Transit travel permit system after crowds at metro stations. And south koreas election, which saw high turnout, despite the coronavirus. Thank you for joining us. Worlds has he regrets the u. S. President s decision to suspend funding for the agency over its handling of the coronavirus pandemic. Is reviewing. H. O. The impact of the funding withdrawal and will work to fill any financial gaps. Largest is the agencys donor, providing it with 400 million last year. Donald trump halted that funding accusing the body of mismanaging pandemic. When we are divided, the virus exploits the cracks between us. We are committed to serving the worlds people and to accountability for the resources with which we are entrusted. Course, performance in tackling this pandemic will be reviewed by Member States, and the independent bodies in place to ensure transparency and accountability. Focus, isur focus, my on stopping this virus and saving lives. Trumps decision sparked alarm and condemnation. Dangerou
The end of the day. The nasdaq earlier this week daysile, closing down two for the first time in 2018. Overall a bullish tone here. Up four basiseld, points. The havens bonds are selling off , completing a risk on picture. A team of strategist said bank of Americamerrill Lynch say the bonds selloff might be a little bit stretched. We are looking at the 10 year yield in relation to the 200 Day Moving Average, and it has gotten well above the 200 Day Moving Average by about 30 basis points. It tends to move back down to the mean then. So in other words, the 10 year yield might fall back down 2. 3 . In that case, bonds would be rallying and it would be a risk off tone. But today, risk on. Lets look at two of the major winners, intel and abby. Afterat its highest level beating estimates. They gained an optimistic outlook for the Current Quarter for the full year, and some relief for investors that the chip design flaw is not waiting into the forecast. , up 12. 9 k at abbvie after beating a
Face in their lives. Today, i thank you for this opportunity, because i would like to describe to you my agenda. How it would play out in the lives of two hypothetical people from detroit. A Small Business owner operating a auto bill operating an , and a youngop Woman Working at the front desk. As we see, the challenges we face is a result of washingtons failings. Lets call our Business Owner david. A owns a franchise of National Automotive repair company. He has 10 employees. In the past, david never considered himself a political person. He never thought his life was impacted much by what was happening in washington. Lately, his costs have been soaring. When he looked at his books, it was clear why. The cost of equipment. Outdated trade restrictions are preventing his franchise from finding products that are at a competitive price. Washington continues to tax what he invests in modernizing his equipment, despite the fact that our economy needs businesses like davids to integrate new
Dont know because we are sitting here. I just want there are so many things first the Approval Ratings of the president are between 8 and 10 which is extraordinarily low, as we know. There is no indication that will change anytime soon. We have a president at that low a level of approval so the foundations of government are very shaky. Second, that is why there is some protect ability to say i think brazil and the president are breathing easier today than they were before the demonstrations and a lot has happened in the past couple weeks that does suggest a slightly easier path for her but things could change very quickly. The economy really does remain in terrible shape. Every day the news are that the recession will last longer than had been protected yesterday. That the Austerity Program put in place by one of the most respected economists in brazil across the political spectrum is really not working very well. He called for a reduction in the fiscal deficit of a percent and a half
Negotiation and it puts the mont gave up on independence and abide by the spanish constitution thought yeah definitely. That and this collision escalation oliver what does it feel like there in barcelona i mean where does this leave the cattle on leadership or particularly the cattle on president. Well economists put them on the catalan president finds himself in an increasingly complicated situation here tonight he might be realizing that hes walking down this road with a debt and slowly coming to terms that he doesnt know how to return really because hes receiving pressure from two sides here really. No doubt hoyer the spanish Prime Minister who says you know clarify that you and now instead you declared independence there in your speech yesterday and if you do so then well have article one hundred fifty five waiting for you and that will mean an end to the political career of countless bush money would mean and also to the autonomy of the region of catalonia so this cannot be in his