Around 250,000. The u. S. Planes china. Blames china. Warren buffett bails out of u. S. Aviation. He says the coronavirus has changed the Airline Industry forever. Shery breaking news out of south korea, getting Consumer Price inflations. It is an deflation territory. This is now a contraction of 0. 6 . This is a bigger decelerations when itt was expected. Comes to the year on year figure, a little bit better, still accelerating, 0. 1 . Suffice it to say there is a lot of pressure on Consumer Prices and we have had social distancing measures continue to dampen command demand. You strip out a little bit of energyactors including factors, cpi still accelerating 0. 3 but missing expectations. This would lead to more pressure on the bank of korea to do more. Bloomberg economics expecting a 28e cut as soon as the may meeting and further measures to bolster liquidity. Look at how markets are trading, seeing Downside Pressure for kiwi stocks falling more than 1 , the lowest level in more than
Aviation. He said the coronavirus has changed the Airline Industry forever. We are getting breaking news across the bloomberg. We have westpac earnings and details with regard to the dividend policy. The first half including special, 2. 2 billion australian, net margin with regard to that decision on the interim dividend, differing a decision to be made deferr ing a decision to be made, looking at the impact of the coronavirus slowdown and the credit loss provisions as well. They will move smaller scale businesses into divisions so it looks like restructuring effort. The cash profit, 933 million. The decision to defer the policy. Looking at u. S. Futures dropping in the asian trade. Shery adding to declines we saw friday, on the back of abysmal economic data, not to mention profits earnings from u. S. Companies. Futures are falling more than 1 . Sincet saw the best month 1987. When it came to world stocks, it was a rally of 10 for the month of april. Oil declines, probably more than 3
Brent also lowered to about 2. 3 . With treasuries. Havens like the dollar, the yen. We saw where the nerves are with dollar renminbi. Seeing the hikes inching closer for dollaritory china right now. 6. 4 ,ing a contraction of so we could be seeing a deeper contraction. Financialrom the secretary paul chan saying we could be facing the worst contraction on record. The rupiah seeing some strength here. The carry trade has been coming back. 14,000, 935 around 14,935. The trump ministration is stepping up its attack on china, saying that there is enormous evidence that the coronaVirus Outbreak emerged from a lab in wuhan and china covered it up. Secretary of state mike pao stopped short mike pompeo stopped short of saying the virus was manmade. While the Intelligence Committee continues to do its work, they should continue to verify so that we are certain. I can tell you that there is a significant amount of evidence that this came from that laboratory in wuhan. Business confidence in the
Actually hold office to be impeached. Since the 45th President is no longer president , the clause shall be removed from office on impeachment is impossible for the senate to accomplish. Now the house Impeachment Managers brief was a lot longer. It was 80 p0 pages, it focuses President Trumps betrayal of historic proportions and the threat he poses to the constitution. They say the president is to blame for the insurrection writing its impossible to imagine the events of january 6th occurring without President Trump creating a powder keg, striking a match and then seeking personal advantage from the ensuing havoc. Jim accost osta joins me now. The trump team was concise in comparison. They appear to have come to a compromise with the president on whether to focus on the constitutionality or the stolen election. Thats right. I think it boils down to what the president s advisers have been saying for weeks now, that his speech on january 6th, while some may view it as incendiary and it c
Vows not to dilute, dither or delay that legislation. The white house focuses today on immigration as President Biden prepares to sign a series of executive actions, including Assembly Task force to reunite families separated at the border during the Trump Administration. Welcome to tuesday, its Groundhog Day, the longest Groundhog Day any of us have ever experienced, isnt it, anyway, it jen psaki will hold her briefing the house Impeachment Managers have filed their pretrial brief this morning as well. Well get to both of those in a moment. The Daily Briefing comes after President Biden met with ten of the most moderately minded Senate Republicans, not necessarily an ideology but perhaps in tone last night at the white house. The that meeting they proposed a covid relief deal that they probably knew biden could not support and biden probably knew they wouldnt be able to stay united on that anyway. Case in point, its not every day you see Mitch Mcconnell publicly renouncing or praising