To the upside. Other news coming through about approvals for future houses as well. The asx up 119 points. Thats move along and look at other Asset Classes. Crude trading yesterday with a 33 handle, hasnt had a huge rally since then. Part of that is down to russia and opec looking like they will not be hiking reduction in january. That news helping to propel oil prices up to over 97 in the last six hours or so. ,old remaining where it was just shy of the 1900 level. Thats ahead of the u. S. Election. The u. S. Dollar index marginally down, the Rate Decision coming expecting a 0. 15 cut in the base rate and we do have in anticipation of all that move slightly higher than that, and thats down to a commodity related currency and the crude price helping that along. Lets head over to new york and join karina mitchell. We start with the latest headlines on the pandemic. Starling fell to its weakest in the month, with an economy already reeling from similar measures earlier this year. France
Dead had to be transported away by the army italys hospitals and Health Workers were completely overwhelmed by the high number of patients the country remains on high alert strict measures were imposed in the north and were also adopted in other regions including a bear gamble and milan its a price most italians are willing to pay to prevent a repeat of the past for many men like a greenie the trauma is still fresh. Fruits and the creamy i see lots and 108 years she survived the spanish flu 2 world wars a noun covert no idea when the 1st wave of the pandemic hits she lost many of her friends of the care she lives and growth vehicle. Through so much in my life and im still here. It looks like thought is forgotten about me. Fatima greeny feels lucky here in northern italy and wants to help others lombardi was badly hit by the pandemic in spring but the virus claimed thousands of lives in care homes for the elderly in particular. 33000 died of covert 19 in italy i dont most half of them h
Behind its a. Little my husband went to peru because of the crisis i wonder if he hadnt gone there we would have died of hunger and i want to now. Just starts october 16th. A warning from south africas president so ramaphosa says the countrys debt levels have become unsustainable well look at how south africa can dig its way out of the hole also coming up e. U. Leaders are discussing postbreakfast it relations with the u. K. As the 2 sides thrash Boris Johnsons deadline for a deal. And k. Pop is a hit on the markets shares in the Management Company a south korean boyband p. T. s more than. Doubled their stock market. This is the business im in welcome to the Program South africas president zuma rob opposed says the country cannot sustain its current levels of public debt servicing the debt is diverting money away from efforts to rescue an economy that was struggling even before the coronavirus pandemic fortunately for him a meeting of g 20 finance ministers led by saudi arabia this wee
We have reporters standing by in following you the major cities will go to the mill i but 1st lets take a look at whats been happening across the country the mass of Los Angeles Atlanta Denver Portland and announce nighttime curfew is in an effort to prevent more violence its a move that was announced by minneapolis on friday where the protests 1st started in that city shops were looted and cars and buildings set on fire. In los angeles a Police Cruiser was torched other demonstrations have been held in miami and chicago. And scuffles have broken out between police and protesters in new york where demonstrations are continuing into the night and earlier a police car was set on fire the day before thousands of people demonstrated outside the City Supreme Court on the Brooklyn Bridge and at the Barclays Center arena. But President Donald Trump has offered to send in the National Military to minneapolis and pledged to put an end to what he called mobile violence. But his comments havent s
How they relate to the dark stories that we hear in our politics about the conditions americans of experience and what our prospects are. I think its fair to say, he finds things are much better than the mood of o our politics and the critics of the market economy would sometimes suggest that we do face risks and maybe the mood in the critics are among the most important to those risks. It is a controversial thesis and as a conservative im resistant to being. Up until everything is fine but it is a very powerfully argued thesis a agile see tonight a very supportive thesis in t the book. Joining us to respond to his argument is one of the smartest social analyst and policy thinkersrs in washington, richad is the whitehead chair in the senior fellow in economic studies at the institution. He is the director on the future of the middle class, the author many important articles in a number of important books including dream orders, how the american middle class is leaving everyone also the