Canceled around the globe tourism and Hospitality Industries are the 1st to soft power long can hold sales an ally and hold out without state. This is the the new business im proud of has welcomed in a move that surprised analysts and markets the u. S. Federal reserve has announced its biggest Interest Rate cut in a decade the decision comes in response to the danger the coronavirus poses to the American Economy the new rate is down half a percentage point but the movie also reassure wall street which tumbles in the aftermath results in asia on wednesday more makes with slight gains in tokyo and seoul. Now lets check in with our financial correspondent only bonce who is standing by in frankfurt for us only mock reaction seem a bit all over the place. Yes thats right it was a tepid reaction in europe when the decision came. Just reaction really in wall street the market went south in a big way and asia the markets are kind of hovering wondering what to do with this the move was i think
Canceled around the globe tourism and Hospitality Industries are the 1st to suffer from the Virus Outbreak how long haul tells and allies hold out without state aid. This is d. W. Business im gal alphas in berlin welcomed with the economic damage caused by the corona virus becoming increasingly clear more and more companies are calling for state aid some governments have already responded with a variety of measures south korea for example is to deliver an economic stimulus package to the chief of 13700000000. 00 u. S. Dollars the cash is mainly aimed at smaller businesses like the countrys numerous market traders who have been badly affected by the crisis the United States states has altered its Monetary Policy in an attempt to calm markets in a surprise move the Federal Reserve lowered the base rate by a point 5 percent keeping Interest Rates between one and 1. 2. 5 percent china 2 has implemented a range of measures to support its economy Small Businesses have been granted tax and So
Buying on my side and 3 times with the sewing machine sewing i suppose was more apt procreates for girls than writing advice as knowledge i was a reach out to those women back home playgrounds buy them do things and social rules and inform them of oded basic rights my name is them out of the home and i work its easy to. Lose. Touch. Its the story that world to go away from Consumer Behavior to market movements the coronavirus continues to dominate the world of business the u. S. Government pledges to spend more than 8000000000. 00 to break meanwhile traders try to make sense of the feds decision to cut Interest Rates. Try getting your hands on face months or hung sanitizer in germany shelves are empty shops report comic buying. Some of the worlds most fairytale destinations are waking up to the reality of declining tourism from china. This is business im Kate Ferguson welcome officials in the u. S. Have agreed to spend more than 8000000000. 00 to fight the coronavirus a big portion of
Coronavirus. Obamaso sell barack we saw apple yesterday or the day before. We saw ashares selloff because vacated senate seat. It is difficult to do guidance. Fly up tol apply puma says the negative impact from coronavirus on sales will four paying customers on the be felt. Ship it uses to fly astronauts we dont have a number yet. Into space. It is a very fluid situation is it opens the way for private a lot of companies try to figure space tourism, but there is no out what it means for their price tag yet. Globalist when he four hours per supply chains and when it will quicktake. And in pick up again. We are watching individual stocks across the board. Stocks in europe being supported by the idea that the pboc and daylobal news 24 hours per officials in china will do more quicktake. On to spur the economy. 09. T crude at 58 francine russia temporarily we will speak with a deutsche banned the chinese from entry. Telekom chief executive. The who says beijings continuing efforts in hubei
Puts the pressure on the European Union what will they do in case of a no deal brags that if the u. K. Does not enforce this border will they do it and risk having more violence like in the past decades if they dont then they cannot preserve the integrity of the Single Market so this once again has become a high stakes poker game and the question is who if anyone will blink 1st all right lets get more analysis on the story now nico this is a senior lecturer and European Union law the university of east anglia and ngo and i thank you for joining us and i want to get your take 1st of all these are 2 days of talks reports johnson in berlin and paris and we saw some friendly and positive tones on both days but at the end of the day nothing really has changed so what did you take away from what weve seen. I would agree with what your correspondent said i mean that go war so it is true that. There were some flit from here to serve the atmosphere was about the glow frenziedly especially when