appears to be a serious conflict in this coveted relationship between the united states and saudi arabia let's do this let's let's go to the mouth because i want to i want to try and set this scene for you so because i think this is one of those stories that if you can visualize it you can better understand it so we've told you about all the different incidents that have been taking place here in the persian gulf over the last several weeks how volatile this this region right here has become of late it's almost like think of it this way it's like this area here is like a line of demarcation between 2 countries that hate each other's guts they despise each other right so here's saudi arabia on this side of the firs in golf right saudi arabia which needs united states protection here in the gulf which it offers which also needs united states protection here in yemen where it's fighting a war right now let me show you the adversaries the other side right here is a wrong as you can see right there which supports the actions in yemen that are at war with saudi arabia and also what can we say about

punishment or a redeployment a u.s. decision to remove patriot missile batteries from saudi arabia is making the kingdom's leadership nervous they were supposed to protect riyadh from iran so what's changed and this poil politics at play this is inside story. hello and welcome to the program i'm peter dubey the united states is removing its patriot and t.m. missiles and other weapons systems from saudi arabia the us president on will trump says it's part of an effort to scale back on a military presence that he says doesn't benefit the u.s. american weapons and fighter jets were sent to the kingdom last year after saudi aramco oil facilities were attacked they were also intended as a deterrent as tensions rose between tehran and washington but the reduction in the u.s. military presence is believed by some to be based on assessments iran no longer poses an immediate threat to u.s. strategic interests when asked about the decision president trump stayed away from giving specific details well i don't want to talk about it but we're doing some things we're making a lot of moves in the mi

between 2 countries that hate each other's guts they despise each other right so here's saudi arabia on this side of the persian gulf right saudi arabia which needs united states protection here in the gulf which it offers which also needs united states protection here in yemen where it's fighting a war right now let me show you the adversary's the other side right here is a wrong as you can see right there which supports the actions in yemen that are at war with saudi arabia and also what can we say about iran well they want dominion of this area of the persian gulf and are trying to establish it with its navy so both. iran and saudi arabia right you have iran and saudi arabia fighting for gemini in this region they both want to say we're the boss you know we are we're controlling this situation but something something happened last year something that began to alter this a little bit let me show you another map so we can capture what we're talking about here bring that in if you can. all right here it is it's these 2 dots essentially right here see these 2 locations that are not far f

about libya you barely mention yemen yet that was a conflict started by saudi arabia and the u.a.e. on your watch me a bomber administration didn't speak out against it yet it's now become the worst humanitarian disaster on earth do you have regrets. i certainly i have regrets about our yemen policy absolutely and i you know i think that it was one thing in the 1st instance when the yemeni ambassador to the united nations you remember this day came to the u.n. and said my country has been overrun i had to escape my capital city in hiding to avoid war knows what help when a sovereign head of state comes and this is not a sovereign head of state who forfeited his claim to international legitimacy like someone like assad khadafi but when that militia who the militia take over of sana'a take over large parts of yemen happen i think was very reasonable to come to the aid of the sovereign government and indeed you mentioned that the united states in criticized saudi coalition went much further than that it's actually supported what saudi arabia was doing though a terribly by providing in

restrictions even as infections surged to the 4th largest worldwide to. saudi arabia slashes budgets and increases taxes as it deals with record low oil prices the coronavirus pandemic. abused and overworked on a diet of fish bait the allegations from indonesian fishermen that have prompted a joint investigation with china. the presidents of spain's top football league says june the 12th is the target date for a return to action of 8 of us claims the risk of players catching coronavirus during games will be proud sickly 0. some of the countries in europe hardest hit by the corona virus are opening up allowing millions to step out for work family visits and shopping trips france has been locked down for 8 weeks but people can now return to shops and hairdressers and take public transport after its lowest number of deaths in 7 weeks much of spain is opening outdoor cafes churches and mosques turkey is opening its shopping centers and schools will restart in the netherlands and russia president putin announced that economic restrictions are being eased from tuesday even as another surge

