General assembly gets underway in new york tension between the u. S. And iran is set to dominate. Mali it marks 60 years of independence a day after a former defense minister was appointed interim president by the military job plus. When we receive lets say a dollar only 0. 25 maximum is what were able to use it by inflation aid agencies helping flood victims in sudan say their work is being hampered by an economic crisis. The anger on the colombian in the colombian capital as a march against Police Brutality turns violent. The World Health Organization has warned that the coronavirus pandemic is accel raising globally but fewer people who get. Dying a 2nd look at the global picture focusing on the 5 countries that have seen the most deaths from the virus the u. K. Is 5th in the world more than 41000 people have died but its curve is going the wrong way the u. K. s Health Minister says that hospital admissions are doubling every 8 days across the atlantic nearly 200000 americans have d
Also the question of yemen and the question of us are and of course honestly taken the lions share of the mirror speech and thats also a very very interesting pursuit of course were seen over the last few weeks it in the moment as issue that israel and the. d sizing more importantly International Law and white be spent on have been going on here well without justice and i think its in back since the consistency. Each rhetoric despite the blockade of course means that the locket has spilled i thought it would be a change purse position the point of this what mission is more important because not just imprecise in each and every new position especially like syria and yemen and libya thats what i was thinking the position of International Community or International Law and that in terms of what happens in palestine. Does not execute that war is that i just getting b. C. And diplomacy but based on justice and International Law rather than based on a piece meant and blackmail d and that pea
To be a lot at night it was also wholl ok thank you so much for that ma and i do remember that speech very well trump was forced to laugh it off im self. Cant get that out of the memory thanks for that ma when will come back to you a little later in the program joining us now from washington d. C. Is richard ponza he is the director of just security 2020 with the Stimson Center think tank. I want to pick up something that meaghan said and put it to you my almost talking about this astounding reversal of roles that we see now the u. S. Really its very nationalist and we have china and russia talking about multilateralism holding this up about their commitment to the u. N. And to you the uns role whats your take. It is truly an astounding reversal. From the beginning of the trumpet ministration not just the beginning of a pandemic the us has been very much on the attack about some type of book globalism that was antithetical with real American Values patriotism of course all tied to his
London mayor sadiq khan is set to recommend more restrictions. Bruised. Leaked documents related to troop 2 trillion in transactions, showing banks profiting from powerful and dangerous actors, even after the u. S. Introduced penalties. Low inlls to a 25 year hong kong. Plus, pet review. The eu starts an evaluation of a pandemic bond buying program. Policymakers are expected to discuss how long they should continue as well as whether or not they should widen the rules for older programs. Just an hour away now for than the start of from the start of cash equity trading in europe. Lets look at where markets are pointing us futures are pointing us. A drop in asian stocks. Ftse futures off one full percent. Concern of course about further or another renewed lockdown driving that market down further than the others. You see dax futures up 0. 8 . Look at u. S. Futures, not down as much right now. Looking at a drop in u. S. Across the s p, the dow, and the nasdaq, about 0. 5 right now. Anna f
From todays apple event we start with a major selloff in the financials the biggest driver in the market with the xlf falling more than 1. 3 citi dropping 7 today under pressure that regulators could crack down on the banks Risk Management systems the stock is now down more than 12 in the past two sessions guy . Dan nathan has been talking about this for a while one of the things weve said is todays banks are much different than ten years ago theyve become utilities you have to look at them differently and you have to factor in valuations much differently. Ill say this quickly about citi right now at 45 the stock is now trading 63 of tangible book, assuming that tangible book is accurate thats levels we last saw probably in the financial crisis these are trough valuations in terms of the price of tangible book i think Warren Buffett told you everything you need to know about us banks hes obviously paring down exposures in banks i think that tells you a lot as well in terms of citi, its