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A looming election join me Steve Clemons in conversation with leading voices on the bottom line your weekly take on u. S. Politics and society on aljazeera. Hello im sam this is counting the cost on aljazeera look at the world of business in economics this week called wall to the United States punish china for tightening its grip on hong kong by great trees pegged to the dollar. Turkeys theater of war does the country on the verge of another currency shark have the money for conflict. And president putin hope to kick start the economy this year but how will it pay for his big plans amid low oil prices and the pandemic. Xi Jinping China has put aside the niceties of economic power for a more aggressive posture to neighbors and liberal democracies President Trumps ameri ....
About a group called the defense for most always on good luck doll we are the ones grabbing the extra mile where all the media go go we go there and we give them a chance to tell their story. Hello im sorry this is counting the cost on aljazeera your look at the world of business and economics this week cold war 2 could the United States punish china for tightening its grip on hong kong by breaking with territories paired to the dollar. Turkeys theater of war does the country on the verge of another currency shark have the money for conflict. And president putin hope to kick start the economy this year but how will he pay for his big plans amid low oil prices and the pandemic. Xi Jinping China has put aside the niceties of economic power for a more aggressive posture to neighbors and liberal democracies President Trumps a ....
Future and later, President Trump says the time for negative Interest Rates is now. So were breaking out our crystal ball to see what the market will look like in a world of negative rates and we start with the market selloff the stocks tumbling after the path forward is highly uncertain and subject to many downside risks. The prolonged recession and weak recovery can discourage business advancement and expansion further limiting the growth of jobs and the pace of technological advancement. The result could be an extended period of low productivity growth and stagnant incomes. And then theres this, Stanley Drunkenmiller telling the Economic Club of new york that the risk reward for equities may be as bad as hes ever seen and scott telling scott wapner that th ....
Google ad demand although previrus quarterly was of. That march was difficult. Started. Ts get you we are seeing u. S. Futures coming online, flat, a bit of Downside Pressure. We have u. S. Stocks in the regular session wally. The Downside Pressure on big tech, really leading the declines. The nasdaq composite reversing two sessions of gains. U. S. Consumer confidence dropped in april to the lowest since 2014. There is a big week of earnings not to mention centralbank decisions ahead of the fomc meeting. We have the dollar falling because it has been weighed down. Rising wti rebounding, in the overnight session, above the 13 a barrel level. It felt in the new york session fell in the new york session. There were some swings in the u. S. Oil fund, saying it will sell out june positions. Haidi our next guest says the next turning seasons will not offer much to investors b ....
Hardpressed drillers . We will ask. Now we are quoting the next contract for june delivery. The price coming in at, where was it moments ago, what was it, 15, 16 a barrel. The president will fill the Strategic Petroleum reserve with up to 75 billion barrels. That helps storage capacity. But it makes no impression on collapsing demand which is at the heart of the oil price problem. A lot of people expect that that price, the one we see right now, what was it, 16, 15 a barrel, expect it to down from here. Well see. Stocks, theyre down in part because of the Oil Situation. Its another indicator of how badly the virus is affecting the economy. Investors not happy about the demise of Americas Energy industry. The dow will be down 500, s p, lets see, 54 points down and the nasdaq down about 82. A small loss in percentage ....