 6, 18 months. Tom it has been an extraordinary recharging of global recession. Germany looking at recession calls back to 2009, really no surprise there. But it has been the additive facts that we have seen over the weekend measuring global slowdown. There is no place you see it more than thiss morning, not only in the price decline of oil, but specifically brent has had worldwide crude has an extremely difficult six hours. Francine yeah, we also have to look at currencies, dollar had quite a move, and dollar of course is now benefiting, or at least moving on the back of the Credit Rating downgrade from other countries. We look at pound, a lot a lot of volatility there. Thats get to first word news in new york city with viviana hurtado. Viviana President Donald Trump wants the public to continue practicing social distancing until at least the ....
Hello, dear friends, ladies and gentlemen, comrades, hello, your Favorite Program 60 minutes in hot pursuit is live. We start with sensational news from british death standard. The west is aware of this quote that ukraine is losing the war with russia and may suffer complete defeat by the summer. They say the armed forces of ukraine are exhausted, they have nothing to answer russia, European Partners from. Berlin, rome and madrid, attention, secretly and are clearly seeking to make a deal with russia, in fact, the main point of this article. The stalemate at the front is confirmed by another miracle pill in the ssu, after the ukrainians burned almost all of their arans, somewhere near avdiivka they rolled out, look, the british challenger 2, which after the meeting with the russian carnet has not been visible outside the test site for a long time , and the relics of the ....