Tries to activate whats called a snapback mechanism hoping to reimpose all u. N. Sanctions against iran. Also ahead argentinas steps up efforts to find a Coronavirus Vaccine as the economy struggles on a long lockdown. Will be kicked off this news with a developing breaking story for you federal prosecutors in the United States in the last hour or so have arrested and charged a former senior white house strategist steve bannon he was one of President Trumps most influential advisors during the 2016 Election Campaign the Justice Department is accusing him of conspiracy to commit wire fraud it has to do with a Fundraising Campaign to support the building of Donald Trumps wall along the border between the u. S. And mexico live now to the heart of the story the white house and our correspondent there kimberly how kick him hi there so mr bannon what does this mean. Well what this means is that he could face along with his associates up to 20 years in prison these are not light indictments t
Because they dont know who is a citizen without the virus and who is a citizen with the virus. The most basic decisions have become a distraction across the country as americans have become afraid of a stranger and of a friend. This is a huge shift in where we are as a country. And what this demands is immediate action. Three weeks ago this senate and the house passed 8. 3 billion, and we did it with overwhelming bipartisan support to be able to add additional funding for diagnostics, for testing and for rapid work on a vaccine. All of that work is advancing quickly. We have human trials in a vaccine happening right now. Weight came together and there werent extra things added to it we focus in on the virus. Theres no question theres lots of moments to be able to debate the things we disagree on. But this is a moment we understand to focus in on what is the problem. The problem is zealing with covid19. There was a bipartisan bill put together in the senate. A week ago today, senator sc
American consumer. Well explain as power lunch begins right now lots of green on this fall monday take a look at the markets all three of the major measures that we follow the dow in 2 of the record high as we look to finish out the Third Quarter. Check out apple. Jumping as jpmorgan says the stock could soar well have more on that. thanks the ongoing impeachment inquiry taking the turmoil in washington to new heights eamon is live with the latest. Reporter on squawk box this morning we got a sense of how some people in white house are viewing this impeachment process up on capitol hill the president s trade adviser was on he gave us husband view. Here his view this is an attempt to run around the ballot box and these radical democrats told us this much i think its war the congress has declared war on this president the American People reporter that matches toeheb tone of what you hear from aides and this could be a long process. Its going to require a real robust white house effort to
A high of algerias 29. Growing gulf and harsh and unforgiving circumstances children learn to play dangerous games they say if i throw stones theyll destroy the house and take me worn down by frustration and broken promises young men living under the constant threat of imprisonment big took me to the jeep and blindfolded me the time for them to regain control of their lives is when the boys returned prison my hiding out at this time on al jazeera. Talking back a look at the headlines. Yemens heathy rebels and released images which they say show the surrender of several of saudi troops in the town of not drawn on the border between the 2 countries the signal and verified police in hong kong a 5 water cannon rubber bullets and tear gas approach democracy demonstrators offer an unauthorised launch reach to the government complex and all strays from a childless western curts hooksett to return to power exit polls from the snap election shows conservative peoples policy in the need with 37
Tech sector higher and the Federal Reserve Decision Just days away with an Interest Rate cut firmly expected by wall street joining uts for ts for the hour lindsey bell perfect day to have you because you are the sort of earnings scorecard keeper things feel a lot better than they were expected going in. Absolutely. This was the busiest week of earnings so far this season. But what was surprising to me is hear from all the companies talking about the outlook. I was expecting them to cut numbers sharply and most reiterated and even raised guidance of course there is a few that cut and took things down because of uncertainty around trade and other things but i thought that it would come from a more Broad Spectrum of companies. The themes that we can take from this week it seems that consumer geared companies doing very well. The great Big Tech Companies that weve been valuing for five years or more proved that that is why that they basically have great businesses what are we going to see