Ministers brief reporters, and it is brutal on the negotiations. Tom brutal is the right word. There was one photo ice saw. E looking justutt exhausted. For those of you who have not followed the soap opera, it is still not over. This monday isn deceptive, extraordinary. Out of china, the virus particularly in america, and this european donnybrook it is amazing. And then the market reaction. Francine it is quite a lot for a mid july market. Now lets get straight to the bloomberg first word news. Here is ritika gupta. The their repeating European Union may be on the verge of a deal with denmark and Sweden Holding of the oceans. They appear to be ready to greet that 450 billion of the fund would be made available as grants with the rest of it coming as low interest or loans lowinterest loans. Brexit negotiations are in a tense standoff, dashing hopes of between the u. K. And the European Union, which failed to make progress last month. British negotiators say the e. U. s concessions are
Venezuela shipments from iran are on the way but theres the threat of a showdown with the u. S. And the drive to attract tourists back to one of the worlds most visited cities there are safety concerns. And sport the head of cattle is World Cup Organizing Committee values to keep the event affordable for found us and all the while he says not pricing out supporters has become more important due to the Economic Impact of coronavirus. Now there are reports that the Chinese Government plans to introduce National Security laws in hong kong following months of mass protests against beijing there and this all comes as chinas biggest political gathering of the kicks off in beijing the opening session of the top political advisory body comes a day ahead of the National Peoples congress for more on this lets cross live now to our correspondent katrina you shes in beijing katrina this is a hugely controversial legislation remember back in 2003 the last time it was on the table it brought a 10000
From washington on that promise. And the president also reiterated its call for america to reopen as some large malls and retailers are set for a comeback but what will Stores Look Like and are shoppers going to be ready to return . We have all that, a lot more, coming up in the next hour on making money. Cheryl more economic fears are surfacing as the United States is probing chinas role in starting the coronavirus pandemic. At the same time fox is confirming the white house has been given new projections on cases and deaths as states begin the process, some states, any way to try to reopen. This is just hours after the president said that we could get a vaccine by january. We have blake burman in washington. He is live there with a lot more. It has been a fastmoving day for news as usual. Blake . Reporter hi, there, cheryl. That is certainly President Trumps hope or belief going forward. Remember it was just dr. Fauci a few days ago said getting a vaccine by january is something that
Weve seen for the dow in a row, the first time thats happened since february this is all happening despite crude oil prices the treasury shows you the tenyear is yielding 0. 627 . There are crude oil prices, generally when weve seen pressure on crude oil, thats put pressure on equities as well thats not the case this morning. Wti is indicated down by over 15 . Thats a decline of 2. 66 to 14. 28 a barrel. Brent crude down by just 3. 3 . Its now trading at 20. 73 andrew meantime, an update on the pandemic and the numbers we bring you every morning about where we stand heres where we do stand global cases now are at 2. 9 million. In perspective, cases in the United States are at 965,000, closing in on 1 million. 288,000 of those cases are from new york state with another 109,000 of them in the neighboring new jersey yesterday new York Governor Andrew Cuomo outlined the states plans to reopen the economy in phases beginning on may 15th now, the first phase involves construction and manufac
A plea from the u. N. Chief a war stop to focus on the coronavirus battle. If you started to put Armed Conflict on lockdown and focus to get it on the confides of all liars. All 66000000 people in the United Kingdom have been ordered to stay home for 3 weeks in a bit to halt the spread of coronavirus Prime Minister Boris Johnson says expect exceptions will be allowed for certain activities and for some people to go to work elsewhere in europe the death toll in italy has declined for a 2nd straight day but continues to rise sharply in spain needs aka reports. It was an announcement no british Prime Minister has made since the 2nd world war unprecedented restrictions on peoples way of life you must stay at home because the critical thing we must do to stop the disease spreading between households that is why people will only be allowed to leave their home for the volleying very limited purposes shopping for basic necessities as infrequently as possible one form of exercise a day for exam