Restriction due to covid19. sime minister trudeau ambitious immigration policies resulted in the fastest pace of population growth in three decades. Despite the Current Border closures, canadas immigration minister does not want to scale back the countrys immigration targets for the coming years, which includes bringing in more than 350,000 new permanent residence in 2021. The wildfires, power outages, and extreme weather ravaging california are taking a bite out of the state economic recovery. Officials say the blazes that scorched more than 4 million acres over the past three years have caused a record 1. 1 billion. This weeks hot and dry weather is reminding residents that wildfires season is not over yet. The coronavirus pandemic has also battered the state, leaving them with a 54 billion hole in the budget. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg.
Today, david. David this no argue about it. We were supposed to have the second president ial debate last night. Instead we got dueling town hall meetings. One moderated by abc news George Stephanopoulos and form Vice President joe biden. The other Savannah Guthrie and featuring donald trump. The contrasts were sharp including the economy and the president s response to the coronavirus. President trump i now it was a big threat. At the same time i dont want to go out and say everybodys going to die. We make up 4 of the worlds population. We have 20 of the worlds deaths. We are in a situation where we have 210plus thousand people dead. Whats he doing . Nothing. President trump we had the greatest economy in the history of our country last year. Including the state of florida where we are now and pennsylvania and North Carolina and every place. We had the greatest economy we ever had. We had to close it down. We saved two million lives. We are opening it up. We have a vshape and its comi
Plan, but Republican Leaders warned the gap remains wide. Mitch mcconnell says the plan contains poison pills. Bloomberg economics cuts its growth forecast for japan, saying the recovery is weaker than expected. This hour brings a survey showing what business thinks. We are getting breaking news crossing the bloomberg. President trump has moved to sign an order which would expand u. S. Mining, citing a threat from china. President trump has moved to expand rare earth mining in particular according to an official. We know china has in recent years have a huge presence when it comes to rare earth mining, which is used from everything from cars to mobile phones. Officials say President Trump has moved to expand rare earth mining for the u. S. There is a political element where union votes will be key going into the election. We will get you more details as they get to us. Lets take a look at the thursday session with sophie kamaruddin. Miers we are watching across the region following tho
Climates inland up to 92 for the inland east bay. Hotter temperatures in the forecast. Mike, youve been keeping your eye on that morning commute. How is it looking. The big picture shows mostly green sensors which we would expect right now. Slowing west 580. We expect that. I think everything should be clear. Back to you, kris. Thank you, mike. More protests, calling for the defunding of the Police Department and dismantling of the Police Department. Today in the bays tracie potts is near washington this morning with how this is being received on capitol hill. Reporter we certainly heard what the protesters have to say about this, kris. On capitol hill, the question, are people safer with more money going to Law Enforcement or to Community Services . President trump now weighing in on that. The rallying cry of protesters nationwide now the latest battle in washington. Should police get less money . We wont be defunding our police. We wont be dismantling our police. We wont be disbandin
In spite of some political leaders claiming that everything is just fine, thousands of brick and mortar stores in Illinois and across the country have closed this year, and we're only at the halfway point of 2024. Let's take a look at who's shuttering their stores forever, and who's taking a long, hard look at doing it, too.