Markets could hit that Circuit Breaker limit. It is incredible when we think about the volatility. It doesnt seem like the Federal Reserves jay powell has calms kets by any has combed has calmed markets by any means. Francine lets get straight to the bloomberg first word news in new york city with viviana hurtado. Viviana we begin with the most extreme effort yet to slow the march of the coronavirus in the United States. The cdc recommending events of 50 people or more not be held for two months sports, weddings, parades, concerts. All of these are on a twoavoid list. The economic slump in china is worse than analysts feared be the coronavirus leading to factories, shops, restaurants enclosed across the nation. Industrial outlets plunging 2. 5 . Retail sales were down more than 20 . Now the first oneonone debate between president ial hopefuls joe biden and Bernie Sanders. They sparred on ideological lines over how the government should respond to the coronaVirus Outbreak. Mr. Sanders s
After withdrawing from the president ial race. My. The us state of california has declared an emergency to deal with an outbreak of the coronavirus theres been a rise in cases there arms the 1st fatality and elderly man dies after recently returning from a trip or a cruise ship the grand princess is now being docs near a california schools with thousands of people still on board she returns a reports on how authorities in california are trying to determine if other passengers are infected. This cruise ship appears to be a potentially another major vector for the coronavirus to spread this man who was elderly had Underlying Health problems which is what we often see in people who die from the coronavirus but he was all in this ship and he does some bug having already felt symptoms off the coronavirus he went home and finally he called my mom one got help got tested was tested positive but that died at least one other person from that same cruise ship who also disembark is potentially is
Future of the country i. Need to rethink that is drama. To me its all about a new i might show join me in the contest and beat up the. Post. Stocks fall into Oil Prices Surge as investors worry about new tensions between the u. S. And iran look at what exactly has markets concerned. Also on the show south africas struggling economy is bracing for yet another blow a 3rd junk status reading on its debt. And will hit the road in the u. S. And meet some hard travel amazon workers this is your d w Business Report im Stephen Beardsley in brylin good to have you with us. Global markets are watching closely as tensions rise in the middle east following the u. S. Killing of a top iranian general of special concern or oil the persian gulf is home to some of the Worlds Biggest Oil producers and theyre now in the middle of an escalating crisis. The u. S. Air strike has sparked concerns that regional tensions could escalate further but tension disrupting crude supplies the strait of hormuz located
Hit the road in the u. S. And meet some hard traveled amazon workers. This is your Business Report im Stephen Beers in berlin thanks for joining us. Companies operating in iraq are tightening Safety Measures after the u. S. Killed a top iranian general drawing vals of retaliation from teheran Oil Refineries and shippers in the persian gulf have been targeted in the past for iranian sponsored actions in Global Markets are clearly fearing a repeat Oil Prices Rose on friday and stocks fell. The u. S. Air strike has sparked concerns that regional tensions could escalate further but tensions disrupting crude supplies the strait of hormuz located between a man and iran connects the persian gulf with wider is the ways some 20000000 barrels of oil pass through this choke point every day any hint of trouble in the region sends the prices climbing the persian gulf is home to 3 of the worlds top 10 oil nations when measured by oil reserves irans mainstream exports have already been squeezed by u.
Good morning. Welcome to the subcommittee on communication and technologies. Well, good morning, everyone. And welcome to the subcommittee on communication and technologies hearing on accountability and oversight of the federal communications commission. I am glad to welcome our witnesses back before the subcommittee. I know it has been serve months since we had you before us and i know that you have all missed the warm welcoming atmosphere of our hearing room. But despite that passage of time, many issues that were of concern to us then still remain unresolved today. For example, i asked about the investigation into phone carriers selling the realtime location of nearly every american. Mr. Chairman, you told me that even after more than a year had passed, we still couldnt tell whether this practice had stopped. Couldnt say whether the impacted individuals had been notified. Couldnt tell us if members of congress and Law Enforcement had their locations sold or tracked. In june of this