Plan, but Republican Leaders warned the gap remains wide. Mitch mcconnell says the plan contains poison pills. Bloomberg economics cuts its growth forecast for japan, saying the recovery is weaker than expected. This hour brings a survey showing what business thinks. We are getting breaking news crossing the bloomberg. President trump has moved to sign an order which would expand u. S. Mining, citing a threat from china. President trump has moved to expand rare earth mining in particular according to an official. We know china has in recent years have a huge presence when it comes to rare earth mining, which is used from everything from cars to mobile phones. Officials say President Trump has moved to expand rare earth mining for the u. S. There is a political element where union votes will be key going into the election. We will get you more details as they get to us. Lets take a look at the thursday session with sophie kamaruddin. Miers we are watching across the region following tho
Will be treated in their official residence. Trump underwent tests for the virus after one of his top advisers reportedly fell ill during a Campaign Stop on wednesday. Hope hicks traveled with trump to cleveland earlier this week for his debate against democratic candidate joe biden. The coronavirus has been a central issue for the campaign as the United States has become the worlds biggest hot spot. More than 200,000 people there have died. Trump has been criticized for down playing the impact of the disease. He said in february its going to disappear one day like a miracle more recently hes been reluctant to call for people to wear masks despite repeated requests from experts. Following his diagnosis trump tweeted he and Melania Trump have already begun the Recovery Process saying we will get through this together. The first lady also took to social media to relay the news telling followers that she and her husband are feeling good. To find out more, we spoke to professor kubo fume a
Hotspot while infections in india rise at the fastest pace in asia. Zealandsnks new postvirus recovery. We are joined this hour by the rbnz governor, adrian or. Orr. Haidi lets take a quick look at markets. We saw that exuberance over the Moderna Vaccine progress really dissipate quickly. We saw the late session swing when it comes to trading in the u. S. As it has concerns over the efficacy data from moderna causing some concern. Take a look at the futures in asia. We are seeing downside when it comes to futures trading in japan, australia, and hong kong, although we are looking at a little bit more of a positive open when it comes to trading on the mainland, and just also keeping an eye when it comes to Energy Markets as well given that we are starting to see backwardation between that june and july contract for the wti, suggesting some of the storage issues have started to ease. Lets take a deeper look at the markets. Investors are increasingly debating whether the broader stock mar
It is that president putin and the russian leadership should think about the radical change in the attitude towards the rest of the world and to switch to a cooperative mode. The new measures are apparently aimed at pressuring russia to change its policies. President putin says russias economy wont rebound from its woes and the ruble will stabilize, but hes warned it could take up to two years for that to happen. He appeared before 1,200 reporters for an end of year news conference. Under the most unfavorable scenario, this situation may go on for about two years. The russian president referred to the devastating impact of prices on the ruble. He defend ed the bank aes decision to raise is its key Interest Rate to protect the currency. The Current Situation has been proevoked by external factors. The central bank and the government are taking adequate measures. He also said russia must diversify its economy to reduce its dependence on oil and major export and the key source of income f
It is that president putin and the russian leadership should think about the radical change in the attitude towards the rest of the world and to switch to a cooperative mode. The new measures are apparently aimed at pressuring russia to change its policies. President putin says russias economy wont rebound from its woes and the ruble will stabilize, but hes warned it could take up to two years for that to happen. He appeared before 1,200 reporters for an end of year news conference. Under the most unfavorable scenario, this situation may go on for about two years. The russian president referred to the devastating impact of prices on the ruble. He defend ed the bank aes decision to raise is its key Interest Rate to protect the currency. The Current Situation has been proevoked by external factors. The central bank and the government are taking adequate measures. He also said russia must diversify its economy to reduce its dependence on oil and major export and the key source of income f