or at for more on this let's go to our financial correspondent in new york yes korda negative oil prices yens how is this possible walk us through it . yeah it's really quite incredible but was the great looked on that we're seeing all over the globe daily demand to drop by 20000000 barrels plus and even if the opec countries decided to cut production by roughly 9000000 barrels per day that still means that demand is dropping much affairs the supply but then you also have a little bit of a technical issue going on because the oil price that dropped so much here on monday that was the contract for maize so now this contract will expire on. tuesday and you have a super content go that's all they call it on the oil markets meaning that the contract for june trades for so much higher than the contract for may that people and investors were just dumping the old contracts that as i mentioned will expire now and tuesday ok so prices for futures in the months ahead are we should expect to see these negative prices still there overall pretty low u.s. saudi arabia and russia agreeing to major prod

and let's go now to our financial correspondent yens korda in new york for markets reacting to this unheard of unprecedented collapse of oil prices in the u.s. . well i mean if you look at the stock price of the market to oil stocks are not so much dahlan as you would expect it clearly there is pressure but they're not getting completely hammered as of yet at least the good news is that we don't have to very about make them anymore because that expired here on tuesday but even if you look at june contracts sold those oil prices were down by more than 40 percent in the tuesday session from $22.00 it got $11.00 per barrel so clearly a lot of turbulence a scent of the stock market overall was down $600.00 points because clearly of the oil industry is very important to the united states oil and gas industry roughly stands for about 8 to 9 percent of gross domestic product in the united states and we talked about the danger this could represent the shale producers in the u.s. what's their reaction been so far. well it's very difficult for them to would just shut off the well because if you do th

and for more on this i'm joined now by our financial correspondent in new york yes korda yens how exactly are businesses and the public reacting to this reopening and georgia. well i would say overall there's some nervousness on the other side to georgia especially is seen as a kind of a guinea pig a lot of the other states just curious how things will actually work out which when you slowly restart the economy one of the questions clearly is which businesses will open because a lot of the bigger companies are actually saying they're are on a wait and see mode before they restart and then all to question is how many employees actually will show up for work so everybody is watching what is happening in georgia in the next couple of days. and we know we know already that some states do plan to follow suit in the coming days why is there such a rush to reopen in the u.s. when the disease is still spreading pretty rapidly. well to put it simply it's people are desperate we don't have the social systems that you might see in some parts of europe of people losing their jobs by the millions peop

and let's go now to our financial correspondent in new york younes korda. more dismal numbers we've seen us a few times before any idea when this is going to end. well at least if you want to take a tiny little bit of good news some at least less people filed for those unemployment claims in the past week than in the week prior but overall the speed was so which jobs are getting lost are clearly breast taking claims are not equal to people who are really getting unemployed but to miss the mids are there up to 4045000000 people theoretically could lose their jobs and if we look at the claims we should also forget that it's still very difficult for people to actually file the agencies are completely overwhelmed so a lot of people who are trying to apply them physically or by the phone they do not really get through so the official number is probably higher than those 26000000 as you mentioned earlier. all right meanwhile in washington congress still has shing out another rescue package for small businesses will it help. well i mean it's called the peril prote

well korda virus isn't the only thing that spreading during this pandemic conspiracy theories about the origins of covert 19 have swung to the internet as artie's caleb maupin looks at why they gaining so much traction. the coronavirus can demick is opening up weird new horizons for online conspiracy theorists the virus was bioengineered in a lab by scientists to be used as a weapon or a form of population control this is a theory the form of politician bronwyn bishop has also suggested it is to get rid of nonproductive chinese in the chinese community in the words of george that is who should be eliminated. so they don't have to be but it's getting beyond just talk hashtags don't your hospital is saying that the corona virus is just a big hoax and urging people to come out of lockdown nothing going on here not burn up and go on arm. chair. things are starting to get frightening to as individuals who believe these ideas take action neo nazis and white supremacists capitalized on the lists and publish them aggressively across their values using the data far and extremist who are calling

he had this report that i described a moment ago that he wanted to give to president roosevelt and korda hall, while he was on the ship coming back to america, grew wrote a long letter, a cover letter to president roosevelt and this was like a deer frank letter, they went to school together. so grew and roosevelt knew each other very well. he drafted a deer frank letter to explain he was attaching a copy of this report.t. in that letter, grew explained this japanese prime minister said that the chinese troops would be withdrawn except for a small contingent. that's what grew was told that the prime minister told him the prime minister had the support of an emperor in doing that. >> if you had booked the army, i believe he said he would have been assassinated by the army. >> i can't respond to that because i haven't seenec that comment. i can tell you the emperor was revered so the emperor was somebody, he wasn't a passive receptacle, throughout this time, he was engaged with the civilian and military and what they should do. i will tell you, in the final months, fall 1941, when a lot of