A lot to get to so lets get started. U. S. And European Drug makers are now pledging to prioritize safety as the main focus in the corona Virus Vaccine Development will mine a leading Vaccine Developers made a historic pledge to uphold the integrity of the scientific process as they work toward potential global Regulatory Filings and approvals of the 1st coated 1000. 00 vaccines well the companies include pfizer johnson and johnson and astra zeneca to name a few this comes as americans brace for a 2nd wave as experts predict more infections following a Holiday Weekend as we approach flu season all meanwhile india became the worlds 2nd worst hit country just behind the u. S. Where more than 90000 cases were reported in just 24 hours pushing india prosperous. Hill with more than 4200000 cases and europe is seeing its 2nd wave as spain set a new daily record of more than 3700 new cases in just 24 hours this is the biggest count since the country came out of that Strict Lockdown and with S
A Holiday Weekend as we approach flu season all meanwhile india became the worlds 2nd worst hit country just behind the u. S. Where more than 90000 cases were reported in just 24 hours pushing india pos residual with more than 4200000 cases and europe is seeing its 2nd wave as spain set a new daily record of more than 3700 new cases in just 24 hours this is the biggest count since the country came out of that strike lockdown and with School Starting to reopen director of the coronation center for Health Alerts and emergencies said the country needs to be alert and vigilant. Going to give them the schools are now openings some have already opened most schools are opening this week in a staggered way and others open next week we should see the impact of these reopening at the end of next week or the start of the week after that we need to be alert and vigilant the regional governments are very aware of what could happen we hope it will not happen in france and the u. K. Will they also sa
And irelands Pascal Donahoe is chosen at the next eurogroup president. He says the focus is to bring back jobs. I will play my part in working with all members of the eu eurogroup to make sure this group makes the contributions. The challenges are great but we will prevail and will overcome we kick off the show this morning with a major oil report crossing the latest is that the organization has bumped up its 2020 Oil Demand Forecast today but it has warned that the spread of covid19 has posed a risk to the outlook. Steves been pouring through this document and has all the analysis ill be honest, not every page i think its 81 pages i have from our friends at the iea. Its pretty much what the doctor told us oh, gosh, we interviewed him on stn a few weeks ago. The situation at the moment is its halftime in the year, of course theyre hoping for better out of the second half of the year. The commentary is casting a shadow and quite interesting. Saying, look we think things are going to reb
Bring you insider insight on the decision and what lies ahead for the u. S. Central bank clutched at the Federal Reserve has propped up markets in the u. S. It is posed an interesting issue for a major debt holder china and later the race is on for the head of the World Trade Organization and the European Union is weighing in we bring you the latest on the run with a packed show today so lets dive right in. And we leave the program with the latest policy update from the Federal Reserves federal open Market Committee as expected fed chair Jerome Powell announce Interest Rates will hold near 0 through 2022 but the real question has been what action will the fed take moving forward. Since march weve been purchasing sizable quantities of treasury and Agency Mortgage backed securities you know to support the smooth functioning of these markets which are vital to the flow of credit in the economy. And our ongoing purchases have helped to restore the Market Conditions and have fostered more a
It is posed an interesting issue for a major debt holder china and later the race is on for the head of the World Trade Organization and the European Union is weighing in we bring you the latest on the run with a packed show today so lets dive right in. And we leave the program with the latest policy update from the Federal Reserves federal open Market Committee as expected fed chair Jerome Powell and mts Interest Rates will hold near 0 through 2022 but the real question has been what action will the fed take moving forward. Since march weve been purchasing sizable quantities of treasury and Agency Mortgage backed securities you know or to support the smooth functioning of these markets which are vital to the flow of credit in the economy. Our ongoing purchases have helped to restore the Market Conditions and have fostered more accommodative financial conditions as market functioning has improved since the strains experienced in march we have gradually reduced the pace of these purchas