Fox Business Team coverage. Phil flynn is the man of the hour watching all the oil action for us so well get to phil. Lauren simonetti on market. Blake burman from the white house. Well have more reporting from washington. Phil, like i said you you are te man of the hour. You never saw a day like this. Take us through it. Never in my life. A lot of people watching this market never thought they would see a day like this. You have a perfect situation where the contract coming for delivery with no demand there is somebody out there right now that wants to sell oil and there is nobody there to buy it. In fact this is the first time weve ever seen this kind of situation, connell, and it could be a shortterm situation because you look at some of the back months and the price of oil, there are still relatively strong compared to the front month but this is a disaster. It is a disaster because opec didnt act fast enough to cut production. It is a disaster because u. S. Producers didnt pull ba
Pandemic kering gets paired down with gus gucci sales down volatile trading again in oil as brent bares the brunt of the selloff. Nearing 21year lows producers battling the glut and depressed demand the u. S. Senate passes a new 500 billion relief fund package. This will go to hospitals. Loans for Small Businesses and some assistance in the funding for testing. You cannot tell people to go out in the streets without adequate testing or the fear is that corona will come back doubly as hard as it came the first time a very warm welcome to street signs. European markets starting the morning off on a high note currently trading about 1 higher following a steep selloff with the main benchmark breaking the win streak this morning, european corporate earnings taking focus. We had a number of Earnings Report a raft of Different Industries movement around dividends and a lot of pressure on earnings. Companies sounding a more optimistic tone in the second half of this year and beyond 2021 Energy
Kids Artificial Intelligence is a bit like a human who is inside Something Else and that. This is its not as smart as you but it could be as smart as you in the future. I believe that will become robots at some point to. Artificial intelligence is change or no knives. But look really. What will change and what will remain inside fiction. To. Answer these questions we embarked on a journey to meet the scientists working on our future. And southern germany home to the headquarters of kuka the worlds leading manufacturer of industrial robots. An official of is head of research here and is considered to be one of the worlds leading experts in this field. He and his team are working on a new generation of robots that learn independently my children the task to recognize and sort building blocks. As to what is this robotic system taught itself how to grab life in other words there was no human programming the robot with us thats what we tried by himself. As ever he tried by himself like a ch
Shot in the arm its economy needs. Indias Prime Minister is grappling with his biggest domestic challenge since coming to power in 2014 Narendra Modi has been chairing a council of ministers to discuss the growing protests over the controversial citizenship law the police fired tear gas and water cannon at demonstrators in new delhi and other cities overnight at least 19 people have been killed and more than 4000 to taint countrywide since the unrest began last week now much of the violence on friday was in the Northern State of protest where protesters set fires and hurled rocks many have accused the police of using Excessive Force demonstrations have been largely peaceful in states controlled by the opposition where regional leaders see. They wont implement the new law on friday thousands took part in a rally in west bengal the states chief minister is a fierce opponent of mr modi all talk a good Party Government wants one religion to be separated we one led to happen we are united.
From some of the leaders from the leading oil action as well on this controversial law and who fully it is expected that it was going to be some division so there has been some postulations from they some from some of the Leaders Within the governing party. Is why making it very communal but you know its its not sure how things will turn out as the crowds are not stopping despite the ban on all sorts of protests a lot of whats interesting is that whats look start to as a student protests has gone to by really its massive people from all walks of life are joining and what started as a protest against the citizenship law has become more than that its now has become a protest of course that integrity of the constitution people over here are calling for secularism that is in shrine in the constitution people over here are finding different interesting ways to protest and were not looking only at this things protesting looking at people from all walks of life all religions all ages coming o