And captain sir tom moore, the war veteran who raised tens of millions for charity during the first lockdown, has died at the age of 100. Hello. Women in chinas so called Re Education Camps have been systematically raped and tortured, according to first hand accounts obtained by the bbc. Its estimated at least a million men and women have been detained in the camps. China claims they are simply centres to De Radicalise Uighurs and other muslim minorities. 0ur correspondent matthew hill has spoken to several former workers from the camps and detainees. You may find some of what they have to say distressing. Tursanay ziyawudun is reliving a story she can barely bring herself to tell. She was held one of xinjiangs so called Re Education Camps. These Satellite Images show the site were she says she was held, sharing a cell with 13 other women with a bucket for a toilet. And shes haunted by one image masked men coming down a camp corridor, like this one, after midnight. Translation they wer
I wanted to point to the mexican peso. Has not moved much today but we are keeping an eye on the earthquake that struck the country. Now lets get a status report on the credit markets. 13 u. S. Companies sought bankruptcy parks section protection last week. It comes even with the intervention of the fed which has injected liquidity across the markets and given borrowers. For more insight, lets bring in srikanth sankaran. The last time we spoke, we were already seeing a calming in the credit markets. Where do we go from here now that the fed has backstopped entire curve in the credit market . Srikanth our thesis over the next 12 months is we get a grind tighter with respect to spreads. Our call is for credit markets to deliver positive exit returns across investmentgrade and highyield markets. Effectively, you want to be more selective, but at the end of the day, this is an environment where you have to look at rerisking portfolios in times of weakness rather than missing out when the m
Calls that. Im going to off as well come its a big day today for one of europes largest ally and tons of shareholders gathered today to vote on a 9000000000 euro taxpayer rescue package the bailout would see the German Government take a significant stake in the airline supporters of the deal were boosted on wednesday when loved ones us largest single shareholder havent tina revealed he would support the deal that could bring loved ones of back from the brink of bankruptcy its full of tons of the coronavirus pandemic has been a nightmare barely anyones flying belly anyones wanted to fly and the outlooks not much better left hands is main source of profit is its Business Class but with Video Conferencing getting ever more popular even thats facing an uncertain future so natanz it has agreed a potential government aid package. In exchange for 9000000000 euros in help the german state is expecting a 20 percent stake in the National Carrier and it wants an option for a blocking minority of
Test everyone showing symptoms. Also russians brave coronavirus fears and head to the polls for a controversial vote on constitutional reform if could allow president Vladimir Putin to stay in power for another 16 years. As welcome to the program its a big day today for one of europes largest ally and german flag carrier love tons of shelters gathered today to vote on a 9000000000 euro taxpayer rescue package the bailout would see the German Government take a significant stake in the airline supporters of the deal were boosted on wednesday when loved ones as largest single shareholder have until it revealed he would support the deal the deal could bring loved ones are back from the brink of bankruptcy. Full of tons of the corona virus pandemic has been a nightmare barely anyones flying barely anyones wanted to fly and the outlooks not much better lufthansa its main source of profit is its Business Class but with Video Conferencing getting ever more popular even thats facing an uncertai
There are concerns over the pace of the recovery, the second wave of infections. Infections rising in 22 states across the u. S. The dow ended the session up 1. 9 . The s p 500 up 1. 3 . The s p futures, under pressure. Oil also falling with the 35 a barrel level. This is after crude posted its first weekly loss since late april. We have, as i mentioned, fears of a second wave of infections affecting the fragile recovery. Investors are awaiting the opecplus joint Technical Committee meeting this week. Lets see how things are shaping up for asian markets. Monday, fragility well. On view as asian stock futures looking mixed after the regional benchmark cap to the first weekly drop in three. Patch,hitting a rough sinking more than 5 in three days. Signaling concerns around a potential recovery across the globe. Value performing decently in a for the month of we are going to find out if Central Banks will add support with rate decisions do including taiwan and indonesia. In japan, after pa