Page 2 - Lower Borrowing News Today

00 im Adrian Finnegan this is counting the cost on aljazeera a weekly look at the world of business and economics this week recession why an emergency fed rate cuts just isnt good enough to save the Global Economy from the impact of the fast spreading coronavirus as the World Bank Offers billions to developing nations to support Health Care Systems with inside a lab thats working to find a vaccine to fight the virus and Oil Companies in the republic of congo have discovered vast oil reserves but...

Were live from sonic automotive, one the nations biggest auto retailers. Well look through political lens of local business as we look through the hour. Any minute we have new comments to play back for you from President Trump. He haas been speaking to reporters outside the white house, joined by the hhs second alex azar. Also Anthony Fauci after they tour ad medical facility toured a facility from maryland as the coronavirus outbreak spreads throughout the country. We have the first confirmed c...

Discovered vast oil reserves but drilling could be environmentally damaging. The worlds factory has been shuttered supply chains have been broken flights of been grounded tourism decimated thats the real world consequence of the coronavirus and the epidemic has yet to peak outside china growth could this year want the o. E. C. D. To 1. 5 percent from its previous forecast of 2. 9 percent growth below 2 and a half percent indicates a global recession as markets crashed Central Banks stepped forwa...

Others its the only way to get a job despite the risks. Was an Army Bomb Disposal engineer in Helmand Province he knew the risks he was blinded in both eyes and lost a leg when a roadside device exploded as you try to defuse it i was aware of the danger of seeing friends wounded while working on mines i wasnt scared to lose an arm or a leg is a 2nd phase we have to make to serve this country. Im Adrian Finnegan this is counting the cost on aljazeera a weekly look at the world of business and eco...

Lighten up in a bid to get people back to work. The concern here and why these indices are in the red is what if that brings about a surge in the case count. Lets look at what is happening in the broader asian markets outside of china. You can see the asiapacific index excluding japan. Japan is on hold today. Also in the red. S p, futures looking ahead. Under pressure on worries about what suppliers will be doing to supply chains. A lot of them are in south korea and that is now the focal point ...

Back of that data. Refinery utilization was positive by 1. 4 . The market was looking for that to go into the negative by 0. 5 . Crude Oil Inventories rising by 415,000 barrels only last week. Gasoline inventories was a drawdown of nearly 2 million barrels. Lets check u. S. Markets more broadly. The major indices are really unchanged, but we have a few major movers, including viacom cbs, which disappointed in its First Quarter as a combined company. Investors are really punishing that stock. Guy...

Welcome to daybreak europe. A rally in chinese equities, the best start to the year since 2016. You are seeing some green on the screen for the Msci Asia Pacific index. Excluding japan, seeing some gains of more than 1 in todays session. In yuan not moving a lot reaction to that cut by the pboc. Pretty much in line with expectations. Some of it might be to do with easing liquidity concerns around the spring festival. Markets closed in terms of the cash market. Futures not giving us a lot of dire...

I imagine it will take a lot to break 1. 30. Snp is up. Let us take a look at your. The stock flat over all. Dax is down. Carmakers butto we are seeing a little improvement. The german tenyear yield is tocting and bringing it up zero. Lets get to the latest on brexit with Boris Johnson speaking and parliament. He announced his agenda for the u. K. After it separates from the european union. One message i heard from this campaign in every corner of these islands. It is not just that the british p...

Driven by a weaker dollar. Whereturn to istanbul, bloombergs Turkey Bureau chief is standing by, and chris reiter is in berlin. President erdogan has sounded out again, ahead of the central bank decision. What can we expect today . There is a universal expectation that there will be a cut in Interest Rates later Turkish Central Bank Monetary Policy convene committee convenes. What we dont know is how much. If the decision is in line with estimates, which predict around thet of 150 basis points, ...

Any hints of restoring price stability, with yet another rate cut imminent. Manus a warm welcome to bloomberg daybreak europe. The fed near the line that defines this message, in order to move rate ups move rates up, i want to see inflation that is persistent and significant. That is the message from the bed from the fed. Those who saw was hikes rather than cuts, its interesting that with this decision we have total unanimity on the hold in rates. Commentary saying that the times when the fed ha...