While the value of the currency plummets. To avoid the complete collapse of the economy. Could be very. Cautious about. Exile in london. Against china. And argentina easing. Bringing a welcome boost to businesses. Welcome to the Program European Union Leaders have taken a brick after the tense summit over a proposed 750000000000 euro recovery package went into a 4th day theyll be back later today but they remain split over how much of the fund should be distributed as handouts and how much is no ones that will have to be repaid. European leaders seem delighted to see each other in a flash Germanys Angela Merkel and Frances Emmanuel mccraw had already agreed an offer thats enough for most you problems friday seem to phase with optimism and good humor. But by monday morning mcconnell sounded very different listen but i mean its not finished but its difficult. Here machall will be calling on all the different skills to bridge some significant splits within the block. A group has formed ca
Economies recover from the corona virus pandemic but divisions run deep. And this was the table where the cold war began we look at the legacy of the potsdam conference 75 years later. Im Aaron Chilton welcome to the program the United States has broken yet another coronavirus record 75000. 00 new infections in just a single day thats almost as many as chinas official 6 month tally. Florida is the nations new epicenter on friday the Sunshine State recorded more than 11000 new cases the state also recorded a 4th consecutive day with more than 100 deaths for his republican governor ron dissenters was facing. Susan for his handling of the pandemic has blamed the high numbers on increased testing in the state. Of case and correspondent stefan seamans is in miami for us stefan were seeing grim new figures whats the situation like in miami. Situation is grim and as much as the figures today and now there are 11000 new corona virus infection cases thats massive yesterday 15000. Florida as a s
Despite it all, were close to record highs. Free speech is in the news. Nba commissioner, he stood up to china. They wanted the Houston Rockets general manager fired after he tweeted support for the hong kong protesters. Adam silver told them were not going to do that. Free speech item number two. Facebooks Mark Zuckerberg, he says hes not going to Police Political speech, and hes not going to ban Donald Trumps tweets, as Kamala Harris demanded. Big deal. Big show. Youre going to hear what the president had to say at his big rally last night. The brits, well, theyre on the brink. The brexit vote is hours away. And alec baldwin slams the demonization of wealth. What . Varney company, the very special friday edition, is about to begin. After decades of economic surrender, i have taken historic action to confront chinas rampant trading abuses and weve made great progress and our relationship with china is fantastic. But now were taking in billions of dollars. Theyve had the worst year the
Back from lunch. Those who are in the exhibit hall if you could begin to move back, we would greatly appreciate it. I want to get a special thanks to Northrop Grumman. Jennifer walsh smith and Chris Valentino i know are here. If you could raise your hands. Jennifer is here and is valentino from Northrop Grumman, i want to give a special thanks to them for this lunch sponsorship. [applause] i also want to thank them for their seven years of sponsorship and support, which is been greatly, really a key reason for us to be able to host this forum are free for the government, military, and to be able to do this now for the tenth year. So thank you very much. I want to just also give to your attention, please, on your seats are flyers that describe the next years event, september 8 and 9th at the Marriott Wardman park. That would be september 8 and 9th, 2020. We also have for Corporate Executives that are interested, we have a series of quarterly Leadership Council meetings. We are in the th
A new special relationship, boris and trump, perfect together, maybe. Well see. Investors like it. Stock prices jumped when the brexit news came through. We backed off a little since, but the dow is still going to open up about 70 points, up 9 for the s p and up, what, 34 for the nasdaq. The market clearly ignoring the really toxic politics so clearly on display in washington, d. C. Ive got two stocks to focus on today. New tech netflix, old tech, ibm. They are going in opposite directions. Start with netflix. We were told they had to sign up seven million new subscribers. Well, they didnt. They missed. Yet the stock is going straight up. My point here is, beware the expectations game. Ibm, going straight down. Their turnaround is not going well. We will ask if this is the time for new leadership. On the calendar this morning, President Trump leaves d. C. , heads for texas. Hes leaving the place where nothing gets done and where impeachment is an obsession, and hes going to a place whe