Economy and hong kong a top of the agenda and an appetite for business our vendors at malaysias ramadan bazaars are finding new opportunities despite coronavirus long time restrictions. I am. A new standoff is brewing between the United States iran and venezuela over a shipment of millions of dollars of fuel 5 Iranian Oil Tankers are just days away from arriving in venezuela to help ease petrol shortages that his way his own Oil Refining Industry has collapsed because of sanctions as well as mismanagement alexey obrien reports. In the venezuelan capital caracas the queue at the petrol station can last for days. This is the richest country in the world and we should not be like this because there is wealth there is oil there is everything the shortages have plagued venezuela for years ever since its 1300000 barrel a day refining network collapsed which critics blame on underinvestment and mismanagement by the state oil company now president Nicolas Maduro has turned to iran for help for
New hope for a covid19 treatment. The data shows that remdesivir has a clearcut significant positive effect in diminishing the time to recover. How long until we have a treatment or a vaccine ill to Sir John Bell from Oxford University, where a promising vaccine study is well under way. Declaring victory . I think when you ask how did we do . I think they with a spectacular job reporter with more than 60,000 dead and 30 million out of work, is the Trump Administration risking its own Mission Accomplished moment . Vlt joe biden takes the lead in the battleground states but calls are calling for investigation into his accuser tara reade. Here is a look at my upcoming guests welcome to sunday. Its meet the press and our continuing coverage of the coronavirus pandemic announcer this is meet the press with chuck todd good sunday morning. It was on january 6th that the cdc first issued a travel notice for one china. Consider what has happened in less than four months time more than 1. 1 mill
Futures indicating gain at start of trading. Take a look. Dow industrials up 38 points on top of rally yesterday fueled by a rise in oil prices. All the major indices higher this morning. Oil prices adding to yesterdays gains as well. Take a look at yesterdays close. Dow industrials up 456 points. Other averages also strong, oil prices this morning 1. 95 at 1573 creeping back higher on oil. Reopening the american economy, lockdown easing in some areas of the country bringing cheers to some and concerns to other including the white house. Most if not all of the economy will open later this summer. Secretary of state mike pompeo meanwhile blasting china and the World Health Organization saying they need to be held accountable for lack of transparency as the focus remains on the lab in wuhan as the origin of virus, something ive been putting a spotlight for months. Meanwhile missouri is filing a lawsuit against the Chinese Government. Attorney general eric schmitt, 7 30 a. M. Eastern on G
Drowning in debt as never before ballooning government corporate and even Household Debt piles have some experts sounding the alarm on a potential debt bomb coming we have more on that in just a minute yes we do as you mentioned, energy helping to lead thisrally higher dont look now but the tech sector just turned positive for 2020 lets get to bob for more on the markets. Bob. Sdp you youre right. Who would have thought nnenergy was a break out. Yes the green chute story still per va prevails volume is light. Theres the s p near the highs of the day energy, i know you think this is crazy but energy is on the verge of breaking out to the highest levels since the whole thing started falling apart. Nice moves up here they look like vs. These charts right now i know that sounds crazy but the big story is tech. The technology s p sector, the largest sector in the s p just on the verge of turning positive for 2020 i said this many times when you get facebook, apple, amazon and microsoft up a
New hope for a covid19 treatment. The data shows that remdesivir has a clearcut significant positive effect in diminishing the time to recover. How long until we have a treatment or a vaccine ill to Sir John Bell from Oxford University, where a promising vaccine study is well under way. Declaring victory . I think when you ask how did we do . I think they with a spectacular job reporter with more than 60,000 dead and 30 million out of work, is the Trump Administration risking its own Mission Accomplished moment . Pole vault jot calls are calling for investigation into his accuser tara reade. Here is a look at my upcoming guests welcome to sunday. Its meet the press and our continuing coverage of the coronavirus pandemic announcer this is meet the press with chuck todd good sunday morning. It was on january 6th that the cdc first issued a travel notice for one china. Consider what has happened in less than four months time more than 1. 1 million confirmed cases of covid19 have been diag