A new era in commercial space travel. And the refugees and migrants bringing a new and personal touch to exhibitions of artifacts in u. S. Museum. People around the world are facing heavy new coronavirus rules and restrictions governments are trying to stamp out rising infection rates while avoiding the full economic shutdowns they imposed earlier this year a global tally from Johns Hopkins University Shows the number of cases hitting 18000010600000 have recovered and about 690000 people have died on kong believes its dealing with a 3rd wave of Health Workers from Mainland China have been sent in there to help however as difficult pollen reports their arrival is also provoking concern and suspicion. Hundreds of beds ready for patients a hole next to the International Airport once used for exhibitions and conventions now converted to a hospital hong kong is facing its 3rd and worst wave of corona virus with daily new infections in the triple digits the government says hospitals are reac
A Historic Mission for 2 nasa astronauts heralding a new era in commercial space travel. People around the world are facing heavy new coronavirus rules and restrictions governments are trying to stamp out rising infection rates while avoiding the full economic shutdowns they imposed earlier this year a global tally from the Johns Hopkins University Shows the number of reported cases edging towards 18000010600000 have recovered about 690000 people have died its estimated that more than 200000 of those deaths are in latin america mexico has overtaken the u. K. With the 3rd highest confirm number of fatalities after the United States and brazil the Mexican Government did begin lifting restrictions in may to restart the economy its looking like it will have to reverse that course has more. Her new cases of corona virus show no signs of slowing down in latin america. In argentina which had largely kept the outbreak under control this is meant a return to lock down restrictions for 2 weeks a
Annualized basis. Slightly less bad in the estimates. They do expect a contraction of more than 20 . Nonetheless, the nikkei up 2 . You looking at u. S. Jobless claims and payroll, adding urgency around stimulus in washington. The snp active futures in the u. S. Up 1 10 of 1 . The dollar still a big story in terms of the weakness. 6. 97 . Offshore at stronger data suggesting the economic recovery in China Remains on track your the bloomberg dollar index flat. This is what is happening with the dollaryen, flat essentially. The pound on a tear. Have a the boe that will meeting thursday and no action is expected. We will look at some of the commodities as well. 56,10 year yield below yelled at 55. Today we are expected to get details around a treasury in cash issuance and the economic recovery plans in the united states. Thats whats happening with oil at 43 a barrel, down 6 10 of 1 . Lets get to first word news with Karina Mitchell in new york. Karina global coronavirus cases have topped
July. It is the last week in july and we are running out of Unemployment Benefits and the rent is due august 1. There is a lot going on. Francine we will spend a lot of time on that. Lets get to first word news gupta. Itika group unveileditch mcconnell the new relief package, listing unemployment to 70 of prepandemic wages. Makes to pelosi panned that proposal. Health officials around the world are getting a reminder of how tough it is to permanently stamp out coronavirus. They are grappling with second waves of the pandemic. China reported the most cases since midmarch, and spain is scrambling to stay ahead of new outbreaks. Posed a new imposing new quarantine on travelers from there. Will stay near zero for a longer while. Policymakers open the twoday meeting tomorrow. The last day they met was in early june. Florida and california have yet to see the surges have that if that that have afflicted them since then. China eagle authorities following the closure, the latest development in
The u. K. Does a uturn and bans huawei the u. K. Does a uturn and bans huawei from its 5g network. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of june coming in at 4. 3 . Now, this is lower than the estimate of 4. 5 . The Unemployment Rate falling from the previous month. We have seen a little bit of strength in the south korean economy with more positivity coming from that ramp up in government job creation efforts. Still, we have those negative effects from the pandemic with the hardhit hospitality and Retail Sectors continuing to reel. South korea losing jobs. Those removed in june from a year earlier. Still, the Unemployment Rate falling to 4. 3 . Lets get a quick check on how markets are trading at the moment. U. S. Futures rallying. We have after the market closed more positive news when it comes to the vaccine front from motor and a. In the regular session, we saw u. S. Stocks posting their biggest gains in more than a week. 7 . Thi