down the u.s. pulls out its patriot missile system from saudi arabia then winding differences over oil prices. it will look like a half arsed forces attack tripoli with rockets landing close to the turkish and italian embassies plus. i'm largely in the inner seaside town of which the bill which is looking all nervously at the potential easing of the law down on their arrival once again tourists. again in russia which is rapidly becoming a new hotspot of the global chronic virus crisis with close 217-8000 cases russia now has the 5th highest number of infections in the world for 5 days in a row new cases have gone up by more than 10000 and moscow's mayor is warning the actual number is far higher than official figures show charleville us reports. russian police and fire fighters patrolled the streets with instructions observe the quran teen take care of yourself and stay home as countries around the wound start to open up much of russia is closing down case numbers have to put it in the top 5 of the wounds with more than 177000 cases but most fear is it may be even worse. that is the ye

its patriot missile systems from saudi arabia and draw down other military capabilities. i am very proud of general flynn i can tell you that right now the new charges are set to be dropped against donald trump's former advisor michael flynn who admitted lying to the f.b.i. about his russia contacts and more toxic gas is emitted from a chemical plant in india where an early age killed 11 and put hundreds in hospital . so as we look back on april looks like it will be the worst month for u.s. job losses ever as the coronavirus continues to take a terrible toll on the world's economies around another $3000000.00 people filed for unemployment benefits in america last week it means a staggering 33 and a half 1000000 have made claims for support since late march when the shutdowns began elsewhere the u.k. the bank of england expects economic output to shrink 14 percent this year. unemployment would be up to 8 percent the european union early awarded is bracing for a similar slump 7.4 percent there interesting that china is reporting a different picture it says export rose in april for t

welcome back always great to be here let's talk about the. this price war that saudi arabia has started or try to get involved with in the oil the oil patch and it looks like they started the war and they're getting crushed by it because it appears as though even though their cost of production is roughly $85.00 barrel dollars a barrel with you would think would give them a strategic edge it appears as though those on the other side of the trade were able to engineer negative $38.00 a barrel in the futures market. and this kind of changed the whole dimension of price wars and geopolitics and in a matter of a couple of hours on the futures market here in the united states tyson what do you think absolutely you know national oil companies always appear to lose when they try to take on oil traders and this is just another example and nobody surprisingly enough seem prepared for negative pricing t.i.i. or west texas intermediate and smart price and the problems continue to persist in fact there was a stirring letter written by the republican chairman of the independent u.s. agency that regu

financial times. she reported from iraq, saudi arabia, syria, lebanon, and she covered the war between israel and hezbollah, earning an emmy for international news coverage. she's also a reporter on the state department and on american politics, regularly travelling with secretaries of state, including condoleezza rice, hillary clinton and john kerry, she has been published in the atlantic, "the washington post," foreign policy and is currently a non-resident scholar at the carnegie endowment for international peace in washington. her first book "the secretary" was a new york times best seller. miss ghattas regularly speaks, continues to speak on american television and radio, born and raised in lebanon, but she now lives between beirut and washington d.c. if you have questions, please write them on the cards. the bush school ambassadors who have the blue blazers on have with them, they'll be -- they walk up and down the aisle, but they'll continue to do that and then once you write the questions, pass them to the aisle, they will pick them up, give them to me and i'll go through them

beneath the shiny veneer of saudi arabia's planned legacy. and we tell you why the u.s. blocked a u.n. security council resolution on the pandemic. hello the pensive scout of showers and thunderstorms continuing the 4 calls across much of indonesia some heavy downpours in the last few hours you can see across northern areas the bright. northern sections of java now the next couple of days sunday and monday some rather heavy rain pushing into southern areas of the philippines it's real coming courtesy of this system just sitting towards the east and that will continue to spread the rain as we head on into monday and it's monday will see some very heavy downpours particularly into northern areas of sumatra the rains developing later in the day becoming very widespread and also heavy rains back in the forecast across much of central and western areas of borneo as for australia it is mostly fine and dry the worst of the weather really has cleared away from the southeast but it is wake you've got more of these blustery sheil some fairly stiff winds at times particularly through the past ra

patriot missile system out of saudi arabia met a growing dispute over oil prices. and libyan war lyrically for half tars forces attacked tripoli with rockets landing close to the turkish and italian embassies. that began in russia which is rapidly becoming a new hotspot in the global fight against corona virus but more than 187000 cases russia now has the 5th highest number of infections in the world as accorded more than 1700 deaths and for 6 days in a row new cases of gone up by more than 10000 a day and moscow's mare's warning the number of infections is actually far was far higher than official figures charlie ellis has more. russian police and fire fighters patrolled the streets with instructions observes a korean teen take care of yourself and stay home as countries around the wound start to open up much of russia is closing down case numbers have to put it in the top 5 of the wu with more than 177000 cases but most lose me a few is and maybe even worse there's the body or for according to streaming studies the entire number of infections of moscow ranges from 252300000 that's 3 time

