Economies trying to rio, maybe not reopen, maybe not straightaway, but starting with france in phase two and starting phase two on may 11. There is hope we have bottomed out when it comes to the economic crisis. I am seeing euro movement. Here is viviana hurtado. Viviana the white house is backing away from a projection that shows the coronavirus out rate getting much worse in the u. S. And says by june there could be 200,000 new cases and 2500 deaths per day. The white house says that is a cdc document that has not and presented to the president. Neither allies nor opponents are happy with Boris Johnsons coronavirus plans. Lawmakers from his party want him to ease the nationwide lockdowns. Propernions demand protection for employees. Three months to fix it 3 trillion wanted tate of easing Program Quantitative easing program, this from the German Constitutional Court to the ecb. Claim the bank overstepped its bounds. Oil on its longest winning streak and nine months. For the fifth day
The world will americans be required to take part in the count during a National Emergency and will donald trump and immigration rhetoric deter some from participating follow the u. S. Census on aljazeera. Hello im sammys day than this is counting the cost on aljazeera your weekly look at the world of business and economics this week a Mighty Dollar for all the talk of emerging challenges when push comes to shove the dollar proves its the worlds reserve currency we find out why a Financial System riddled with bad debts india tends to revive the countrys 4th largest bank as depositors yank their cash. And saudi arabias Oil Price War with russia could send crude prices to 10. 00 a barrel with an oil producer like indonesia cope. 9 trillion dollars and counting thats what rich nations have spent so far on the coronavirus pandemic theyre trying to make sure theres a functioning economy if they get to grips with the outbreak well the damage done is likely to surpass the financial crisis may
System riddled with bad debts india tends to revive the countrys 4th largest bank as depositors yank their cash. And saudi arabias Oil Price War with russia could send crude prices to 10. 00 a barrel with an oil producer like indonesia cope. 9 trillion dollars and counting thats what rich nations have spent so far on the coronavirus pandemic theyre trying to make sure theres a functioning economy if they get to grips with the outbreak but the damage done is likely to surpass the financial crisis maybe even the Great Depression what is known its the worst economic crisis in the last 70 years well at this time theres a rush to safety the 11 year bull run in u. S. Stock markets is over and theres one safe haven everyone is banking on and its not gold its the dollar for all the talk of the dollar would lose its reserve currency status its proved to be just that talk lets take a look at some examples now emerging markets have borne the brunt of the rush for dollars indonesias superior lost
Latest developments from around the wilds. With updates about travel restrictions and how to protect yourself. Around the virus pandemic special coverage on aljazeera. Hello im samis day than this is counting the cost on aljazeera your weekly look at the world of business and economics this week a Mighty Dollar for all the talk of emerging challenges when push comes to shove the dollar proves its the worlds reserve currency we find out why the Financial System riddled with bad debts india tends to revive the countrys 4th largest bank as deposits yank their cash. And saudi arabias Oil Price War with russia could send crude prices to 10. 00 a barrel with an oil producer like indonesia cope. 9 trillion dollars and counting thats what rich nations have spent so far on the coronavirus pandemic the trying to make sure theres a functioning economy so they get to grips with the outbreak with the damage done is likely to surpass the financial crisis maybe even the Great Depression what is known
Rally, talk about a turnaround. South korea, hong kong, japan investors moving away from haven place. Remember, china had been quite an out performer. The hang seng currently up 3 . We are hearing chinese buyers are buying up those stocks in hong kong. Lets look at where futures are setting up. We see futures pointing to a higher open. It has been a volatile right. Ride. Futures volatile equity futures down about 1 despite jumps in the s p 500 and the dow. Aide, saying that the deal may not be up and running just yet. Flip the page and look at where we are, the kiwi dollar tokening further, starting buy bonds to stimulate the economy, and look at that, down 1. 7 . It is moving just like the stock market. People were saying bitcoin was a haven play. for more context in the markets, david ingles our coanchor joins us. David, could we say this is the end of the route, or a bear market rally . David it is hard to say if this is the bottom. Once markets stop reacting, that is when you know