Good evening welcome to newsnight for insights and interviews. The Prime Minister told us all today things will get worse before he said they would get better we already know that means tax rises, but well ask a labour Treasury Minister if it also means austerity is back in some form. Well ask what advice he has for a newsnight viewer whos nearly 80 and is having his winter fuel payment taken away, and we ask about accusations of cronyism. Is cronyism bad under a conservative government but ok under a Labour Government . Government but 0k under a Labour Government . Government but 0k under a Labour Government . Cronyism is something keir starmer government . Cronyism is something keir starmer has government . Cronyism is something keir starmer has made government . Cronyism is something keir starmer has made very government . Cronyism is something keir starmer has made very clear government . Cronyism is something keir starmer has made very clear he | keir starmer has made very clear h
Election delay. Another wave, the u. K. In france report record daily virus cases. Good morning. Session volatile yesterday on wall street. Action, s p 500 futures are in the green. Flat on the year on the index. Alongside 50 up 0. 5 asian equities. Dollar index had a firm week, little change this morning, but we are up or the 1 , biggest weekly gain since april for the dollar. Nymex crude getting a lift, 40 a barrel. U. S. Equities, a volatile session fluctuated yesterday erasing this years gains briefly. The jobs data disappointed on top of stimulus talks. Dani burger is digging into it for us. Dani anyone trading yesterday is suffering from whiplash. We did get the s p 500 erasing yeartodate gains, and today it 0. 5 , unclear whether we will get that are not. We had converging forces between hopes for forces, poor jobs numbers, and new housing data that was optimistic. Thing that might comfort about what we saw yesterday, we are getting close to a correction. We need to drop 0. 8 on
Cities are sanctuaries for criminal illegal aliens coming up on the program the World Health Organization. Situation in europe just. Started opening. In china says its embassy in washington received Death Threats. Being whipped up by the. Chinese houston 72 hours. One minute past 9 am and 11 pm in tokyo and 5 in the evening right here in moscow this thursday july the 23rd welcome to r. T. International. An intense standoff is developing in the u. S. City of portland president Donald Trumps the citizen to send in federal troops to crack down on anti racism protests appears to have faded the situation. Right. There why. Its reported tomorrow portland was among those tear gas federal officers. With protesters the white house they must be has control of the city however more than a dozen u. S. Most of them democrats voiced the alarm over the federal crack on the verge the Trump Administration to pull troops all its of American Cities meanwhile calls from the police amidst all riled the wri
We are getting out of equities and bonds. They are getting out of crude. They are all just going into dollar, the dollar being another safe haven here. Caroline certainly the dollar remains the haven of choice. It is interesting whether we are talking about an inflationary or deflation area cycle as sherry was pointing out. Volumes have been very much on the thin side today, and people have been taking a step back on the risk on and risk off folk us. Volumes in the s p 500 remain. Romaine i am glad you brought up the volumes. That is something we should have talked about a bit more. The price action over the next couple of days may not be completely reflective of economic sentment, but it could cause a lot of problem for folks depending on the side of the trade you are on. Caroline lets take it back out to sherry paul now. Sherry, the big expiration as for the hearing from that coming up. Volatility s of and you are saying to remain committed. The dollar remains stronger as taylor poin
My question will be about sports, and mainly about the situation, complicated situation that the National Sport has found itself in. Recently on a night in december, the executive committee has taken unprecedented decision to ban all russians from all the major sport events that include olympic games, paraolympic games, both winter and summer. And the reason for such a decision was a failure to respond to the demands for the roadmap for the moscow doping agency, and of the information they handed over to the world Antidoping Agency. So they were deprived of their rights so they were basically , disqualified too. And the country that suffered from the sanctions, the side that suffered the most, are athletes, innocent athletes. What needs to be done . What do athletes need to do, and how is the National Russian sport going to develop in such a tough and complicated situation . Thank you. Mr. Putin ill respond to your question, but ive jotted down some things that i saw. I think i missed