Skip to main content

tv   Al Jazeera English News Bulletin  LINKTV  April 20, 2020 5:30pm-6:01pm PDT

5:30 pm
>> the bottom of the barrel. u.s. oil prices turn negative for the first time as demand dries up in storage run short. what does the record drop mean for consumers? ♪ >> you are watching al jazeera, live from london. is one of many country starting to ease their coronavirus lock down. of any kind has no place in canada. shock as thea in
5:31 pm
death toll from a shooting rampage rises to 18. let's take you straight now to the white house. donald trump is answering questions in the coronavirus briefing. president trump: that's on top of thousands and thousands of hospitals built in new york, for hospitals alone tilt and 2900 beds, and got them done so quickly, nobody saw anything like it. fortunately we haven't had to use too many of them, and that's ok. that's probably better news than having to use them all, right? because a lot of good things are happening in new york and elsewhere. through the public-private partnerships and deregulation, the federal government has already made tremendous tasting capabilities possible, but sums -- some states need to take action to will utilize it. today, the united states has conducted many more test than any other country. you can add them all up and they don't catch us. our numbers have been doubling
5:32 pm
certainly on a monthly basis, but almost on a weekly basis, we are moving very rapidly. at a number nobody thought possible. we will be doubling our number of daily test as governor springer states fully online to the capability they have previewed we have tremendous capability out there already existing, and we explained that to the governor today, people explained it very strongly to the governors. they really get it now, i think. explained,rts have this capacity is sufficient to allow states to conduct diagnostic testing to treat patients as well as contact anding to contain outbreaks monitoring to pinpoint potential hotspots during phase one, and there are some hotspots that we have been pinpointing and they have been covered nicely when they know exactly where to go and they are being told where to go. also these locations where they are going, and some of them are federal, some of the gardner --
5:33 pm
governors didn't realize they were allowed to use federal locations. they are. we have a booklet of the federal locations, we can hold it up and show that. but you see the number things. these are all locations where they can go. which is really pretty amazing. this is just one page out of many. look at this. locations.ll that's a lot of locations. it, 5000? thank you very much. that's more than anybody thought. and it's already there, they have to use it, that's all. some were not aware. some were very much aware, some are not aware. my ministration also continues to support states with an operation to deliver vital
5:34 pm
supplies. what a job they have done. they were calling on easter sunday to make sure everyone was ok. they are using detailed data about supply chains to track redeployment of one billion pieces of protective equipment for private distributors, every two weeks. what we are doing is delivering a number that nobody anywhere in the world thought. fema is working closely with dr. birx and distributors to prioritize supply of resources where they are most needed. they havee location to get to. we have locations that are very important to get to and get to them fast. that is where they are going. so we have a very strong priority. this pandemic has reaffirmed the importance of keeping vital supply chains at home. we cannot outsource our
5:35 pm
independence. we cannot be relied on foreign nations. i have been saying this for a long time. if we learn one thing, let's build it here, let's do it here, let's make it here. we've got the greatest country in the world. we've got just start bringing our supply chains back. somebody got this crazy idea, let's build all over the place. let's have a fender made someplace else and let's do this and that and let's put it all together. i like making it right here in the usa, and i think we have learned a lot about that, and especially maybe when it comes to pharmaceutical products. we have also conducted major military operations, providing cities and states with additional medical capacity, and the incredible 1800 men and women from the army corps of engineers, we just met with todd, the job they have done is incredible previewed we have
5:36 pm
nurses, doctors, experts in every field from all over. i spoke with governor cuomo, mayor de blasio, many of the other governors. i think i'm friendly with just about all of them, if you can believe it. i have gained a lot of respect for a lot of the governors, both republican and democrat, during this process. some really good people, some really good talent. but we are sending a lot of our medical people, not only construction people like todd, but a lot of our medical people are being sent all of the country to different locations. new york city, new york state, new jersey, we spoke with phil today, doing a terrific job today in new jersey. new jersey got hit very hard. today -- since today the crisis began, america launched a scientific mobilization of colossal size and scale. someday that will be able to
5:37 pm
