Euro bailout investors price in the prospect of negative interest rat rates after opening the door to the policy of course we are keeping it to where the access would be a very warm welcome to street signs. Weve got some fresh data coming through. This is flash pmis as a whoeld. The flash manufacturing pmi for may has come in at 39. 5 up from 33. 4 in april in terms of the composite number for the eurozone, that has come in at 30. 5 up from 30. 6 in april the services pmi which has been the hardest hit sector as a result of the lockdowns. That has come in at 28. 7 up from 12 in april, we already had france and germany come through and we have the overall eurozone number. One other thing, one of the key kpoen nants here, the new business pmi has come in at 28. 4 in april an uptick there. Contraction did ease in may but still very sharp we have the euro trading slightly weaker versus the dollar this morning. Lets bring in our first guest Chris Williamson geoff and steve also with us chri
Are profiteering on the back of migrants. Can you talk about that is one of the opening points in your book . The work you are doing is so important to in my in the American Public about the vice grip the cartels have at the border. So one of the things that is really important to eliminate in chapter one is the Caravan Cartel that they could not do it alone not just to have explicit conspiratorial is out there to make billions of dollars of profit to endanger lives and wreaking violence and havoc but the fact that benevolent charities and religious organizations that may think they are doing good deeds and of course we know about the kinds of roads that good intentions pay but those religious organizations on both sides of the border are enabling the drug cartels to make as much cash as they do. We have seen the ill legal alien caravans come into your state and beyond. And the support money that subsidize the shelter networ network, especially churchgoers is from their own pockets and
Thanks, and welcome everyone. When we held our First Virtual Discussion Forum six weeks ago, i dont know if we would have imagined this would become, as it has, such a wonderful ongoing series. We are incredibly fortunate to be able to draw upon a network here at jackson of our senior fellows, faculty, and our friends. One such former senior fellow is sir general graeme lamb. Graeme has taught at jackson for number of years, is a retired army officer who served for 38 years, including as commander of the field army. General lamb is a renowned expert on leadership, on crisis planning, and counterinsurgency. He served in Senior Leadership roles in iraq and afghanistan alongside the u. S. Generals petreus, crystal, and mattis, further cementing that special bond that connects the United States and united kingdom. Graeme is a dear friend and i am grateful he has taken the time, along with your friends over your right shoulder, in the cool helmet, to join us. We are delighted today to be jo
Ready and waiting. Jerome powell says the fed is willing to use all weapons to combat the coronavirus downturn. Philip lane says the ecb is prepared to boost bond buying. Andrew bailey testifies in front of lawmakers today. A lot of centralbank action. Global coronavirus cases near 5 million, as one report throws cold water on modernas vaccine testing. That is what drove stocks lower yesterday and now we see futures down here, up in the u. S. And asia, say mixed picture. J. P. Morgan joins a Goldman Sachs in saying that further quantitative easing is needed to cap bond yields. The u. S. Is so strong a billion dollars of 20 year treasuries today and it looks like a lot more supply is getting mopped up by the central bank. An hour away from the start of cash equity trading in europe. Take a look at the picture here. Arrowslooking at all red in terms of futures, euro stoxx, ftse futures and dax futures are down. If you take a look at the u. S. Futures picture after the downturn yesterday,
A show of solidarity and american resolve, honoring all who are keeping this nation if moving forward through the Global Pandemic on the front lines of the battle in our health care and hospitals and clinics. Todays mission the first of several across the country planned for the next few weeks. Our thanks to the air force, the navy acrobatic teams and all they honored today, all the Great Health Care workers battling against this pandemic. President trump and his administration preparing for parts of the country to get back to work as soon as its safe to open for business. President trump today in the white house east room touted some of the success of the Small Business administrations paycheck protection program. That program, after having its funds replenished by congress, approving nearly half a million new forgivable loans worth 52 billion just since yesterday morning. President trump added the program has saved 30 million jobs and will help this countrys economy quickly, quickly