Ratings to three additional firms that have significant business in particular sectors. It is three others who were also considered major. We understand that does leave some companies that do not have a rating. As we open these facilities, we are just in the process of opening, we are looking for an answer. An nisro and has not traditionally been used in this way. We are looking at options for what to do. I was like until you i wish i could tell you we had an answer. So you have not opened it yet but you have not foreclosed the possibility of finding a solution for this challenge. Powell we are still looking for a solution, yes. Any timeframe you can put on that . Powell we talked about it yesterday so we are working on it. Soon, i would say. Stress thatnt to there are dozens of companies with very strong Balance Sheets and employee tens of thousands of people across all of our states who for one reason or another choose not to go for a inlic Rating Agency but are many ways in the same
Angry scenes irans foreign minister zarif is heckled by politicians in parliament. And croatia goes to the polls to choose a new government amid a recession and the coronavirus pandemic. And im Peter Simmons with the sport is formula one makes a thrilling. The action coming up later as well as an anti racism protest on the grid. And we begin with the increasing number of covert 1000 cases worldwide saturday so the biggest single day rise since the pandemic began with more than 212000 new infections globally now the majority of those were in latin america which now has more cases than europe mexico has been reporting record new infections its now got the 5th highest death toll in the world in israel officials have ordered thousands of people back into quarantine as they deal with the worst surge in you cases since the outbreak began the governments also resumed its controversial phone Surveillance Program to track cases. And theres a Record Number of new cases in the philippines its gov
Above 39, jim. But this morning, well watch maybe a tale of two cities if new york can do this as they reopen offices and hair salons i think new york is taking a big risk because new york has beening ino ing inumber one when you have the least covid, i guess maybe you can say its time to open but also to be the least covid for a little bit i know you need to do it because too many businesses that are going to go under. Just be too long and the cash flow is too low. I worry about a bit of a spike because it is great to be a state that you feel safe in and, yes, i want my, i dont have to worry about my hair being cut but yes i want these businesses open and get cash flow its been just a delight to having lost vigilance but little less nervous on fathers day pretty good. Interesting kudlow saying a moment ago he does notanticipate another nationwide lockdown but one thing that friday did demonstrate that apple and cruise lines will curtail their own operations if they sense any need for
Ad the u. K. Is to planning custom regime at its border. Michael is expected to rule out extending the brexit transition period today. Welcome to daybreak europe. We saw quite a drop, the stop and 12 weeks in the s p 500, declines of almost 6 . Somehow they are saying it will be normal. You see consolidation, gain in futures following a drop like that. Whats it about jay powell . Was it concerns about a second wave . Or was it because of bullish positioning and sentiment getting a little too stretched . Whatever it was, youre seeing the selloff continue in asia today, about 1 or more in u. S. Futures. The european futures firmly in the red. We saw some Dollar Strength in yesterdays session, which speaks to studying somewhat today, a drop of almost six basis points in the 10 year treasury yield. We move up 2. 5 today, and oil set for his first weekly drop since april, being swept up in those second wave fears. As i was saying, he was stocks saw their worst selloff since march, with almo
Vaccines are you surprised by the amount of vitriol aimed at the w. H. O. In the world today the world needs on the good news a shine that can help us manage diseases that type the down its a pandemic in this case you know you the world needs to come together to cooperate because until if that last question still has the same everybody in the world is in danger no one is state on to lead no one he states and the only way you can manage that is with an organisation that has one on trees like. So you dont think theres any danger the china gave 2000000000. 00 to w. H. O. This week and told trumps it appears to be withholding money from it i think doug ha should be supported to do its job which is to make sure that we approach that pandemic as that Collaborative Community global come. Because if we dont do that were not going to be able to get on top of this koran not. You echoed whats being said on this program about how were only as strong as the most vulnerable the w. H. O. Is a Partner