Vaccine. And we speak to one of the Worlds Biggest Oil Storage Companies about what is going on with crude it is july 29. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening wherever in the world you may be watching. Here is how your money are setting up their trade futures well call them mildly higher right now. With so much going on today, it is no surprise if wall street and traders are in a wait and see mode at least what weve seen over the last couple of months of 100 to 150 you may have guessed, today, it is all about washington, d. C. And a jam packed schedule. Youve got the Federal Reserve and no clues completing the triple play, Congress Still in intense talks and debate about the trillion dollar plus relief bill as the clock ticks and expanded Unemployment Benefits expire this friday, well get more on that going around the world in a developing story in hong kong, a jump of new cases overnight and new fears of community spread. Well go to Julian
Defer paying their income tax and we expanded tax refunds, very substantially. Thanks to our efforts and incredible resilience much our nations Small Businesses, and i really think we can add the foundation that we built. We built the greatest economy ever built. And that foundation was so strong, instead of coming weekly back, or going in the other direction, because this is coming back and we havent totally succeeded yet. We will soon, but we havent killed all of the virus yet. And yet you look at these numbers. That is based on a very Strong Foundation we built, a Foundation Like no other, a foundation had we not been attacked by this virus, this horrible virus we were doing things and had things planned that nobody else had ever even thought of. Paying off debt, building numbers, the likes of which nobody has seen. And yet next year well be in a position where i believe in a certain respect i think well even be stronger than we would have been because of what were doing but only th
Now now the selloff [ applause ] wasnt due entirely to coronavirus. It was also due in large part to war over oil prices launched by saudi arabia still, a l o understandably worried and while theres no reason to panic, governments across the world are taking extreme measures to mitigate the outbreak over the weekend, italy put millions of people on lockdown in regions hit hardest by the outbreak where people were rushing to catch the last trains leaving milan before the lockdown took effect officials in italy putting 16 Million People on lockdown. Now, thats a quarter of a countrys population video shows people rushing to catch the last train as it left northern italy seth this is what italians look like when theyre rushing [ laughter ] obviously [ cheers and applause i mean, obviously in italy, to run for a train is a fate worse than death [ laughter ] im shocked they didnt have cigarettes in one hand and aperol spritzes in the other i mean, if youve ever been to italy, you know that
The stock market today suffered its worst day since 2008, while great person trump suffered his worst day he was at m. I. T. He taught at m. I. T. For, i think, a Record Number of years. He was a great super genius, since, i dont know, yesterday [ laughter ] dr. John trump i like this stuff. President Trumps White House i really get it. Social media director, this people are surprised that i weekend, shared a video of understand it. Former Vice President joe biden every one of these doctors said, that was edited so it appeared how do you know so much about this . Biden was saying, we can only maybe i have a natural ability maybe i should have done that reelect donald trump. Instead of running for president. They doctored a video to make seth yes yes, you should have joe biden look bad [ applause ] [ laughter ] you should have applied to that is so unnecessary medical school i mean, for real, here is how and you should have filmed the reactions of the faculty of that here is how he star
Warren and the 1 . Taking on the billionaires with a new add. And icahn out with a big target. Good morning, good afternoon good evening welcome from wherever in the world you may be watching. Im Brian Sullivan 23 degrees in the new york area. A lot to get to this morning we begin with breaking news. The latest growth figures hitting the tape moments ago how did that work out, lets go to willem. Weve got the eurozone q 3 employment numbers thats the flash estimate. The all important q 3 gdp number 1. 2 year on year. Relatively low level growth across those countries that is for the period july and september. Weve talked about the sluggish growth requiring governments to step up to the plate talking about whether they can take a coordinated approach. Some saying there are huge disagreements about how that can be achieved. Weve seen a need to get that growth higher than the 1. 2 annualized growth. We talked about slowing down to 2 or lower thank you. You can see the european markets. The