Page 4 - Monetary Union News Today

North korea, but that is where the mystery starts, doesnt it . Francine it is a mystery. You have conflicting reports. Doctors are saying he is back to work and some in the u. S. Say he is in Critical Condition. There is no clear succession plans and authorities around the world including the u. S. Are trying to figure out who is next in line or do you have some military coup detat taking over . All eyes are what is going on in the oil market, june wti oil to 11. 17 ang 49 barrel. Crude,e plunge...

Good evening, everyone. This is bloomberg surveillance. I am Francine Lacqua working from home. The focus on the World Health Organization, also on the easing of lockdown and oil. After that historic agreement on sunday between opecplus, now also involving europe, we have report. They say the oil storage filling up demand is dropping. That exceeds opec cuts. They are expecting oil demand to fall by a record 9. 3 billion Barrels Per Day year on year in 2020. Brent extending declines. The concern ...

Sheltering in place. Addressing the impacts of cove in 19. Its also part of the future of democracy series with Additional Support from the initiative. And a collaborative local center and donor. We hope others will support their examples. I am thrilled to be talking about two experts on a lot of things including the effects of covid19 and the effect it is having. Here in u. S. And around the world. He has written for that magazine since the late 1970s. He takes the human approach to some of the...

The overall death toll the coronavirus nears 50,000 globally. [indiscernible] 100,000 military body bags for civilian use. U. S. Officials say china concealed the extent of its outbreak, but futures rise in europe and in the u. S. After the worst drop for the s p 500 in two weeks. And President Trump voices optimism that russia and saudi arabia will end their oil spat soon. Brent and wti each jumped 5 or more. You can see here a 20 jump over the past three days. We are just under an hour away fr...

Drillers to leave oil in the ground. Good morning, this is bloomberg surveillance. I am Francine Lacqua. Lets check in on the markets. We have a lot of news, but we are used to it. Terms of european stocks, u. S. Futures, and everything in between, the big story is oil. We had the iaea report yesterday, production cuts on sunday did not seem to be enough. Stocks rising, u. S. Futures rising. Investors are trying to gauge the damage caused by coronavirus, and awaiting the next corporate earnings....

Coronavirus case fails to improve overnight. The u. K. Prime minister is still conscious but has received oxygen treatment dominic raab is deputized. Equities heading for their first backtoback games in two weeks. Futures pointing higher in the u. S. While oil rises ahead of thursdays opecplus meeting. Coronavirusthe maybe reaching a plateau in europe as cases slow across the continent. Italy could start ending its. Ockdown on a gradual basis just under an hour away from the start of cash tradin...

Coronavirus will depress the nations output of between 2 percent and in the worst case for more than 5 percent this year. Im off its good to have you with us around the world social distancing has become the mantra of the day but in greeces overcrowded migrant camps such as maria on the island of less that is not possible conditions there are already unsanitary and many migrants are stuck there and they also have preexisting Health Conditions aid organizations are now calling for the most vulner...

Was. New yorkers join the chorus of fog Health Workers as the city at the heart of americas corona Virus Outbreak grapples with the crisis but people in other parts of the country appear to be going about their lives undeterred by the threat of the pandemic plus the aid groups are calling for the evacuation of Vulnerable People from greeces overcrowded refugee camps they fear an outbreak and the more the accountants lesbos would be catastrophic and 0000000000 extension 000. Oh oh oh oh a man wit...

Velocity to the dollar and cash, it only have i never seen it, would say biblical times but i was not around for that. Francine i will have plenty more on that. Lets get to bloomberg first word news. Viviana we begin in china for the First Time Since january the nation reporting new cases of the coronavirus in the single digits. A month ago china reported almost 15,000 cases in one day. It is a sign of viral outbreak may be coming under control. Still the disease is spreading in the u. S. And eu...

President donald trump made a rare appearance in the White House Briefing room to downplay the threat of coronavirus the risk to the American People remains very low trump the klein told point to socalled corona virus czar as some lawmakers in the u. S. Have urged instead naming Vice President mike pence as the point person to lead the u. S. Response to the growing outbreak were doing really well and mike is going to be in georgia and mike will report back to me Top Public Health officials are w...