Never before has that enduring promise of protection stability and opportunity mean more important than it is today allow me to explain why. First europe must come to new to protect lives and livelihoods this is all the more important in the middle of a pandemic that shows no sign of running out of steam or intensity we know how quickly numbers can spiral out of control so we must continue to handle this fantastic pandemic with extreme care responsibility and unity in the last 6 months. Our Health Systems and workers have produced miracles every country has worked to do its best for its citizens. And europe has done more to gether than ever before. When the Member States closed borders we created green lanes for goods when more than 600000 european citizens were stranded all over the world the e. U. Brought them back home when some countries introduced export bands for critical medical goods we stopped that and ensure that critical medical goods should go where it was needed we worked
As we await clarity from jay powell in the new inflation policy. Ray dalio says fiscal and monetary injections have put the dollar under threat. Johnson revolt, boris reaches out to rebels in his own party to gain support for his plan to override the brexit deal he struck with the eu. Ftse futures are underperforming. Facebook versus the ftc, u. S. Authorities are preparing a possible antitrust lawsuit against the social network. Kim kardashian urges her 188 million instagram followers to freeze their facebook accounts. We have breaking news in the form of earnings coming across the ticker. Thespanish giant hosting of 8 billiones euros. Net sales a little more than 8 billion euros. We were expecting a net loss in the first half. Euros in 195 million terms of earnings before interest and taxes. There was a loss there also, 198 Million Euros, but it did have a positive earnings before interest taxes depreciation of 1. 4 9 billion euros. We will bring you any breaking news. Remember yeste
Rules and procedures when things go wrong. The European Commission will be proposing a new european law. In this field which will tackle the issue of supervision of personal data and control of personal data every time we access a website and it asks us to establish a new Digital Identity or set up a user profile or to register on my platform the fact is we simply dont know what will happen to our data we must put a stop to this. And. This is why the European Commission well come forward with a proposal for a new secure Digital Identity one that we can really trust and that citizens can use europe wide for everything whether its right renting a bicycle or paying taxes. And identity that you have full control over where you can control the data that is transferred and how it is used that is our idea of a Technology Focused and centered around people. For the service of people in the 3rd focal point in infrastructure. We must keep up with the racing pace of technology and if we want to b
Poisoning. Lets get to the first word news with leighann gerrans. Shows joe a new poll biden has a doubledigit lead over President Trump. Ae democratic nominee has 5242 advantage. Meanwhile, the survey also says in theden has a 6 lead battleground state wisconsin. In germany, chancellor Angela Merkel is now ready to link the nord stream 2 gas pipeline the poisoning of a russian dissident. Merkel, whoift for said that the russian backed pipeline should be completed and remains a separate issue. The kremlin has said it sees no issue that germany will block nordstrom. Moscow has denied any involvement in the poisoning. Now in hong kong, protests have resumed after weeks of calm. Police arrested hundreds of people. Among other things, demonstrators were protesting the decision to delay Legislative Council relaxants for a year Council Elections for a year because of coronavirus. India has surpassed brazil as the second worst hit country. India reported more than 19,000 cases more than 90,00
This is the w. Business im joined on in berlin thanks for joining us we start with the European Commission which has approved plans to set up a 500000000000 euro support fun for businesses affected by the Coronavirus Crisis the plan had been introduced by germany and is set to rescue the hardest hit economies in the block earlier this week that lowered its Economic Outlook and is now expecting a contraction of 8. 7 percent. Now speaking of the e. U. French train maker alice though is waiting for an e. U. Approval so that it can buy brigades rail union at state of course is the creation of a european champion to counter chinese dominance in the Railway Industry heres a look at the sectors key players. European Rolling Stock manufacturers face serious competition from china c. R. C. As the world leader with a turnover of over 20900000000 euro as the Chinese State owned john does business in more than 100 countries ill still was way behind in 2nd place number 3 is germany siemens the e. U