green power could be the death knell for crude. and saudi arabia the oil giant whose economic diversification has led it to the north east of england but critics are accusing the kingdom of trying to sports watch its human rights record. look we all know we're in the middle of a storm like no other right now and really it's no one even if you are a country with oil sure some of the bigger players are doing ok though even saudi arabia is cutting subsidies and raising taxes but small opec players are really taking a hit from the coronavirus pandemic and oil prices sliding into negative territory however briefly think about oman and behind both could receive economic support from the likes of saudi arabia and the u.a.e. but our focus is on those resource rich nations that with oil prices that are around $30.00 a barrel may have to turn to. the international monetary fund and start with algeria which has seen its debts soar to 45 percent of g.d.p. from just 26 percent and 2017 it had base this year's austerity budget at $50.00 a barrel so it's potentially got real problems angola

of infections push them back to the brink. also coming up saudi arabia announces further cuts in oil production and further measures to help its oil dependent economy. and we'll look at how the pandemic is threatening medicine shortage just at a pharmacy near you. this is your business report i'm stephen beardsley it's good to have you with us wall street wavered monday as more economies began reopening at risk of new infections the dow index. much of the session down before recovering some of its losses in spain france and belgium have all relaxed some pandemic restrictions beginning this week as have more states in the u.s. meanwhile south korea once a model for its response is reporting new cases as is the chinese city of wood on where the virus originated. and let's go now to our financial correspondent in new york yen scored a positive run for wall street last week why was it so unsure as a kicked off this week yeah there is a sentiment on wall street that when it comes to stock prices we might have seen the lows in march but there's also a sense that was the comeback that w

member of the i.c.c. . donald trump reportedly pressured saudi arabia into ending its oil price war with russia by suggesting the kingdom risked losing u.s. military support that's according to a reuters news agency report it says the us president told crown prince mohammed bin some on that of oil production wasn't because it be powerless to stop congress from approving the withdrawal of u.s. troops from saudi arabia that veiled threat was said to be made during a phone call and the april 10 days later the world's biggest oil producing nations agreed to cut production by nearly $10000000.00 barrels per day. sigurd's new bell is a middle east analyst in washington d.c. he says u.s. criticism of saudi arabia has been growing. we have seen that over the past 2 years or so or you and i have really sent jamal khashoggi was murdered at the saudi consulate in istanbul we have seen that the us political establishment have on a regular basis criticized saudi arabia record on the matter but also criticized its war in yemen and the latest incident over over to oil crisis has really been. a cum

al jazeera. and. saudi arabia announces tough new all sturdy measures as it deals with all the world prices and the coronavirus pandemic. elam's a home run when you're watching al-jazeera live from our headquarters here in doha also coming up. china reopens disneyland in shanghai even as new coronavirus cases are reported further north in would. also a trusted face of america's coronavirus crisis is in quarantine as infections hit the power base of u.s. politics and. this is a very very scary virus you don't it that people are going to go back to work and there could be worried about texting. infections in mexico near their peak but our official numbers concealing the real extent of the crisis. could have you with us welcome to the program saudi arabia has announced tough new austerity measures aimed at shoring up state finances which have been battered by low oil prices and the coronavirus pandemic from july the 1st it'll raise value added tax from 5 to 15 percent it will also cut up to $26000000000.00 from government infrastructure upgrades including crown prince mohammed bin

special fly it's been chartered to bring in experts from singapore cup the u.a.e. and saudi arabia the goal is to bring home at least 400000 citizens indian naval ships have also been deployed to get people back from the mall to use many indians have been stranded abroad due to coronavirus travel restrictions will visit with them with more now from new delhi. the 1st of 2 flights touched down between the united arab emirates and the southern state of care that on thursday night and more have followed today landing in the capital new delhi in india administered made this is what's being called phase one of a full face operation that will take all of may and maybe 15000 people will be brought home from 12 countries all 64 flights but hundreds of thousands of indians have registered to come back to put that into context the united states is for patrick at something like $80000.00 and european nations together something like $65000.00 and it's not just planes naval warships are involved to have arrived in to bring something like a 1000 stranded indians back everyone a screened before and a

