New york crude down one. 4 percent. Wti under pressure as opec is supply. To extend its possibly relax some as well. That has spooked some investors. A bitcoin making a recovery after a 10 fall. Fortocurrency being routed thanksgiving. Bitcoin is down 7 overnight. Undercryptocurrencies pressure. Some down in excess of 20 . A look at some of the other asset classes. The firstlets get word news. President trump says he will give up power if the electoral votes for joe biden next month. Speaking at the white house, he said he would certainly go although conceding defeat would be a hard thing to do. The president maintained his claims of a regular at hes of irregularities in the election. Rigged the election was but has failed to offer evidence. China is likely to miss targets of this year. Imports of u. S. Products load after hitting a high in september, leaving the four year goal out of reach. As of the end of october, china had bought 70 5 billion of prescribed goods. 44 of the 2020 tar
Program germany has posted the most corona virus infections in a day and with infections sharply rising in other countries as well Financial Markets are getting the jitters again amid fears of tighter restrictions european shares sank to near 2 week low on thursday driving the sell off across europe and asia are coronavirus concerns germany reported daily infection rate. On thursday hong kongs hang seng index tumbled over 2 percent shanghai and tokyo shares also fell. Lets cross over to our markets correspondent Chelsea Delaney in frankfurt chelsea a record 6638 new infections in germany leaders are saying the 2nd wave will be big yet theres seems to be little optimism that can be stopped. This is all becoming very real for investors and for politicians and for citizens across europe weve seen over the past few weeks a lot of. A lot of optimism among investors we havent really seen big impacts on the stock market despite these rising number of cases but today it is really starting to s
Relations with israel. And flash floods in parts of afghanistan and pakistan kill more than 200. 00 people dozens more are missing. Others there as Investigative Unit has obtained this cyprus papers of confidential documents listing 2 and a half 1000 people who bought citizenship in cyprus some are criminals and some are seeking a safe haven away from their own governments names include 500 from china and 350 from the middle east who paid for the right to live and work and europe the cypriot government has just held a press conference this past hour and has refuted the findings of the investigation calling it propaganda every day these reports a meeting of president s to discuss greater links between cyprus and china. But away from the public glare hundreds of chinese have quietly paid for a personal connection aboard cypriot citizenship a few likely criminals he sanctioned by the us for laundering stolen cryptocurrency others like tanya are politically connected hes boss of a state ow
And corruption. The u. S. Imposes sanctions on hong kong a to carry land and 10 other officials. In the rajapaksa brothers strengthen their grip on sri lanka and a big electoral win. And we start this process and with breaking news an Air India Express flight with 191 people on board has skidded off the runway while landing in code in care less days a media reporting the pilot has died more than 100 passengers that injured well lets now speak on the phone trying new delhi correspondent elizabeth purana liz i know this all happened less than 2 hours ago details still emerging what do we know at this stage. Hine stuff here sir this is a subsidiary of the National Carrier air india its an Air India Express flight from divide to code the code as you said it skidded off the wrong way during landing and cut a good airport in the city a critical day paralyzed just before 8 pm local time there were 191 people on board including 6 crew members and government officials in parallel have told loca
But the painful reality does remain for millions of americans out of a job because of the pandemic. That was never something that i thought would happen to me in my life. The u. S. Is accused of political manipulation after donald trump signs an order banning business with the chinese and apps to talk and we chat. Top story the president of lebanon says an investigation into the beirut port explosion will look at whether it was caused by negligence an accident or possible external interference 19 port officials have been detained as frustration grows over the governments response to the blast Bernard Smith starts our coverage from beirut. Armies of volunteers are on the streets of beirut. Sweeping clearing digging. Theyre filling the gap left. By the state. Which is conspicuous by its absence. We had an i. T. Company here times were tough before tuesdays explosion now she says she cant see any future here. I am in. Los angeles. I see im 30. And both come. From 25 years. I work here out