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Government of using code nineteen as a pretext to delay the voters. Those are the International News headlines this hour thank you for joining us youre watching the fronts twenty full. Bust the scale of the economic crisis in spain was laid back this s friday the figugures released by the National StatisticsInstitute Show the economy contracted by a whopping eighteen point 5 during the Second Quarter of this year. Making it spains deepest recession since the civil war. Im all the figures all buys they perhaps arent as big surprise danny is injujured onone of the strictest code lockdowns in europe with Economic Activity coming to in a complete standstill in march. Well despite not shut down cases in ....
We have seen action from the pboc already. They have cut their mlf rate. We are also headed towards the loan prime rate announcement this thursday. All eyes on what the easing measures could look like. Lets look at the Market Action now with sarah ponczek. Sarah it is a mixed picture across the asiapacific region, but it is really just tip japan after the weaker than expected gdp, donna bowen. 7 but well off lows of the session. At one point the nikkei was down 1. 5 . Making its way back to positive territory but still seeing steep declines. Mainland stocks and hong kong stocks continuing to see upside after strong returns last week. Now making up all the postLunar New Year losses. And hong kong hang seng up. 6 . U. S. Futures extending gains after closing at a record on friday. But remember, u. S. Markets will be closed for the president s day holiday on monday. One index i w ....
Sunday. The death of a student who fell from a car park during a rally fuels anger on the streets of hong kong. And australian firefighters are saying they are in uncharted territory as they struggle to contain bush fires raging across 2 states. And im we are hearty in doha with your sports one of the 2 men who tried to attack arsenal footballers method ozil and club the knock if intends to 10 years in jail. We begin the news hour in brazil where the former president always amassed that has just been released from prison a judge ordered his release on friday after the supremes course overturned a rule which required criminals to go to jail after losing their 1st appeal is among several 1000 convicted criminals they now have the right to remain for. Free until theyve exhausted their appeal options remember that was sentenced to almost 13 years in jail earlier this year on corruption charges he denies the allegations he has always said they are politically motivated lets bring in our lat ....
Iraqs top clear it calls for more protesters are killed in clashes with Security Forces. A ring of fire fears bushfires will get even worse in australia as people rush to get out of their homes. With i defied fists in the air brazils former president Lula Da Silva has walked out of prison after 19 months. He was surrounded and cheered by his supporters in the city of probate or earlier a judge ordered his release after brazils top court room to end a mandatory jail time for convicted criminals whove lost their 1st appeal that was sentenced to more than 12 years in jail last year ahead of president ial elections were going to bring you more on this story throughout the hour in chile police the fire. Water cannon the protesters who were throwing rocks in response. To. The scene in the capital santiago just an hour ago demonstrations began. But no spawn of widespread anger again ....