Virus vaccine be free of charge for everyone caught between a pandemic and civil war between tragedies increase the suffering in yemen and the coronavirus is the take that in a bangladesh camp home to more than a 1000000 refugees. A whistleblower has issued a stark warning over the coronavirus pandemic in testimony before the u. S. House of representatives rick bright is the former head of the u. S. Agency responsible for developing a vaccine for the virus he says he was sacked for raising concerns over the u. S. Colona virus response he told the house that unless urgent action was taken the country would be facing its darkest winter in modern history there have been more than 82000 coronavirus related deaths in the u. S. So far well our White House Correspondent kimberly how kid joins us live tell us a little bit more about what dr rick bright told the house. Sharply critical of the administrations response to the corona virus pandemic inside the United States dr rick wright repeatedl
Lock down measures a reinstated after a new cluster of virus infections of. Hunger joining a pandemic entire households in south africa struggling to afford enough food. And on time hummus now have all the sporting creating a look at how Major League Baseball is aiming to start is the late season in july. And going beginning this news with unemployment figures out of the United States almost 3000000 people have filed for Unemployment Benefits in the past 7 days that is down from previous weeks but it brings the nationwide figure to more than 36000000 people since long over coronavirus began meanwhile World Leaders have made a plea for the eventual covert 19 vaccine to be. Distributed free of charge to all countries in an open letter more than 140. 00 current and former leaders Nobel Laureates and academics cold for the global sharing of data and technologies related to the virus the World Health Organization has warned the virus may never be wiped out the health body says without a vac
Will accept junk, recent fallen angels as collateral. Time now for todays market moving news from brussels in new york. We want to begin in europe, where the pandemic drove the economy to a record slump in april. Pmi Area Services completely decimated, falling to 11. 7. Manufacturing also dropped to 33. 6. Bloombergs maria tadeo joins me from brussels. Maria what you are seeing is that the Coronavirus Crisis is going to do a lot of damage to the european economy. [indiscernible] brussels tell us they do anticipate a contraction for the entire euro area. This is potentially huge. Youre seeing again the European Central bank stepping in to try to shield some of those markets, in particular in countries like. Taly ,he other side of the equation what exactly are european leaders going to do to help the ecb, to put more money on the table and also protect their own economies . There has been a lot of backandforth. Perhaps a 2 trillion euro package. But all of this is still very much in the
Delivery of 7 . Look how we are in terms of the major indexes. Asian markets, most in losses tracking to 3 drop on wall street overnight. Opened slightly earlier love earlier. Slightly lower earlier. We are watching petrochina down at this point in time. The hang seng, down about 1 . Kong announced an expansion of its restrictions aimed at curbing the spread of covid19. That would weigh on the economy even more. The sti, down more than 3 . This is a market that returned to bull territory recently and citi said investors are pricing in post recovery. Singapore reports higher cases, more than 1000 for the second day running. I want to dial back to the oil story because we see oil moving to the upside after two days of unprecedented action and a spectacular selloff. Opecplus ministers holding an unscheduled conference to discuss what has been going on. The closing statement signals there are no new measures planned at the moment. Lets bring in mliv asia editor. Oil is on the up. We had tw
To rise. S continue the u. S. Now topping one million american deaths, now surpassing the total suffered in the vietnam war. President trumps top infection expert says the virus is not truly going to go away. Anthony warns any reopening of the economy must be prudent. Breaking news out of south korea right now. We are getting march Industrial Production numbers. When it comes to the month on month figure, a gain of 4. 6 . This was a much bigger than gain then was expected, reversing two months of declines. When it comes to the year on your number for Industrial Production, it is a gross search of 7. 1 percent again. The expectation was at was for a contraction. We have seen the south korean economy really battling the coronavirus pandemic. We had seen First Quarter gdp sinking seeing the biggest drop since the financial crisis back in 2008. It seems that we have a little bit more optimism when it comes to the Industrial Production side of things. We are going to get samsungs final earn