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On futures markets both it more than double digit. In the red so what youre seeing the market reacting to today is basically saying this is not just an issue in may which we saw of course with the monday. Historic drops in. American oil but then youre also now seeing potentially june and july and thats what has so many people worried and that also indicates that this is going to go on for one perhaps even 2 months. The u. S. Economy completely shut down for the most part and getting their economies started again is clearly going to take a long time its not going to happen overnight its not going to happen in one week things such as shipping trucking the Airline Industry all of this for the most part shut down its going to take a while to get it going back again but clearly with the oil with the. Western. Xs intermediate as its called here that benchmark is looking like its bad now next month and even perhaps a month after what i ....
And the pandemic could double the number of people going hungry around the world. And finding ways to stay in business how small shopkeepers in iraq is survival in the coronavirus restrictions. Now with the pandemic throwing world all markets into turmoil donald trump says his government will bail out the u. S. Industry the president told his energy and treasury secretaries to formulate a plan to make Funds Available to ensure the survival of american oil and Gas Companies well that follows an unprecedented collapse in u. S. Prices because of a plot in supply the u. S. Futures market dive deep into negative territory for the 1st time ever on monday the lowest the price of the benchmark u. S. W. T. R. Blend sank to minus 37. 00 a barrel the International Benchmark brant crude is trading at around 20. 00 a barrel ....
And jobs from the Virus Outbreak donald trump also pledges to bail out the u. S. Oil industry after prices they put into negative territory for the 1st time in history and serious questions are being asked about the true number of coronavirus related deaths in england and wales. The current a virus pandemic could lead to famines in dozens of countries pushing tens of millions more people around the world to the brink of starvation a un report has highlighted the vast number of people around the world who are now acutely food in secure the World Food Program has requested 350000000. 00 to set up a network to keep humanitarian supply chains moving around the world. No samples yet but i must warn you that if we dont prepare and act now to secure access avoid fundies shortfalls disruptions to treat we could be facing multiple famines of biblical proportions within a short few ....
Watching the weekly here on International Im wears on a low thank you for joining us. Now the president of iran has a Foreign Forces to stay away from the persian gulf saying they only bring misery and disaster thats after the u. S. Announced extra troop deployments to the region accusing iran of bombing saudi refineries a week ago a claim that iran flatly denies the president has approved the deployment of u. S. Forces which will be defensive in nature and primarily focused on air and Missile Defense we will also work to accelerate the delivery of military equipment to the kingdom of saudi arabia and the u. A. E. To enhance their ability to defend themselves it is clear that even the saudis themselves dont believe the fiction of the rain involvement. Well the route flared up on the 19th of september when drones set f ....