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July 16, 2024
Angela merkels coalition hammers out a 130 billion euro booster shot for the economy including Infrastructure Investment and rebates for electric cars. Only one option for the ecb today. The central bank is seen boosting its emergency Bond Buying Program by 500 billion euros. Some investors say anything less would cause a shock similar to marches selloff in peripheral debt. Falling in line. Hsbc and Standard Chartered both back to beijing when it comes to the proposed security law in hong kong. ...
July 16, 2024
This is a moment for pretty much the opposite where retreat from the world could actually save every generation has its moment this morning is ours. Hi im femi oke a welcome to the stream today we look at lebanon with a very straightforward question can lebanon recover from its recent economic recession not the straightforward answer that because things to contend with a coronavirus lock down fuel inflation people going hungry people having a limited amount of money to spend on basic groceries a...
July 16, 2024
They may have a new lead. Im brian thomas good to have you with us today germany has unveiled the biggest stimulus package in its history in an effort to lift the country out of a coronavirus induced recession the 130000000000 euro plan will slash taxes and money to families and incentivize businesses to keep training workers some quarter of a 1000000 people lost their jobs in may alone bringing the total number of unemployed to about 3000000. After 2 days of intense talks their marriage with 50...
July 16, 2024
U. S. And scuffles broke out in hong kongs legislature as lawmakers vote on a Controversial National anthem bill the latest measure imposed by chinas hard line president xi jinping. Plus the disappearance of a british toddler Madeleine Mccann from a resort portugal has been uncivil unsolved for 13 years now police in germany think they may have a new lead. Im sumi so much got to thank you for joining us it is the biggest stimulus package in germanys postwar history the measures agreed on by the ...
July 16, 2024
Big tech is seen as a haven and growth play because they continue see demand for their products and services and have sheet to write out this disruption. Havens are in favor. You can see 68 basis points. The dollar edges higher for the fourth day in five. Indexes are coming off their lows. There is still a lot of trading day to go, but by the dip but buy the dip seems to be in effect. David another narrative we have been seeing is a divergence between mason street and wall street between main st...
July 16, 2024
They make out a new lead. Time soon so misconduct that you could join us it is the biggest stimulus package in germanys postwar history the measures agreed on by the government after marathon talks are aimed at helping the countrys economy economy recover from the coronavirus lock down the 130000000000. 00 euro plan includes cutting the sales tax giving cash to families and providing extra funding for municipalities. After 2 days of intense talks their marriage where 50000000000. 00 euros more t...
July 16, 2024
Lets dive right in. And we leave the program taking a look at how Global Markets fared this week as the possibility of a 2nd wave of the corona Virus Outbreak in the u. S. Has affected Investor Sentiment there are a lot of red arrows out there so lets take you through the week starting in russia the mo x. Is in the red on its short week down 1. 75 percent the ruble fell from 14 week highs against the dollar on thursday retreating still losing more than 2 percent on the day as Oil Prices Also fel...
July 16, 2024
Twitter shut down 32,000 accounts tied to china, russia and turkey for manipulating the platform. This after joe biden called out facebook for failing to curb misinformation and not taking a stand on political speech, oed i many who watch the by many who watch the social network. The company spends a lot of time outlining Community Standards they are supposed to enforce against all users, and when one particular user comes along who happens to send his posts from 1600 pennsylvania avenue, theres...
July 16, 2024
Give the next generations a future. Im sumi so much got to thank you for joining us thousands of hong kong are sad little candles across the city to mark the anniversary of chinas crackdown on Tiananmen Square chinese troops are thought to have killed thousands of prodemocracy protesters 31 years ago an official death toll was never released now the commemoration is in defiance of a ban on gatherings in hong kong Authorities Say they refused to approve the events because of the corona virus but ...
July 16, 2024
Focus with back in more job cuts in the wake of a record loss. Lets get you started with breaking news out of south korea. The Unemployment Rate for the month of may, coming in at 4. 5 , much higher than economists had expected. 392,000 jobs were lost in may from a year earlier. 4. 5 would be the highest level since 2001. This would be the adjusted jobless rate. We have seen losses of jobs when it comes to the hospitality, retail, and manufacturing sectors. Pressured because of weakness in globa...