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D on what numbers of women especially a victims of violence. Take part and send us your story we are trying in all ways to understand this new culture. Not a visitor nothing yet you want to become sitting. In for migrants your platform for reliable information. Up. A clash between 2 oil titans and stocks around the world tumbling markets experienced the worst days since the financial crisis in 2008 we lost our correspondent on wall street to assess the damage. Also coming up plus the corona virus infects Global Supply chains we take a look at how one German Company is weathering the storm. Choppy waters ahead how years of on the bratz have pushed mollies Tourism Sector to the brink of collapse well meet some of the people whose livelihoods are at risk. This is the business im kate hudson welcome its been a day of carnage ....
Collapse well meet some of the people whose livelihoods are at risk. This is. Im Kate Ferguson welcome. Its been a day of carnage on the markets with shares posting their biggest losses since the financial crisis in 2008 the massive drops were triggered by saudi arabias decision to increase Oil Production after russia refused to cut its a push in response to weakening to munt because of the coronavirus and heres the damage here in germany the dax closed around 8 per cent down entirely wiping i almost the gains of the past year the footsie 100. 00 in london fared no better it ended just shy of 8 per cent in the red as well and there was chaos that trading going on in new york 2 similar to other exchanges the dow jones closed nearly 8 percent lower as well all of this volatility of course coming as the price of oil so its because 1. 00 day drop since the gulf war in 1991 now ear ....
End Coal Financing being undermined by new credit from china and japan. Lets take a look at the markets now. Looks like very much like the past couple of weeks although potentially more so. Very volatile, s p 500 futures have begun to trade and we automatically have begun to see a decline of 2. 8 . We saw last week a gain in the u. S. The s p but the average move was three points. Olatility is still reigning sustaining stocks losses for a second day. The safe even been coming back coming safe haven bid back strong. The u. S. The yen is strongest since the 2016 election in the u. S. A rough day, 41 a barrel for oil. Now investors are expecting more. Lets take a longer look at wti crude. Not even not only did the meeting in vienna not result in agreement, but saudi arabia has initiated an allout price war saying they will pump 10 Million Barrels a day next month. Some analysts ....
Sees oil prices spiking the most ever. Brent has paired its initial gains, but still up more than 10 this morning. The president says hes locked and loaded. The u. S. Point fingers at iran, donald trump sang a response depends on verification. Tehran denies. They assess a new threat to crude supply. D jumps is money flowing floods into currencies for other nations. Less than a halfhour until the start of the european open, and markets dealing with oil price move, thats reflected in futures. Futures will be weaker at the start of trade. Well be looking for reactions in the oil majors, asia stocks, the extensive hedging the various airlines have in place. All of that could be key after the aviation stocks. Lets have a look on the gmm. Weve seen the biggest ever day jump in the oil price. This is having an impact on various assets. Instead of a flight to safety, its more of a sell everything going on here. Money coming out of the markets in asia. South korea and china were closed friday. ....