agrees to cut production as well russia said no. and so top producer saudi arabia retaliated by announcing a production increase instead sparked a price war lasted nearly a month prices dropped below $20.00 a barrel also in riyadh did resolve their differences eventually agreed to gradually cut production by $10000000.00 barrels per day but as american producers which may have been hurt most by that price war new member when the prices for u.s. crude collapsed on april 20th briefly they went into negative territory for the 1st time ever saudi arabia and kuwait say they have slashed their output ahead of the may 1 production that. it seems the deal to cut output may have actually only happened because president donald trump reportedly pressured saudi arabia and implied the u.s. may withdraw its military support from riyadh if the cut didn't happen i am a binge of aid and this report. oil and water do not mix but politics in oil bond very well there is no official transcript of the conversation between the u.s. president and the saudi crown prince which resulted in saudi arabia's

. you have been to the say saudi arabia has deported hundreds of somali refugees to their side of the border who they say the group of more than 800 is now being quarantined in the area of. of called on aid agencies to help saying they don't have the capacity to look after them all behind our top has more from some of. the hold these run supreme council for humanitarian called the nation has called on the refuse commission to uphold its responsibility before the this big number of refugees that have been deported by the saudi arabia to the has been where the hold these have. set up. what he can say as salacious and center for them as the afraid that the could could be infected by the cold in 19 as the country couldn't tolerate another battle on another front the yemenis here are the most vulnerable society especially over there 5 years of war has really impacted the humanitarian and economic situation here in the county there is a big number all for refugees in yemen they are traveling through yemen to saudi arabia from saudi arabia to europe and america as the believe that the travel

this month about saudi arabia was about oil prices. now this is all par for the course for this president and this administration when it comes to kingdom of saudi arabia. trump has been slavishly devoted to the saudi regime. even before he was elected he told us why. >> saudi arabia, i get along great with all of them. they buy apartments from me, they spent 40 million, 50 million. am i supposed to dislike them? i like them very much. >> of course, i like them. they buy my stuff. he broke a long-standing mission, remember the orb, remember the sword dance? can you picture donald trump dancing with any world leader in the g-7? here's the thing about donald trump, interesting factoid. he has vetoed a total of seven bills in office. four of them, the majority were to protect arms deals to saudis that allowed them to continue prosecuting a ghastly war in yemen that has killed 100,000 people and basically no one in congress supports anymore. some of trump's most disgusting actions have been when he vouchs for the saudi crown prince even after the cia said he had his henchmen murder

around 200 refugees from. from around the world. trying to topple the. saudi arabia and answers tough new all sturdy measures as it deals with falling oil prices and the coronavirus pandemic. the whole raman you're watching al-jazeera live my headquarters here in doha also coming up a big tourist attraction in china is back in business even as new coronavirus cases are reported in blue one. and a partial reopening of the main airport in the philippines so far as can get out and ex-pats back in and the trusted face of america's a virus crisis is in quarantine as infections hit the power base of the u.s. politics. this is a very very scary virus you know that the people are going to go back to work and they're getting worried about their eggs. have you with us and welcome to the program saudi arabia has announced tough new austerity measures aimed at shoring up state finances which have been battered by low oil prices and the coronavirus pandemic from july the 1st it will raise a value added tax from 5 to 15 percent it will cut up to $26000000000.00 from government infrastructure

have only happened because president donald trump reportedly pressured saudi arabia implying the u.s. may withdraw its military support from riyadh if it didn't go from a summer binge of a. oil and water do not mix but politics in oil bond very well there is no official transcript of the conversation between the u.s. president and the saudi crown prince which resulted in saudi arabia's latest oil production cut reports suggest president all trump told muhammad bin sole man that u.s. forces stationed in the kingdom could be withdrawn if saudi arabia did not stop flooding the market with cheap crude within days riyadh announced production cuts and ended its oil price war with russia. in g. 20 members including in norway have already announced cuts in output but questions still remain over compliance the us president has taken credit for the nearly 10000000 barrel cut by oil producers which comes into effect on friday i think i got them to cut. maybe when you say. well they say 10 they say 10000000 but i think it's 15000000 barrels i even heard. saudi arabia and russia's failure to agre

