Why did separatists in southern yemen seize a Remote Island in the arabian sea fighters but why the United Arab Emirates are accused of carrying out a coup. So what makes the audience so valuable to yemen or insights this is its a story. Hello and welcome to the program ive been wrong the latest flashpoint in yemens 5 year civil war is a Remote Island in the arabian sea so quarter is sometimes compared to the famous Galapagos Islands in the pacific. The plants and animals on the World Heritage site are found nowhere else on earth now theyre in a war zone the sudden Transitional Council have deposed the islands governor and declared itself are all the southern yemen fighters are backed by the United Arab Emirates yemens internationally recognized government supported by saudi arabia calls the takeover a coup. Explains how the latest events further complicate efforts to end the war. Celebrating the new military gains forces loyal to the self supplies southern Transitional Council to see
You can visualize it you can better understand it so weve told you about all the different incidents that have been taking place here in the persian gulf over the last several weeks how volatile this this region right here has become of late its almost like think of it this way its like this area here its like a line of demarcation between 2 countries that hate each others guts they despise each other right so heres saudi arabia on this side of the firs in golf right saudi arabia which needs United States protection here in the gulf which it offers which also needs United States protection here in yemen where its fighting a war right now let me show you the adversaries the other side right here is a wrong as you can see right there which supports the actions in yemen that are at war with saudi arabia and also what can we say about iran well they want dominion of this area of the. Version golf and are trying to establish it with its navy so both iran and saudi arabia right you have iran
Of that will be technical selling. The bond market is a little bit unusual not so much happening in yields here, but in europe you are seeing pretty strong support. The time now for the market moving news from our new york team. We want to begin with china and that historic economic slump. Ae first contraction in backdated. We have our correspondent with all of the details. Mike it was actually worse than you expected, 6. 8 decline, the worst since they started reporting quarterly in china back in 1992. The economy has not contracted the fullyear basis since 1970s. We will watch that. One reason the numbers were not worse, if you look at the second number, smaller than expected, Industrial Production of on. 1 , factories returning to work. The problem for them is with the rest of the world unlock and there is nobody to buy their stuff. Consumers are not buying. Lockdowns were lifted but people are still reluctant to go out and spend. Retail sales down 15. 8 this is important because th
The aftermarket session. We do stand at 14. 12 a barrel. That, though, does certainly not erase the rout oil has seen since the coronavirus stopped Global Commerce in its tracks. But Charles Payne would tell you, where theres a losing investment there is always a winning investment. The supertankers that carry the black gold are seeing smooth sailing as Oil Producers look to the high seas to store the massive crude glut. The ceo of publicly traded International Seaways has 13 huge supertankers. Wait until you hear how much that company is now charging to store oil on the open ocean. Its a fox business exclusive. An interesting investment, you have to hear about. Interesting and timely. Restaurants are also searching for new ways to move the food, as their dining rooms remain closed. We will talk exclusively with the ceo of superhot design your own salad chain jump salad on how hes making a dramatic shift to a new market for you. And this might put a smile on your face. The company that
Well as the middle east, as well as a few speeches that he made, one in 1959 and another in 1965 before he was killed that really talked about his viewpoints on africa, and then also a very critical interview that he gave when he attended the organization of African Unity conference in late july of 1964, in which he sort of discussed his strategy and the reason why he came to that conference and was appealing to these african heads of state. So hopefully everyone has read and listen to these speeches so we can really get a sense of malcolm xs viewpoints on africa. But really, in order for us to really understand why malcolm expressed some of the things he did in these letters because in many ways we see he is arguing against particular ideas within the black community that were right spread widespread. It is critical for us to have a very good Vantage Point of how africanamericans, specifically black americans, were thinking about africa in the late 1950s, early 1960s. Before we talk a