We understand the differences and similarities of cultures across the sentimental value taking. Bring you the news and Current Affairs that matter to you. Shall carry this is counting the cost on aljazeera or look at the world of business economics this week famines of biblical proportions the coronavirus says and its a Global Economy and supply chains with nations under lockdown so what does that mean for food supplies. From the richest nation where low paid farm workers fear they could be victims of the pandemic to one of the poorest nations zimbabwe and its need for food aid. As italy and spain start the tentative process of lifting the lockdown can the European Union finalize a trillion plan to revive the economy. From Health Crisis to food prices the coronaviruses of ending the world as we know it United Nations World Food Programme is warning of multiple famines of biblical proportions as tens of millions are plunged into starvation long before the pandemic the agency had been wa
Until 2021 . Money in the bank as some americans wait for checks in the mail, the Treasury Department says 80 Million People have received their direct deposits, so many checking their accounts, it crashes several bank websites. And news tonight on those Small Business loans the 350 billion almost gone, the nationwide steakhouse that gets 20 he local pizzahe local pizza shop still waiting for help. And those quarantine workouts creative ways people staying at home are staying in shape. This is the cbs evening news with norah odonnell, reporting from the nations capital. Odonnell good evening, and thank you for joining us. Tonight, President Trump says data shows the u. S. Has passed the peak on new coronavirus cases, this as a battle is brewing across the country over how and when americans can get back to work. The virus is still taking a deadly toll. There are now more than 2 million confirmed cases worldwide. Worldwide. More than 600,000 are in the u. S. , where deaths have surged p
Australia, counting down asias major market opens. Shery the top stories this hour. The u. S. Stock rally hitting a wall following hot jobs data. The s p 500 has its worst day since april, the vix of the most in five months. Haidi u. S. Companies added more jobs in july than expected. Inc. Of america reversing its outlook for a recession. Shery Brazil Central Bank cut its key rate by 50 basis points. U. S. Futures coming online in the asian session, Downside Pressure in the new york session, asher on u. S. Stocks and bonds. This on investors having to digest high job numbers and treasury debt issuance. The day after the Credit Rating downgrade of the u. S. This coming at a time when we continue to see the treasury selloff. We are talking about yields reaching new highs, the 10 year yield at the highest level since november. An upsurge in the yields earnings. It led to more momentum. It is still earnings season, 169 s p 500 Companies Reporting earnings. Qualcomm being the latest. The Do
it s 10:00 a.m i m lindsey reiser at msnbc headquarters in new york we re following a lot of breaking news on this busy monday morning, including president biden assuring the country our financial system is safe amid heightened fears of a banking crisis after the collapse of both silicon valley bank and new york-based signature bank americans can rest assured that our banking system is safe. your deposits are safe let me also assure you we will not stop at this we ll do whatever is needed. the government is taking extraordinary new steps to ensure customers will have full access to their money, a major move by the treasury and the federal reserve to shore up the banking system and prevent the panic from spreading to other banks. plus, a promise no losses will be shouldered by taxpayers and officials will hold the people responsible fully accountable. more on this in moments and what you need to know about your money. plus, no-show. donald trump s lawyers say he wi
Our top story this morning, President Biden touching. Down in israel. A single blast in a hospital in gaza killing hundreds and israel is letting hamas and hamas is blaming israel. The exposing explosion threatening to tip things over the edge. Pres. Biden based on what i have seen, it appears it was someone on the other team. There are a lot of people out there. We have to overcome a lot of things. Jon the stakes for this trip cannot be hired. How do you ensure aid gets to gaza and civilians are kept out of harms way . President biden has arrived here in tel aviv and he was greeted by Benjamin Netanyahu. This is a very different trip then joe biden planning to do for hours ago, this was a twolegged trip originally. First in tel aviv and the second in jordan. What can joe biden achieve . You can suppose you can show support for the israelis. Chuck schumer was here in this building a few days ago. We understand to client 2000 soldiers on high alert but the third bid, the diplomatic side