To survive till the end of the year before you can have a vaccine possibly at the end of the year if its ready. All of the experts testified this morning including fauci and the head of the cdc robert redfield, reminding us to do simple things like wear a mask, use common sense. They say some states and americans arent doing that and thats what led to the deadly spikes we are seeing now. A safe and effective vaccine. Theres never a guarantee that youre going to get a safe and effective vaccine, but from everything weve seen now in the animal data as well as the early human data, we feel cautiously optimistic that we will have a vaccine by the end of this year and as we go into 2021. Dr. Fauci speaking right there. So, President Trump watching that hearing. He actually tweeted a compliment something about that as it was actually charts Congress Actually showed, showing the growing number of cases. President trump tweeting out we do much more testing. If we had no testing or bad testing
And robots in berlin its great to have you with us the true economic toll of the coronavirus outbreak is becoming ever clara a stream of g. D. P. Figures from across europe a show many economists that have been seeing years of growth are now deep into the red the euro zone as a whole is now officially in its deepest ever recession after 2 disastrous courses. Cash registers are humming again across europe iconic landmarks eerily quiet and spring are alive with people once more no one knows for sure how the pandemic will develop over the next few months but what is becoming clear is that the economic damage done in europe between april and june was of historic proportions that was the period when strict lockdowns brought large parts of the continents economy to a virtual standstill. The data for that period is now becoming available on the news its as bad as anything the e. U. Has ever seen it means the european economy has entered its deepest recession in postwar history spains economy
Have a map that shows you where the rise in cases are compared to the week prior and you can see by the color coding that actually california has slightly improved. Somewhat since the last time this map was published were seeing only just a steady rise in cases as it as opposed to that end a 50 jump like weve seen in weeks past across the country. We have now more than a 142,000 recorded deaths with more than 3. 9 million infections. In the wake of the rising numbers and the dropping poll numbers for the president he appears to be changing his tune on coronavirus he had a briefing his first briefing with the coronavirus said debt just resume, you know yesterday and he urged everybody to wear masks. And even went as far as admitting that things will likely get worse the president says before they get better. And now the cdc is reporting the number of infected americans could be. 2 to 24 times greater than the actual reported case numbers. Think about 40 of these infections. Are without
A massive test and Trace Initiative following a covert 1000 outbreak linked to a wholesale food market in beijing and used added to an isa about higher coronavirus cases in the us the governor of new york warning citizens about the dangers of losing sight of the virus. And fighting the coronavirus pandemic isnt the only problem for the Global Economy as also the u. S. China trade war it started exactly 2 years ago and its still ongoing. But there was surprise of the it may sometimes seem like it but the u. S. China trade war its not the one. Sitting opposite donald trump theres another president brimming with selfconfidence whos determined to make china the worlds economic powerhouse by 2025 but the usa remains in xi jinping is way. The power struggle is sending shock waves around the world with Global Companies caught between the 2 battling giants is what c. E. O. Of Germanys Siemens joe kayser recently told t w so the United States is the number 2 everybodys sort of those well china
Add that to concerns over the virus caseload and youve got this. The dow industrials, down 700 yesterday, down maybe another 200 this morning. The s p down 80 yesterday, down another 20 today. The nasdaq yesterday, down 200 points. Today, down about 13 points. A sea of red ink over there. A big loss especially for the dow. 1. 48 million new jobless claims this past week. Now, thats not a good number and it pushed stock prices just a little lower when that news was released at 8 30 eastern. Now, today, President Trump heads to wisconsin. Good timing. The democrat governor there has just called out the National Guard. A protester wielding a baseball bat and bullhorn harangued a restaurant crowd. He was arrested. Molotov cocktails were thrown, the Police Needed help. Governor evers sees the light and calls in the National Guard. Same thing in washington, d. C. Hundreds of National Guard troops now marshaling. They will protect the capitals monuments. Thursday, june 25, 2020. Varney compan