A matter how it welcome a u. Latest meeting in brussels are hoping to breach agreement on a number of difficult issues a joint approach on turkey and how to distribute coronavirus recovery funds among them delegates are also hoping the 2 day summit will break a deadlock of a potential sanctions against Bella Bruce Europe is in agreement it needs to act against president Alexander Lukashenko but faces determined opposition trying to win the one remaining vote it needs from cyprus. He has become the end like essential if attention at this 2 day summit in brussels nick us and asked us yeah this the president of cyprus has caused a big stir lately cyprus is long been the only amendment states opposing sanctions against valorous officials. And the e. U. Requires a unanimous decision to impose those measures as leaders say the e. U. Risks losing credibility if cyprus continues to block the sanctions the situation. Is deteriorating the shaft continuing. Crites we have to train people to track
Caught my eye was the 3600 number that is where we are going according to Goldman Sachs chief u. S. Equity strategist david he wrote that the fall and the equity risk premium will be partially upset by a rise in bond yields, but the combination will ultimately boost the s p index by 3600 at by yearend and 3800 in 12 months time. It represented significant increase driven by valuation. Joining me now, Chris Watling longview, chief Market Strategist and ceo. A pretty bold call, chris. What do you think . Chris it is doable. It is not implausible. I think it depends on how much policy keeps on generating stimulus how much the policymakers keep on giving, if you like. We have seen congress go into recess. We have half had the package, half not, with the executive orders. Clearly the fed is giving and will continue to give. There is a lot of utility in the world can we keep getting stimulus packages. Singapore did something over the weekend, not a major player, but it is noble. There are cl
Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panel of Witnesses Today is the economic and security subcommittee. He focuses on the very important topic that i think has a lot of bipartisan interest in. And that is the economic and geostrategic challenge that the rise of china poses for the United States. Much as today, but in the future. China, communist party, Peoples Republic Party of china. Unfair trade practices, intellectual property theft and market manipulation and very prominently in my view, m nonreciprocal treatment. Not just an economic room but in many realms. It has been a force in the Global Economy that undercuts the resiliency and strength of the u. S. Economy. China has been one of the worlds Fastest Growing economies. Averaging close to 10 percent growth from 1979 to 2016. In 2014, china was the Worlds Largest economy and nursing power bases according to the international monetary. I believe there is a strong bipartisan
Us, and we are committed to doing better. Tonight the states Top Health Official admits his team blew it. Californias coronavirus case counts are off because of a Computer System failure. And now the investigation into how this could happen is under way. Good evening. Thank you for joining us. The system broke down, or i should say break down comes as the state records 10,000 deaths from covid19. Abc 7 News Reporter melani woodrow is on the story. Reporter for months californias leaders have emphasized they are making decisions about reopening based on science and data. Now a bombshell announcement. Our data system failed and that failure led to inaccurate case numbers in case Positivity Rates. It also prevented counties from having some of the data they need to monitor and respond to the virus in their communities. Reporter secretary dr. Mark ghali says most are coronavirus test samples. He says no changes to californias response policies were based on the incomplete data. Also, that
Easy. Tonight at 11 00 well have the details of a drug ucf doctors are adding to their trial for covid19 patients helping them fight this virus. Hundreds of thousands of cases stuck in a county backlog. Not just a technical issue experts say it presents a Greater Health issue. Welcome to the new normal. Live music at the Alameda County fair grounds. Youll feel the heat this weekend. Ill have the temperatures coming up. Abc 7 news at 11 00 starts right now. California now the third state where covid19 deaths have exceeded 10,000. More than 8,400 new cases were reported in the last 24 hours but the states numbers have been inaccurate for a week. Thats because of a Testing Backlog thats in the hundreds of thousands. You deserve better. The governor demands better of us, and we are committed to doing better. Reporter abc 7 reporter amanda del castillo has more on this technical glitch. California Health Leaders are blaming the states massive backlog of test results on two issues. A july 25