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Learner new year holidays. We are seeing a complete reversal on european stocks. For him to dive into the brexit issue is a nice sideshow this morning. I guess the main event will be any comments on negative Interest Rates or further negative Interest Rates, one of our themes, no doubt about it. Francine it will be interesting to see. Lets get to the bloomberg first word news with ramy inocencio. Hillary Clinton and Bernie Sanders squared off in their last debate before five states hold their primaries next tuesday. They zeroed in on seems they hope will drive democrats to the polls. When we talked about immigration, the secretary will remember one of the great tragedies of recent years as children came from honduras, where there is probably more violence than on m ....
I find it a bit surprising he digit contact me. Crude clings on to gains afteren erratic session yesterday. The top firm is cutting 7 of its work force. Bp shares in the green after a u. S. Judge rules its liable for spilling less oil in the gulf than alleged. Its maximum mine will be 4 billion lower. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Quickly going to bring you flashes firstly out of the iea whose report on the oil market has come out and said how low the markets fall will be is anybodys guess. Macroeconomic weakness continues to strain Global Oil Demand growth. Prices do not be seeming to stimulate demand just yet. Stocks are rising to their widest surplus versus the five year average since august 2010. Well bring you a discussion on oil in the next 20 minutes or ....
Starting with the Swiss National bank. Not just the Swiss National bank well get to it with the huge shocking moves, in currencies, also the fact that india cut Interest Rates, even the bank of korea. What were seeing now is going to continue as europe then has to decide just what moves it will take next week folks. We are living in crazy times. A race to the bottom. Or as our friend in currency terms. The bond fire of the currencies. Exactly. Now people are starting to look at gold again. You have to wonder once this volatility settles down we will be able to get back to quote unquote basics or we are embarking on another experiment of historical proportions. Were he going to talk about all that and have a special show lined up to do that. Joining us jim grant by the way who called this on the swiss from the grant rate ....
Hello and welcome to audiences in the uk and around the world. The government is planning new legislation that could over ride a key section of the brexit Withdrawal Agreement. The proposal would remove the legal force of customs arrangements for Northern Ireland, which were agreed to prevent the return of a hard border with the Irish Republic. The Irish Foreign minister said such a move would be unwise. Heres mark lobel. Jonathan charles is the managing director for communications at the European Bank for reconstruction and development. Good to see you this morning. Does this not throw a grenade into the negotiation to trade talks . I expect it is designed to dojust that, talks . I expect it is designed ....
Overnight, just hours ago, the Senate Passed the 2 trillion rescue package, it was unanimous in the senate. The bill authorizes checks to more than 150 american households, and we have new information about when you might see some of that money. The house is expected to vote on the measure tomorrow. And just minutes from now, the number that so many analysts are watching so closely, the Labor Department will release weekly jobless claims. This is basically a sign of what the unemployment status is in this country, and there is every reason to believe that this number will shatter records, the wrong kind of records. We want to begin with the Public Health emergency, especially here in new york. Cnns Brynn Gingras is live at elmhurst hospital in queens where 13 people, ....