Theyve been found guilty of what prosecutors called spreading terrorist propaganda. Plus setting up a pulse of why it caught comes clean about his role in the downfall of the multi 1000000000 euro payments found. Im rebecca rate is welcome to the program the European Union is at a crossroads with Member States looking for leadership and cash to bolster economies that have been hit hard by the coded pandemic and subsequent lockdowns they days are in brussels for the 1st face to face meeting in months germanys chancellor Angela Merkel is chairing the summit and she wants to persuade the blocks richer nations to allow grants for countries like italy spain and portugal to help them. Overcome the worst of the pandemic but some rich in nations including austria and the netherlands want to see tightly controlled loans instead merkel has admitted that finding a compromise will be difficult. I have to say that there are still major differences so i cant predict whether we will come to an agreem
See the jobs report, francine. I see all sorts of numbers modeled. 6 rate be looking at the u. I do not see any forecast of where that statistic is going, but it harkens back to an american job economy of 1933. Francine we will have a big look on whether we will go back to those depression years. Lets get to first word news in london with leighann gerrans. Francine, andd, tom, as you were saying, todays jobs report expects to see the u. S. Unemployment rate surge to almost 20 last month after reaching the highest level since the Great Depression in april. The may report is likely to show the jobs slump has extended into whitecollar positions. By 7. 5s publicly shrank million positions. The jobs report comes out at 8 30 new york time. In buffalo, new york, two Police Officers have been suspended after a video of them pushing an elderly protester to the ground went viral. The video shows the 75yearold lying motionless with blood pooling around his head. Been hospitalized in serious condi
Test captions Copyright National cable satellite corp. 2008 with the recognition u. S. Leadership might not really return in the way it has been in the past. This is where i think it would be interesting to see where japan would head. Ill collect a question or two and let the panel respond and turn over to matt. If you have questions for the panel, now is your chance. Youll get another shot with matts panel and then over coffee. We have mics. I teach at American University and used to be an american diplomat. Listening to the presentation of japans interests and objectives in this situation, one cant help thinking that there is tremendous value to japan in having a close, cooperative relationship with south korea in the region and in these multilateral organizations and yet theres some obvious tensions in that relationship. I would love to hear from our japanese intellects why you think the japanese elite are prioritizing other issues instead of getting long with south korea and what y
Room to run. As a result, youve also seen pressure on treasury yields. Take a look at see what is happening with the treasury market some pressure on treasury prices the 10year sitting almost at 1. 891 yields, we watch them kind of skyrocket last friday after that jobs report was stronger than expected they came back down after they made it sound like the fed will not be moving anytime soon with this additional news making this happen. Going with every trade nuance up or down goes down, if it looks like the yields go down, if it looks like there is not a deal. We recover globally from the trade war. The two things of the fed and the economy. If the fed is on hold, the rates dont go up. If the economy are off to the races again. It is a thankless job people at home they see the screen from far away they zoom in, and take it for granted. They think we are just changing the appiture there is a guy. Hes running. He went running by, which startled me for a second, it was worth it, kyle you
Uncertainty, and all of that made for a down day that saw losses accelerate into the close. The Dow Jones Industrial average fell 173 points to 25,962. The nasdaq was down 54 and the s p 500 slipped 23. One of the bright wpots toda home depot. The Worlds Largest home improvteent retailer rep betterthanexpected earnings and that sent its shares up more than 4 , making it the Top Performing stock in the dow today. But the company did lower its Sales Outlook for the whole year amid concerns about the economy and the tradeco war. Tney reagan has more. Reporter recession fears loom and there are signs of owing economic growth. Home depot executives say the consumer remains healthy and the Housing Market is stable, though it wasnt a perfect quarter for the Home Improvement retailer. Lumber pricetieflation ces to weigh on sales. Prices are more than 50 lower than a year ago, and a big reason comparable sales disappointed. Unseasonable weather delayed some Home Improvement projects early in th