Have announced today will provide strong support for the economy. We are saying that roommates rates will remain accommodative until the economy as far along. Leaves stimulus untouched. No move expected either. Todays action could come from south africa as they battle we growth. President trump contradicts his health officials, saying a vaccine could come by october. Deutsche bank says new york city staff can stay at home until next year. 6 00 a. M. In london. Lets get you uptodate with the interpretation of fed speak. Good morning. I take you to ing. Its about the credibility andeen Forward Guidance state contingent Forward Guidance. We got both last night. That makes for more potent situations. Perhaps doubly irrelevant. Annmarie a note this morning saying theres no pleasing some people. What else could the fed have done . Maybe qe. Also talking about the fact, they were saying, monetary stimulus, its time to focus on policies for the real economy. In that moment, jay powell is right
Federal agents into america the president is needed to combat Violent Crime but people demonstrating for civil liberties. Trouble at the chinese consulate in Houston Texas washington orders shut down as the news breaks. Diplomats sensitive documents. Im going to welcome to the program a former nazi concentration camp guard has been given a 2 year suspended sentence for his role in the killing of thousands of people during world war 293 years old was found guilty of being an accessory to the more than 5000. 00 prisoners. In. He didnt sister he wasnt responsible for the killings that took place there the trial is likely to be one of the last of those involved in the holocaust. Were joined now by our Political Correspondent Thomas Sparrow for more thomas whats the political significance of this verdict there as you mentioned already one of the key elements of this verdict the fact that this is one of probably the last cases of the type that were going to see in germany bruno he was 17 at
Employees. Bank of america and Morgan Stanley among big banks reporting. Dow component Johnson Johnson right here. Futures in the red. We are standing by for retail sales and jobless claims this morning at 8 30 a. M. Eastern. Stocks edging higher, Investor Sentiment over covid19 vaccine pushing markets into the green. The dow industrials up 227 points, nasdaq up 62 and s p up 29. The state of travel today airlines in the midst of a sharp downturn as pandemic fears keep travelers grounded at 7 30 a. M. Eastern ill be joined by ceo of delta edward bastian. Plus this, drink up, how moderate Alcohol Consumption can protect against cognitive decline. Mornings with maria is live right now. Maria european markets on the decline. Standing by for the ecb decision for the next hour, rates are expected to stay unchanged. Ftse 100 is down 36 points, new data this morning from the uk shows half a million workers were furloughed in the month of may. Thats in response to the pandemic shutdown. This m
A dominant leader of the baddies that is in the race for the democratic president ial nomination. But we begin with the corona virus that spread to more than 100 countries across 6 continents south korea is especially hard hit more than 200 new cases have been reported there many of them Medical Center in the capital south korea has the highest number of infections in asia outside china the crisis there seems to be easing with fewer new cases and deaths reported the government is allowing some companies to reopen in ruhani the epicenter of the outbreak in the u. S. A number of infections has increased with more than a 1000 now confirmed the National Guard has been deployed and a new york city suburb sealed off after a cluster of cases were reported Persons Health minister is a victim. To the National Health service is contacting people whove been in contact with Nadine Dorries well stephen baba is a professor and political economist at Regents University london he joins us via skype an
A move towards reconciliation in south sudan as rival leaders for me unity government in an effort to end years of civil war. Welcome to the program the spread of the coronavirus is growing outside of china with italy seeing the worst outbreak in europe so far its reported at least 79. 00 cases in 2 deaths most of them in the lombardy and veto regions the government says it will forcibly lock down affected areas in iran a 6 death from krone virus was reported on saturday with 28. 00 infections infected travelers from iran have been diagnosed in canada lebanon the United Arab Emirates china has reported an increase in new infections in the epicenter of the outbreak in here by province they found 630 cases on saturday up from 3. 166 the previous day but more martin about the 1st lets go to northern italy where doctors are struggling to contain the virus as catherine stansell reports. The Lombardy Region of northern italy is in lockdown as more cases of the covert 19 coronavirus are confi