A fast so despite threats of violence and the big tech investment that greece is banking on to reboot its economy in sport, the match up for the last mens tennis final of the year has an unfamiliar look. Not a joke of it should rafael nadal both be knocked out of the a. T. P. Finals. Ethiopian Government Forces are pushing ahead with their advance on the capital city of the northern take grey region. They say they plan to encircle its capital mechanic with tanks and seize it. Its under control of the tikrit Peoples Liberation front. Reuters news agency is reporting the t. P. R. Left is standing firm. Its destroyed, roads and bridges to slow any government offensive. Fighting has forced people to flee for safety. More than 30000. 00 refugees have crossed the border into sudan. Im about, oh, isnt that a stab . Or he says the plot, the plans to surround mcalary seem very advanced. The Government Forces idea yet to reach the outskirts of the city of mccullough couple of the to grow region.
National intelligence John Ratcliffe as we are learning the country is doing human testing to genetically enhance military. Focus on stimulus this morning, Speaker Nancy Pelosi says it will be done by christmas, we will hear from former nyc barrasso and Mick Mulvaney. Marks are lower. We will start the week in the red, dow industrials down 145 points, nasdaq lower by 15 and s p 500 weaker by 16 and 3 quarters. All three major indices up out of the last 5 weeks, last week we are up 1 on the dow and 2 on the nasdaq. Mornings with maria right now. Maria european markets look like this, dax index in germany lower by 63. In asia overnight, markets finish mostly shower. We had Economic Data, that is the fastest pace of exports since february 2018. The growth also helping to generate a 75. 4 surplus. The data, of course, coming from the Chinese Communist party and this has been the big fight between china and the u. S. , the fact that we are buying more products than china is buying from the
Brussels on the Pandemic Recovery plan leaders consider a new proposal will it be enough to break the deadlock. And to government protesters once again descend on the mali and capitol determined to remove the president from power. And the u. K. Suspends its extradition treaty with hong kong in response to chinas controversial new security law. Says the cricket to 20 world cup was postponed until next year because of. Picks were due to japan faces allegations that are abuse of course 50 sports have full details. Theres been a breakthrough in the urgent search for a Coronavirus Vaccine here in the u. K. A candidate treatment developed at unprecedented speed by a team at the university of oxford has shown promising early results Scientists Say its safe for humans and triggered the critical immune response which could stop the virus in its tracks all the findings are encouraging larger trials still need to be done well brennan begins our coverage from oxford. Phase one really couldnt have
The white house and the house of representatives seem to be in negotiation with the senate, a Republican Senate really stepping aside, and mr. Kudlow moving that forward. The oil story is absolutely remarkable, and perch yearly the confusion of the end of may futures, and over into the june futures as well. We are about ready on the spot market to get a 13 handle on west texas intermediate. Francine you are right, because of the change in futures contract, we could see heightened volatility in the next couple of days, starting from today. Lets get to first word news in new york city with viviana hurtado. Viviana the white house and Democratic Leaders are close to agreeing on the next coronavirus eight. This measure would be up to 500 this next coronavirus aid bill. Formeasure would be hospitals and testing. Trying to free up cash for businesses, it will allow importers and manufacturers to delay payment for 90 days, this on many overseas products. But the move does not stop ongoing pun
Ont that we had crude down the day. A little bit of a disconnect, scarlet. Scarlet that is a good point. Energy stocks up 10 on the day. The next best performing group is financials. If you look at it on a five day basis for the week, energy and financials are among the laggards here. Forget what happened in the first quarter. Forget what they are saying about the Second Quarter. End, i wonder what that really tells us about. Again, i think that what we are dealing with here, and what i was trying to say when the bell rang, we are dealing with the cash flow issue. It comes down to how long the economy is in suspended emanation. If this is a short but deep recession, things will come back online towards the end of the year. Programsus stimulus will help keep consumers and businesses afloat so they can get back up and running relatively quickly. But the risk is that we deal with multiple waves of infections or a downturn that lasts longer than we are expecting. Romaine i want to bring ou