write the true story, because nobody has seen anything like it. the fake news just refuses to cover it correctly, but that's ok. the people are understanding, and that is what matters to me. there are now 72 active trials underway across the united states, researching dozens of therapies and treatments and another 211 or in the planning stages. therapeutics and also on vaccines. a tremendous progress is being made on vaccines, and i must say on therapeutics. frankly, if i had my choice, give me the therapeutics right now, because that would help people right now. we have some things i think are not only working, but we have some incredible things that look like they could be an answer, but we will know soon, being tested. this includes therapies designed to attack the virus as well as
5:38 pm
others that would hinder its replication, reduce the rate of infection, control the immune response. it would transfer life-saving antibodies from the blood of recovered patients. one of the incredible things we have seen, and mike and i were talking about it before, is the fact that oftentimes somebody from the plague, from this horrible scourge, and they get better food as they recover, the first thing they say is i want to give my blood. doctors have told me it has happened so much. i want to give my blood. and they are doing that. tremendous things are happening. you will be seeing that over the weeks, we will be talking about it in the not-too-distant future. johnson & johnson is very well along on vaccines. again, the vaccines have to be tested, but a lot of good things are happening. ultimately, we also hope to prevent infections through a
5:39 pm
very safe vaccine. that will be a very great thing when we have that. with that, i would like to and brad the admiral, smith to discuss some of the incredible things that have been done, and they really are, what they have been able to do in a , andshort period of time equipment, you will see equipment you have not seen before. if you guys would come up, you can give us a little display of some of the equipment that we have and some of the things that are happening, having to do with testing, because testing is a big word. remember, it was all ventilators. they said there is no way he will ever be able to catch this one. not only did we catch it, we are now the king of insulators all over the world. we can send him anywhere, thousands being made a week, and they are very high quality. sot wasn't playing well, they said testing, we will get them on testing.
5:40 pm
testing is much easier than ventilators. relators are big machines that are very complex and very expensive -- ventilators are very complex and expensive. it used to be ventilators, ventilators, ventilators. now it is testing, testing, testing. i thinkthe admiral and brad will show you some things you haven't seen that are really spectacular having to do with testing. we are way advanced. the list i showed you, these are places you can go if you are in the states. 5000 different machines, 5000. they are all over the country. that was the coronavirus briefing and president trump speaking there about testing and ventilators. owner on, he had been speaking about -- earlier on, he had been speaking about the biggest story
5:41 pm
-- we were speaking about the negative oil prices. housecross our white correspondent, kimberly. we are expecting the president to take questions in a while and we will be getting back into that, but he did actually start the news briefing by addressing the issue of oil prices. what did he say? kimberly: he touched on it very briefly. all he said, really, was that he has found the drop in oil prices, which of course is historic in terms of the low. he called it interesting. i think people would have other adjectives to describe it other than interesting. he then went on to essentially issue his prescription for the element that he believe is occurring right now, and that is that he says the united states will fill its national petroleum reserve, that they will essentially top it out. what they are going to do is by 75 million barrels, he said they
5:42 pm
will be getting it at a good price, and is an understatement, we know inact that some cases it is below zero in terms of the cost, in negative territory, at least up in canada. so he is certainly going to be getting it at a good price. the u.s. will now have this reserve, which will be topped out, which he said is something that is a bit unusual. that is essentially how he plans to deal with this. the question becomes how the market will respond to that and whether that think it will be enough. of course the u.s. president had been touting this deal that he had struck with saudi arabia, russia, to try and offset the production or overproduction in the excess supply in the market, that cut in production was set to take place next month, so it wasn't enough to alleviate the market. so this is yet another prescription by the president, but again, whether or not this is going to be satisfactory to
5:43 pm
investors is something we will have to continue to follow. anchor: and of course the plummeting of oil prices in the u.s. is a byproduct of the lockdown because of the coronavirus, so focusing then on the virus itself and it spread and trying to contain it, what things do you think the president might be question on when reporters get a chance to ask him a few things? kimberly: what i have noticed so it for ai have noticed couple of days now, the u.s. president is trying to correct the record, if you will. what we hear as a repeated team is that, everyone said we didn't have enough ventilators, so we made ventilators. now you set we don't have enough tests, so we now are making test. the problem is there are not enough test in the united states right now. administration says look, we are doing this in real time.
