Good evening. Big asks are going to be made of the public in octobers budget, the Prime Minister said today, in a major speech in the number 10 garden. Sir keir starmer warned that his government had inherited a black hole in the public finances of 22 billion. He said those with the broadest shoulders should bear the heavier burden. The conservatives responded by saying his speech was an indication that labour had been planning tax rises all along. In a moment, well look ahead to what may be in the budget with our Business Editor simonjack, but first, our deputy Political Editor Vicki Young Reports on the Prime Ministers speech. Blue skies and sunshine, but the Prime Minister didnt come here to paint a rosy picture. He has accused the conservatives of wrecking the economy, leaving him to put it right. There is a budget coming in october. And it is going to be painful. We have no other choice, given the situation that we are in. Those with the broadest shoulders should bear the heavier
The internet has spawned a new brand of terrorism one seemingly without leaders. He said. Its sort of these perpetrators are called lone wolves but that only refers to the execution of the crime lone wolves always belong to larger packs ideologically speaking. Lone wolves and those that support the most so for radicalizing online by the thousands they meet and Exchange Ideas on internet forums for violent far right ideology to use investigators in germany and around the world have been looking in the wrong places and completely underestimated the impact of these internet forums we need a huge increase in online policing by maybe a factor of 10 or 20 and we need this policing to have a bigger and more visible presence. As the threat. Posed by these lone wolves increases so does the number of dead casualties he says a lot of things are streetwalkers to take out everything close to the same temperature while there are worst of societies or whatever they were for all the world. For White S
Coronavirus lockdown but will the rest of germany follow its lead. And by living queues and scoring goals and stopping them on their way to 2nd place in the bundesliga fulfilled and how they stand it had remarkable unbeaten streak. Of a math me how to welcome venezuelans have voted in the in a parliamentary election designed to consolidate president Nicolas Maduro his grip on power Opposition Leaders boycott of the voters day and many western nations have condemned it as a fraud the pandemic has deepened the countrys long running economic and political crisis and with no upturn in sight venezuelans are growing more and more pessimistic about the future. A humble turnout few venezuelans came out to cast their votes on election day perhaps because there was so little to choose from with many opposition figures banned from participating the ruling socialist parties victory was all but assured that would give president maduro control of a congress the only institution not yet in his hands
You do you reach for the stock equivalent of comfort food something that tastes just like the great bull markets of thats right you reach forfang, my acronym for facebook, amazon, netflix and google this session its more like fang because microsoft has become red hot. Netflix suffered a rare decline. The tech stocks led us higher. With the s p rising 1. 67 , and the nasdaq zoom being 2. 80 , it was a matter of time before we return to the tried and true this market has been going through groups like theres no tomorrow first we had the rally in the defensive Consumer Staples during the work from home nuclear winner the stocks rebounded we started reopening hospitals for nonessential medicine a run up in the big box retailers. That group seems a tad exhausted. Weve seen a surge in the Semiconductor Stocks as demand picks up from china and 5 g. Build out looks good continue with analog devices, amdi a decent quarter. A run in industrials as people bet the economy might be coming back as a
World reacts to the pandemic asia closes in the red and europe so far is in the green will have a live update from the United States. The Financial Impact of the outbreak is also being felt in latin america a struggling economy as there are put to the test. Lets get going the Health Authorities in the u. S. Expect the number of coronavirus cases to pick up to accelerate as they plan to roll out what theyre calling a large scale testing operation one of the Top Health Official says coronavirus testing will increase in the coming one week it follows criticism but testing kits werent being made available fast enough in the world of sport more and more events are being counseled or perspire and english footballs premier league has now been suspended until early april while the Champions League and the. Europa League Matches have also been postponed meanwhile the markets open positively in europe so far with stocks improving in paris and in london but it does follow a rocky day across the a