Territory, albeit slightly steve weiss, virus cases are exploding, 145,000, hospitalization new record, stayathome stocks are up, reopen stocks are down im wondering in the Bigger Picture but bringing it down to the sort of ground floor level, you just bought Delta Airlines the other day. We just talked about it. And im wondering if now youre reassessing that kind of move and whether other people should, too. Well, deltawas a position position and my portfolio is not very well balanced, its all in growth so i took a shot im not going to buy anymore here these airlines and Brad Gerstner pointed it out, theyre going to be diluted on an ongoing basis this year, next year as they seek to replace their bonds, their debt, with equity. Cramer this morning was right and ignore these covid cases at your own peril next couple of months, probably next three months are going to be very rocky from an economic standpoint as theres no appetite on the part of this administration to take any kind of st
Im larry beil. Im christian see. Were in a difficult situation and we got to keep pushing. The push to get people to wear masks and stay safe into the holiday season. This as california hits an unfortunate milestone in the fight against the pandemic. The state marked 1 million cases today according to data compiled by several news organizations. That includes people who have recovered, texas became the first state to hit a million cases yesterday. More than 18,000 californians are died. In the bay area, there are more than 130,700 cases. Alameda county is causing further reopenings as it anticipating moving to the red tier. Daily new cases for 100,000 people are up to 4. 9 from the countys low of 3. 4. There is also a steady increase in hospitalization. Officials say if Current Trends continue, the county may be put back into the most restrictive tier and that is purple. Spiking numbers have counties in the bay area hitting pause in their reopenings. The question is this going to be en
Pompeo andonesian foreign minister held talks on thursday. They discussed the sittion in the south cna sea wch china claims most of. Indonea has designated an exclusive Economic Zone off the nah tuna islands and has a territorial dispute with beijing in the area. Our law abiding nations reject the unlawful claims made by the Chinese Government party in the South China Sea. Its a cause worth pursuing in multilateral settings and the Trump Administration very much supports this. She said stability and peace should be maintained in the South China Sea and added International Law, especially United Nations convention on the law of the sea must be respected and implemented. Pompeo expressed willingness to cooperate in new ways to ensure Maritime Security and protect some of the worlds busiest trade routes. I encourage u. S. Businesses to invest more in indonesia including for procts in the Outer Islands in indonesia such as nah tuna island. Pompeo says the u. S. Welcomes indonesias Decisive
Get you more now on these developments is standing by new not 1st of all talk to us about this meeting that is about to get away or is already underway what can we expect from that. Well its going to take place tomorrow angle america is going to try and press the country 16 state premiers to agree on new restrictions on whats been dubbed a lock down lights and that strategy would basically work with 2 tools one would be to continue to have strict lock downs in districts where of the infection rates are skyrocketing currently in germany we have 2 districts in the varia that are experiencing that life is standing still that because of high infection rates and too nationwide some new restrictions will be implemented in concrete terms pubs and restaurants will close again much like in the spring events will be cancelled and any time some shops will be limited the government has so far always said that theyre going to try and avoid to close schools and kindergartens at all cost but of cours
Travel restrictions feeling a little blow to the tourism industry. Im melissa chan welcome to news asia thank you for joining us exactly one week before possibly the most consequential u. S. Election secretary of state mike pompei own defense secretary mark esper has flown to india to meet with their counterparts its almost as if theyre running against the clock rolling out as much of their age policy in case their boss President Donald Trump loses the election india has signed a military agreement with the u. S. To share sensitive satellite information and the 2 will participate in naval exercises next month those are war games along with australia and japan all members of the quad a partnership of india pacific democracies. Joining us is korea mohan of the German Marshall Fund for more agreement pump ale and esper are in india but this is as much about china isnt it absolutely so this meeting comes in the backdrop of chinese aggression at indias border region which shows no signs of