5:44 pm
it makes excuses that it inherited a system that was antiquated to deal with the pandemic. at the same time, the numbers are simply not where they need to be. the administration says we have enough tests for phase one. the fact of the matter is, they have about 5 million tests in the work and they hope to have 20 million by the end of the month. 300this is a population of 30 million plus. if you want to get everyone back to work, that means you're going to need frequent testing or tens of millions of americans. and the number simply don't add up. still, the white house is pointing the finger at the governors, saying you need to increase your capacity, be aware of your capacity. the president showing a map and lists of where they say the governors have been under utilizing their ability to test, but at the same time, what we expect the focus of the upcoming question and answer period to be is that the numbers are still not meeting in terms of what the governors are asking for and
5:45 pm
what the white house has provided. you --. criticism -- do the u.s. present pushing back. his handling of the coronavirus crisis is certainly something that will be in the back of the mind of voters when they go to the polls in november. the president is acutely aware of that, and trying to counteract those criticism as we see in this briefing taking place right now. anchor: kimberly, thank you. just some details now on the oil news we were talking about. that is that for the first time, benchmark u.s. all prices have crashed into negative territory, meaning that traders are now paying buyers to take it away. westmassive one-day drop, texas intermediate fell from $17.50 a barrel to -37 dollars. it was trading at about $60 a barrel at the start of the year. bubbled and has plummeted because of coronavirus related
5:46 pm
lockdowns and travel restrictions, leading to fears over a lack of storage space. that is despite continuous attempt to counter the chaos in the global energy markets. earlier this month, russia and saudi arabia agree to an unprecedented cut in output of almost 10 million barrels a day before the virus hit markets. so what impact is it likely to have been the golf? two -- what impact is it likely to have in the gulf? which countries do you think will be the worst hit? especially in the gcc you're going to see an immediate impact in countries which do not have the kind of cushion that others have in terms of sovereign wealth funds, and deep pockets they can delve into once they
5:47 pm
find money coming in from or market starts to dry up. you can separate this almost into two sections, the real impact on the economy of these countries as well as the impact on the political economy attached to oil. we seen in the last few months that saudi arabia has tried to inx its muscle and dominate the oil markets, but it has also had its relationship strained when it comes to the united states and russia, when it comes economy, every fluctuation means that saudi arabia goes further way from its goal, where it to diversify its economy from an oil-based economy too much more diverse and vibrant set of economic indicators. not just saudi arabia, you have to look at other oil producers
5:48 pm
including bahrain and oman do not have those kind of deep pockets, and they will be facing an impact almost immediately if there a fluctuation again. we have to bear in mind that this is a wti price crash. the brent crude is still hovering over $20 a barrel. june futures are looking good. this was the last day of trading for all these traders who actually have run out of storage space globally. so that is going to have a knock on impact, but i'm also hearing reports that the saudi's are already considering to bring up their production cuts, cuts they had promised just a few weeks ago that they are going to continue, so it's going to be a very difficult position, not just politically, but economically, for saudi arabia, for the rain and oman to come out of this, because they are a , ande commodity entity
5:49 pm
they have to pay salaries. and not just for electrical workers, these are salaries for essential workers who are on the front lines in fighting against groups like isil. we've heard warnings from global organizations such as the imf saying that unless drastic measures are taken, there's going to be a real knock on the ofnomies in the middle east $16 billion. anchor: the latest on those development from the region from delhi, thank you. energy at anof independent research provider in the oil and gas industry says the oil market is in uncharted territory. >> literally unprecedented times at the moment, in terms of the global market and the oil market as well. i think we are in a situation that we've never seen before,
5:50 pm
especially at the moment we are having massive impacts to global demand growth, around 30 odd million barrels a day of demand being impacted globally, about a third of global supply. currently nod with opec cuts being in place, the deal that broke down in the aftermath of that, with the taps being open, means huge amounts of supply coming off the market at a time when demand is completely down in the dumps. impact, as a further nuance that the wti contract is expiring today. so the people that on those contracts are scrambling to essentially get rid of that crude now because their word when it is produced in may, there will be nowhere to store
5:51 pm
that crude. there will be no one to take it because storage is filling up. anchor: some shops have opened in germany as europe's largest economy slowly restarts public life after four weeks shut down to stop the spread of coronavirus. only small businesses have been given the all clear to open their doors as part of a deal between federal and state government. here is more from berlin. for many weeks, germany has been in lockdown. the possibility of inadvertent infection too high to allow most of everyday life to go on. now in southern states, many shops are open once more. the government to test how safe it is for economic life to resume. >> of course it is difficult, but if we now ease restrictions then we don't know exactly what the repercussions will be. that's why we have to take it slowly and a step at a time. it would be tragic if we knowingly relapsed and knowingly
