Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell digging into the latest covid numbers mike, whats the broader take on what is happening today average bit of a rethink on a mull pent fronts the idea that covid might cause more business disruption last week the s p 500 was skirting this boundary between this sort of breakout level we had and around 3,400 we are actually below that right now. Did a little bit of damage s p and the nasdaq fell below the 50day average the s. A. P. Warning probably evented the nasdaq from doing a better job of sup
A government ban because of coronavirus. Tension is rising across the u. S. With the threat of rival groups squaring off in labor weekend protests against racism and Police Brutality a potential flashpoint though is louisville where theres been a pro trump running ahead of the famous Kentucky Derby horse race hundreds of protesters brandishing guns faced off against a black lives matter of protest near the city square where Brianna Taylor was killed by police in march but in the past few hours numbers have been building at a demonstration into the death of unarmed black man daniel prude in rochester new York State Attorney generals call for a grand jury investigation into prudes death just days after his family released Police Body Cam footage and theyve now been a 100 Straight Days of road of rallies in poor. In the death of. Police custody in may and. A number of protests that taking place across the country but 1st tell us the latest developments in the. Latest development daryn is
Things affect people we revisit me say even when there are no international headlines. Aljazeera really invest and thats a privilege. This is counting the cost on aljazeera your look at the world of business and economics this week as Oil Prices Slump economies shrink and austerity kicks in is this the end of the middle east oil rush also this week south africas unemployment hit a record high before the pandemic whats gone wrong for an economy that emerged from the 2008 financial crisis in a strong position. When you try to reinvent the wheel but turns out you may simply be the Worlds Largest taxi firm is this the end of the gig economy into fights and labor laws and courts around the world. The world economies are moving away from fossil fuels right now being an Oil Producing nation is a tricky proposition burning through money set aside for a rainy day and borrowing money from International Investors to make sure you can pay your bills its also a time many Big Oil Companies are think
Negotiations in geneva. Medical workers in iraq to manage better pay and protective gear as hospital struggle to cope with the rising number of coronavirus cases. With crunch spreads it talks resuming this week the u. K. Warns the e. U. We wont blink 1st. Im really wellings with the sports news this formula one celebrates a new were now at the italian called pretty ghastly is the 1st french ones to win a race in 24 years as championship lead in there was hamilton is made to pay for a mistake in the pits. But the Russian Security forces have detained dozens of protesters at a massive antigovernment rally in the capital minsk president Alexander Lukashenko has repeatedly issued threats of violence. Islands against the demonstrators who are defying those warnings smith has the latest for us from neighboring. I. There is still some safety in numbers for the 10s of thousands of protesters on the streets of ments. The ministry of interior and valorous has warned them that demonstrations are
Where will limits political ads before americans go to the polls in november that message from facebook the giant tech company says it aims to stop election misinformation but does this convince everyone will it work this is inside story. Hello welcome to the program. Facebook has announced steps to prevent its platform being exploited in the week leading up to the u. S. President ial vote it will stop accepting new political ads 7 days before november 3rd election but it will continue to show whats already in the system the social media giant has been criticized for allowing political as to be micro targets only seen by small and select communities instead of being debated by a wider audience its also accused of not doing enough to fact check articles on its platform so. C. E. O. Mark zuckerberg unveiled the new measures in a Facebook Post he says this election wont be business as usual and admits he has a responsibility to clear up confusion he says hes worried about divisions in the