Arrested over the killing of a man who was shot to death while outrunning in georgia. Thanks for joining us. We begin in the u. S. , where new figures released on friday Shows Unemployment has surged in april. The largest rise in christ [please stand by close to in close to 90 years. The coronavirus lockdown crippled the economy. To 14 . Ment skyrocketed it was 4. 4 in march. In april, 20. 5 million jobs were lost, the worst result since the Great Depression, which began in 1929. It far exceeds the global recession when 8. 7 million jobs were wiped out. Our White House Correspondent says the numbers were expected, but not welcome. Correspondent the u. S. President reacted to them in the last halfhour, speaking to reporters talking about these numbers, and once again trying to project optimism, calling the shutdown that resulted in the loss of these jobs as essentially being artificial. In other words, this is not a bad economy, is what he is saying. The only reason the jobs have been l
Answers and a white father and son are arrested over the killing of arboretum who was shot to death while out running in georgia. Thanks for joining us we begin in the u. S. Where new figures released on friday show unemployment has surged in april the largest rise in close to 90 years tens of millions of jobs have been wiped out across the country as the coronavirus lockdown crippled the economy unemployment skyrocketed to 14. 7 percent it was 4. 4 percent in march and april 20 and a half 1000000 jobs were lost the worst result since the Great Depression which began in 1929 its far exceeds the 2008 global recession when 8700000 jobs were wiped out our White House Correspondent kelly how kits has the numbers were expected but not welcome. The u. S. President reacting to them in just the last half hour speaking to reporters talking about these numbers and once again time trying to project optimism calling the shutdown that resulted in the loss of these jobs as a sensually being artifici
Tom i would really suggest oil is important, but complete we secondary to the implosion that we saw yesterday and american jobs data. And the french data not much better. Right now, for global wall street, it is about calibrating the slow down and the nonrecovery out in the third quarter. And also, its the follow on from the rents that werent paid. There were massive upsets this morning. Francine i dont disagree. But oil can make things worse. Lets get straight to uber first word news in new york city with viviana hurtado. Viviana we do begin with oil. Opec putting together a Virtual Meeting of its members as President Donald Trump calls for a court need cut to end the historic crash in crude prices. Two delegates telling bloomberg the meeting will be held on monday. Saudi arabia insists it will only cut if others do. This includes the u. S. Of thetoric streak economy adding jobs for one under 13 months is probably ending as tom was mentioning. The march jobs report coming out at 8 30
That is a crisis for democracy is a crisis of concentration the bottom line. Hello im daryn george this is counting the cost of aljazeera your weekly look at the world of business economics this week. A battle for the heart of opec who will capitulate 1st putin all m. B. A. s as a price war decimates the market. Will the most liberal democratic nations by beijings Ai Facial Recognition Technology to control their citizens. And the lebanese lived a dream that was a delusion while lebanon was drowning in debt words of the Prime Minister of his country defaulted on its debt for the very 1st time. Well at a time when the world is dealing with the fast spreading coronavirus that has decimated supply chains induce panic buying and grounded flights the last thing it needed was 2 nations declaring economic war well saudi arabia and russia have been working together to prop up oil prices for the last 3 years but fell out of a riyadhs insistence that they agreed to cut oil supplies by 1500000 ba
This is counting the. Weekly look at the world of business economics this week. A battle for the heart of opec who will capitulate 1st putin all m. B. A. s as a price war decimates the market. Will the most liberal democratic nations by beijings Ai Facial Recognition Technology to control their citizens. And the lebanese lived a dream that was a delusion while lebanon was drowning in debt words of the Prime Minister as his country defaulted on its debt for the very 1st time. Well at a time when the world is dealing with the fast spreading coronavirus that has decimated supply chains induce panic buying and grounded flights the last thing it needed was 2 nations declaring economic war well saudi arabia and russia have been working together to prop up oil prices for the last 3 years but fell out of a riyadhs insistence that they agreed to cut oil supplies by 1500000 barrels a day the reason was simple china the biggest importer of oil was turning back tankers as the coronavirus forced th