Vaccines. Virus deaths hit a record in the u. S. And in italy. And finding a compromise, opec agrees to slowly add more oil year after days of tense talks. Saudi arabias Energy Minister called the process of excruciating. Welcome to the program, everybody. Welcome to the European Market open. It has just gone 7 00 here in london. German factory orders rising 2. 9 month on month. The estimate was for an increase of 1. 5 . That was better than anticipated. Factory orders arising year on year, 1. 8 . The estimate was 0. 2. We have seen a continuation of growth coming through. We will see what momentum is like in the further winter months. Another story out of germany, potentially more interesting, perhaps. Germany has agreed to extend a to preventr bankruptcies as the economy is hit by the second wave of the pandemic. Germany is extending its 37 billiondollar backstop for Credit Insurance by another six months in the month of june. The industry will surrender 60 of remittance to the gover
23. 60. The other big news today was adp employment. 20. 2 million jobs lost. Interesting to see the crude market and the equity market going in two different directions. In europe, they are not here in europe, they are not. The pound is also trading down by around 0. 5 . We get an announcement sunday on lifting the u. K. Lockdown. Brent down by 3. 5 . We are seeing incredibly grim data from around the world. The European Commission economic forecasts were absolutely horrible. The services pmi data was absolutely horrible. It just continues to come and come. Obviously, we are waiting to see what we are going to get friday. The adp number not exactly a great story. It looks like the unemployment number friday is going to be horrible as well. Vonnie lets get to our first guess on this right now. With states lifting restrictions and President Trump insisting the economy has to reopen, even at the risk of more infections, we are seeing really deplorable jobless numbers. Look at the chart d
A divorce deal with the European Union that is as reports say that british Prime Minister to rescind may has struck a deal with ireland on the issue of its border with the north now she is in brussels to sell that deal and unlock trade talks with the European Union we will have the latest from our correspondent also coming up reports from yemen say the next president Ali Abdullah Saleh have to has been killed in a bombing by koofi rebels his supporters deny the claim. And Police Involved to arrest eight people in connection with the birder of journalist daphne carr want to believe she was reporting on corruption on the island when she died in a car bombing in october. Plus we will turn to a decision that could sink could be failing middle east Peace Process we are going to jerusalem u. S. President donald trump ways of whether a move. To day of the u. S. Embassy in israel to jerusalem would be a good idea arab nations warned that the spark fresh on trust in the region. And an eleven Ye
Game so special. For all true fans for my. Take on more than football online. Learn german with d w any time any place. Whether with jo jo and her friends and its just up to the ones or with friends all over the world online and interactive. German to go and. Learn german for free with d w. European finance ministers picked portugals mario sent a new as the new president of the euro group the euro crisis may be over but there is no shortage of challenges for the new man at the top. Also coming up venezuelas economy is in tatters will president Nicolas Maduro new cryptocurrency bring a solution. And hows this for the worst christmas job going around having to test top off the top of mulled wine to ensure its up to standard. All that and more business the eurozone finance ministers have chosen port shows portugals mario sent to new next top finance official the president of the socalled euro group so a very influential job in the blocks economic setup in the running were for contenders b
The countrys worsening violence also on the program. Britains divorce from the European Union is on ice despite Prime Minister theresa may be striking a deal with ireland about its border with the north will bring you the latest from brussels. Place in multiple arrest of ten people in connection with the murder of journalist. She was reporting on corruption on the island when she was killed in a car bombing in october. First well bring you a special report about the fate of Migrant Children in turkey youll hear the story of a celeb you know go one of an unknown number of syrian child refugees who have to work to help the family survive. Im from ghana welcome to the program in yemen who you babbles have killed the countries that form the president on. Abdullah saleh just south of the capital sanaa so says within the rebel groups a fight to stop his Armored Vehicle with a rocket before shooting him dead this unverified video posted online. As part of the loot in the rubble in a blanket s