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60 billion kiwi dollars. It is projecting a contraction of its gdp in the Second Quarter to 21. 8 . New zealand maintaining its benchmark Interest Rate at 0. 25 , all pretty much as expected. The rbnz has been at the forefront of supporting the 0. 5 already. Ates under a lot of pressure for this fiscal stimulus, as weve been saying, to double to 60 billion kiwi dollars. Facing a lot of scrutiny on whether to take rates to negative. We will see if it does that later on. For now, keeping rates steady. Kathleen bring in hays. It does seem like rbnz did exactly what the markets expected. Absolutel...

And bill mcagain. Mcgern. Mary, 40 million jobless in two months. Weve never seen that before, not in our lifetimes. Is this the extent of the damage or are we going to see some more . Hi, paul. I dont think we can say whether were going to see more. We dont know from the Health Aspects whether we get the second wave and so forth. I think what we know right now is that we have a first of all, a very entrepreneurial culture. Ive been impressed in new york at all the entrepreneurs and Business People who are eagerly trying to reopen their shops. Sadly, a lot of them didnt make it. But theyre bac...

Places. And dont expect anything new from this development. Christopher wrays socalled review of it all. In a statement the fbi admitting, quote although e the fbi does not have the Prosecutorial Authority to bring a criminal case, the Inspection Division can and will evaluate whether any current onboard employees, get that . Onboard employees engaged in actions that might warrant disciplinary measures. In other words, well, going on to say as for former employees, the fbi doesnt have the ability to take disciplinary action. In other words, the fbi has successfully, corruptly run out the clock...

A large crowd of protesters has been gathering President Donald Trump says hes spoken to George Floyds family and has offered his condolences he also described the incident as a horrible thing to witness and he said it looked like there was no excuse for it. Donald trump is cutting u. S. Ties with the World Health Organization claiming its being influenced by beijing at a press conference the president stepped up his anti chinese rhetoric announcing plans to strip hong kong of its special status with the u. S. In response to a new security law alan fischer reports. Unusually for a News Confere...

Also, the u. S. Closing off the borders be at lets take a look where the markets are. Asia, gains in the u. S. And europe, that surge overnight, the best day in six weeks, european stocks doing their best in two months, vaccine optimism boosting investor sentiment. The csi 300 is up. If you take a look at chinas oil demand, which is set to be back at precrisis levels of consumption, it is said to be fully open as factories open and drivers are back on the road. Rebounding, the benchmark opening the door for , whiches of alibaba could prove to be a boost for investors we have the kospi higher b...