Thank you very much. I was just talking about a thawing for the markets. Yes, earlier today, we did hear that of course, stimulus talks would be in play and that we started to hear some Smoke Signals between nancy pelosi and of course, we were talking about trillions of dollars could possibly be pouring into the economy. Shes speaking with treasury secretary Steven Mnuchin. But apparently now Mitch Mcconnell as he just heard is pouring cold water on that, or maybe hot water because we were starting to see some real action here. Now, movement on a spending deal quickly erasing at least the bad taste in some of the mouths of some investors after last nights debate performances by President Trump and joe biden. Fox businesss lou dobbs calling it the worst debate hes ever seen. Lou is about to in join us live. Hes been crafting his unique debate analysis. He will give it to you even before he gives it on his own show tonight. Stay tuned. Hes coming right up. Meanwhile, this latest Silicon
Moves its way to the northeast, live to the gulf this morning. Markets this morning trading up, take a look at futures, wild week with triple digit gains for the dow industrials in record territory. Nasdaq up right now is lower but the s p 500 scored a fifth Straight Record high close yesterday and continues higher this morning up another 11 points. Airlines getting turbulence, United Airlines warning 3,000 pilots could be grounded by october. Mornings with maria live right now. Global markets are mixed, take a look at european indices. The cac quarante is up 3 points but the dax index in germany is lower by 17, in asian markets big news, japanese Prime Minister shinzo abe announcing hes resigning. He announced resignation overnight and the news weighing on japans stock. The nikkei average down 1 and a half percent over night. Some of the top stories that we are watching this morning. President trump wrapping up the rnc last night officially accepting the gop nomination for president m
And a new constitution. A new Supermarket Chain opens in venezuela paid for by iran whats behind the iranian push into territory so far from home. And trying to keep a dying language alive we meet a kenyan tribe that has just been full of traditional speakers that. The struggle for the future political direction of valeries may be coming to a head opposition protesters are due to begin a march for freedom in minsk in a little over an hour they say itll be the biggest ever but right now thousands are packing into a Central Square in support of president Alexander Lukashenko. Many. A of them have been personal from outside of military convoys of buses seen entering from other towns and cities over the past few hours as they were traveling in a bellerose diplomats became the 1st senior Government Official to publicly back the opposition protests and acidosis the vacuum igor less chenier says hes shocked by stories of torture and beatings of protesters who came out last week over disputed
You guys are such good energy in the morning. Its a good time hanging out with you. When pete hope youre having a good morning waking up and we are waking up in livermore at about 56 degrees. Winds light at about three miles per hour. Looking at sfo, you can see a low cloud deck. The marine layer is in full effect. San francisco at 55 degrees. Santa rosa also at 53. San jose at 56. Heres a look of some drizzle on the coast. The marine layer is present in places like santa rosa and certainly in most of the bay area. Visibility is not bad though. Just a couple tiny spots in the north bay. It should be a problem with driving. Mostly sunny skies today. Once we kick these low clouds out, it will be in full. 60s at the coast. 70s in the bay and gorgeous and mideighties. For now we will go over to check on the traffic. Not a lot happening. This is the way we like it. We wanted to be nice and quiet for you. It is a holiday, 3 july. A lot of places are close. Bank said the star market are close
The corona virus pandemic which has caused a lockdown and near halt of business worldwide is going to have a lasting effect on the Global Economy but just how bad will it get the International Monetary fund on tuesday joins those who say it could create the worst financial crisis since the Great Depression. We are projecting Global Growth in 2022 full. To minus. 3 percent. Now this is a downgrade of 6. 3 Percentage Points from general 2020 Major Division over a very short period of time this makes the Great Lockdown the last recession since the Great Depression and far worse than the Global Financial crises the i. M. F. Chief economist said there will be a partial recovery in 2021 adding the overall g. D. P. Will remain below pretty virus levels the comments come weeks after u. N. Secretary general and tony terras made similar comments saying the pandemic will bring a recession that has no parallel in recent years and that it is the worst crisis since the 2nd world war meanwhile the w