5:52 pm
endangered these first successes. reporter: and perhaps because of that fear, not everywhere in germany has reopened to business . somewhat more stringent protective measures in place before opening stores. so far, at least federally, the government is only encouraging recommending people to where masks in public, but certainly some parts of the country, that is changing. saxony,astern state of asks are now mandatory for people in public, and the conservative heartland of bavaria is about to follow suit. >> as of next week, we will maskduce a mouth-nose, obligation for all shops including those that have been open all this time. we are the first state in west germany to do this. >> and then there is the dilemma of how to reopen school safely. most will remain closed until early may, but some have now
5:53 pm
gone back to allow teenagers to sit important end of year exams. >> of course i'm somewhat worried. the more students there are in the building, the more complicated it gets to stick to the framework conditions. they may not always be in a position to evaluate the dangers 100%. reporter: which sounds very much like the dilemma ministers are facing right now. easing restrictions should help the economy, but could cause a second wave of infections. reopens,s germany there is some news coming out of italy. for the first time, the number of people reported to have coronavirus has fallen by 20. however, the world health organization has cautioned that easing lock downs does not mean the pandemic is over. it has warned that without countries working together, the worst could be yet to come. here is more. reporter: medical staff at a
5:54 pm
hospital in madrid morning one of their own. contractedf staff the virus while treating patients. after the silence, applause. the best hope in the battle to save lives, fight the country believes it is slowly starting to win. capital, 2 the million protective masks, purchased from china by the spanish government. they we shared across the country, helping parts of spain's economy to reopen. , somers are back at work heavy industries operating again. these are carefully controlled steps. spain's infection rate has now stable of -- is now stable but the number passed 200,000 on monday, second only to the u.s. the world health organization
5:55 pm
urged companies to act fast on limiting the spread of the virus. >> without national unity and the worst isrity, yet ahead of us. let's prevent this tragedy. it is a virus that many people still don't understand. reporter: the slowdown deaths in spain and italy has returned some optimism to europe's financial markets. share prices edged higher on monday, from their lowest since the 2008 crash, but businesses are bracing for a lengthy global downturn. in russia, the crisis is deepening, with the lockdown entering its fourth week. sharing the video meeting with regional officials, president putin warned the worst is yet to come. >> the peak incident is still ahead, and now we need to do everything to flatten this peak.
5:56 pm
itthe french government says is making progress. restrictions remain in place until at least may 11. but there are social consequences to friends's strict lockdown rules. over the weekend -- two france's rules.lockdown mediators have been sent into suit tensions. the uk's lockdown remains in place, with the government saying it is waiting for the right data before easing restrictions. the country hopes to start clinical trials for vaccine next week. as countries consider their options, here in portugal, a reminder of how uriel and coronavirus is -- how vera lent run a virus is. -- reminder of how virulent coronavirus's. there are concerns about infection spreading quickly in other hostels were social distancing is difficult. society is onered
5:57 pm
different past, relaxing things too soon, too fast, could risk a second spike in cases. government so struggling to balance the health of their economies with the health of the people. anchor: turkeys president has announced a four day lockdown across cities on thursday. shutdowns have taken place for the past two weekends, what he says this week is longer because of the national holiday. turkey is reporting more coronavirus cases than any country outside the european union and united states. it has more than 90,000 cases in just over 2000 deaths. -- in worker in northern northern nigeria has died from coronavirus. the medic from doctors without borders was the first confirmed case in the troubled region. officials have been fumigated in camps in the region because of fears of the virus spreading
5:58 pm
through them quickly, with devastating consequences. it has been at the center of a decade-long conflict by fighters which has forced more than a million people from their homes, many into the overcrowded displacement camps. news, israel's year-long political crisis has with the prime minister and his main rival agreeing to form an emergency coalition government. they issued a joint statement saying they had completed a deal to steer israel through the coronavirus outbreak. the government will last three years, with the prime minister serving for the first half and benny gantz serving the second half. the number of people killed in canada's worst mass shooting has increased to at least 18 people. the rampage began late on
5:59 pm
saturday in the province of nova scotia, when a 51-year-old man disguised as the police officer shooting people in their homes and setting houses ablaze. he was eventually killed. a policewoman was also among the dead. the motive for the killings is not yet known. authorities believe the suspect acted alone. havech a tragedy should never occurred. violence of any kind has no place in canada. we stand with you and we grieve with you, and you can count on our governments. .
6:00 pm


info Stream Only

Uploaded by TV Archive on