And low turnout in municipal elections in france seen as a midterm test for president his governing party is expected to face big setbacks. I mean well into the sports news is not just a city and so place the f. A. Cup semifinals to the drawing board now but also already true thanks to the labor not in the sun chelsea are into the last one no one of the less than the best of the action coming up. Now the number of confirmed coronavirus cases around the world is now more than 10000000. 00 and there are warnings that time is running out to get the pandemic under control in the worst affected country thats the United States where several states are reporting record numbers of new infections the spikes are concentrated in a. Southern and western states mostly controlled by republicans even as Vice President mike pence claimed the country is that inning the cut of more than 2500000 and affections have now been recorded across the us india has also announced its highest ever daily jump with
Well, this was the scene last night as protesters tore down statues at golden gate park. The monuments were of Francis Scott key, former president ulysses s. Grant all torn down. It all comes over the debate of the legacy of the historic figures. Reporter the city says their crews worked through the night after the statues were pulled down and today just the pedestals are left. Today people came by to have a look and weigh in. Cleanup was under way early in golden gate park. Pedestals were there, but three statues were gone. Stephen exercises here and has some experience. I also think about if there arent other statues depicting those who were oppressed so im not sad. G reporter we obtained video of the monuments being pulled down. Last night Police Say People showed up and at one point bottles were thrown at officers. Key composed the starspangled banner and was known to own slaves. The country is not ready to admit to a lot of things that has happened, and i think that people now are
Ad the u. K. Is to planning custom regime at its border. Michael is expected to rule out extending the brexit transition period today. Welcome to daybreak europe. We saw quite a drop, the stop and 12 weeks in the s p 500, declines of almost 6 . Somehow they are saying it will be normal. You see consolidation, gain in futures following a drop like that. Whats it about jay powell . Was it concerns about a second wave . Or was it because of bullish positioning and sentiment getting a little too stretched . Whatever it was, youre seeing the selloff continue in asia today, about 1 or more in u. S. Futures. The european futures firmly in the red. We saw some Dollar Strength in yesterdays session, which speaks to studying somewhat today, a drop of almost six basis points in the 10 year treasury yield. We move up 2. 5 today, and oil set for his first weekly drop since april, being swept up in those second wave fears. As i was saying, he was stocks saw their worst selloff since march, with almo
Thanks for joining us britain faces its deepest recession since 300 years due to the coronavirus pandemic economy shrank by a record 20. 4 percent in april the sharp drop reflects the impact of the countrys coated 19 locked down bad news as the country heads with important deadlines looming. Once again the European Union is waiting for Boris Johnson once again he missed an important deadline and once again the british Prime Minister is taking his time johnsons government has until the end of june to decide when and under what circumstances his country will leave the e. U. Britain has registered more than 2000000 unemployed since march the bank of england calls this the worst recession in 3 centuries is Boris Johnson teetering on the brink of a brigs a disaster Stephen Norman c. E. O. Of british car manufacturer vauxhall recently commented. You know. Michel barnier the e. U. Representative in free trade talks with britain is losing his patience to the agreement should have been reached
Instead of going to school many kids work long hours to help their families pay the bills. And good to have you with us fears over a 2nd wave of Coronavirus Infections have sent Global Markets tumbling again in new york on thursday. Plunged 7 percent the worst days since the march. Had surged over the last month as easing. Hopes that the Global Economic recovery was on the horizon but now markets are losing. European shares. For closer look at those markets im joined now by our financial correspondent coned bose in frankfurt corette share prices around the world collapsed when the pandemic hit then they surprised us all by bouncing back again but it seems they got a bit ahead of themselves. Oh yes terry of course this morning here in frankfurt it looks like the slump has momentarily at least come to a halt but obviously the optimism expressed by the rising stock prices in recent weeks was over down you know the german share index stacks from the middle of march to the beginning of this