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A casualty of the recent economic slowdown if you havent planned as hard as oil sector we have a live report on how falling demand and a price war has. Been a jam packed show today so lets jump right and. Futures his limit down before market opened monday as the fed said the markets panicking yet again there are technical meeting this week that was meant to mediate between saudi arabia and russia sources so that it will be hard for both sides to reach a compromise now and then i just mark a warrant that extreme oil surplus is possible Monetary Policy is now being discounted as cheap or money does little to restore confidence in the average consumer in the face of a deadly pandemic 0 percent Interest Rates wont make up for much of the massive loss of activity and income for companies and consumers. And for more were now joined by danielle de martino book author of fed up an i ....
Weekend cutting its key Interest Rate by a full percentage point to near 0 and boosting its Bond Holdings by 700000000000. 00 markets are still getting slammed triggering a 15 minute hold again right off the open. Target range for our own Interest Rate by one percentage point bringing it closer or further we expect to maintain the rate at this one and who were confident that the economy has weathered recent events and is going to try to achieve our maximum employment and productivity go. Equities saying deeper into bear territory as the dow is now about 30 percent off its all time highs investors are digesting nonstop news full of companies shutting down operations countries sealing borders and infections spreading in normal circumstances a large policy response such as this weekend would put a floor under risk assets and s ....
The market down continues as an early fed rate fed doesnt work as planned this is boom bust the one business show you cant afford to mess im christiane and im burnt to born washington coming up the Federal Reserve has taken measures to combat the malays of the cope 19 impact we take a deep dive on the move and the way other Central Banks around the world are reacting plus. We have taken other decisions as well as going up the most important is that we have clues to argentinas borders during the next 15 days a period that can be extended to argentina the borders are closed and amid the outbreak what measures are some nations around the globe taking to slow the spread of which i mean we take a look around the world to see which nations. Traveled to states yesterday. And later several industries have been a casualty of the recent economic slowdown you havent planned as hard as o ....
A Court Showdown with the anticorruption chief well be live in pretoria. Im joined again create a virus continues to have an impact on Global Sports especially when its late but also forcing events including the top Football League has been postponed until april. So that italy has closed schools and shopping malls rolled out checkpoints and told 60000000 people have got to stay on the unprecedented restrictions have been announced as it tries to stop the spread of coronavirus the economy minister has even downs mortgage payments will be suspended its just gone 11 oclock in the morning this is central right at one of the most famous Tourist Spots in rome they would be tourists roaming around the whole time but now its empty the streets pretty well empty. Lets take a l ....
So then italy has imposed unprecedented restrictions on all its 60000000 citizens as it tries to combat coronavirus theyve been told to stay at home and only emergency travel will be allowed the economy minister has Just Announced mortgage payments will be suspended and a 10000000000 dollar relief package is being prepared but take a look at rome at this moment its 10 am in the morning that the streets as you can see nearly empty amongst all the tourist sites usually overflowing with tourists here schools and universities theyre closed well go live to a town in northern italy in just a moment but 1st heres victoria be beginning our coverage. Its unease coronavirus that the demick already the 2nd most deadly after china has taken another dramatic turn with more than 60000000 people the countrys entire population under lock down from tuesday Prime Minister does that they contai ....