wrote about this and this is al jazeera live from doha also coming up saudi arabia slashes budgets and increases taxes as it deals with record low oil prices and the coronavirus pandemic. a missile mistake by iran's navy 19 sailors are killed as a warship hits a vessel from its own fleet. and accused of a role in his wife's murder the city's prime minister is about to face a united move to throw him out of power. some of the european countries hardest hit by corona virus are opening up a loving millions to travel to work visit family and go shopping france has been locked down for 8 weeks but people can now return to shops and hairdressers and take public transport after its lowest number of deaths in 7 weeks much of spain is opening outdoor cafes churches and mosques turkey is opening a shopping centers and schools will restart in the netherlands and russia president putin has announced that economic restrictions are being eased from tuesday even as another surge makes it the country with the 4th largest number of cases. india is restarting part of its train system despite a jump

. but i mean this is al-jazeera life and also coming up saudi arabia slashes budgets and increases taxes as it deals with record low oil prices and the corona virus pandemic. on the move again france and spain start lifting some of the toughest restrictions in europe. a lot from attacks on civilians with nowhere to go syria and russia accused of committing war crimes in rebel held areas. so an accidental missile strike by the iranian navy on one of its own boats is killed 19 sailors it happened in the jasc a region on the gulf of oman where iranian naval exercises were taking place as a port vessel was hit when it got too close to a target there are regular exercises held in the region near the busy strait of hormuz if more of this let's bring in our correspondents embedded robbie who study by in tehran as a details were sketchy but we get a little more information now. that's exactly right we know that this incident took place ringback in the gulf of oman in the waters close to the strategic strait of hormuz earlier yesterday approximately 24 hours ago we've been hearing murmurs s

sense that we're and this is nothing to do with saudi arabia this has to do with other countries frankly much more we have the most powerful military in the world and some thoughts from samuel romani now a middle east analyst and regular contributor to both the washington post and foreign policy magazine he told us that withdrawal has more to do with saudi arabia's oil price war with russia i think the idea and this is largely really. an ongoing saudi oil price for russia which indirectly relates us shale gas over the past several weeks is not a lot of pressure for our public and think it's to eventually produce that on competition or actually in saudi arabia. i think the secondary factors could be the u.s. needs you know we don't climb we're darcy's towards egypt's immigration as tensions as lately china and also the belief that he ran it was something of a backfire and in syria is receiving your israeli air strikes it's a military force in iraq in fracture and also deals with the combined impact of thank you and i would be very well right for the primary actor and he's a child

. this is al jazeera live in doha also coming up is saudi arabia slashes budgets and increases taxes as it deals with record low oil prices and the coronavirus pandemic . to europe begin reopening after weeks of lock downs and restrictions to stop the spread of a coronavirus. the philippines reopens its guys to international flights but imposes strict measures in light of the plant and. we begin in iran where there are fears that dozens of people could be dead after a naval ship was mistakenly hit by a missile during an exercise is confirmed the accident killed one sailor state t.v. says several others were injured it happened when a support vessel got too close to a target during iranian naval exercises in the jasc region of southern iran let's speak straightaway to zain but ravi whose life for us in tehran and the details very sketchy at this point in time what more information if you managed to gather. that's exactly right and it was a lot we knew it was a lot and don't know get into it now cation of this incident was in the gulf of oman just at the mouth of the point in the area whe

. the pboc pledges stronger monetary policy. saudi arabia confronts its own predicament with slashing of spending and tripling vat's. the european commission threatens to sue germany. --sident ursula von warm welcome to the show. the agenda has been set. more stimulus from china and japan. negative interest rate policy is exploding across the u.s.. to the market, april fed funds futures for 2021 skirmishing with a negative. according to jpmorgan, you should. there is a big bet negative rates could go to -45 bips in 2021. the dollar, what are the consequences of nirp. therest-rate policy on dollar would be the dollar living on borrowed time according to standard chartered. dissipating.ial is we are rolling over. dollar-yen, more news of more stimulus from china and from abe japan could do more helicopter money if needed. the dollar rises, the yen falls. have a look at the rest of markets. what is the biggest risk of the morning? asian stocks rise on the stimulus discussion, sms -- s&p futures up. but the nasdaq takes it all. let's kick off the discussion on the coronavirus response from a