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Billion. That is the rumor promising 850 billion. That is the rumor from secretary of the treasury Steven Mnuchin. Crude also recovering. We still have a two handle, all after the vix hit a record monday. Time now for global exchange. We are going to bring you todays market moving news from all around the world. From new york to brussels, washington, and berlin, our bloomberg voices are on the ground with this mornings top stories. Futures trimming early gains this morning, then rallying. Here was more in new york is bloombergs annmarie hordern. Walk us through some of the action so far. Annmarie as you said, we hit limit up on those futures. We then went lower into negative territory, but now back in positive territory. It does look like the bears are in control of this market. The biggest plunge on markets since 1987. In europe, similar story. We were seeing a lot of gains, then went negative. Right now on the stoxx 600, we are ....
Follow their you watching r. T. International this monday afternoon where its just turned two oclock here in moscow our top story this hour the Russian Foreign minister Sergei Lavrov says some Media Outlets are spreading false information and slandering the Syrian Government. For lots of reports are being planted in the media about flooring allegedly used in eastern guta news outlets are citing an anonymous source from the us let me remind you weve been warning about such fake stories since yesterday and there will be more such stories from social media from the White Helmets and provocative with a history freak reports specially when it comes to Chemical A ....
A near three year high against the us dollar equities are also searching and now parliaments elected a. N. C. Party leader Cyril Ramaphosa as president. South africas economy took a beating under x. President jacob zuma its full mental recession the countrys bonds are rated junk and its political elite is no longer trusted. Due to political mismanagement its second largest city cape town is running actual water fast growth has declined steadily for more than three percent seven years ago to less than two percent in recent years one of the weakest rates of all of subsaharan africa. The countrys hope is resting on the newly elected president still ram opposes a former union leader whos become a wealthy businessman since he was appointed head of the Ruling African National congress in december the countrys currency has surged by ten percent against the dollar. Conferen ....