Investors concerned about rising Coronavirus Infections and what that means for the recovery. Global deaths are approaching one million with record cases in france and the u. K. The Trump Administration given an ultimatum over tiktok to delay a ban or respond in court. Ban isnt trumps due to take effect on sunday. ,aidi it was a meandering confused session in the u. S. Investors seemed to be trying to work out where the lead was. Investors weighing the scanned prospects of another stimulus package against a resurgence, the second wave we are seeing across europe and the u. K. Modest gains but the s p has wiped out all of its gains for 2020. Futures trading up by. 3 at this point. When it comes to the asian trading day ahead, the nikkei 225 regaining a little bit of positivity. Modest gains of. 1 , trading in the futures session in chicago. In sydney, we are watching as to whether this surge we have seen in growth shares will continue. The msci australia index jumping to a record high c
Because of health issues. Former ldp secretarygeneral Ishiba Shigeru, chief cabinet secretary Suga Yoshihide, and ldp policy chief kisishida fumi are vying for the leadership. But Campaign Activities are being confined to major cities becacause of the coronavirus. Translator i will once again devote myself to regional revitalization. I want to achieve a great reset to rewrite japapans bluepririn. Ototherwise, our country wont able to survive the next era. Translator i vow to keep on pushing forward the policies of Prime Minister abe. The top priority is coronavirus countermeasures. At all costs, i will stop an explosive spread like wewe saw the u. S. And europe and protect the lives and health of the people. Translator i will listen carefully and turn the voices of the masses into political energy. Disparity and division have been growing in japan and around the world. I will tackle this modern issue and foster cooperation. 535 votes will decide the winner next monday. 394 of those wil
For leaving the cia in order to help the community in a different way. Im looking forward to staying involved in the intersection of National Security, education, and technology. And to continue talking about technology, whether that is through the media or working with cuttingedge companies that are working on Artificial Intelligence, quantum. It is super exciting. I also dont believe that these positions in congress were designed to be for 30 years. Ive always said that six, seven, or eight years is likely the best thing. I am hitting that time and decided to go off and do other things. You have written a paper for the Bipartisan Policy Center on Artificial Intelligence, cybersecurity, and legislation. Whats the crux of your paper . Rep. Hurd well, its a series of papers and ultimately will turn into legislation. Its a National Strategy on Artificial Intelligence. We have to go back a couple of years. When republicans were in the majority, i was the chairman of the subcommittee on in
Cash trade. Here are your top headlines from the bloomberg terminal. Trumpa on the defensive. The president stands by his handling of the coronavirus on day one of the Republican National convention. Says democrats are still blaming America First Nikki Haley Says democrats are still blaming America First. The chinese arrives in europe today. Demandsla merkel answers from russia after it was putin critict the was likely poisoned. We have figures crossing the wire right now. The German Economy shrank 9. 7 in the second quarter. The initial estimate was for a drop of 10 point 1 . This is a second look here, and so it looks like it is a little better than expected. Still, of course, a massive drop , the quarter over quarter figure. The yearoveryear figure is a drop of 11. 3 , so a big drop in the german gdp. That the bloomberg economists expect a rebound in the second half, and of fullyear drop of about 6 for 2020. Lets take a look at what futures are telling us after the new record highs
Boris johnson sparked outrage. News out ofing south korea. We are getting the jobless rate falling to 3. 2 percent. The expectation was that the jobless rate would come in at 4. 2 percent so this is much better than expected. We are also talking about the sixth straight month of decline in jobless rates. That 270 4000ring jobs were removed in august from a year earlier. We know that south korea has seen its government really boost those job creation efforts not to mention we could have seen domestic demand being held by the Summer Holiday season and more jobs being available. The government pushing for a fourth extra budget. This is of course helping workers and businesses who lost income due to the latest restrictions and jobless rates. 3. 2 . In for august at watch out for what happens later in the following months given we have seen this flare up in virus cases towards the end of august, haiti. Haidi. Haidi pretty dire numbers coming out and we continue to watch what happens when it