Calls that. Im going to off as well come its a big day today for one of europes largest ally and tons of shareholders gathered today to vote on a 9000000000 euro taxpayer rescue package the bailout would see the German Government take a significant stake in the airline supporters of the deal were boosted on wednesday when loved ones us largest single shareholder havent tina revealed he would support the deal that could bring loved ones of back from the brink of bankruptcy its full of tons of the coronavirus pandemic has been a nightmare barely anyones flying belly anyones wanted to fly and the outlooks not much better left hands is main source of profit is its Business Class but with Video Conferencing getting ever more popular even thats facing an uncertain future so natanz it has agreed a potential government aid package. In exchange for 9000000000 euros in help the german state is expecting a 20 percent stake in the National Carrier and it wants an option for a blocking minority of
Monetary policy is not on a preset course. Were watching this closely and stand ready to adjust our policy if it appears that inflation undershoot will be resistant and President Trump arrives in france for a bastille day visit as controversy ramps up back home. Good morning we have another very busy show for you. Lets get straight to the ia report Oil Investors are going through a period of waning confidence according to the latest report the organization suggests that growing impatience over the rebalancing of the oil market is to blame for money manager slashing long positions in crude futures. And they said global gland growth rebound ed and want to wait longer if the rebalancing process has the gun. Neal, always a pleasure speaking with you about this report so when does the rebalancing finally happen well, its on the way as we say in the report, at the moment were slightly at the mercy of statistics. Waiting for the statistics to catch up with what we think is going on out there
Giant has lost another lawsuit related to the weed killer roundup made by recently acquired monsanto now this will cost by a 2000000000. 00 and there are many more lawsuits in the pipeline. And alberta pilly odds say roundup caused their cancer so they sued even though a lot of people believed they wouldnt stand a chance against buyer in court. Weve been finding cancer for. 9 years now holly than me and it was caused by a round of. Its changed our lives forever. We cant do the things that we used to be able to do and we really resent monsanto for that. Their lawyer told the jury and turned all documents prove to monsanto wasnt interested in determining how dangerous its product is now by a has been hit with 2000000000. 00 in compensation an astronomical sum even by
american litigation standards and things could well get much worse for the chemicals giant. This is not the end of this litigation this is the beginning there are tens of thousands of people out there probably 203040000 peop
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