The warning comes just hours before france downgrades Fourth Quarter growth to zero. And the u. S. Legislators propose sweeping antitrust reforms on tech giants including alphabet and amazon. 449 page report recommends curves curbs on acquisitions. 6 00 came in london, 9 00 a. M. In downtown well done, welcome to the myriad of tweet storms. It pulls the ripcord on fiscal negotiation. A very machiavelli move, then he offers the art of the deal. Good morning. We are betwixt and between. Annmarie good morning, a bit of a tugofwar because these came after jay powell was pretty unequivocal about his stand on what is needed for the u. S. Economy, saying the risk of overdoing it seems to be small. Youre looking at the trump tweets instructing his team to close negotiations. Manus the other thing that comes to mind is this, from promises to do a deal after he gets reelected. The risk is this, we have a fiscal void, that is the risk until february. Fiscal void takes you through to february. Tak
After the adp report, employment is still a bad number. From 43. 1, so42. 1 that feeds into the narrative that even if the economy opened up a little bit in july, we are going to see fewer people working, and we will probably see adjustments to peoples payroll forecasts for friday. Alix is that the one take away from today, the slower rate of job hiring . Michael that is the important thing. You can open up the economy and get a yield sitting in the middle of the street or a restaurant, but the people who serve you are not coming back as quickly as they would hope. That will slow the economy overall. Alix you mean in new york you literally have tables in the street. I appreciate that take them. One other sign of hope in the race for a vaccine you have shares surging to their highest in five years. I two shot experimental covid19 vaccine generated antibody responses in healthy adults that were four times higher than in people who have already recovered from the virus. I am joined by the
Money yes concerts are cancelled and Live Performances stay down. Im sumi so much going to thank you for joining us the southern german state of bavaria has canceled the october fast beer festival because of the corona virus the event attracts more than 6000000. 00 visitors every year and authorities fear it allowing it to go ahead would lead to a spike in infections as we report the move is likely to take both a financial and emotional toll. No crowded party tents giant mugs of beer or packed out parades. Germanys biggest festival has been cancelled for the 1st time since world war 2. Large events are currently banned in germany until the end of august october 1st was supposed to start on september 19th but Officials Say the risk of infection during the coronavirus pandemic is just too high. 2 it is painful for us it is a great pity but as with many things this is not a normal year and this is certainly going to be a year without the festival. About 6000000. 00 visitors flock to the o
Im sorry so misconduct its good to have you with us the southern german state of bavaria has canceled the october fest beer festival because of the coronavirus the event attracts more than 6000000. 00 visitors every year and authorities fear that allowing it to go ahead would lead to a spike in infections as we report the move is likely to take both the financial and emotional toll. No crowded party tents giant mugs of beer or packed out parades. Germanys biggest festival has been cancelled for the 1st time since world war 2. Large events are currently banned in germany until the end of august october 1st was supposed to start on september 19th but Officials Say the risk of infection during the coronavirus pandemic is just too high 2. Which is painful for us its a great pity because with many things this is not a normal year and this is sadly going to be a year without the 1st. About 6000000. 00 visitors flock to the october fest every year crowding the Festival Grounds but also the ho
Year old mohamed hes one of thousands of children trapped in refugee camps in greece as the threat of the coronavirus looms the situation is looking bleak for him and so many others. And the price of oil drops to its lowest level in decades after the pandemic pauses to monta clubs. Hello im christine one welcome to the Program German chancellor Angela Merkel has warned that people should not risk all germany has achieved in containing the coronavirus in other words its a danger to become complacent about physical distance and now merkels message comes as germany begins to ease some of the restrictions it put in place several weeks ago she wants that if new infections struck growing rapidly again a return to tighter restrictions will be unavoidable. It shopping but not as we knew it to this store in cologne customers are required to keep a safe distance apart with will that happen when more people come. Chancellor merkel announced the easing of germanys Strict Lockdown just days ago but