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Im sumi so much scott its good to have you with us e. U. Commission president was enough on the line has announce a plan worth hundreds of billions of euros to help the bloc bounce back from the recession triggered by the coronavirus pandemic the plan calls for a recovery package worth 750000000000 euros which includes grants and loans for every e. U. Member state for the line said the fund was an admissions answer to the massive economic crisis facing the bloc she also said that you have the choice of each country going it alone or responding together as a unified continent. The money will be raised by temporary lifting the only resources ceiling to allow the commission to use its very strong Credit Rating to borrow money on the Financial Markets this is an urgent and exceptional necessity for an urgent and exceptional crisis the next generation e. U. Will invest in repair ....
The firm, however, sticking to target. Luxury stocks are one of the bright spots as they reap a week of euros after Solid Earnings. All right. And to our top story. Another volatile earning. Its largest liquidity injection since the month of july. Meanwhile China Securities regulator is looking at what it calls, quote, share dumping, its biggest oneday drop since 2007. Lets check in on markets. Live in singapore. The dust seems to be collapsing on the collapse in the chinese equities markets after the rough morn sessions. We were down by 3 earlier today. Almost one and a half thousand. A daily downward limb it. So there will be a composure returning to the market if you can call a 1. 1 settlement composure. Remember where we were this time at close yesterday. Off by 8. 5 . So the governments pledging and affirming its commitment once again to buy stocks. The pboc pumping li ....
You are watching france 24. It was a boat filled with migrants trying to reach an better life, but the ship caught fire and capsized, leaving over 80 dead with 200 missing. Passengers on board are thought to be coming from libya. Rescue operations are underway off the coast of the italian island of lampedusa, where the boat went down. Our correspondent has the latest. It is a massive tragedy with hundreds of migrants on the boat sinking off the coast of the island of lampedusa in italy. What we know so far is that the mayor has said at least 80 people have been killed. But officials warn the death toll could actually go up. The mayor described the situation, saying that the immigrants tried to call for help, but their phones could not reach anyone on the italian coast guard, so they hoped to draw attention to themselves by lighting a fire. That fire got out of control which is why we see a high death toll. We know so far that one person, a suspected people smuggler, has been arrested a ....
A shortage of flowers on valentines day because growers are missing a key ingredient. Welcome to d. W. Business im joined on in berlin thanks for joining us european plane maker air bus is halting production of its super jumbo passenger jet the a three eighty after just over a decade the company had hoped the a three eighty would revolutionize air travel but airlines have been cautious about committing to the costly double decker planes cancelled orders from two key airlines pushed air bus to finally discontinue the model. Its the end of a rather short. Barely a decade after the worlds biggest pos and your jet first took to the air its maker is calling us today airbus had hoped the a three eighty she would squeeze that boeing seven four seven and revolutionize air travel. It was popular among passengers who gave it high marks for comfort space to quiet right but airlines were cautious about committing to the costly double decker planes and in the end they just werent willing to pay the ....
Developed countries to also revealed that management of Plastic Waste and stop shipping out to developing countries. Why malaysia is shouting out the alarm to the industrial world. Im Chris Culliver welcome to the program. Crypto currencies have seen a remarkable comeback this year after investors ditched them in droves in 28. 00 now the value of one bitcoin surged nearly 70 percent this month alone to almost 9000. 00 now some analysts are predicting it will climb as high as 10000. 00 bitcoin was the 1st and is the largest cryptocurrency and has become the standard for Digital Currencies built on a centralized peer to peer network its inspired a host of other crypto currencies such as like calling. Z. Cash and desh and big players are looking to create new Digita ....