Launched [yelling] pauley and there is bad news. Almost a week of violence and unrest in minneapolis and other cities. In the wake of last mondays death of george floyd while being held by police. Well have the latest on those disturbances just ahead. And then its on to covid. This pandemic is very much a mixed bag, depending upon where you live. New cases down in some places; up in others. Many places reopened. Other places are still closed. Uncertainty about the future still lingering just about everywhere. This is your life in these strangest of times, as mo rocca will report in our cover story. Plexiglass barriers have been popping up all over. This is your life, as the country returns to normalish. Have you seen anything that approximates it . Not even close. Reporter not even close . Nothing like this. It is a frenzy, almost. Reporter coming up on sunday morning, old lessons about the new normal. Pauley even in the face of Live Performance shutdowns, some of our top musicians are
A listen to what he told the House Financial Services committee on wednesday it appears that uncertainties around trade tensions and concerns about the strength of the Global Economy continue to weigh on the u. S. Economic outlook. Fed watchers took that expression of concern as a clear and long anticipated signal in fed speak that the u. S. Central bank will cut Interest Rates when the board of governors meets later this month u. S. Stock markets rose on reports of powles testimony with the s. And p. An expert king 500. 00 index breaking 3000. 00 during its delivery before falling back in other markets gold jumped by as much as 15. 00 an ounce in london while in the oil sector both brant and rose by 3 percent in early trading on wednesday. We are now fortunate to be joining for a deep dive into this market moving development and its meaning for the Global Economy by peter c. E. O. Of Euro Pacific Capital and Richard Wolffe Professor Emeritus of economics at the university of massachus
Base so as you can see here its a bit of a split moving away all these operations out of china into different parts of the world but again you know these guys make i pads they make i phones they assemble these things so apple is very reliant on them now looking at the Current Situation and with these demands that apple has from them. Saying well move to one of these other countries they have operations all around the world to japan vietnam. The Czech Republic brazil and mexico but here is the issue at hand apple might be a huge 2 clients of foxconn but so is china so were looking at this 1st of all 50 percent of fox conns revenue is related to apple so massive and analysts say only about 25 percent of their manufacturing facilities are outside of china so how they expect to meet these goals. Quite clear on that but if the company says it could do so while it might be able to do so but theres another angle. Here which is political the guy whos the chairman of this company terry go he is
Global report today as the European Competition commission blocks the merger of the steel making units of indias tata steel and germanys these same crop the 2 companies had previously fact off the proposal after the e. U. Competition commission signaled that both companies would have to divest certain assets to address the regulators antitrust concerns Competition Commission our market has now effectively terminated the deal that would have created the 2nd biggest steel manufacturer in europe mr best d. J. Decisively denies the deal after many stakeholders told the commission that the 2 companies counterproposals on antitrust issues would not address their concerns the final denial may fuel calls for reform to the rules the commission runs by as the Steel Industry observers say that some consolidation is needed to stabilize an industry unsettled by events including the us tariffs on imported metals from the e. U. China japan and russia. Number. Technology firms are preparing for the lo
We speak with naomi klein, author of this changes everything capitalism vs. The climate. She recently spoke at a vatican Climate Conference organized by pope francis. Naomi you cannot call yourself a climate leader while opening up coal mining. We have to lead it from the ground. Amy then to mexico, where human Rights Groups are calling for a probe into the murder of photojournalist Ruben Espinosa and four others in mexico city. In his final interview, espinosa talked about why he had recently fleeing veracruz for his safety. Leave for common sense. There was an attack on students. We could not in the situation do less with any threat or intimidation. We do not know what will happen. In veracruz, there is no rule of law. Amy all that and more, coming up. Welcome to democracy now, democracynow. Org, the war and peace report. Im amy goodman. President obama has unveiled his longawaited Climate Change plan to slash Carbon Emissions from u. S. Power plants. Speaking at the white house, oba