Woodruff all that and more, on tonights pbs newshour. Major funding for the pbs newshour has been provided by on an american cruise lines journey along the colombia and snake rivers, travelers retrace the route forged by lewis and clark, more than 200 years ago american cruise lines fleet of victorianstyle paddlewheelers and modern riverboats travels through american landscapes to ustoric landmarks, where can experience local customs and cuisine. American cruise lines. Fidelity investments. Shour. Bnsf railway. Consumer cellular. Carnegie corpation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At arnegie. Org. And with the ongoing support of these institutions and individuals. Ra this prwas made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff Coronavirus Infections have passed the halfmillion mark worldwide tonight,
End into the weekend, major curve flattening. Francine yes, major curve flattening. We will analyze that during surveillance. For first word news in new york city, here is viviana hurtado. Hi, viviana. Viviana the coronavirus epidemic has entered a new phase in cases outside of china is quickly are quickly multiplying. South korea and japan closing in on 100 cases. China, though, still the center of the crisis. Roughly 75,000 infections have been reported, but the new number of cases declining. Intelligence officials reporting the u. S. Congress russia is trump to get donald reelected. The president was angered by the disclosure, reportedly claiming the democrats will use it against him. Donald trump said he will not immediately pardon his former associate an ally, roger stone, still, if courts do not overturn his conviction, President Trump said he will intervene in the case. Mr. Stone was charged for lying to congress and witness tampering. Wells fargo, bloomberg learning it is set t
The markets are clearly telling us that the markets are not pricing in the worstcase scenario when it comes to iran, or at least Portfolio Managers not. Stoxx europe 600 gaining some 0. 6 . On bloomberg surveillance, we will be speaking to the president of euler hermes, Wilfried Verstraete. That discussion is up very shortly. Lets get straight to the blumberg first word news. In new york city, heres Viviana Hurtado. We begin with the first stage of the u. S. China trade deal, set to be signed next week. China says its top negotiator is visiting washington, d. C. It is the latest move towards a detente. Contradictory reports this morning are emerging about what caused the ukrainian boeing 737 to crash and iran. Initially blaming a technical issue, then an engine fire. Ukrainian embassy running out terrorism, but then it amended its statement to offer no comment on the cause. All those aboard the plane were killed in the crash. Hong kong preparing a bold plan to boost its economy, accord
December 15 for tariffs. A lot of focus is on the next 48 hours, we have an important poll for u. K. Elections that happen on thursday. Two days of campaigning left her leaders and two days of possible market movement. Conservatives have a clear majority over the labour party he read the japanese 10 year yield did touch 0 . Coming up on bloomberg surveillance, do not miss our exclusive information with Philipp Hildebrand from blackrock. Days ahead of the u. K. Election, Health Service funding , that brought an awkward encounter for Boris Johnson and a reporter. The Prime Minister confronted with a picture of a sick child forced to sleep on the floor of a hospital because of a bed shortage. Johnsons conservatives are 12 points ahead of the opposition labor party. The saudi arabia is embarking on three years of spending cuts as the Government Faces a widening deficit. A Fiscal Program marking a shift away from the stimulus helped power nonoil Economic Growth with opec output a drag on ex
Lets check in on your markets and see how things are doing in terms of yields. You can see the u. S. 30 year yield coming down further. 1. 96 . Yield at. 98 . R i feel like i must be seeing something wrong because that would be insane. It is actually 1. 47. Im sorry, italy, thats what got me off track. I thought i was looking at u. S. Treasurys, that would be nuts, dropping 50 basis points in minutes. That is the italian 10 year coming in below 1 . With stocks opening down and turning higher after we had some positive trade comments out of china. Lets get first word news in new york. We begin in italy, where conte will get a mandate to form a new government after the former alliance collapsed in chaos. The new administration will include the fiveStar Movement and the democratic party. Those rivals have little in common other than a desire to avoid an election. Country isa, the looking to extend maturities on over 100 billion of debt. They want to delay repayments to the imf after a col