Quickly. And staying strong. The worlds top iron ore prices are among the highest out of china. Shery lets get you started with another check of how markets are trading at the moment. Futures underu. S. Pressure as stocks fell to the lowest level in two weeks. We are seeing it down 0. 7 . Than 2 ,00 lost more same for the dow and the nasdaq. The dow losing more than 700 points. We had the sharp increase in virus cases, adding to economic anxiety. So risk off positioning was very strong last week. We did get positive data over the weekend, signs that the chinese economy is continuing to recover and profits rebounding in may for the First Time Since november. Take a look at what oil is doing because it continues to fall. Actually, we saw a second week of declines, the second weekly decline since april. We continue to have these lower prices after a cautious rebound, now headed towards 37 a barrel for wti. We also had chesapeake filing for bankruptcy in the u. S. , one of the biggest vict
Fulfil the potential of the the partnership. If this was to prove insufficient to Reach Agreement it would be a failure in the eyes of history and a damaging blow to the future of our continent. I believe the difference between where we would be if we fail, and if we achieve a new partnership that its so achieve a new partnership that its so great it is beholden us to demonstrate the flexibility and leadership needed. Yes, the negotiations will be difficult. But if we approach them in the right way, respectful of the challenges for both sides, and pragmatic about resolving them, we can find a way forward that makes a success of this forward that makes a success of this for all our peoples. I recognise that this not something that you, oui that this not something that you, our European Partners, wanted to do. It isa our European Partners, wanted to do. It is a distraction from what you wa nt to it is a distraction from what you want to get on with. But we have to get this right. And we
People who are sacked are very displeased and a significant number of people who think they should have been promoted and were not, they are also displeased. Reshuffle is not the panacea that it is easily thought to be. Keeping close, not foreign secretary, if i am to interpret your words correctly . think it would be. Look, if you put borisjohnson think it would be. Look, if you put Boris Johnson on think it would be. Look, if you put borisjohnson on the back benches, he would be all of the country, the media, take to the hustings, he would pursue his own brexit view of policy which would be extremely divisive because he is broadly now arguing for a hard brexit. The only way that you can avoid leaving him as foreign secretary with all of the problems that has created which is to give him ajob that has created which is to give him a job which is essentially domestic. You give anyjob to boris and he will still be boris. Briefly, those backing theresa may at the moment, do you think that
Between the eu and uk are over. Borisjohnson says the uk must prepare for a no deal trade relationship at the end of the year. I concluded that we should get ready for january 1st with arrangements that are more like australias, based on simple principles of globalfree trade. Wales is facing a limited Circuit Breaker lockdown which is expected to be announced in the next few days. Good afternoon and welcome to viewers on bbc one. In the next few minutes well bring you the latest Coronavirus Briefing from the government, led by the Prime Minister, but first, lancashire has become the latest area in england to move into tier 3 of local restrictions, after local leaders agreed a deal with the government. The very high alert level means that those living in lancashire join the Liverpool City Region in not being able to mix with other households indoors or outdoors in hospitality venues or private gardens. Pubs which arent serving food will also close. It comes as the mayor of Greater Manch
The impact of the pandemic. The number of dead in spain passes 4,000 as the countrys lockdown is extended for at least another two weeks. In america theres a Record Number of unemployed, as more than three Million People claim benefits. Nearly 70,000 people in the us, have now been infected. Good afternoon and we are waiting for the chancellor to unveil a package of emergency measures. The chancellor, rishi sunak, is preparing to unveil a package of emergency measures for self employed people, many of whose income has dried up because of the economic shutdown caused by coronavirus. The press conference is due within the hour, so stay with us for that. There are more than 5 million self employed people in the uk, though there are suggestions that not all of them will be eligible for the help. Last week, the chancellor promised to cover up to 80 of the wages of employees to stop them being laid off. This afternoon, leaders of the 620 industrialised nations have agreed to inject 5 trillio