Barrier. The tech the barrier is actually doing the test on a person in order to do the test, a Health Care Provider has to dress in full personal protective equipment and there the swab put all the way to back of the throat. It is then put in medium. The next person who has to get tested, that Health Care Provider has to change all the equipment. In, it isut that highly likely someone will call for sneeze. That is what were doing now, to throughput of this testing. We are working on things to make it much faster. Fromrtainly expect that thousands of people per day, be, we will be at tens of thousands of people per day. Reporter does the buck stop with you, mr. President . Normally, buteah, this has never been done. If you look at 20092011, no one has ever done things like what we are doing i think we can say that we are also getting this ready for the future so if we have a future problem, we will be starting off from a much higher plateau. We were at a very low base. We had a system
Time now for global exchange, where we bring you todays market moving news from all around the world, from hong kong to berlin, to london, sao paulo, and new york. Our bloomberg voices are on the ground with this mornings top stories. , china said it would sanction and american organizations close hong kongs port. Joining me from hong kong, and the current hong kong, enda curran. Give us the latest. Enda what they are doing is targeting a couple of groups, including Human Rights Watch and freedom house, for sanctions, and putting a stop on u. S. Navy ships coming to hong kong. But we dont really have many more details beyond that. We know that there are already some restrictions on ngos operating within china anyway, but the big take away is they steered clear of any economic issues, anything that would upset the trade talks, which are , by all accounts, still on track. There was better news on chinas economy today. But the official and private sector pmis pointing in the right directi
The market rewinding as the fed rate cut hopes are dampened. Wall street is getting more bearish as Morgan Stanley says to sell stocks now euro banks are in turmoil as Deutsche Bank takes measures to restructure. Did it come too far too fast, and are we about to see a stock rewind guy . Number one karens back, youre everybodys back now gangs all here all here. And the matching outfit matchymatchy cute. Whats wrong, dan i havent seen you in a month and youre already discounting me no, im loving the Syracuse Orange way to represent, people listen, i think stocks have gone too far, too fast, absolutely i thought that, you know, probably 250, 200 dow points ago, maybe 75 s p handles to go. With that said, you know, the Morgan Stanley, thrive beentive. I think theyre going to be right. The thing on the list that concerns me the most believe it or not is Deutsche Bank and european banks in general. I do think the markets banking way too much on the Federal Reserve that is now people think th
4. 0127. Todays auction, the 30 year treasury. We will follow that as soon as the headlines roll across. Bloomberg u. S. Dollar index down today. 1 . Oil coming down as well. 83. 14 per barrel. When it comes to the inflation data that we saw this morning, a blackrock representative gave us his take. Guest serious progress on inflation for now. That cannot be ignored. Take a step back and this is what we will need to deal with over the next few months, this will be a roller coaster. Matt chief u. S. Economist at t. Rowe price joins us now. What was your take on what looks like a pretty victorious number for the fed . Guest thank you for having me today. I would say there was a lot in this report that the fed and inflation forecasters will like. Two months in a row where inflation was behaving like used to before the pandemic. In particular, im encouraged by the progress we are seeing in core goods inflation. Deflationary momentum is continuing. It looks like it will be sustained. We sou
Paris. Oil prices are also under pressure with brent crude falling below 50 a barrel amid concerns that President Trumps decision to exit the Paris Climate Accord could spur an increase in drilling. The Global Market rally moves on with the nikkei closing above the 20,000 mark for the First Time Since 2015. And european auto stocks driving higher on hopes that trumps withdrawal from the paris accord will ease the Regulatory Burden on carmakers. Good morning. Its friday. Glad youre with us once again. Lets continue with our top story. Germany, france and italy hit back at donald trump saying the paris climate agreement is not up for renegotiation. Their joint message follows the news that President Trump will withdraw the United States from the 2015 climate accord. Speaking in the white house rose garden trump says the u. S. Will begin negotiations to reenter the agreement with you warned he would only accept a deal fair to americans. The Business World hit out at the move. Goldman sach