At Strategic Energy innovations. Stephen and i will be discussing the details of the workshop. Please join us when we come back and take another set up to the year of mercy. Welcome back to mosaic. Today we continue our journey into the year of mercy which pope francis began december 8 2000 15 and is going out through november 20th 2016. Today we will stop more deeply into the air of mercy by examining the newest encyclical issued last may. Before we begin the conversation today i want to invite you to begin with me in prayer. We begin in the name of the father, the son, and the holy spirit we recall that we are now in as always a god present as we say this prayer for our earth. All powerful god, you are present in the whole universe. In the smallest of your creatures. You embrace with your tenderness all that exists. For autozone upon us the power of your love that we may protect life and beauty. Fill us with peace that we may live as brothers and sisters harming no one. Oh god of the
The confidence number, the headline number coming through at 98. 1. The economists were expecting something around 91. This is a much better than anticipated number. The point. Force this is data for june. We are in a situation where the beginning of june started quite strongly. Of the reentry of lockdowns in places like florida and texas. At 86. 2, thatough is up from 78. 1. Versus 96. 9 last time around. The present situations revise lower for the previous month. Significant improvement in terms of the expectations data. Alix particularly i am looking regionally as well. The northeast really got hit pretty hard. Write down is bloombergs michael mckee. Michael jobs expected category. The American People think employment will get a little better but not a whole lot. Full numbernty rises to 24 from 16. 5. Think jobs aret plentiful has arrives those who think there is no change went down. People think things will get worse in the short run. Over the longer run, they do think things are g
Strong testing and seeing a falling coronavirus cases. Those of the top stories. France 24. We start with wuhan. The chinese city at the origin of the outbreak which has oll byd its death t 50 . The adjustment comes amid mounting criticicism of the countrtrys hahandling of the pandemic. Authoritieies initially try to cover up the outbreak, reportedly punishing doctors who raised the alarm online in december. The Foreign Ministry claims there was no lack of transparency. I asked our beijing correspondent to break the numbers down for us. Figure ofook at that an increase in 50 of the number of covid19 fatalities in wuhan. The authorities i in the city explplained the increase byby te fact t they cononducted an invevestigation, a d detailed investigation into the Data Collected over the past few months, whether at hospitals or funeral parlors or the citys securityty services to see if their previous estimates w were correct. They amended that data with these new deaths. They explained it
Yields down by about eight basis points, once again under 1 for the 10 year. Time now for global exchange. From hong kong to washington to new york, our bloomberg voices are on the ground with this mornings top stories. Want to beginning asia. Total coronavirus cases around the world is now above 95,000. Cases seem to slow in south korea, while switzerland reported its first death. With us now is sophie kamaruddin. Is reporting an increasing number of recovery patients, roughly 62 of those who have been diagnosed who have been discharged from hospitals. The number of fatalities reported wednesday totaling 31, all of which were in hubei province. Jinpings scheduled visit to tokyo has been delayed, and Prime Minister shinzo abe did reveal tighter border controls and japan, including two weeks of quarantine from visitors arriving from china and iran, as well as south korea, where cases have topped 6000, but the daily count has slowed has monday at the country been testing hundreds of thou
The Global Supply chain factor. Early facebook investor Roger Mcnamee joins us for what the virus means longterm for Companies Like apple and tesla. Paul, dramatic day for the markets and elsewhere. Why are you following . Paul tuesday trading day in asia, i guess the question is, to far is this stone going think . A drop asoking for well, about 2. 5 . Nikkei futures, big hit, 4 . South korea had one of its worst days and 17 years on monday. Japan of course playing catchup because monday was a Public Holiday. Take a look at currencies. The aussie dollar hit the yard over the past 24 hours. Currently just hanging on above . 66. The aussie 10 year continuing to slump toward historic lows. Of red. Uyh a lot in the u. S. , stocks tumbled. Three benchmarks slumped. Good to Abigail Doolittle lets get to Abigail Doolittle in new york. Abigail the markets selling off in a big way. Here in the u. S. , a three day slide. This is the worst of those three days. Friday, the disappointing pmi number