Economy struggled to shake off its pandemic woes in the 1st quarter of the year contracting 6 tenths of a percentage point from the last 3 months of 2020. The biggest drop of the 3. 3 percent contraction france and belgium were among a handful of countries eking out like growth the German Economy shrank by 1. 7 percent private consumption felt noticeably during the quarter while the Manufacturing Sector there remain relatively strong the 1st 3 months of the year coincided with new coronavirus fire its arriving on the continent leading to various lockdown measures. Are lets bring in carbos in frankfurt conrad put this figure into perspective for us. Well 1. 7 percent decline in the 1st quarter thats a bit more than what you know a majority of economists at the Stock Exchange on the Financial Markets had really predicted but other numbers really what counts can we really make the numbers the leading guide line at the moment when you can when you do make decisions for investments on the m
Hospitals and morgues overflowing and States Running out of that scene there is no sign of indias Coronavirus Crisis alleviating now companies joined the effort to deal with life threatening supply shortages also coming to the e. U. Commission is accusing apple of unfairly squeezing out music streaming rivals in one of the biggest ever competition cases to hit the tech jobs and we take you to south africa where a commercial and residential hub called jewel city is to revitalize stratosphere. Im chris colfer welcome to the Program Experts describe the situation in some Indian Hospitals apokolips country saw another 385000 coronavirus. Cases in the past 24 hours a new global record and almost 3 and a half 1000 deaths the explosion and infections has pushed Indias Health care system to the brink medical in particular has been in short supply for a week now medications are running out other nations have offered their support as i have some company. That. Will. Be free to so many here night
A crushing stampede at the foot of mount meron in israel also coming out. India sets and other Global Records for daily coded 19 infection numbers as the scramble for oxygen continues medical aid is arriving from abroad but cant come fast enough for those suffering in the streets. On small coronavirus tests and vaccines for the areas that need the most germany looks just focused pandemic under private populations to help stem the latest wave of infection. Welcome to the program israels Prime Minister has announced an inquiry into a deadly stampede as a religious celebration at least 45 people were killed and men. More injured when chaos broke out at the overcrowded events as happened at mount meron in israels north. Altro Orthodox Jews the holding of the countrys 1st major religious festival since the end of coronavirus restrictions cost of the inquiry will look at where the policing failures contributed to the tragedy. And nation in mourning. And a Community Left reeling from tragedy.
There say couple of people in some room in pennsylvania, i dont know who they are, i dont know if theyre working yet, maybe not up yet, maybe working 9 00 to 5 00, i dont know who are going to determine what matters the most, i can put a price multiple on bristolmyers better than anybody in the world unless you tell me there is a big sweep or something that is going to happen. You know when you deal with a lot of the companies were looking at, the price sharing multiple will be decided by the notch up or down by the president ial election. I think you dont think over the last two yesterdays trading session, potentially what were going to see today, the market is already making a decision in terms of who it thinks the president is going to be and what the composition of senate is going to be. Yes, it is. Youre talking about workers in rooms as though theyre make the decision, the decisions have been made, theyre simply doing an envelope, taking a ballot out and putting it in a pile so i
Ceos. We have industrials in housing covered. The initial jobs claims yesterday as well as a second potential wave of the virus in the u. S. , lets get to the unemployment claims continuing their decline. Jay powell said yesterday there may be millions of people who do not get back to their jobs and it may be a while before they find jobs again. Joining us is Michael Mckee. If we had gotten this jobless claims number a few days ago the market would have said, it is not as bad as we thought, and today the narrative is different. Michael i would not try to put what the market will say into my words because we will wait and find out, but if you want to trade on disappointing news it will be the jobless claims. They declined for six straight weeks but they are still at 1. 5 million. Watching, iyone is non numbers because we are not comparing it to last year, we are comparing it to last week and the continuing claims have plateaued but are still high, suggesting that what jay powell said wi