The announcement. Unprecedented that there should be a rich abundance of approaches, all of which rich abundance of approaches, all of which are rich abundance of approaches, all of which are essential. And new data shows another covid 19 vaccine developed in the us that may only require a single dose is 66 effective. In other news, primary schools in wales could re open to all pupils after half term though the nationwide lockdown will continue. And thousands of volunteers helping the nhs with the Vaccine Roll Out will be prioritised for a jab. Hello, and a very good afternoon. The European Medicines Agency is expected to approve the Oxford Astrazeneca Covid Vaccine for use in the eu this afternoon. The uk has been using the Astrazeneca Jab in its Mass Immunisation Programme for weeks now. Meanwhile, the European Commission has published a redacted version of its contract with the pharmaceutical giant in a continuing row about supplies of the vaccine. A contract was signed in august fo
France the netherlands and others on its coronavirus safe travel list as infections rise. Mexico and argentina are trying to ensure latin america doesnt have to wait in line once a vaccine is developed. The Palestinian Ambassador to the u. N. Has been recalled after the emirate a government struck a deal with israel to normalize relations there greenman was announced by u. S. President donald trump who helped broker the deal as part of the agreement israel will suspend but not scrap plans to an explicit indian territory out of official reports now from washington d. C. It was perhaps unusual that the president of the United States would announce a treaty between 2 other countries but thats what happened in new york office. Truly historic moment the president said talks over the past year that brought what will be new in as the abraham a court to be signed by the United Arab Emirates and israel at the white house in the coming weeks this deal is a significant step towards building a mor
Analysis. Kit juckes this morning was smart, smart, smart. One calculation i saw was it was only 5 of gdp, and that is a squishy number. But that aint much. You really wonder, whether be a second deal if the slowdown in europe continues . Francine it is 5 but every country has to ask for it, so it wont go to everyone depending on whether they need it or not. The other thing is that he could be the first step toward more physical integration in europe. It is a path forward, and that is probably why it is being heralded by euro files as something of a great deal. Lets get straight to the bloomberg first word news in new york city with ritika gupta. Ritika as you were discussing, it is a done deal. European Union Leaders have agreed on a landmark 860 billion economic Recovery Fund. It is split almost equally between grants and low interest loans. It will unleash vital Financial Aid to the southern european economies it hardest by the coronavirus, and it is being paid for by hundreds of bi
A stimulus plan to offset the pandemic and another big week for earnings. Results from sap as europes largest tech companys speak year ceo speaks with us and ryanairs cfo. Speaking of ryanair, weve got numbers coming through from the airline. Tax, quarter loss after 185. 1 Million Euros. The estimated loss was 276. 9. That is a smaller firstquarter loss after tax than was expected. What we are hearing from ryanair in terms of commentary is the biggest fear is the virus second wave and fears are already swirling around that in terms of the news over the weekend with u. K. Imposing quarantine from spain. We will no doubt get comments from my ryanair. Losses are mounting. Basically, First Quarter customers, zero point 5 million versus 41. 9 million, the estimate was 96 , theor, 61 versus estimate was 57. 8 but the main number to look at is the first and basically ryanair said it will continue losing money through the summer. It is concerned a second wave could push back to recovery into n
Declaring himself a president ial candidate. To discourage abortion, he says everyone who has a baby should get 1 million. He claimed Harriet Tubman never freed the slaves but had them work for other white people. Those are some of our top stories on this monday, july 20th. Thank you for joining us on this monday. We begin with the debate over coronavirus funding taking center stage as the National Death toll surpasses 140,000. Overnight the bahamas announced it is no longer welcoming american visitors. Starting wednesday its borders will be closed to travelers from the u. S. As confirmed cases of covid19 across this country continue to surge. Today people can visit the statue of liberty again as new york city enters phase 4 of reopening, but no one will be allowed to go inside. Abcs Megan Tevrizian has the latest. Reporter the number of coronavirus cases continues to climb. Nearly 64,000 new cases reported. Numbers rising in 80 of states across the u. S. , prompting Los Angeles Mayor