Particular the segments of the economy that use it now with regards to this of course the safety and protection of personal data has been paramount its good for concerns that Many Russians as the country increasingly moves towards a Digital Economy and the president was clear that the balance needed to be struck between making that digital progress and protecting peoples data protecting peoples information in particular to do with data leaks. I ask the government to promptly present a bill allowing the creation of draft laws for using ai across economy sectors and also present the strategy of how to use e. I. In practice so that it helps for example doctors at the same time all risks of personal data leaks should be prevented human rights should unconditionally be observed. Now those proposals that the president mention is that they could come as early as next year or early 2021 while he will put forward proposals to grant Ai Developers access to Government Data something that will of
Fighting, but its probably the air conditioner. Lets get to the news. When asked, in a new interview, if he had told staff to slow down coronavirus testing, President Trump said, quote, if we did slow it down, we wouldnt show nearly as many cases. The guy is so bad at lying thats like if your parents asked are you high, and you said, you know, marijuana is legal in several states. Following President Trumps use of the offensive phrase kung flu to describe the coronavirus, White House Press secretary Kayleigh Mcenany defended trump yesterday and said trump is, quote, linking it to its place of origin. The same reason trump refers to mcenany as liar factory. President trump gave a speech today in arizona to a group of young republicans. Of course, in arizona, the term young republican refers to anyone whos only wearing one knee brace a megachurch in phoenix is facing skepticism ahead of President Trumps visit after it claimed to have installed a ventilation system that, quote, kills 99.
The coronavirus crisis. Restaurants like the one were in are open for Outdoor Dining today. Some of the retailers are allowing people to come in to their stores and the playgrounds are open once again for children. So its progress. Still there are challenges. Will people feel comfortable coming back out into the world after three months of lockdown . And will others who have left this city completely moved away, now think about returning . Were going to cover it all, all angles from here, once the hottest of the hot spots. While we take a close look at other parts of the country that continue to report concerning spikes in virus cases. All that coming up. We start you off with phil keating in miami. That is one of the areas the experts are worried about. Phil has the latest on the virus for us. Phil. Reporter hey, connell a another record breaking week for the state of florida as far as new coronavirus cases go. 4,000 for the first time a record high hit on saturday. Then today, at 11
Part of that down to the uae and kuwait deciding to cut production. Haslinda chinas factory gate prices fell while consumer inflation eased, pointing to weak domestic demand. Bloomberg markets coanchor Tom Mackenzie joins us from beijing. Take us through the key takeaways. Thatthe top line is Producer Prices fell more than expected. 3. 1 compared to a drop of 1. 5 in march. That does suggest weaker Commodity Prices. Going forward, Bloomberg Intelligence expects that deflationary picture to continue given that the economy will remain under pressure and we have pretty weak demand. That raises questions about the possibility of these corporates and their ability to pay down debt. Consumer prices rose 3. 3 . Poor crisis continue to rise at a slower pace. Pointing to a weaker demand picture. It is going to reinforce the case for a more certain policy support. Moderating,pi is the other question is whether this starts to spread internationally as well. They are saying there couldnt be a wors
Halftime report starts right now. Welcome. Its good to have you with us on our wednesday. Jim lebenthal, Pete Najarian and from naples, florida, lizann sonders. Highs of the day, approaching big numbers, dow 30,000, nasdaq 10k, not that far away and cooperman weighing in on the state of stocks, telling us its not time to worry, yet. I would say were in the early stages of knocking on the door of euphoria but not quite euphoria certain parts of the market, like tesla, are in euphoria. Other parts, like energy, are in pessimism. These big numbers not all that far away, pete. All good, the market depends on what were focusing on. Are we focused on the coronavirus . If so, we go down. Generally were focused on earnings and we go higher. Thats where the market has been trading. Yesterday was interesting because apples with a little bit of both, right you look at apple. It was getting pushed down because of their guidance about what they were facing right now, what they were seeing Going For