Temporarily halt all immigration to the country to protect american jobs during the pandemic but his critics say hes using the crisis to improve his polling numbers and press freedom at risk a new report warns that governments are using the pandemic to crack down on media all across the globe. To our viewers on p. B. S. In the United States and all around the world it well will germany use its financial muscle to help the countries hit hardest by this pandemic as the crisis devastates economies across the continent italys Prime Minister says that the full fire pyro of the European Union is needed to overcome the shock to the system he wants germany and other wealthy Northern European countries to issue shared debt in order to help countries such as italy and spain but the idea that it has come under fire here in berlin. Hospitals in italy have faced a massive challenge to treat all their patients critically ill with covert 1000 disease spains Prime Minister has called the pandemic euro
Any information on the throne of virus or any other science topic you should really check out our podcast so you can get it wherever you get your podcast you can also find us and dot com the one slash science. Coils collapse in the u. S. Has Global Markets worried deflation is the big fear as producers rein in production the question on everyones mind when will demands pick back up. Beijing gets back to business well see how chinese firms are changing to cope with the coronavirus. And pandemic measures claim a victim down under as Virgin Australia Airlines Files for bankruptcy. This is your Business Report im steve. Its good to have you with us now the crash in u. S. Oil prices is reverberating around the globe pushing stocks toward losses and driving Commodity Prices down major Oil Producing nations could be hit hardest with lower prices carving chunks out of their budgets theyre now hoping that demand rebounds in the months ahead. Demand for oil has plunged amid the worldwide lockdow
Sectors what told with these cuts have on the Global Economy and how are markets reacting we have a packed show today so lets dive right in. And we lead our show today with a possible reprieve in the ongoing Oil Price War between russia and saudi arabia which has sent the commodity plummeting russian president Vladimir Putin announced friday his country is ready to cut production as long as other major producers follow suit saying quote according to preliminary estimates i think that we could talk about it were duction in the volume of about 10000000. 00 Barrels Per Day a little less maybe a little more adding and i believe that when i talk about partnerships everyone including our partners understand that we can talk about a reduction from the level of production that prevailed before the crisis so far this year all prices on major. Benchmarks brant crude in west texas intermediate have been cut in half due to the crowbars pandemic and the ongoing price war. And as the number of cases
Later with the drop in commerce the globe over jobs have been slashed in several sectors what toll with these cuts have on the Global Economy and how are markets reacting we have a packed show today so lets dive right in. And we lead our show today with a possible reprieve in the ongoing Oil Price War between russia and saudi arabia which has sent the commodity plummeting russian president Vladimir Putin announced friday his country is ready to cut production as long as other major producers follow suit saying quote according to preliminary estimates i think that we could talk about a reduction in the volume of about 10000000. 00 Barrels Per Day a little less maybe a little more adding and i believe that when i talk about partnerships everyone including our partners understand that we can talk about a reduction from the level of production that prevailed. Before the crisis so far this year oral prices on major benchmarks brant crude in west texas intermediate have been cut in half due
Locked out just what impact are the measures having we break down some recent info from google and what we now know about how people are reacting to the shutdown and later with the drop in commerce the globe over jobs have been slashed in several sectors what toll with these cuts have on the Global Economy and how are markets reacting we have a packed show today so lets dive right in. And we lead our show today with a possible reprieve in the ongoing Oil Price War between russia and saudi arabia which has sent the commodity plummeting russian president Vladimir Putin announced friday his country is ready to cut production as long as other major producers follow suit saying quote according to preliminary estimates i think that we could talk about it were duction in the volume of about 10000000. Errols per day a little less maybe a little more adding and i believe that when i talk about partnerships everyone including our partners understands that we can talk about a reduction from the l