And muslims mark the end of ramadan subdued need celebrations under the shadow of the coronavirus pandemic. The long awaited trial of the israeli Prime Minister Benjamin Netanyahu has officially begun even though he asked to be excused he was required to attend the opening proceedings on sunday to hear the charges against him they include bribery fraud and breach of trust harry force it is our correspondent live for us at the courthouse in East Jerusalem so harry just just walk us through how much evidence is there that the prosecution will try to bring to court against mr netanyahu. Well that there is there are thousands and tens of thousands of documents of evidence and that really dominated quite a lot of the back and forth within the court room but all of that happened after what was already going to be an extraordinary moment in israeli politics. That was turned even more extraordinary by Benjamin Netanyahu his decision to come and lambast the entire concept and process of the inv
Opecs cuts may be draining the glut. The bank of japan prepares for unscheduled talks as the coronavirus keeps extra pressure on the economy. Help for Small Business tops the agenda. Downside are seeing a start to trading on this final friday session of the week. Overwhelmingly, the concern over these escalating tensions between washington and beijing, and now also, beijings expected move to impose the National Security law on hong kong and we are watching, in particular, the start of mainland trading as well as hong kong trading and trading in the hong kong dollar but in the meantime, we are seeing a downside view when it comes to nikkei futures as well as kospi. Sydney futures looking to extend losses of. 4 in the previous session although we could expect to see some modest gains when it comes to the Energy Sector given the gains and that story when it comes to the continued rally in oil prices. We are also watching trading in new zealand. We had retail Sales Numbers out in the last
Gov. Cuomo good morning. Pleasure to be with you. Everyone knows the doctors, the. Udget director today is day 62. It feels like just yesterday. Before we look at the numbers, i just want people to recall the context for the numbers and remember what we have accomplished. We were faced with a situation where the infection rate numbers were going straight up. That was only 30 days ago that we saw the number of cases, people coming into hospital, infection rate, everything was going straight up. That number would have just continued to go straight up, and that is why all the projections, national projections, state projections, local projections turned out to be incorrect. Excuse me. Because they were all believing that that line was going to continue to keep going up. Is new yorkers, americans, change reality. Literally change reality. They literally changed the path of the virus spread and reversed the spread, and that is what the closedown procedures did. That is what the masks that d
Economic damage, really us with a strong recovery to the heroes act takes that wisdom to heart. It is the bold and transformative step we need to ensure our nation meets the challenge of the pandemic and the ensuing economic recession. Much of the bill is in the jurisdiction of other committees and my fellow Committee Chairs will tell you more how this bill meets the needs of the American People. By putting money directly in the pockets of workers, including our essential workers, supporting Small Businesses and nonprofits and further bolstering families, including their Health Security and workplace security. However, there is much in the appropriations to address the health and economic crisis for the people. First and foremost, the bill delivers nearly 1 trillion to states and local governments so they can keep our heroes, first responders, health workers, teachers and other Public Servants paid and working for us. I am incredibly proud that this bill will provide 67 billion to my h
As a result, there is another divergence. We may have risk stocks higher but we also have haven bonds and the yen higher. The japanese yen now up a fourth day in a row. It tells you not everybody is believing not just the rally today but the rally we have had in recent weeks. David in fairness, you cannot blame investors if they do not know exactly which way this is going. Thing started up a bit and then came down. Some of the stocks that have been beaten down came back. That is a big piece of the rally. One reason some strategists and traders do not like it in terms of the companies that had been january,y the virus in february, and march such as the Leisure Companies and the airlines, there has been a bounceback over last few weeks. Some say the rally off of the lows in march, there are holes. If you look at the s p 500, there is a huge move down from the peak to the trough. Now we are halfway back up. It is hard to know which side and what the greater risk is to the upside. Do not f