Have heard the call to defund the police so what happens in the city where they did just that its. An urgent appeal for nearly 200000000. 00 to help people fleeing violence across the south. I normally bollings with the sports news as the few the joshua heavyweight boxing deal comes under scrutiny because of its possible links to include almost crime details coming up later this hour. Hello thanks for joining us a dire picture is emerging of how the worlds 2nd most populous nation is coping with coronavirus india has nearly 300000 cases but the number is climbing rapidly in the Health System is struggling that comes after shops and factories were reopened across the country there are now reports of people being denied treatments and of bodies not being disposed off properly elizabeth purana begins our coverage from the. Hundreds of doctors and hide their bods main hospital for coronavirus patients on strike just one of many protests by Health Care Workers across india a doctor here was
Tom we see that within our data. Yields lower, curve flattening. But i really note the commodities ace that the commodity space, the linkage to em, the faction yesterday, all of those tied together. One of the great barometers is west texas intermediate, trading , at a 20 price. Francine . Francine i have a similar data check. Taking a tumble after regulators pushed to access payouts. No payouts, no dividends. Stocks falling in europe. Investors are looking at the worsening america coronavirus figures, pretty horrific numbers that we heard from dr. Fauci and President Trump yesterday, and they are trying to assess the impact of the pandemic on corporate profits and dividends. The dollar climate with treasuries. I am looking at a couple of other things. Withe dollar climbing treasuries. I am looking at couple of other things. Economists are becoming less convinced about the potential for a strong snap back and growth. Saudi aramco you were mentioning it the oil supply surging above 12 M
Go to robotics. Deplaning marched realises wait a 2nd we want the whole picture perfect as that will make ideas shift deliver us. From a measure to reality to cryptocurrency your top pace for live in an ever changing Digital World lets talk to digitize ation. Shift. On t w. Californias landmark give you a commie law goes into effect put it all sure and big changes for tech firms like hoover and what expense for freelancers some of whom say theyre already losing clients. Also on the show french workers are up in arms over Pension Reforms when young tech entrepreneurs say the country is doing right by the. And will talk to american author Jeremy Rifkin who argues the u. S. Needs to massively overhaul its economy to become greener. This is your Business Report im Stephen Beard zimbalist good to have you with us california both one of the Worlds Largest economies raking close to the u. K. In total annual output or g. D. P. Thats what multinational firms pay close attention to regulations i
New York Stock Exchange will start. Edward of course with you, youre the man of the hour. I guess jay powell is. Take us through the day. Reporter heard what he said there, 25 basis point cut to the federal fund rate. There was very divided fed we saw here. Very divided committee on the fed funds rate. There were three dissents. The last time there were three dissents in the opposite directions, december 2014, five years ago. We had st. Louis fed president jim bullard who believed there should be a 50 basis point cut today. There was esther george, kansas city Federal Reserve president and Federal Reserve president of boston Eric Rosengren believed there not be a cut at all. The Federal Reserve is not forecasting recession as we go forward. Theyre not forecast anymore rate cuts this year however chairman Jerome Powell pushed back on that a little bit, that theyre watching the data coming in. Things may shift related to that, looking at volatility and uncertainty out there. Listen. What
Amy President Biden calls on donald trump to join him in a bipartisan bill to further militarize the u. S. Mexico border and crack down on migrants in and asylumseekers. We will speak to the leading immigrant rights advocate. We look at an intercept expose of a controversial New York Times article. There is no News Organization in the world with greater influence, particularly over the u. S. Government and American Public opinion, that the New York Times. To publish a story the middle of a war that makes incendiary allegations, you have to have that knelt down tight because if you get something wrong, it can take lives. In this case, we see a deeply flawed peacemaking extremely incendiary allegations. Amy we will speak with reporters Jeremy Scahill and ryan grim. All that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. In gaza, the official death toll has topped 30,200 as Israeli Forces continue their daily attacks one day af