Environment. Businesses, the private and Corporate Bank are fighting through the Interest Rate headwinds, but doing well on executing strategies and offsetting that had went. Thee are uncertainties in Macro Economic environment and that is something we factor in as we manage our businesses, our risks, but we remain quite confident in our outlook and the way we are managing through this pandemic. It is supporting clients, the economy as we all navigate an unexpected environment. Risks, howaging the hard would Deutsche Bank be hit if there would be another wave of lockdowns across europe and elsewhere . James weve built in some conservativism into our numbers, weve taken an overlay, adjustment more conservative in provisions and that prepares us for uncertainties that lie ahead. We are not seeing a deterioration in portfolio beyond what we expected in this environment and while we are all subject to the direction of the economy and potential impact of more distancing and Protection Measu
Globalization put to the test as the corona virus spreads many argue there is an absence of Global Leadership in the fight against the pandemic so is that justified and can countries deal with the threats of corona alone this is inside story. Hello and welcome to the program now its being called a war against an invisible enemy and its now being fought on a global scale the world is in a race to stem the increasing number of corona virus cases as many as 60000 new infections are being reported every day and governments and Healthcare Systems are struggling to keep up even among the richest nations the spread is spiraling out of control restrictions on peoples movements and mandatory quarantines are in place across much of the world measures that many experts say have come too late as the number of sick and dying rises governments astronomer willing to get the resources required for the fight and to rescue free falling economies but World Leaders are being accused of putting their own c
Down. Musk wants to commercialize space flight and hopes reusable rockets will reduce costs. Well get you up to speed on the markets in terms of the futures. Of course things will change in a big way but the dow looks higher and its surprising because well explain why in a moment. 48 points higher now. Nasdaq up 48 points and s p 500 up over 5 points. Its official. This mornings big corporate buzz story, the eu is just now announcing the antitrust moves expected against google. These are just crossing the wires at this point. European regulators are likely to accuse the company. They could face massive fines of 6 billion. Something like 10 of its worldwide sales are liable to be fined doing this and theyll be forced to change the Business Model. The eu has been looking at google for about five years now. Whats interest as good the company only gets about 10 weeks to respond. Its a different rule of law over there. Lets tell you about other big stories were watching this morning. New nu
You may be having stressful nightmares. You want to stick around for that. So, the u. S. Has now recorded its highest number of coronavirus deaths in just a single day. And so far, more than 26,000 people in the u. S. Have died. So, the number of confirmed cases currently stands at over 600,000 people. That number is a global record. America has the most cases, by far, in the world. But still, the u. S. President , donald trump, appeared eager to talk about reopening the economy during a briefing on tuesday, but the nations top Infectious Disease expert says the idea of reopening by may 1st is overly optimistic. Now, it was at that briefing that President Trump announced he was withholding to the World Health Organization over its handling of the coronavirus crisis, a decision made, he says, as he defends his own response to the outbreak. Take a listen. Had the w. H. O. Done its job to get medical experts into china to objectively assess the situation on the ground and to call out chin
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