And talk about the smaller and poorer countries in the world, the least developed countries. Every country has basically got the same question they are wrestling with. A new virus and we dont understand very much about it. How do we Balance Public Health and wider Health Issues . We are beginning to see now the danger of many developing world countries rushing down to follow the same tactics used in the richer western nations, in particular, because they have very different population dynamics. The data coming in is frankly pretty alarming. The figures in india sound terrifying with rising infections and a high number of deaths, but the fatality rates are much lower than in italy or the us or the uk or even places like peru. Ive been looking at the figures in africa where, on the face of it, a lot of countries have done a lot better than expected when it comes to the virus. Now we are beginning to see the wider impact and, frankly, it is utterly terrifying. The figures coming in. One s
Exacerbating supply chain issues because of lockdowns. The fed will continue to run off its Balance Sheet as planned that pace starting in september will be 60 billion in treasurys and 17. 5 billion in mortgagebacked securities. That continues to the statement, goes on to say the fed will adjust monetary stance based on eve merging risks. This was a unanimous statement, includes votes 3 00 new members, full board, lisa cook, michael barr. The fed raising rates 75 basis points as expected but saying recent indicators show that spending and production have slowed, have softened is the word they used. Charles, back to you. Charles a lot of interesting juicy stuff. Edward, thank you very much my friend. The fed has made the hike expected. The street has to deal with the guessing game. You heard what edward said. New words, some taken out. Maybe well learn some more in the question and answer period that is very important, more so today. This is a very serious dilemma, folks, twin evils of
China says they plan to build five more plants in china next year. Eunice yoon will join us with more news in a minute. Look at my font. What happened . Who knows. Wait a second. You have no idea. Anything on any given day you can read that from 30 feet away. I can see it. Im fine. Thats right, you are good with the distance, right . I was a good boy in high school. Anyway n corporate news, pfizer reportedly approached british rival astrazeneca to propose a 101 billion merger or takeover according to britains sunday times. The paper reported that informal conversations about a deal had taken place but no talks were currently underway after astrazeneca resisted the approach. They have been touted as a potential takeover facing patents on several of its best selling drugs. Not a matter of complete surprise. There are very few left, not very few, but theres been a lot of consolidations over the years. A lot of Drug Companies we always talk about, three or four anytimes are put together fr
As anyone with the launch of healthcare. Gov. You deserve better. I apologize. Secretary sebelius faces a grilling on capitol hill. House republicans have been calling for her head over the botched obama care roll out. I hope what we hear from se sebelius is resignation. The nsa Keith Alexander says the u. S. Has never gathered phone and email you records of citizens in france and spain. There has not been a mass casualty in the u. S. Since 2001. Wall street stocks at an all time high. Storm led to a series of deadly crash on an arizona highway. I jumped out and took off running down the road. Nine hours to catch a black bear. A young boy jumped up on stage. A Security Guard bribed him with candy. A baby moved to tears by her mothers voice. All that. Lakers go onto win by 13. The cardinals flight from st. Louis was delayed more than seven hours for tonights world series. And all that matters. 2013 walter a ward. Journalism is not about scratching the surface. It is about going beneath
The president of the United States with nobody but the Special Prosecutor and perhaps the president of the United States knows what he has been up to. The way the media has been playing it up. Either the Obama Administration lost its Security Clearance or didnt get Security Clearance and that Wasnt Big News back then. I think we may see the end of jared and ivanka. This is not normal. Lets be clear. It is not normal to have a public spat with the Attorney General over his independence. I agree with what the president said. The president should be telling the Attorney General what he wants done. They tell me they are worried about it because they say this
has a different feel and hes spiraling, kind of lashing out, out of control. Howie is the press overdramatizing these developments . And why are the purpose dids slamming ivanka trump for challenging a question about her fathers accusers. The press remains sceptical over why so few journalists are giving this president credit for chall