We lead the program with news that u. S. President donald trump and 1st lady maloney a trump have tested positive for cope at 19 the president announced the diagnosis on twitter hours after tweeting he in the 1st lady were waiting for test results following news that one of his top aides hope pics had contracted the virus in a tweet sent around 1 am friday morning trump said they will begin the quote quarantine and Recovery Process immediately adding we will get through this together following reports questions were raised as to whether other Administration Officials had been exposed to the virus Devon Omalley the press secretary for Vice President mike pence issued a statement saying as has been routine for months Vice President pence is tested for coping 1000 every day this morning Vice President pence and the 2nd lady tested negative for cope at 19. Vice president remains in good health and wishes the troops well we recover so with the latest news well lets take another look at the
And health care and social assistance losses came in Government Employment which lost 216000 jobs employment in local and State Government education also fell 5231049000 respectively as many schools remain closed in favor of at Home Learning due to the pandemic now this was the last jobs report before novembers election and it will be introducing to see what happens in october without another stimulus package as we are already seeing tens of thousands of travel and leisure jobs lost in just the last week and with all of this Economic News from the president s diagnosis to a lack of stimulus to unemployment data lets go ahead and see how Global Markets reacted this week were to star in russia where the mo x. Is down for the week the ruble saw some gains midweek on u. S. Stimulus hopes but fell on friday spur bank shares fell 8 percent while shares they fell 3 percent moving to asian markets the shanghai composite ended the week just below flat chinas official manufacturing purchasing Ma
Following news that one of his top aides hope pics had contracted the virus in a tweet sent around 1 am friday morning trump said they will begin the quote quarantine and Recovery Process immediately adding we will get through this together following reports questions were raised as to whether other Administration Officials had been exposed to the virus Devon Omalley the press secretary for Vice President mike pence issued a statement saying as has been routine for months Vice President pence is tested for coping 1000 every day this morning Vice President pence and the 2nd lady tested negative for cope at 19 Vice President pence remains in good health and wishes the troops well in recovery. So with the latest news well lets take another look at the trends and spread of virus globally with our correspondents. Start where are we right or so brian cowen 1000 has now in fact that almost 35000000 people killing over 1000000 out in the u. S. More than 7500000 current firm gait cases while de
To get back to school which side will have the strongest appeal. This is boom bust the one business show you cant afford to miss branch a bore in washington coming up the United States has left new restrictions on china for alleged human rights abuses in the province of shinjiro straight ahead we analyzed for brandon what effect the move will have on global trade routes plus the race for a tobin 1000. 00 vaccine has been condensed in record time causing some uncertainty but are these fears warranted coming up we break down the dash for a cure and a later and boeing stock has suffered in the wake of this probe virus and the 737 mexico introverts were taken. Look at the newest moves coming from the Aerospace Giant its back show today so lets dive right in. And we lead the program with another escalation in tensions between the United States and china as the Trump Administration has banned the import of certain goods from the shin jiang region of the country u. S. Customs and Border Prote
Kristie. Well this was actually a really smart move by the u. S. Because a sweeping ban would have made more of an impact a statement but then you also risk getting challenged legally where things are sure to get shaken loose and released a part of that is because then the u. S. Will be disrupting the whole cotton ecosystem and supply chain and china would surely retaliate with a ban on american cotton which would just escalate things to a whole new level mike montes front but even so many Industry Experts see todays move as deepening the trade tensions already because this is a market move from tariffs on finished products to now also including Raw Materials and commodities so now the u. S. Is moving upstream and thats causing ripple effects across the entire supply chain because sheen downs cotton is a crucial piece of the supply chain as a makes up 80 percent of chinas output and 20 percent of the worlds supply so analysts estimate that 24 percent American Textile and apparel import