Government actively avoided investigating russian interference in the brits and referendum. Irans Supreme Leader calls on the visiting iraqi Prime Minister to end the u. S. Presence in his country. So then u. S. President donald trump has warned that the corona Virus Outbreak is likely to get worse before it gets better it is a month apart sure from the optimistic picture hes projected so far even as cases continue to rise in many states well trump was speaking of his newly resumed daily Coronavirus Briefing the 1st since april the public to wear masks and promise to deliver a vaccine as soon as possible United States is the worst affected country in the world more than 141000 whatever 3800000 cases. To join a virus is a vicious and dangerous illness but weve learned a great deal about it and who it targets we are in the process of developing a strategy thats going to be very very powerful weve developed as we go along some areas of our country are doing very well others are doing less
A month ago because this kind of i think sets the story up better so lets do that one month ago tensions between hong kong and beijing were boiling over so the United States sent in literally one 4th of its carrier fleet to the waters that are surrounding china china did not take that well in fact here is the warning that china has said the United States government officially warned the United States that they would consider deploying countermeasures in quotations against the warships including carrier killing bullets stick missiles while china insists that the United States is trying to provoke them ok that was a month ago now using chinas own description a new provocation may be under way this time its chinas arch rival and u. S. Ally taiwan that is conducting mill. Terry exercises that are obviously meant to send beijing a stern message that message is a massive i mean massive live fire military exercise on land air and sea meant to quote show china this is what taiwans president is
A look at the world of business this week. Could the United States punish china for tightening its grip on hong kong. Turkeys theater of war does the country on the verge of another currency shock have the money for conflict. And president putin hope to kick start the economy this year but how will he pay for his big plans amid low oil prices and the pandemic. Xi jinping as china has put aside the niceties of economic power for a more aggressive posture to neighbors and liberal democracies President Trumps america 1st policy triggered a trade war that morphed into a technological war but chinas security measures to rein in hong kong and Human Rights Violations of wiggle muslims have pushed the u. S. To sanction chinese officials responsible for the policy and more sanctions could be on the way as the new bamboo curtain comes down after 20 soldiers were killed in hand to hand combat in disputed territory in the himalayas india banned more than 50 chinese apps including ticktock new delh
European leaders meet for a 4th day try to overcome their differences over a massive Pandemic Recovery budget also the u. K. Suspends an extradition agreement with hong kong after beijing imposed its tough new security law says. Back on the streets of mali demanding the president steps down protesters return after Regional Mediation fail. So the fight against covert 19 has taken a small but potentially significant step this monday but once that medical journals published results from scientists at Oxford University who have been conducting early human testing for a Coronavirus Vaccine and the results are encouraging they found the vaccine did not cause any serious side effects and produced a strong immune response with more from oxford here is paul brennan. It is early on about the 1st 56. 00 days all of the phase one trial that took place end of april beginning of may involving 1077. 00 participants that said the results of that early testing and early study was that it is safe this v
What is affecting the markets, especially when it comes to economic concerns. Lets see how markets are shaping up for the asian session. We are joined from hong kong. Isshery, the spreading japan off for the long weekend, which was to mark the start of the tokyo olympics. We are seeing futures for asia pointing to losses. We will be watching to see if those concerns around the u. S. Tech rally will weigh in the region, what the nasdaq looking bubbly. We are also looking to the aussie dollar, holding declines below 71. Is trading atlar the highest level since april 2019 throughout this choppy week. Pulling up the terminal, the asiana is tracking towards 77 after a four month decline, but it has not been able to track to that level yet. Increased option activity this week could lead the way for more gains for this currency pair. In hong kong dollar and offshore yuan options. Yuane seeing offshore taking a breather after a twoday advance. Traders dont seem to be expecting too much Materia